
Cheap 3 Bedroom Apartments for Rent in the Estes Neighborhood of Chapel Hill, NC from $1,140 (2 Rentals)

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.

Elliot Wood Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.
Estes, Chapel Hill, NC Local Guide

How much does it cost to rent an apartment in Estes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Estes Studio Apartments | $1,462 | $1,133 | $2,038 |
| Estes 1 Bedroom Apartments | $1,746 | $850 | $3,561 |
| Estes 2 Bedroom Apartments | $2,060 | $1,158 | $4,493 |
Estes 3 Bedroom Apartments | $3,222 | $1,140 | $8,384 |
| Estes 4 Bedroom Apartments | $1,594 | $1,140 | $2,700 |
Explore Chapel Hill
Frequently Asked Questions about Cheap Estes Apartments
What is a cheap apartment in Estes?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Estes is under $1,250.
What is the price of a cheap apartment in Estes?
The cheapest apartment in Estes is The Wilson Apartments which is listed at $1,595, while the average apartment in Estes costs $4,790.
What types of apartments are the cheapest in Estes?
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 286 regular apartments in Estes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Estes?
Cheap apartments in Estes have an average cost of $962 which is $3,828 cheaper than the average rent for all rentals in Estes.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.