Cheap Homes for Rent in Clearwater Lake Neighborhood of Chapel Hill, NC from $600 (14 Rentals)

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

property at 7 Shepherd Ln

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Condo for Rent

Available Now

7 Shepherd Ln, Unit 1

7 Shepherd Ln
Chapel HillNC27514
property at 1414 Old Lystra Rd

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Now

1414 Old Lystra Rd, Unit 3

1414 Old Lystra Rd
Chapel HillNC27517

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property at 134 Johnson St

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

2 Bedroom, 1 Bath Home for Rent

Available Now

134 Johnson St

Chapel HillNC27516
property at 1416 Old Lystra Rd

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Condo for Rent

Available Now

1416 Old Lystra Rd

Chapel HillNC27514

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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 2 Beds unit found at Berkshire 54 priced from $949. The Villages of Chapel Hill has the second lowest priced unit, which is a Studio apartment currently listed from $958. Here are the most affordable Clearwater Lake apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Berkshire 54Cranwell R22BR,1BA$949
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$958
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
Poplar PlaceA11BR,1BA$1,005
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1,007

Best Value Apartments for Rent in Clearwater Lake, NC

As of March 10, 2026 the best value apartment in the Clearwater Lake area is the $1.11 price per square foot 3T Model at Trinity at the Hill in the in the Lafayette neighborhood starting from $1,650. The second greatest value Clearwater Lake apartment is the C1 Model at Shortbread Lofts starting at $1,140 with a $0.94 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.
Trinity at the Hill3T3BR,2.5BA$1.11
Shortbread LoftsC13BR,3BA$0.94
Laurel Ridge ApartmentsRosemary2BR,1.5BA$1.35
Poplar PlaceB12BR,1BA$1.52
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.45
Collins Crossingb20b2BR,2BA$1.45
Berkshire 54Barington1BR,1BA$1.33
Chateau Apartments1x1 Renovated1BR,1BA$1.58
Glen Lennox Apartments2 Bedroom 1 Bath A2BR,1BA$1.59
101 Woodcrest Dr, Unit B101 Woodcrest Dr1BR,1BA$1.60

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 $7,236. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clearwater Lake ranging from $600 to $4,500.

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 $600 to $4,500 with an average monthly rent of $2,049.

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 $1,110 to $7,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,095.

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

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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.

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.