
Cheap Apartments for Rent in the Greater Chapel Hill Neighborhood of Chapel Hill, NC from $400 (178 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater Chapel Hill area of Chapel Hill.


303 Smith Level Rd, Unit B14, Unit B14

303 Smith Level Rd, Unit E23, Unit E23

303 Smith Level Rd

Room in Townhome on Philip's Square

Room in Townhome on Governors Dr

204 Celeste Cir

Room in Condo on Finley Forest Dr

Trinity Court Apartments

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Shadowood
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Crosstown at Chapel Hill

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Sunstone Apartments

Glen Lennox North

Sagebrook of Chapel Hill

Laurel Ridge Apartments

Rise Chapel Hill

Link Apartments® Calyx

PineGate - Students save up to 10%!

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The Morgan at Chapel Hill

Kingswood - Students save up to 10%!
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.

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1515 Partridgeberry Rd, Unit B, Unit B

Blu on Farrington

The Apartments at Midtown 501

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Notting Hill

Link Apartments® Linden

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The Hartley at Blue Hill

1416 Old Lystra Rd, Unit 3

Elliot Wood Apartments

Trustee Corner

210 Purefoy Rd
Cash 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.

112 Purefoy Rd

6 Shepherd Ln

Timber Hollow

Short Term Furnished Luxury Studio

D2 Shepherd Ln

Chapel View

500 Umstead Dr

293 Cedar Terrace Rd

Camden Governors Village

1002 Willow Dr
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.

104 Rose Ln

1412 Old Lystra Rd, Unit 3, Unit 3

475 Cedar Lake Rd

Southern Village Apartments

612 Hillsborough

107 New Cooper Square

Room in Duplex on Stratified Ct

108 Pine St, Unit 6, Unit 6

Room in House on Bedrock Rd

Vivo Living Ivy Creek
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.
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 | $1,537 | $799 | $3,278 |
| Greater Chapel Hill 1 Bedroom Apartments | $1,618 | $817 | $6,132 |
| Greater Chapel Hill 2 Bedroom Apartments | $1,926 | $884 | $7,600 |
| Greater Chapel Hill 3 Bedroom Apartments | $2,618 | $1,129 | $9,547 |
| Greater Chapel Hill 4 Bedroom Apartments | $2,962 | $1,140 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 178 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
- Nearby Cities
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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 1 Bed unit found at Carolina Spring Senior Apartments priced from $849. Trinity Court Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $884. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $849 |
| Trinity Court Apartments | 2x1 | 2BR,1BA | $884 |
| Crossings @ 501 | 1x1 Creekview Classic- Call for Availability | 1BR,1BA | $900 |
| Willowdaile | 11S | 1BR,1BA | $910 |
| Avalon East | The Brightleaf 650 | 1BR,1BA | $912 |
| ReNew West Durham | Augusta | 1BR,1BA | $914 |
| The Mews Apartments and Townhomes | The Dover | 1BR,1BA | $915 |
| Mission University Pines | A2 | 1BR,1BA | $934 |
| Duke Manor- Students save up to 10%! | Arthur | 1BR,1BA | $940 |
| Crystal Village | Emerald | 1BR,1BA | $949 |
Best Value Apartments for Rent in Greater Chapel Hill, NC
As of May 24, 2026 the best value apartment in the Greater Chapel Hill area is the $1.06 price per square foot B2 Model at Vetra Forest Hills - Lexington Street in the in the Fayetteville Street Corridor neighborhood starting from $1,595. The second greatest value Greater Chapel Hill apartment is the 2T Model at Trinity at the Hill starting at $1,300 with a $1.01 price per square foot in the Lafayette 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. |
|---|---|---|---|
| Vetra Forest Hills - Lexington Street | B2 | 2BR,2BA | $1.06 |
| Trinity at the Hill | 2T | 2BR,2.5BA | $1.01 |
| Lochridge | The Eno 1250 | 2BR,2.5BA | $1.18 |
| Southpoint Estate Apartments | C1 - The Madison | 3BR,2BA | $1.27 |
| Spring Forest at Deerfield | Bordeaux | 2BR,2BA | $1.16 |
| The Sawyer | B1R | 2BR,2BA | $1.28 |
| Berkshire 54 | Cranwell R | 2BR,1BA | $1.22 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.19 |
| The Mews Apartments and Townhomes | The Dover | 1BR,1BA | $1.22 |
| Mission University Pines | A2 | 1BR,1BA | $1.26 |
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 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 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 $949.
What is the price of a cheap apartment in Greater Chapel Hill?
The cheapest apartment in Greater Chapel Hill is Carolina Spring Senior Apartments which is listed at $849, while the average apartment in Greater Chapel Hill costs $5,040.
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 799 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 $1,615 which is $3,425 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.