
Cheap Homes for Rent in the Downing Creek Neighborhood of Chapel Hill, NC from $1,300 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downing Creek area of Chapel Hill.


1001 Kingswood Dr, Unit I
Rent According to Income: A Look at Income-Restricted Rentals
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414 Summerwalk Cir

386 Summerwalk Cir
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Downing Creek, Chapel Hill, NC Local Guide

How much does it cost to rent a home in Downing Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downing Creek 2 Bedroom Homes for Rent | $1,665 | $1,300 | $2,000 |
| Downing Creek 3 Bedroom Homes for Rent | $2,120 | $1,739 | $3,350 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downing Creek Neighborhood of Chapel Hill, NC.
Explore Chapel Hill
Best Value Apartments for Rent in Downing Creek, NC
As of September 05, 2026 the best value apartment in the Downing Creek area is the $1.29 price per square foot C1 - The Madison Model at Southpoint Estate Apartments in the in the Downing Creek neighborhood starting from $1,597. The second greatest value Downing Creek apartment is the B4 Model at Morgan Reserve starting at $1,896 with a $1.60 price per square foot in the Downing Creek neighborhood. Here is today’s list of the best values for Downing Creek apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Southpoint Estate Apartments | C1 - The Madison | 3BR,2BA | $1.29 |
| Morgan Reserve | B4 | 2BR,2BA | $1.60 |
| LYV Woodcroft at Southpoint | B1R | 2BR,2BA | $1.28 |
| Environs Lofts at East 54 | Cameron | 1BR,1BA | $1.83 |
| The Morgan at Chapel Hill | A1 | 1BR,1BA | $1.97 |
| Glen Lennox Apartments | 1 Bedroom 1 Bath B | 1BR,1BA | $1.90 |
| Sunstone Apartments | The Opal | 1BR,1BA | $1.88 |
| Crosstown at Chapel Hill | 1A Renovation 2 | 1BR,1BA | $1.89 |
| Lodge at Southpoint | A1 | 1BR,1BA | $1.77 |
| LYV Durham at Southpoint | A1R | 1BR,1BA | $2.00 |
Frequently Asked Questions about Downing Creek
What type of rentals are currently available in Downing Creek?
There are currently 35 Apartments for Rent in Downing Creek, NC with pricing that ranges from $950 to $4,493. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downing Creek ranging from $1,300 to $3,350.
What is the current price range for Rental Homes in Downing Creek?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downing Creek ranges from $1,300 to $3,350 with an average monthly rent of $1,797.
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.

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.