Cheap Homes for Rent in Clearwater Lake Neighborhood of Chapel Hill, NC from $600 (8 Rentals)

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

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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property at 130 S Estes Dr

130 S Estes Dr

Chapel HillNC27514

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

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 Chateau Apartments priced from $999. Carolina Spring Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Clearwater Lake apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Chateau ApartmentsOne Bedroom One Bath Garden1BR,1BA$999
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
Poplar PlaceA11BR,1BA$1,003

Best Value Apartments for Rent in Clearwater Lake, NC

As of May 28, 2025 the best value apartment in the Clearwater Lake area is the $1.41 price per square foot A3 Model at The Villages of Chapel Hill in the in the Lafayette neighborhood starting from $1,317. 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.
The Villages of Chapel HillA31BR,1.5BA$1.41
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
Berkshire 54Barington1BR,1BA$1.33
Laurel Ridge ApartmentsLaurel1BR,1BA$1.40
Chateau Apartments1x1 Renovated1BR,1BA$1.45
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.66
Poplar PlaceA11BR,1BA$1.62
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1.70

Quick Rent Budget Calculator

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Frequently Asked Questions about Clearwater Lake

What type of rentals are currently available in Clearwater Lake?

There are currently 96 Apartments for Rent in Clearwater Lake, NC with pricing that ranges from $958 to $7,353. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clearwater Lake ranging from $600 to $6,950.

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 $6,950 with an average monthly rent of $3,048.

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 $1,240 to $7,353, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,550. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $1,225.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.