Cheap Apartments for Rent in the Estes Neighborhood of Chapel Hill, NC from $400 (44 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
Rent Specials
$753 - $2,026
Total Monthly Price

Total Monthly Price

Base Rent
$753 - $2,026

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
property at 907 Oak Tree Dr

$800 - $850

1 Bedroom Rentals

Available Now

907 Oak Tree Dr

Chapel HillNC27517
property at 216 Ridge Trl

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 14

216 Ridge Trl

Chapel HillNC27516
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Sunstone Apartments
Rent Specials
$1,076 - $1,810
Total Monthly Price

Total Monthly Price

Base Rent
$1,076 - $1,810

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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property at 207 Ashley Forest Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1.5 Bath Condo for Rent

Available Aug 8

207 Ashley Forest Rd, Unit 207

207 Ashley Forest Rd
Chapel HillNC27514
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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 1002 Willow Dr

$1,200 - $1,650

1 To 2 Bedroom Rentals

Available Now

1002 Willow Dr

Chapel HillNC27514
property at 500 Umstead Dr

$1,250 - $1,495

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included
property at 108 Pine St

$550 - $700

Total Monthly Price

Total Monthly Price

Base Rent
$550 - $700

Total Monthly Price
$550 - $700

1 Bedroom, 1 Bath Home for Rent

Available Soon

108 Pine St

CarrboroNC27510

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.

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Collins Crossing
Rent Specials
$1,232 - $1,802
Total Monthly Price

Total Monthly Price

Base Rent
$1,232 - $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

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.

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 $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 ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$753
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,070
Sunstone ApartmentsThe Opal1BR,1BA$1,076
Link Apartments® CalyxS1Studio,1BA$1,108
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1,160
Glen Lennox North1 Bedroom 1 Bath A1BR,1BA$1,170
Royal Park - Students save up to 10%!Majestic2BR,1BA$1,200
Collins Crossingb20b2BR,2BA$1,232
Trinity Court Apartments1x11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cosgrove HillB42BR,2BA$1.49
The Apartments at Midtown 501C13BR,2BA$1.35
Dobbins Hill Apartment Homes3 Bedroom 2 Bath3BR,2BA$1.53
Franklin Woods - Students: Save up to 10%!Marilyn2BR,1.5BA$1.48
Laurel Ridge ApartmentsColumbia2BR,1BA$1.39
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.41
Royal Park - Students save up to 10%!Majestic2BR,1BA$1.33
Collins Crossingb10a2BR,1BA$1.53
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.46
ShadowoodThe Oak1BR,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.

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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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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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