Cheap Apartments for Rent in the Greater Chapel Hill Neighborhood of Chapel Hill, NC from $400 (157 Rentals)

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

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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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Timber Hollow
1 to 2 Bedroom Apartments

Timber Hollow

101 Timber Hollow CtChapel Hill, NC 27514
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included
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Morgan Reserve
1 to 2 Bedroom Apartments

Morgan Reserve

5205 Barbee Chapel RdChapel Hill, NC 27517
Showing Results 1-50, Page 1 of 4

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 2 Beds unit found at Carolina Spring Senior Apartments priced from $799. Dupont Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Carolina Spring Senior ApartmentsTwo Bedroom2BR,1BA$799
Dupont CircleThe Brightleaf 5251BR,1BA$835
Vivo Living Ivy CreekSTDO - StudioStudio,1BA$859
Lenox EastThe Brightleaf 6501BR,1BA$876
Willowdaile111BR,1BA$880
Mission University PinesA11BR,1BA$880
Pine RidgeThe Brightleaf 5351BR,1BA$887
Avalon EastThe Brightleaf 6501BR,1BA$899
South Point1 Bedroom 1 Bathoom1BR,1BA$899
The ForestThe Willow IIStudio,1BA$915

Best Value Apartments for Rent in Greater Chapel Hill, NC

As of November 05, 2025 the best value apartment in the Greater Chapel Hill area is the $0.83 price per square foot C4 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,125. The second greatest value Greater Chapel Hill apartment is the 406 W Clay St Model at 406 W Clay St, Unit Unit B starting at $1,295 with a $1.04 price per square foot in the Fieldstone Farms 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.
Shortbread LoftsC43BR,3BA$0.83
406 W Clay St, Unit Unit B406 W Clay St2BR,2BA$1.04
LochridgeThe Eno 12502BR,2.5BA$1.25
Alexander Pointe Apartments2 Bedroom 2 Bath Luxury Apartment Home2BR,2BA$1.14
501 Towns21.5TH2BR,1.5BA$1.07
Highgate TownhomesThe Eno 11622BR,2.5BA$1.22
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.21
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1.28
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.23
South Point1 Bedroom 1 Bathoom1BR,1BA$1.28

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Greater Chapel Hill, Chapel Hill, NC

Ranked #1

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $915.

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 $835, while the average apartment in Greater Chapel Hill costs $24,000.

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 539 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 $912 which is $23,088 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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.