Cheap Homes for Rent in Estes Neighborhood of Chapel Hill, NC from $1,000 (12 Rentals)

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

property at 7 Shepherd Ln

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Condo for Rent

Available Now

7 Shepherd Ln, Unit 1

7 Shepherd Ln
Chapel HillNC27514

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property at 134 Johnson St

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

2 Bedroom, 1 Bath Home for Rent

Available Now

134 Johnson St

Chapel HillNC27516

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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.

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 $1,033. Sunstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,047. Here are the most affordable Estes apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$1,033
Sunstone ApartmentsThe Opal1BR,1BA$1,047
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,060
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,080
Ridgewood - Students save up to 10%!Melrose1BR,1BA$1,090

Best Value Apartments for Rent in Estes, NC

As of March 09, 2026 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 $1,654 with a $1.44 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$1.44
Laurel Ridge ApartmentsRosemary2BR,1.5BA$1.35
Booker Creek - Students save up to 10%!Serenity at Booker Creek2BR,1.5BA$1.39
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.45
Collins Crossingb20b2BR,2BA$1.45
Glen Lennox Apartments2 Bedroom 1 Bath A2BR,1BA$1.59
Sunstone ApartmentsThe Opal1BR,1BA$1.49
Chapel ViewThe Franklin1BR,1BA$1.65
River View1A1BR,1BA$1.66

Frequently Asked Questions about Estes

What type of rentals are currently available in Estes?

There are currently 106 Apartments for Rent in Estes, NC with pricing that ranges from $1,030 to $7,236. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Estes ranging from $1,095 to $4,500.

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 $1,095 to $4,500 with an average monthly rent of $2,147.

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 $1,110 to $6,980, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,095.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.