Cheap Homes for Rent in Estes Neighborhood of Chapel Hill, NC from $700 (14 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

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 500 Umstead Dr

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.

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 Studio unit found at Link Apartments® Calyx priced from $977. Shadowood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable Estes apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Link Apartments® CalyxS1Studio,1BA$977
ShadowoodThe Oak1BR,1BA$1,015
Glen Lennox Apartments1 Bedroom 1 Bath A1BR,1BA$1,024
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,025
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,050

Best Value Apartments for Rent in Estes, NC

As of November 12, 2025 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 $2,019 with a $1.76 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$1.76
Laurel Ridge ApartmentsRosemary2BR,1.5BA$1.35
Booker Creek - Students save up to 10%!Serenity at Booker Creek2BR,1.5BA$1.49
Franklin Woods - Students: Save up to 10%!Marilyn2BR,1.5BA$1.73
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
River View2B2BR,2BA$1.44
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.56
Collins Crossingb20b2BR,2BA$1.44
Chapel ViewThe Franklin1BR,1BA$1.65

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Estes, Chapel Hill, NC

Ranked #8

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Estes

What type of rentals are currently available in Estes?

There are currently 101 Apartments for Rent in Estes, NC with pricing that ranges from $975 to $7,236. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Estes ranging from $725 to $6,300.

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 $6,300 with an average monthly rent of $3,478.

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 $6,377, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,095.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.