
Cheap Homes for Rent in Clearwater Lake Neighborhood of Chapel Hill, NC from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Clearwater Lake area of Chapel Hill.


725 S Merritt Mill Rd
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.

124 Fidelity St

400 Davie Rd

130 W Braxton Foushee St

400 W Rosemary St

121 Westview Dr
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.

105 Fidelity St, Unit A38

500 Umstead Dr

420 Whitehead Cir

475 Cedar Lake Rd
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 | $1,495 | $1,295 | $1,900 |
Clearwater Lake 3 Bedroom Homes for Rent | $2,291 | $1,875 | $2,695 |
Clearwater Lake 4 Bedroom Homes for Rent | $2,532 | $1,750 | $2,850 |
Clearwater Lake 6 Bedroom Homes for Rent | $6,950 | $6,950 | $6,950 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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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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. Chateau Apartments - New has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. 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 |
Chateau Apartments - New | One Bedroom One Bath Garden | 1BR,1BA | $949 |
West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $978 |
Berkshire 54 | Lenox | 2BR,1BA | $1,019 |
Estes Park | Grove at Estes Park | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Clearwater Lake, NC
As of September 15, 2025 the best value apartment in the Clearwater Lake area is the $1.35 price per square foot Sycamore Model at Rock Creek Apartments in the in the Lafayette neighborhood starting from $1,300. The second greatest value Clearwater Lake apartment is the Hatteras Model at Carolina - Students save up to 10%! starting at $1,390 with a $1.51 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. |
---|---|---|---|
Rock Creek Apartments | Sycamore | 2BR,2BA | $1.35 |
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.51 |
106 Fidelity/109 W Poplar | 2BR/1.0BA | 2BR,1BA | $1.56 |
Berkshire 54 | Cranwell | 2BR,1BA | $1.31 |
Glen Lennox Apartments | 3 Bedroom 1 Bath A | 3BR,1BA | $1.59 |
Collins Crossing | b20b | 2BR,2BA | $1.49 |
Laurel Ridge Apartments | Laurel | 1BR,1BA | $1.40 |
Chateau Apartments - New | 1x1 Renovated | 1BR,1BA | $1.31 |
Poplar Place | A1 | 1BR,1BA | $1.52 |
Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1.51 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleClearwater Lake, Chapel Hill, NC
Ranked #11
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
Grey Culbreth Middle School
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 98 Apartments for Rent in Clearwater Lake, NC with pricing that ranges from $949 to $6,825. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clearwater Lake ranging from $850 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 $850 to $6,950 with an average monthly rent of $2,652.
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 $1,350 to $5,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $2,695. Four Bedroom Single-Family rentals are also available starting from $1,750 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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.