108 Pine St, Unit 6
108 Pine St
CarrboroNC27510
Cheap Homes for Rent in the Clearwater Lake Neighborhood of Chapel Hill, NC from $550 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Clearwater Lake area of Chapel Hill.
303 Smith Level Rd
Chapel HillNC27516
Room in Single Family Home on Hillsborough St
514 Hillsborough St
Chapel HillNC27514
303 Smith Level Rd, Unit 32
303 Smith Level Rd
Chapel HillNC27516
207 Friendly Ln
Chapel HillNC27514
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
7 Shepherd Ln
Chapel HillNC27514
701 Copperline Dr
Chapel HillNC27516
2 Holland Dr
Chapel HillNC27514
433 Northside Dr
Chapel HillNC27516
1001 Kingswood Dr, Unit I
1001 Kingswood Dr
Chapel HillNC27517
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.
Showing Results 1-10, Page 1 of 1
Clearwater Lake, Chapel Hill, NC Local Guide
How much does it cost to rent a home in Clearwater Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Clearwater Lake 2 Bedroom Homes for Rent | $1,819 | $1,250 | $2,800 |
| Clearwater Lake 3 Bedroom Homes for Rent | $2,523 | $1,695 | $5,000 |
| Clearwater Lake 4 Bedroom Homes for Rent | $3,149 | $1,800 | $4,600 |
| Clearwater Lake 6 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Clearwater Lake Neighborhood of Chapel Hill, NC.
Explore Chapel Hill
Clearwater Lake, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Best Value Homes for Rent in Clearwater Lake, NC
As of September 22, 2026 the best value rental home in the Clearwater Lake area is the $1.99 price per square foot 311 Columbia Pl E Model at 311 Columbia Pl E in the Triple Crown Estates neighborhood starting from $5,000. The second greatest value Clearwater Lake rental home is the Room in Single Family Home on Hillsborough St Model at Room in Single Family Home on Hillsborough St in the Triple Crown Estates neighborhood starting at $705 with a $0.39 price per square foot. Here is today’s list of the best values for Clearwater Lake homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 311 Columbia Pl E | 311 Columbia Pl E | 3BR, 3BA | $1.99 |
| Room in Single Family Home on Hillsborough St | Room in Single Family Home on Hillsborough St | 1BR, 1BA | $0.39 |
| 1042 Philpott Dr | 1042 Philpott Dr | 3BR, 2.5BA | $1.45 |
| 300 NC-54 | 300 NC-54 | 2BR, 2.5BA | $1.67 |
| 1005 Kingswood Dr | 1005 Kingswood Dr | 2BR, 2BA | $2.02 |
| 404 Pittsboro, Unit 1 | 404 Pittsboro | 2BR, 1BA | $2.82 |
| 1412 Old Lystra Rd, Unit 3 | 1412 Old Lystra Rd | 2BR, 1BA | $1.59 |
| 1001 Kingswood Dr, Unit I | 1001 Kingswood Dr | 1BR, 1BA | $1.58 |
| 303 Smith Level Rd | 303 Smith Level Rd | 1BR, 1BA | $5.00 |
| 108 Pine St, Unit 6 | 108 Pine St | 1BR, 1BA | $4.58 |
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 Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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
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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 LifestyleClearwater Lake, Chapel Hill, NC
Ranked #14
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Clearwater Lake, Chapel Hill, NC
Phoenix Academy High
Chapel Hill-Carrboro City School District
Public School - Grades 6-12 (24)
2 out of 10
Grey Culbreth Middle School
Chapel Hill-Carrboro City School District
Public School - Grades 6-8 (643)
6 out of 10
School data provided by Great Schools
Frequently Asked Questions about Clearwater Lake
What type of rentals are currently available in Clearwater Lake?
There are currently 107 Apartments for Rent in Clearwater Lake, NC with pricing that ranges from $800 to $5,961. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clearwater Lake ranging from $550 to $5,000.
What is the current price range for Rental Homes in Clearwater Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Clearwater Lake ranges from $550 to $5,000 with an average monthly rent of $1,891.
How much are larger Three and Four Bedroom Rentals in Clearwater Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Clearwater Lake range from $1,095 to $5,961, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,295.
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
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.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.