
Cheap Apartments for Rent in the Greater Chapel Hill Neighborhood of Chapel Hill, NC from $400 (165 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Chapel Hill area of Chapel Hill.


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Shadowood

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Crosstown at Chapel Hill

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Sunstone Apartments

1 Shepherd Ln

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PineGate - Students save up to 10%!

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The Apartments at Midtown 501

Glen Lennox Apartments

Laurel Ridge Apartments

Rise 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.

Link Apartments® Calyx

Sagebrook of Chapel Hill

Bell Chapel Hill

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Notting Hill

Trilogy Chapel Hill

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Kingswood - Students save up to 10%!

Link Apartments® Linden

Chapel Hill North

900 Willow

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Blu on Farrington
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.

Carraway Village

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Franklin Woods - Students: Save up to 10%!

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1701 North

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The Hartley at Blue Hill

University Apartments Chapel Hill

Aura Fifty4

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Booker Creek - Students save up to 10%!

Atlas Blue Hill

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The Morgan at Chapel Hill

Elliot Wood Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Trustee Corner

Timber Hollow

Short Term Furnished Luxury Studio

Chapel View

Camden Governors Village

Southern Village Apartments

612 Hillsborough

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Vivo Living Ivy Creek

Glenbrook East and West

Pine Ridge
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Willowdaile

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South Point

Crossings @ 501

The Mews Apartments and Townhomes

Berkshire 54

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Duke Manor- Students save up to 10%!

Vetra Forest Hills - Lexington Street

The Villages of Chapel Hill

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The Hargrove at Southpoint

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The Forest
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Greater Chapel Hill, Chapel Hill, NC Local Guide

How much does it cost to rent an apartment in Greater Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater Chapel Hill Studio Apartments | $975 | $958 | $993 |
| Greater Chapel Hill 1 Bedroom Apartments | $1,198 | $800 | $1,545 |
| Greater Chapel Hill 2 Bedroom Apartments | $1,373 | $969 | $1,985 |
| Greater Chapel Hill 3 Bedroom Apartments | $1,773 | $1,500 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 165 rentals with your search options within a 2 mile radius of the Greater Chapel Hill Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
Greater Chapel Hill, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Cheapest Available Greater Chapel Hill Apartments for Rent
 The cheapest available apartment rental in the Greater Chapel Hill area of Chapel Hill, NC is a Studio unit found at Vivo Living Ivy Creek priced from $799. Dupont Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living Ivy Creek | STDO - Studio | Studio,1BA | $799 |
| Dupont Circle | The Brightleaf 400 | 1BR,1BA | $839 |
| Shadowood | The Oak | 1BR,1BA | $868 |
| Willowdaile | 11 | 1BR,1BA | $879 |
| South Point | 1 Bedroom 1 Bathoom | 1BR,1BA | $899 |
| University Ridge Apartments | A1 | 1BR,1BA | $899 |
| Crossings @ 501 | 1x1 Creekview Classic- Call for Availability | 1BR,1BA | $900 |
| Fox Chase | The Brightleaf 650 | 1BR,1BA | $902 |
| Pine Ridge | The Brightleaf 610 | 1BR,1BA | $919 |
Best Value Apartments for Rent in Greater Chapel Hill, NC
As of February 21, 2026 the best value apartment in the Greater Chapel Hill 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 Greater Chapel Hill apartment is the The Eno 1250 Model at Lochridge starting at $1,343 with a $1.09 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Greater Chapel Hill 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 |
| Lochridge | The Eno 1250 | 2BR,2.5BA | $1.09 |
| Alexander Pointe Apartments | 2 Bedroom 2 Bath Luxury Apartment Home | 2BR,2BA | $1.14 |
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Taylor's Pond | The Eno 1162 | 2BR,2.5BA | $1.17 |
| Highgate Townhomes | The Eno 1162 | 2BR,2.5BA | $1.23 |
| Lenox East | The Eno 1162 | 2BR,2.5BA | $1.07 |
| Colonial Townhouses- Students save up to 10%! | Yorktown | 2BR,1.5BA | $1.24 |
| Vetra Forest Hills - Lexington Street | B1 | 2BR,1BA | $1.23 |
| The Mews Apartments and Townhomes | The Dover | 1BR,1BA | $1.23 |
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 ArticleThe 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
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 LifestyleGreater Chapel Hill, Chapel Hill, NC
Ranked #1
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Greater Chapel Hill, Chapel Hill, NC
Morris Grove Elementary
Chapel Hill High
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Chapel Hill. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Greater Chapel Hill Apartments
What is the price of a cheap apartment in Greater Chapel Hill?
The cheapest apartment in Greater Chapel Hill is Dupont Circle which is listed at $839, while the average apartment in Greater Chapel Hill costs $1,747.
What types of apartments are the cheapest in Greater Chapel Hill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 36 regular apartments in Greater Chapel Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Greater Chapel Hill?
Cheap apartments in Greater Chapel Hill have an average cost of $538 which is $1,209 cheaper than the average rent for all rentals in Greater Chapel Hill.
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

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.

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.