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$768 - $2,0861 to 3 Bedroom Apartments Contact Us For Availability
Trinity Court Apartments
751 Trinity CtChapel Hill, NC 27516
Cheap Apartments for Rent in the Downtown Chapel Hill Neighborhood of Chapel Hill, NC from $700 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Chapel Hill area of Chapel Hill.
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Studio Apartments
Trustee Corner
115 N Merritt Mill RdChapel Hill, NC 27516
408 M.L.K. Jr Blvd
Chapel HillNC27514
106 Basnight Ln
Chapel HillNC27516
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.
500 Umstead Dr
Chapel HillNC27516
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2 Bedroom Apartments
612 Hillsborough
612 Hillsborough StChapel Hill, NC 27514
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Rent Specials
$1,060 - $1,5951 to 2 Bedroom Apartments Available Now
Estes Park - Students Save Up To 10%!
306 Estes DrCarrboro, NC 27510
309 Broad St
CarrboroNC27510
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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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 | $2,503 | $1,728 | $3,278 |
| Downtown Chapel Hill 1 Bedroom Apartments | $1,685 | $768 | $3,688 |
| Downtown Chapel Hill 2 Bedroom Apartments | $2,329 | $884 | $4,868 |
| Downtown Chapel Hill 3 Bedroom Apartments | $2,781 | $1,110 | $6,377 |
| Downtown Chapel Hill 4 Bedroom Apartments | $2,238 | $1,095 | $7,236 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Chapel Hill Neighborhood of Chapel Hill, NC.
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Cheapest Available Downtown Chapel Hill Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| University Apartments Chapel Hill | One Bedroom One Bathroom | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Downtown Chapel Hill, NC
As of March 20, 2026 the best value apartment in the Downtown Chapel Hill area is the $0.94 price per square foot C1 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,140. The second greatest value Downtown Chapel Hill apartment is the B2 Model at Union Chapel Hill starting at $1,565 with a $1.93 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. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Union Chapel Hill | B2 | 2BR,2BA | $1.93 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1.96 |
| University Apartments Chapel Hill | 1 Bedroom One Bathroom - Renovated | 1BR,1BA | $3.14 |
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 $1,060, while the average apartment in Downtown Chapel Hill costs $1,728.
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 36 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
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.