Cheap Apartments for Rent in the Estes Neighborhood of Chapel Hill, NC from $425 (51 Rentals)

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

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Shadowood
$989 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$989 - $1,749
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Hartley at Blue Hill
Rent Specials
$1,339 - $4,094
Total Monthly Price

Total Monthly Price

Base Rent
$1,339 - $4,094
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Hartley at Blue Hill

625 S Elliott RdChapel Hill, NC 27517
Student Housing
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  • Customer Reviewed
  • Smoke Free
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Sunstone Apartments
Rent Specials
$1,392 - $2,064
Total Monthly Price

Total Monthly Price

Base Rent
$1,392 - $2,064
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
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  • Customer Reviewed
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900 Willow
Rent Specials
$1,448 - $4,172
Total Monthly Price

Total Monthly Price

Base Rent
$1,448 - $4,172
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

900 Willow

900 Willow DrChapel Hill, NC 27514
Student Housing
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  • 3D Tour
  • Smoke Free

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.

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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
property at 1002 Willow Dr

$1,100 - $1,595

1 To 2 Bedroom Rentals

Available Now

1002 Willow Dr

Chapel HillNC27514
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included
property at 500 Umstead Dr

$1,250 - $1,425

2 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 108 Pine St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Now

108 Pine St, Unit 6

108 Pine St
CarrboroNC27510
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Collins Crossing
Rent Specials
$1,182 - $1,802
Total Monthly Price

Total Monthly Price

Base Rent
$1,182 - $1,802
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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property at 122 Marlowe Ct

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

122 Marlowe Ct

CarrboroNC27510
property at 137 Oak St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

Studio, 1 Bath Home for Rent

Available Sep 16

137 Oak St, Unit 137 Oak St.

137 Oak St
CarrboroNC27510
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400 Davie Rd, Unit 31
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
2 Bedroom Apartment Available Nov 1

400 Davie Rd, Unit 31

400 Davie RdCarrboro, NC 27510
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River View
1 to 2 Bedroom Apartments

River View

201 Westbrook DrCarrboro, NC 27510

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.

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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 1 Bed unit found at Shadowood priced from $989. Sunstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,019. Here are the most affordable Estes apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$989
Sunstone ApartmentsThe Opal1BR,1BA$1,019
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,075
Kingswood - Students save up to 10%!Blue Devil2BR,1BA$1,115
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,125
Glen Lennox Apartments1 Bedroom 1 Bath A1BR,1BA$1,128
Ridgewood - Students save up to 10%!Melrose1BR,1BA$1,160
Collins Crossingb10a2BR,1BA$1,182
Chapel ViewThe Franklin1BR,1BA$1,197
Link Apartments® LindenA21BR,1BA$1,250

Best Value Apartments for Rent in Estes, NC

As of August 23, 2026 the best value apartment in the Estes area is the $1.35 price per square foot 7BR/3.0BA Model at 503 N. Greensboro in the in the Triple Crown Estates neighborhood starting from $2,700. The second greatest value Estes apartment is the 502 Whitaker Street Model at 502 Whitaker Street, Unit B starting at $1,700 with a $1.13 price per square foot in the Triple Crown Estates 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.
503 N. Greensboro7BR/3.0BA7BR,3BA$1.35
502 Whitaker Street, Unit B502 Whitaker Street3BR,1BA$1.13
Laurel Ridge ApartmentsKenan3BR,2BA$1.39
Trinity Court Apartments3x23BR,2BA$1.55
Collins Crossingc20a3BR,2BA$1.57
Cedar Court2 Beds, 1.5 Baths2BR,1.5BA$1.51
Cosgrove HillA11BR,1BA$1.73
Chapel ViewThe Franklin1BR,1BA$1.72
Kingswood - Students save up to 10%!Blue Devil2BR,1BA$1.67
ShadowoodThe Oak1BR,1BA$1.86

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.

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Real 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.

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Quick 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.

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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 $989, while the average apartment in Estes costs $1,818.

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 253 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 $832 which is $986 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.