
Cheap Homes for Rent in the Estes Neighborhood of Chapel Hill, NC from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Estes area of Chapel Hill.


304 Umstead Dr

44 Davie Cir

Room in Condo on M.L.K. Jr Blvd

124 Fidelity St
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.

D2 Shepherd Ln

2 Shepherd Ln

7 Shepherd Ln

1002 Willow Dr

500 Umstead Dr
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

How much does it cost to rent a home in Estes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Estes 2 Bedroom Homes for Rent | $1,797 | $1,125 | $2,700 |
| Estes 3 Bedroom Homes for Rent | $2,353 | $1,695 | $3,897 |
| Estes 4 Bedroom Homes for Rent | $3,636 | $2,800 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Estes Neighborhood of Chapel Hill, NC.
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Estes, Chapel Hill, NC Local Guide
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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 $950. Estes Park - Students Save Up To 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,060. Here are the most affordable Estes apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Link Apartments® Calyx | S1-A | Studio,1BA | $950 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| Royal Park - Students save up to 10%! | Majestic | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Estes, NC
As of July 27, 2026 the best value apartment in the Estes area is the $1.39 price per square foot Kenan Model at Laurel Ridge Apartments in the in the Lafayette neighborhood starting from $1,755. The second greatest value Estes apartment is the B2 Model at Cosgrove Hill starting at $1,894 with a $1.50 price per square foot in the South Durham 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. |
|---|---|---|---|
| Laurel Ridge Apartments | Kenan | 3BR,2BA | $1.39 |
| Cosgrove Hill | B2 | 2BR,2BA | $1.50 |
| The Apartments at Midtown 501 | C1 | 3BR,2BA | $1.39 |
| Dobbins Hill Apartment Homes | 3 Bedroom 2 Bath | 3BR,2BA | $1.40 |
| Cedar Court | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.56 |
| The Wilson Apartments | Inviting 3 Bedroom Apartment in the Heart of Ca... | 3BR,1BA | $1.72 |
| Royal Park - Students save up to 10%! | Majestic | 2BR,1BA | $1.28 |
| Collins Crossing | b20b | 2BR,2BA | $1.47 |
| Shadowood | The Cypress Townhome | 1BR,1BA | $1.65 |
| Trinity Court Apartments | 1x1 | 1BR,1BA | $1.67 |
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.
Best Local Schools in Estes, Chapel Hill, NC
Estes Hills Elementary
Phoenix Academy High
Guy Phillips Middle School
School data provided by Great Schools
Frequently Asked Questions about Estes
What type of rentals are currently available in Estes?
There are currently 109 Apartments for Rent in Estes, NC with pricing that ranges from $850 to $6,772. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Estes ranging from $550 to $5,000.
What is the current price range for Rental Homes in Estes?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Estes ranges from $550 to $5,000 with an average monthly rent of $2,234.
How much are larger Three and Four Bedroom Rentals in Estes?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Estes range from $1,395 to $6,772, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,897. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $1,310.
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

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.

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.