Cheap Apartments for Rent in the Greater Chapel Hill Neighborhood of Chapel Hill, NC from $400 (134 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
close
View Me
Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 3

Greater Chapel Hill, Chapel Hill, NC Local Guide

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 $859. Crossings @ 501 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living Ivy CreekStudioStudio,1BA$859
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$950
Crystal VillageEmerald1BR,1BA$969
LaSalle Pointe ApartmentsThe Brightleaf 7001BR,1BA$999
South Point1 Bedroom 1 Bathoom1BR,1BA$999
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
Glenbrook East and WestThe Brightleaf GWII 5351BR,1BA$1,012
Mission University PinesA21BR,1BA$1,032
The Mews Apartments and TownhomesThe Dover1BR,1BA$1,039
Chapel ViewThe Franklin1BR,1BA$1,045

Best Value Apartments for Rent in Greater Chapel Hill, NC

As of June 25, 2025 the best value apartment in the Greater Chapel Hill area is the $1.11 price per square foot Cypress Model at Spring Forest at Deerfield in the in the Fieldstone Farms neighborhood starting from $1,599. The second greatest value Greater Chapel Hill apartment is the The Eno 1250 Model at Lochridge starting at $1,493 with a $1.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Spring Forest at DeerfieldCypress3BR,2BA$1.11
LochridgeThe Eno 12502BR,2.5BA$1.21
Keystone At Mebane OaksSpring2BR,2BA$1.29
Creekside Landing2 Bed/2 Bath 1,137 Square Feet2BR,2BA$1.16
Notting HillEssex2BR,2BA$1.28
The SawyerB1 Renovated2BR,2BA$1.26
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.32
Deerfield Crossing2x22BR,2BA$1.16
Patriots PointeEvergreen1BR,1BA$1.34
Poplar ManorOne Bedroom1BR,1BA$1.24

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Greater Chapel Hill, Chapel Hill, NC

Ranked #1

Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Greater Chapel Hill, Chapel Hill, NC

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!

Getting Around the Greater Chapel Hill Neighborhood in Chapel Hill, NC

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

10 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Greater Chapel Hill Apartments

What is a cheap apartment in Greater Chapel Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greater Chapel Hill is under $1,045.

What is the price of a cheap apartment in Greater Chapel Hill?

The cheapest apartment in Greater Chapel Hill is Crossings @ 501 which is listed at $950, while the average apartment in Greater Chapel Hill costs $2,635.

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 216 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 $412 which is $2,223 cheaper than the average rent for all rentals in Greater Chapel Hill.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.