Cheap Homes for Rent in Chapel Hill East Neighborhood of Chapel Hill, NC from $1,000 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Chapel Hill East area of Chapel Hill.

property at 500 Umstead Dr

$1,250 - $1,495

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 147 Schultz St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 2.5 Bath Condo for Rent

Available Now

147 Schultz St

Chapel HillNC27514

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 708 M.L.K. Jr Blvd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Condo for Rent

Available Jun 1

708 M.L.K. Jr Blvd, Unit E5

708 M.L.K. Jr Blvd
Chapel HillNC27514

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Chapel Hill East, Chapel Hill, NC Local Guide

Cheapest Available Chapel Hill East Apartments for Rent

 

The cheapest available apartment rental in the Chapel Hill East area of Chapel Hill, NC is a 2 Beds unit found at Trinity Court Apartments priced from $884. Estes Park - Students Save Up To 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Chapel Hill East apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Trinity Court Apartments2x12BR,1BA$884
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,065
Nova Chapel HillRedwood1BR,1BA$1,085
Rise Chapel HillA1 Classic1BR,1BA$1,140
Glen Lennox North2 Bedroom 1 Bath A2BR,1BA$1,145

Best Value Apartments for Rent in Chapel Hill East, NC

As of June 01, 2026 the best value apartment in the Chapel Hill East area is the $1.54 price per square foot C1 Model at Avana 55Twelve in the in the Downtown Durham neighborhood starting from $1,900. The second greatest value Chapel Hill East apartment is the C1 Model at Regent Place starting at $1,967 with a $1.64 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Chapel Hill East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avana 55TwelveC13BR,2BA$1.54
Regent PlaceC13BR,2BA$1.64
Notting HillSurrey2BR,2BA$1.55
Dobbins Hill Apartment Homes3 Bedroom 2 Bath3BR,2BA$1.54
The Reserve at Meadowmont Apartments and TownhomesTwo Bedroom One Bath 2BR,1BA$1.68
Franklin Woods - Students: Save up to 10%!Marilyn2BR,1.5BA$1.66
The Apartments at Midtown 501A11BR,1BA$1.45
Trinity Court Apartments1x11BR,1BA$1.47
Glen Lennox North2 Bedroom 1 Bath A2BR,1BA$1.59
Rise Chapel HillA1 Classic1BR,1BA$1.63

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Chapel Hill East, Chapel Hill, NC

Ranked #4

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Chapel Hill East

What type of rentals are currently available in Chapel Hill East?

There are currently 106 Apartments for Rent in Chapel Hill East, NC with pricing that ranges from $884 to $8,909. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill East ranging from $1,050 to $4,000.

What is the current price range for Rental Homes in Chapel Hill East?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chapel Hill East ranges from $1,050 to $4,000 with an average monthly rent of $2,579.

How much are larger Three and Four Bedroom Rentals in Chapel Hill East?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chapel Hill East range from $1,129 to $8,909, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $1,140.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.