
Cheap Apartments for Rent in the Downtown Chapel Hill Neighborhood of Chapel Hill, NC from $700 (14 Rentals)
Cheap Apartments in the Downtown Chapel Hill area of Chapel Hill.


407 N Columbia St

Link Apartments® Calyx

PineGate - Students save up to 10%!

University Apartments Chapel Hill

Kingswood - Students save up to 10%!

500 Umstead Dr, Unit F304
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

529 Hillsborough St

Estes Park - Students save up to 10%!

Royal Park - Students save up to 10%!

University Lake

Ridgewood - Students save up to 10%!

Carolina - Students save up to 10%!
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Downtown Chapel Hill, Chapel Hill, NC Local Guide

How much does it cost to rent an apartment in Downtown Chapel Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Chapel Hill Studio Apartments | $1,551 | $1,199 | $1,932 |
Downtown Chapel Hill 1 Bedroom Apartments | $1,878 | $1,125 | $5,801 |
Downtown Chapel Hill 2 Bedroom Apartments | $1,878 | $1,070 | $5,451 |
Downtown Chapel Hill 3 Bedroom Apartments | $1,682 | $1,035 | $10,000+ |
Downtown Chapel Hill 4 Bedroom Apartments | $1,414 | $1,215 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown Chapel Hill Neighborhood of Chapel Hill, NC.
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Downtown Chapel Hill, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Cheapest Available Downtown Chapel Hill Apartments for Rent
 The cheapest available apartment rental in the Downtown Chapel Hill area of Chapel Hill, NC is a 1 Bed unit found at Estes Park - Students save up to 10%! priced from $1,125. Royal Park - Students save up to 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,135. Here are the most affordable Downtown Chapel Hill apartments for rent in Chapel Hill, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $1,125 |
Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,135 |
Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $1,150 |
Link Apartments® Calyx | S1 | Studio,1BA | $1,189 |
PineGate - Students save up to 10%! | Cypress | 1BR,1BA | $1,240 |
Best Value Apartments for Rent in Downtown Chapel Hill, NC
As of May 03, 2025 the best value apartment in the Downtown Chapel Hill area is the $1.49 price per square foot Hatteras Model at Carolina - Students save up to 10%! in the in the Triple Crown Estates neighborhood starting from $1,370. The second greatest value Downtown Chapel Hill apartment is the B3 Model at Union Chapel Hill starting at $1,415 with a $1.73 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Downtown Chapel Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
Union Chapel Hill | B3 | 2BR,2BA | $1.73 |
Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1.66 |
PineGate - Students save up to 10%! | Cypress | 1BR,1BA | $1.91 |
319 Burlage Cir, Unit 319 Burlage Circle | 319 Burlage Cir | 1BR,1BA | $3.00 |
Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $2.13 |
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $2.08 |
Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $2.10 |
University Apartments Chapel Hill | 1 Bedroom One Bathroom - Renovated | 1BR,1BA | $2.85 |
Link Apartments® Calyx | S1 | Studio ,1BA | $2.91 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleDowntown Chapel Hill, Chapel Hill, NC
Ranked #18
Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Downtown Chapel Hill Neighborhood in Chapel Hill, NC
Walk Score®
76 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
59 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Chapel Hill Apartments
What is a cheap apartment in Downtown Chapel Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Chapel Hill is under $1,370.
What is the price of a cheap apartment in Downtown Chapel Hill?
The cheapest apartment in Downtown Chapel Hill is Estes Park - Students save up to 10%! which is listed at $1,125, while the average apartment in Downtown Chapel Hill costs $1,470.
What types of apartments are the cheapest in Downtown Chapel Hill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in Downtown Chapel Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.