Room in Condo on Finley Forest Dr
230 Finley Forest Dr
Chapel HillNC27517
Cheap Homes for Rent in Downing Creek Neighborhood of Chapel Hill, NC from $600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downing Creek area of Chapel Hill.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
204 Celeste Cir
Chapel HillNC27517
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.
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Downing Creek, Chapel Hill, NC Local Guide
Copyright CoStar Group, Inc
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 | $1,662 | $1,550 | $1,800 |
| Downing Creek 3 Bedroom Homes for Rent | $1,616 | $800 | $2,050 |
| Downing Creek 4 Bedroom Homes for Rent | $3,506 | $2,995 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downing Creek Neighborhood of Chapel Hill, NC.
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Best Value Apartments for Rent in Downing Creek, NC
As of April 12, 2026 the best value apartment in the Downing Creek area is the $1.69 price per square foot One Bedroom with Sunroom Model at The Reserve at Meadowmont Apartments and Townhomes in the in the Downing Creek neighborhood starting from $1,607. The second greatest value Downing Creek apartment is the A2 Model at Morgan Reserve starting at $1,552 with a $1.71 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. |
|---|---|---|---|
| The Reserve at Meadowmont Apartments and Townhomes | One Bedroom with Sunroom | 1BR,1BA | $1.69 |
| Morgan Reserve | A2 | 1BR,1BA | $1.71 |
| Southpoint Estate Apartments | A1/A2 - The Riley | 1BR,1BA | $1.28 |
| The Sawyer | A1R | 1BR,1BA | $1.33 |
| Franklin Woods - Students: Save up to 10%! | Rosemary | 1BR,1BA | $1.81 |
| The Morgan at Chapel Hill | A1 | 1BR,1BA | $1.91 |
| Glen Lennox North | 2 Bedroom 1 Bath A | 2BR,1BA | $1.51 |
| Sunstone Apartments | The Opal | 1BR,1BA | $1.67 |
| Crosstown at Chapel Hill | 1A Renovation 2 | 1BR,1BA | $2.00 |
| Lodge at Southpoint | A1 | 1BR,1BA | $1.92 |
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 $999 to $7,649. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downing Creek ranging from $655 to $4,500.
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 $655 to $4,500 with an average monthly rent of $1,859.
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
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.