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from $1,2451 Bedroom Apartments Available Aug 6
University Apartments Chapel Hill
600 Martin Luther King Jr BlvdChapel Hill, NC 27514
Cheap Apartments for Rent in the Downtown Chapel Hill Neighborhood of Chapel Hill, NC from $700 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Chapel Hill 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.
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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.
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Rent Specials
from $1,0751 to 2 Bedroom Apartments Available Now
Estes Park - Students save up to 10%!
306 Estes DrCarrboro, NC 27510
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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 1 Bedroom Apartments | $1,312 | $1,075 | $1,495 |
| Downtown Chapel Hill 2 Bedroom Apartments | $1,529 | $1,195 | $2,495 |
| Downtown Chapel Hill 3 Bedroom Apartments | $1,607 | $1,300 | $2,400 |
| Downtown Chapel Hill 4 Bedroom Apartments | $1,427 | $1,400 | $1,450 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Chapel Hill Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
Downtown Chapel Hill, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Best Value Apartments for Rent in Downtown Chapel Hill, NC
As of June 27, 2025 the best value apartment in the Downtown Chapel Hill area is the $1.74 price per square foot B2 Model at Union Chapel Hill in the in the Triple Crown Estates neighborhood starting from $1,405. The second greatest value Downtown Chapel Hill apartment is the Grove at Estes Park Model at Estes Park - Students save up to 10%! starting at $1,100 with a $2.04 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. |
|---|---|---|---|
| Union Chapel Hill | B2 | 2BR,2BA | $1.74 |
| Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $2.04 |
Quick Rent Budget Calculator
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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 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 $1,100, while the average apartment in Downtown Chapel Hill costs $1,512.
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 18 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.
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.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.