303 Smith Level Rd, Unit C11, Unit C11
303 Smith Level Rd
Chapel HillNC27516
Cheap Apartments for Rent in the Clearwater Lake Neighborhood of Chapel Hill, NC from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Clearwater Lake area of Chapel Hill.
Room in Condo on Finley Forest Dr
230 Finley Forest Dr
Chapel HillNC27517
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$768 - $2,0861 to 3 Bedroom Apartments Contact Us For Availability
Trinity Court Apartments
751 Trinity CtChapel Hill, NC 27516
Room in Townhome on Governors Dr
50303 Governors Dr
Chapel HillNC27517
204 Celeste Cir
Chapel HillNC27517
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$1,051 - $2,5771 to 3 Bedroom Apartments Available Now
Glen Lennox North
140 Hamilton RdChapel Hill, NC 27517
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$1,135 - $1,9951 to 3 Bedroom Apartments Available Now
Laurel Ridge Apartments
1100 W Highway 54 BypChapel Hill, NC 27516
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.
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Rent Specials
$1,194 - $4,550Studio to 2 Bedroom Apartments Available Now
Link Apartments® Calyx
55 Maxwell RdChapel Hill, NC 27517
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$1,235 - $1,6851 to 2 Bedroom Apartments Available Now
Kingswood - Students save up to 10%!
1105 Highway 54 BypassChapel Hill, NC 27516
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Studio Apartments
Trustee Corner
115 N Merritt Mill RdChapel Hill, NC 27516
210 Purefoy Rd
Chapel HillNC27514
500 Umstead Dr
Chapel HillNC27516
D2 Shepherd Ln
Chapel HillNC27514
1006 S Columbia St
Chapel HillNC27516
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.
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1 to 3 Bedroom Apartments
Camden Governors Village
100 Durant StChapel Hill, NC 27517
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$849 - $1,2651 to 2 Bedroom Apartments Available Now
Carolina Spring Senior Apartments
600 W Poplar AveCarrboro, NC 27510
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$910 - $1,4161 to 2 Bedroom Apartments Available Now
Berkshire 54
112 Hwy 54 BypassCarrboro, NC 27510
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Rent Specials
$938 - $1,1711 to 2 Bedroom Apartments Available Now
West End Flats
200 N Carolina HwyCarrboro, NC 27510
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Rent Specials
$958 - $1,600Studio to 3 Bedroom Apartments Available Now
The Villages of Chapel Hill
500 Smith Level RdCarrboro, NC 27510
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Rent Specials
$1,045 - $1,5951 to 2 Bedroom Apartments Available Now
Royal Park - Students save up to 10%!
501 Highway 54Carrboro, NC 27510
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$1,049 - $1,2601 Bedroom Apartments Available Now
Chateau Apartments
201 Nc Highway 54Carrboro, NC 27510
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Rent Specials
$1,055 - $1,6051 to 2 Bedroom Apartments Available Now
Estes Park - Students Save Up To 10%!
306 Estes DrCarrboro, NC 27510
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$1,070 - $1,4851 Bedroom Apartments Contact Us For Availability
University Lake
200 Barnes StCarrboro, NC 27510
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Rent Specials
$1,100 - $1,8991 to 3 Bedroom Apartments Available Now
Trinity at the Hill
180 BPW Club RdCarrboro, NC 27510
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Rent Specials
$1,110 - $1,4751 Bedroom Apartments Available Now
Ridgewood - Students save up to 10%!
404 Jones Ferry RdCarrboro, NC 27510
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$1,130 - $1,6301 to 2 Bedroom Apartments Available May 23
Rock Creek Apartments
100 Rock Haven RdCarrboro, NC 27510
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$1,183 - $1,583
Total Monthly Price
1 to 2 Bedroom Apartments Available Apr 17Total Monthly Price
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$1,183 - $1,583
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River View
201 Westbrook DrCarrboro, NC 27510
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$1,221 - $1,870
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2 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,221 - $1,870
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Collins Crossing
501 Jones Ferry RdCarrboro, NC 27510
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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$1,227 - $1,828
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,227 - $1,828
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Bridges at Chapel Hill
142 BPW Club RdCarrboro, NC 27510
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$1,270 - $3,172
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,270 - $3,172
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Autumn Woods
222 Old Fayetteville RdCarrboro, NC 27510
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1 to 2 Bedroom Apartments
Poplar Place
605 Jones Ferry RdCarrboro, NC 27510
Showing Results 1-31, Page 1 of 1
Clearwater Lake, Chapel Hill, NC Local Guide
How much does it cost to rent an apartment in Clearwater Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Clearwater Lake Studio Apartments | $1,621 | $958 | $3,278 |
| Clearwater Lake 1 Bedroom Apartments | $1,484 | $768 | $3,688 |
| Clearwater Lake 2 Bedroom Apartments | $1,753 | $884 | $4,868 |
| Clearwater Lake 3 Bedroom Apartments | $2,481 | $1,110 | $8,602 |
| Clearwater Lake 4 Bedroom Apartments | $2,316 | $1,095 | $7,236 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 3 mile radius of the Clearwater Lake Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
Clearwater Lake, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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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 $849. Berkshire 54 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Clearwater Lake apartments for rent in Durham, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $849 |
| Berkshire 54 | Barrington - Renovated | 1BR,1BA | $910 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $938 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio,1BA | $958 |
| Poplar Place | A1 | 1BR,1BA | $1,045 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1,049 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,055 |
| Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,070 |
| Trinity at the Hill | 1B | 1BR,1BA | $1,100 |
| Glen Lennox North | 2 Bedroom 1 Bath A | 2BR,1BA | $1,103 |
Best Value Apartments for Rent in Clearwater Lake, NC
As of April 16, 2026 the best value apartment in the Clearwater Lake area is the $0.94 price per square foot C1 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,140. The second greatest value Clearwater Lake apartment is the Lenox - Renovated Model at Berkshire 54 starting at $1,376 with a $1.32 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Berkshire 54 | Lenox - Renovated | 2BR,1BA | $1.32 |
| Ashbrook Apartments | 2b/2b Georgetown B | 2BR,2BA | $1.49 |
| Poplar Place | B1 | 2BR,1BA | $1.46 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.35 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.46 |
| Collins Crossing | b20b | 2BR,2BA | $1.45 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.31 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.40 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1.51 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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
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 $1,103.
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 $849, while the average apartment in Clearwater Lake costs $4,500.
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 96 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 $1,871 which is $2,629 cheaper than the average rent for all rentals in Clearwater Lake.
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
Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC
Written by: Billy K
I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.