Apartments for Rent in the Clearwater Lake Neighborhood of Chapel Hill, NC (197 Rentals)

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Union Chapel Hill
$1,310 - $2,040
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $2,040
Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Union Chapel Hill

425 Hillsborough StChapel Hill, NC 27514
Student Housing
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property at 102 Mallard Ct

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700
Total Monthly Price
$2,700

3 Bedroom, 2 Bath Home for Rent

Available Aug 1

102 Mallard Ct

Chapel HillNC27517
property at 303 Smith Level Rd

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit A23

303 Smith Level Rd
Chapel HillNC27516
property at 400 W Rosemary St

$2,900

Total Monthly Price

Total Monthly Price

Base Rent
$2,900
Total Monthly Price
$2,900

3 Bedroom, 2 Bath Condo for Rent

Available Now

400 W Rosemary St, Unit 206

400 W Rosemary St
Chapel HillNC27516
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502 Whitaker Street, Unit B
$1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,700
Total Monthly Price
$1,700
3 Bedroom Apartment Available Aug 14

502 Whitaker Street, Unit B

502 Whitaker StreetChapel Hill, NC 27516
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 404 Pittsboro

$2,575

Total Monthly Price

Total Monthly Price

Base Rent
$2,575
Total Monthly Price
$2,575

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

404 Pittsboro, Unit 1

404 Pittsboro
Chapel HillNC27516
property at 434 Summerwalk Cir

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

3 Bedroom, 2.5 Bath Condo for Rent

Available Now

434 Summerwalk Cir, Unit 434

434 Summerwalk Cir
Chapel HillNC27517

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

Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

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property at 907 Oak Tree Dr

$800 - $850

1 Bedroom Rentals

Available Now

907 Oak Tree Dr

Chapel HillNC27517

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Clearwater Lake, Chapel Hill, NC Local Guide

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

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Southwest Durham. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, places to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Luxury Living Rating

This submarket is now ranked as one of the best luxury communities in town, with a score of 3.5 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like pools, saunas, workout spaces, on-site concierge services, gardens, nearby parks, and amenities like granite countertops, range hoods, and high-end appliances. Other luxury items often include tile, hardwood, and fine carpeting, sports like tennis and raquetball, and for some communities, even a doorman to greet residents.

Frequently Asked Questions about Clearwater Lake

What is the current pricing and availability for apartments for rent in the Clearwater Lake area of Chapel Hill, NC?

As of today, July 29, 2026, there are currently 197 available Clearwater Lake apartments priced from $850 to $6,896, with an average monthly rent of $1,656.

What is the current price range for One Bedroom Clearwater Lake Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Clearwater Lake ranges from $850 to $3,561 with an average monthly rent of $1,467.

What does renting a Two Bedroom Apartment in Clearwater Lake cost?

The monthly rent prices of Two Bedroom Apartments currently available in Clearwater Lake range from $1,050 to $3,051. Today's average rental price for Two Bedrooms here is $1,674.

How expensive are Clearwater Lake Three Bedroom Apartments?

There are currently 32 Three Bedroom Apartments listings available in Clearwater Lake on ApartmentHomeLiving.com. The pricing ranges from $1,395 to $6,896 - averaging $2,075 for the location.

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 Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham article

Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.