Cheap Homes for Rent in Estes Neighborhood of Chapel Hill, NC from $700 (11 Rentals)

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

property at 8 Shepherd Ln

$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

8 Shepherd Ln

Chapel HillNC27514

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.

property at 206 Andrews Ln

$1,350

Studio, 1 Bath Home for Rent

Available Aug 1

206 Andrews Ln

Chapel HillNC27516
property at 500 Umstead Dr

$1,350 - $1,425

2 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516

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.

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 $927. Glen Lennox Apartments has the second lowest priced unit, which is a 2 Beds 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$927
Glen Lennox Apartments2 Bedroom 1 Bath A2BR,1BA$1,070
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,070
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,085
Link Apartments® CalyxS1Studio,1BA$1,088

Best Value Apartments for Rent in Estes, NC

As of January 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 $1,900 with a $1.65 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$1.65
Collins Crossingc20a3BR,2BA$1.58
Booker Creek - Students save up to 10%!Serenity at Booker Creek2BR,1.5BA$1.49
The Wilson ApartmentsInviting 3 Bedroom Apartment in the Heart of Ca...3BR,1BA$1.72
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.47
River View2B2BR,2BA$1.44
Laurel Ridge ApartmentsLaurel1BR,1BA$1.40
Glen Lennox Apartments2 Bedroom 1 Bath A2BR,1BA$1.49
Chapel ViewThe Franklin1BR,1BA$1.60

Frequently Asked Questions about Estes

What type of rentals are currently available in Estes?

There are currently 102 Apartments for Rent in Estes, NC with pricing that ranges from $975 to $8,924. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Estes ranging from $725 to $5,425.

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 $725 to $5,425 with an average monthly rent of $2,600.

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 $8,924, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,350. Four Bedroom Single-Family rentals are also available starting from $2,600 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

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!