Cheap Homes for Rent in Clearwater Lake Neighborhood of Chapel Hill, NC from $700 (11 Rentals)

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

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.

property at 400 Davie Rd

400 Davie Rd

CarrboroNC27510

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.

property at 502 W Poplar Ave

502 W Poplar Ave

CarrboroNC27510

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 - New 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
Chateau Apartments - NewOne Bedroom One Bath Garden1BR,1BA$949
The Villages of Chapel HillS1Studio,1BA$958
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1,044
Estes Park - Students save up to 10%!Grove at Estes Park1BR,1BA$1,075

Best Value Apartments for Rent in Clearwater Lake, NC

As of July 25, 2025 the best value apartment in the Clearwater Lake area is the $1.67 price per square foot Two Bedroom Two Bath Model at The Reserve at Meadowmont Apartments and Townhomes in the in the Downing Creek neighborhood starting from $2,026. The second greatest value Clearwater Lake apartment is the Columbia Model at Laurel Ridge Apartments starting at $1,240 with a $1.35 price per square foot in the Lafayette 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 Reserve at Meadowmont Apartments and TownhomesTwo Bedroom Two Bath 2BR,2BA$1.67
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.58
Collins Crossingb10a2BR,1BA$1.46
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1.27
Berkshire 54Barrington - Renovated1BR,1BA$1.44
Chateau Apartments - New1x1 Renovated1BR,1BA$1.31
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.65
The Villages of Chapel HillS1Studio ,1BA$1.67

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 $949 to $4,842. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clearwater Lake ranging from $750 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 $750 to $6,950 with an average monthly rent of $3,231.

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 $1,290 to $4,842, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,400.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.