Cheap Apartments for Rent in the Clearwater Lake Neighborhood of Chapel Hill, NC from $700 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Clearwater Lake area of Chapel Hill.

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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516

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property at 130 S Estes Dr

130 S Estes Dr

Chapel HillNC27514

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Poplar Place
1 to 2 Bedroom Apartments

Poplar Place

605 Jones Ferry RdCarrboro, NC 27510

Clearwater Lake, Chapel Hill, NC Local Guide

Cheapest Available Clearwater Lake Apartments for Rent

 

The cheapest available apartment rental in the Clearwater Lake area of Durham, NC is a 1 Bed unit found at Carolina Spring Senior Apartments priced from $999. West End Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,043. Here are the most affordable Clearwater Lake apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1,043
The Villages of Chapel HillA21BR,1BA$1,076
Estes Park - Students save up to 10%!Grove at Estes Park1BR,1BA$1,125
Link Apartments® CalyxS1Studio,1BA$1,141

Best Value Apartments for Rent in Clearwater Lake, NC

As of June 08, 2025 the best value apartment in the Clearwater Lake area is the $1.35 price per square foot Columbia Model at Laurel Ridge Apartments in the in the Lafayette neighborhood starting from $1,240. The second greatest value Clearwater Lake apartment is the Hatteras Model at Carolina - Students save up to 10%! starting at $1,370 with a $1.49 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Clearwater Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.56
Collins Crossingb20b2BR,2BA$1.53
Union Chapel HillB22BR,2BA$1.74
Ashbrook Apartments1b/1b Edgemont1BR,1BA$1.70
Trinity at the Hill1B1BR,1BA$1.62
Poplar PlaceA11BR,1BA$1.54
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1.69
The Villages of Chapel HillS1Studio ,1BA$1.67

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Pet Friendly Lifestyle
Clearwater Lake, Chapel Hill, NC

Ranked #5

Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Clearwater Lake, Chapel Hill, and the greater Durham area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, places that make kids happy, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Clearwater Lake Apartments

What is a cheap apartment in Clearwater Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Clearwater Lake is under $1,200.

What is the price of a cheap apartment in Clearwater Lake?

The cheapest apartment in Clearwater Lake is Carolina Spring Senior Apartments which is listed at $999, while the average apartment in Clearwater Lake costs $2,016.

What types of apartments are the cheapest in Clearwater Lake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 61 regular apartments in Clearwater Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Clearwater Lake?

Cheap apartments in Clearwater Lake have an average cost of $805 which is $1,211 cheaper than the average rent for all rentals in Clearwater Lake.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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