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


303 Smith Level Rd, Unit C11

303 Smith Level Rd, Unit E23

303 Smith Level Rd, Unit 32

Room in Townhome on Governors Dr
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.

210 Purefoy Rd

1412 Old Lystra Rd, Unit 3

1416 Old Lystra Rd, Unit 3

1416 Old Lystra Rd, Unit 6

180 Summerwalk Cir
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.
Govenors Village, Chapel Hill, NC Local Guide

How much does it cost to rent a home in Govenors Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Govenors Village 2 Bedroom Homes for Rent | $1,397 | $1,395 | $1,400 |
| Govenors Village 3 Bedroom Homes for Rent | $2,615 | $1,800 | $4,200 |
| Govenors Village 4 Bedroom Homes for Rent | $1,783 | $650 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 3 mile radius of the Govenors Village Neighborhood of Chapel Hill, NC.
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Govenors Village, Chapel Hill, NC Local Guide
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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.
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.
Pet Friendly LifestyleGovenors Village, Chapel Hill, NC
Ranked #24
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Govenors Village
What type of rentals are currently available in Govenors Village?
There are currently 11 Apartments for Rent in Govenors Village, NC with pricing that ranges from $1,395 to $3,375. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Govenors Village ranging from $550 to $4,200.
What is the current price range for Rental Homes in Govenors Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Govenors Village ranges from $550 to $4,200 with an average monthly rent of $1,540.
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

Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham
Written by: Billy K
I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.

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.