Cheap Apartments for Rent in the Greater Chapel Hill Neighborhood of Chapel Hill, NC from $400 (225 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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Shadowood
Rent Specials
$753 - $2,026
Total Monthly Price

Total Monthly Price

Base Rent
$753 - $2,026

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 907 Oak Tree Dr

$800 - $850

1 Bedroom Rentals

Available Now

907 Oak Tree Dr

Chapel HillNC27517
property at 216 Ridge Trl

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 14

216 Ridge Trl

Chapel HillNC27516
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Sunstone Apartments
Rent Specials
$1,076 - $1,810
Total Monthly Price

Total Monthly Price

Base Rent
$1,076 - $1,810

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
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  • Customer Reviewed
  • 3D Tour

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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Notting Hill
Rent Specials
$1,158 - $5,881
Total Monthly Price

Total Monthly Price

Base Rent
$1,158 - $5,881

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Jul 18

Notting Hill

100 Drew Hill LnChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

property at 114 Wild Primrose Ln

$1,265

Total Monthly Price

Total Monthly Price

Base Rent
$1,265

Total Monthly Price
$1,265

2 Bedroom, 1 Bath Home for Rent

Available Now

114 Wild Primrose Ln

Chapel HillNC27514
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Overture Chapel Hill
Rent Specials
$1,333 - $4,786
Total Monthly Price

Total Monthly Price

Base Rent
$1,333 - $4,786

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Overture Chapel Hill

5910 Farrington RdChapel Hill, NC 27517
Senior Living
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  • Customer Reviewed
  • 3D Tour

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.

property at 207 Ashley Forest Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1.5 Bath Condo for Rent

Available Aug 8

207 Ashley Forest Rd, Unit 207

207 Ashley Forest Rd
Chapel HillNC27514
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204 Purefoy Rd, Unit A
$1,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475
1 Bedroom Apartment Available Jul 15

204 Purefoy Rd, Unit A

204 Purefoy RdChapel Hill, NC 27514
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900 Willow
Rent Specials
$1,500 - $4,650
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $4,650

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

900 Willow

900 Willow DrChapel Hill, NC 27514
Student Housing
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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.

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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 1 Bed unit found at Shadowood priced from $753. Crossings @ 501 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$753
Crossings @ 501 ApartmentsCreekview Classic - Call for Availability1BR,1BA$900
Avalon EastThe Brightleaf 6501BR,1BA$926
Crystal VillageEmerald1BR,1BA$949
The Mews Apartments and TownhomesThe Dover1BR,1BA$949
Berkshire 54Cranwell R22BR,1BA$949
Chateau ApartmentsOne Bedroom1BR,1BA$949
Deerfield Crossing1X11BR,1BA$975
Duke Manor- Students save up to 10%!Hereford1BR,1BA$980
Anderson Apartments1 Bedroom1BR,1BA$990

Best Value Apartments for Rent in Greater Chapel Hill, NC

As of July 08, 2026 the best value apartment in the Greater Chapel Hill area is the $1.09 price per square foot C1 - The Madison Model at Southpoint Estate Apartments in the in the Downing Creek neighborhood starting from $1,342. The second greatest value Greater Chapel Hill apartment is the B1.5 Model at Vetra Forest Hills - Lexington Street starting at $1,549 with a $1.29 price per square foot in the Fayetteville Street Corridor 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.
Southpoint Estate ApartmentsC1 - The Madison3BR,2BA$1.09
Vetra Forest Hills - Lexington StreetB1.52BR,1.5BA$1.29
The SawyerB2R With Den2BR,2BA$1.26
Holly HillTwo Bedroom 1.5 Bath2BR,1.5BA$1.27
Spring Forest at DeerfieldBerkshire2BR,2BA$1.27
Chapel Tower - Students save up to 10%!Duke2BR,1.5BA$1.22
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1.28
Chateau ApartmentsOne Bedroom1BR,1BA$1.19
Anderson Apartments1 Bedroom1BR,1BA$1.28
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.27

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.

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Real 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.

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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.

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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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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 $990.

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

The cheapest apartment in Greater Chapel Hill is Shadowood which is listed at $753, while the average apartment in Greater Chapel Hill costs $4,000.

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 609 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 $751 which is $3,249 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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.