Cheap Apartments for Rent in the Estes Neighborhood of Chapel Hill, NC from $400 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Estes area of Chapel Hill.

property at 120 S Graham St

120 S Graham St

Chapel HillNC27516
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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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Timber Hollow
1 to 2 Bedroom Apartments

Timber Hollow

101 Timber Hollow CtChapel Hill, NC 27514
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516
property at 8 Shepherd Ln

8 Shepherd Ln

Chapel HillNC27514
Showing Results 1-27, Page 1 of 1

Estes, Chapel Hill, NC Local Guide

Cheapest Available Estes Apartments for Rent

 

The cheapest available apartment rental in the Estes area of Chapel Hill, NC is a Studio unit found at Link Apartments® Calyx priced from $977. Shadowood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable Estes apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Link Apartments® CalyxS1Studio,1BA$977
ShadowoodThe Oak1BR,1BA$1,015
Glen Lennox Apartments1 Bedroom 1 Bath A1BR,1BA$1,024
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,025
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,050
Ridgewood - Students save up to 10%!Melrose1BR,1BA$1,135
Chapel ViewThe Franklin1BR,1BA$1,150
Link Apartments® LindenA11BR,1BA$1,150
Collins Crossingb10a2BR,1BA$1,199
Laurel Ridge ApartmentsColumbia2BR,1BA$1,240

Best Value Apartments for Rent in Estes, NC

As of November 11, 2025 the best value apartment in the Estes 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 Estes apartment is the C1 Model at The Apartments at Midtown 501 starting at $2,019 with a $1.76 price per square foot in the Sayward Drive neighborhood. Here is today’s list of the best values for Estes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shortbread LoftsC13BR,3BA$0.94
The Apartments at Midtown 501C13BR,2BA$1.76
Laurel Ridge ApartmentsRosemary2BR,1.5BA$1.35
Booker Creek - Students save up to 10%!Serenity at Booker Creek2BR,1.5BA$1.49
Franklin Woods - Students: Save up to 10%!Marilyn2BR,1.5BA$1.73
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
River View2B2BR,2BA$1.44
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.56
Collins Crossingb20b2BR,2BA$1.44
Chapel ViewThe Franklin1BR,1BA$1.65

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Pet Friendly Lifestyle
Estes, Chapel Hill, NC

Ranked #8

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Estes, Chapel Hill, NC

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including Estes, Chapel Hill, and the greater Chapel Hill area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Estes Neighborhood in Chapel Hill, NC

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 100

Some Transit

A few 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 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 $1,240.

What is the price of a cheap apartment in Estes?

The cheapest apartment in Estes is Shadowood which is listed at $1,015, while the average apartment in Estes costs $3,655.

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 208 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 $1,216 which is $2,439 cheaper than the average rent for all rentals in Estes.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.