
Cheap Apartments for Rent in the Estes Neighborhood of Chapel Hill, NC from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Estes area of Chapel Hill.


907 Oak Tree Dr

216 Ridge Trl

Total Monthly Price
Sunstone Apartments

Total Monthly Price
810 Greenwood Rd, Unit Mother-in-law apartment

250 S Estes Dr, Unit 80

Link Apartments® Calyx

Laurel Ridge Apartments
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.

Kingswood - Students save up to 10%!

Glen Lennox North

The Apartments at Midtown 501

Sagebrook of Chapel Hill

Trinity Court Apartments

212 Barclay Rd

1617 Old Oxford Rd

Bell 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.

Link Apartments® Linden

University Apartments Chapel Hill

207 Ashley Forest Rd, Unit 207

Elliot Wood Apartments

Trustee Corner

6 Shepherd Ln

108 Ephesus Church Rd

Timber Hollow
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Chapel View

D2 Shepherd Ln

2 Shepherd Ln

7 Shepherd Ln

1002 Willow Dr

500 Umstead Dr

612 Hillsborough

108 Pine St
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.

Estes Park - Students Save Up To 10%!

University Lake

1205 N Greensboro St

Royal Park - Students save up to 10%!

Ridgewood - Students save up to 10%!

Total Monthly Price
Collins Crossing

112 Bim St

Carolina - Students save up to 10%!
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

River View

434 S Greensboro St

109 W Poplar Ave

124 Fidelity St
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 | $1,108 | $2,038 |
| Estes 1 Bedroom Apartments | $1,767 | $850 | $3,561 |
| Estes 2 Bedroom Apartments | $2,095 | $1,048 | $4,493 |
| Estes 3 Bedroom Apartments | $3,165 | $1,140 | $9,346 |
| Estes 4 Bedroom Apartments | $1,555 | $1,140 | $2,330 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Estes Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
Estes, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Estes Apartments for Rent
 The cheapest available apartment rental in the Estes area of Chapel Hill, NC is a 1 Bed unit found at Shadowood priced from $753. Estes Park - Students Save Up To 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here are the most affordable Estes apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shadowood | The Oak | 1BR,1BA | $753 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,070 |
| Sunstone Apartments | The Opal | 1BR,1BA | $1,076 |
| Link Apartments® Calyx | S1 | Studio,1BA | $1,108 |
| Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1,160 |
| Glen Lennox North | 1 Bedroom 1 Bath A | 1BR,1BA | $1,170 |
| Royal Park - Students save up to 10%! | Majestic | 2BR,1BA | $1,200 |
| Collins Crossing | b20b | 2BR,2BA | $1,232 |
| Trinity Court Apartments | 1x1 | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Estes, NC
As of July 08, 2026 the best value apartment in the Estes area is the $1.49 price per square foot B4 Model at Cosgrove Hill in the in the South Durham neighborhood starting from $1,987. The second greatest value Estes apartment is the C1 Model at The Apartments at Midtown 501 starting at $1,556 with a $1.35 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cosgrove Hill | B4 | 2BR,2BA | $1.49 |
| The Apartments at Midtown 501 | C1 | 3BR,2BA | $1.35 |
| Dobbins Hill Apartment Homes | 3 Bedroom 2 Bath | 3BR,2BA | $1.53 |
| Franklin Woods - Students: Save up to 10%! | Marilyn | 2BR,1.5BA | $1.48 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.39 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.41 |
| Royal Park - Students save up to 10%! | Majestic | 2BR,1BA | $1.33 |
| Collins Crossing | b10a | 2BR,1BA | $1.53 |
| Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1.46 |
| Shadowood | The Oak | 1BR,1BA | $1.41 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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!
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 Shadowood which is listed at $753, while the average apartment in Estes costs $4,000.
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 270 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 $955 which is $3,045 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.