303 Smith Level Rd, Unit C11
303 Smith Level Rd
Chapel HillNC27516
Cheap Homes for Rent in Govenors Village Neighborhood of Chapel Hill, NC from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Govenors Village area of Chapel Hill.
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.
303 Smith Level Rd, Unit D24
303 Smith Level Rd
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.
Room in Townhome on Governors Dr
50303 Governors Dr
Chapel HillNC27517
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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 | $1,781 | $1,495 | $2,400 |
| Govenors Village 3 Bedroom Homes for Rent | $2,658 | $1,800 | $3,400 |
| Govenors Village 4 Bedroom Homes for Rent | $2,250 | $1,700 | $2,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Govenors Village, Chapel Hill, NC Local Guide
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Best Value Apartments for Rent in Govenors Village, NC
As of February 26, 2026 the best value apartment in the Govenors Village area is the $1.18 price per square foot 739 Homeplace Dr Model at 739 Homeplace Dr, Unit Apartment #4 in the in the Governors Lake neighborhood starting from $1,950. The second greatest value Govenors Village apartment is the A2 Model at Morgan Reserve starting at $1,631 with a $1.80 price per square foot in the Downing Creek neighborhood. Here is today’s list of the best values for Govenors Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 739 Homeplace Dr, Unit Apartment #4 | 739 Homeplace Dr | 3BR,1.5BA | $1.18 |
| Morgan Reserve | A2 | 1BR,1BA | $1.80 |
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 Article
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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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 10 Apartments for Rent in Govenors Village, NC with pricing that ranges from $1,950 to $7,163. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Govenors Village ranging from $600 to $3,400.
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 $600 to $3,400 with an average monthly rent of $1,859.
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
Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC
Written by: Billy K
I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.
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.
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.
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.