Cheap Homes for Rent in the Estes Neighborhood of Chapel Hill, NC from $500 (10 Rentals)

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

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
property at 304 Umstead Dr

$695 - $1,050

Total Monthly Price

Total Monthly Price

Base Rent
$695 - $1,050

Total Monthly Price
$695 - $1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

304 Umstead Dr

Chapel HillNC27516

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.

property at 1002 Willow Dr

$1,200 - $1,600

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

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 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 ListingModel NameBed/BathPriced From
Link Apartments® CalyxS1-AStudio,1BA$950
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,060
Royal Park - Students save up to 10%!Majestic2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Laurel Ridge ApartmentsKenan3BR,2BA$1.39
Cosgrove HillB22BR,2BA$1.50
The Apartments at Midtown 501C13BR,2BA$1.39
Dobbins Hill Apartment Homes3 Bedroom 2 Bath3BR,2BA$1.40
Cedar Court2 Beds, 1.5 Baths2BR,1.5BA$1.56
The Wilson ApartmentsInviting 3 Bedroom Apartment in the Heart of Ca...3BR,1BA$1.72
Royal Park - Students save up to 10%!Majestic2BR,1BA$1.28
Collins Crossingb20b2BR,2BA$1.47
ShadowoodThe Cypress Townhome1BR,1BA$1.65
Trinity Court Apartments1x11BR,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.

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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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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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

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

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.