371 Umstead Dr
Chapel HillNC27516
Cheap Homes for Rent in Downtown Chapel Hill Neighborhood of Chapel Hill, NC from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Chapel Hill area of Chapel Hill.
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.
725 S Merritt Mill Rd
Chapel HillNC27516
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.
400 W Rosemary St
Chapel HillNC27516
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Downtown Chapel Hill, Chapel Hill, NC Local Guide
How much does it cost to rent a home in Downtown Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Chapel Hill 2 Bedroom Homes for Rent | $1,546 | $1,395 | $1,699 |
| Downtown Chapel Hill 3 Bedroom Homes for Rent | $2,366 | $1,950 | $2,600 |
| Downtown Chapel Hill 4 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent 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.
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Downtown Chapel Hill, Chapel Hill, NC Local Guide
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Best Value Apartments for Rent in Downtown Chapel Hill, NC
As of September 08, 2025 the best value apartment in the Downtown Chapel Hill area is the $1.87 price per square foot B2 Model at Union Chapel Hill in the in the Triple Crown Estates neighborhood starting from $1,515. The second greatest value Downtown Chapel Hill apartment is the Grove at Estes Park Model at Estes Park starting at $1,105 with a $2.05 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 | $1.87 |
| Estes Park | Grove at Estes Park | 1BR,1BA | $2.05 |
| University Apartments Chapel Hill | 1 Bedroom One Bathroom - Renovated | 1BR,1BA | $3.04 |
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Pet Friendly LifestyleDowntown Chapel Hill, Chapel Hill, NC
Ranked #21
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown Chapel Hill
What type of rentals are currently available in Downtown Chapel Hill?
There are currently 44 Apartments for Rent in Downtown Chapel Hill, NC with pricing that ranges from $1,095 to $6,825. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Chapel Hill ranging from $850 to $4,500.
What is the current price range for Rental Homes in Downtown Chapel Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Chapel Hill ranges from $850 to $4,500 with an average monthly rent of $2,338.
How much are larger Three and Four Bedroom Rentals in Downtown Chapel Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Chapel Hill range from $1,390 to $5,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,600. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $1,225.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.