Cheap Homes for Rent in Greater Chapel Hill Neighborhood of Chapel Hill, NC from $600 (26 Rentals)

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

property at 400 Davie Rd

400 Davie Rd

CarrboroNC27510

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 Dupont Circle priced from $765. Vivo Living Ivy Creek has the second lowest priced unit, which is a Studio apartment currently listed from $834. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Dupont CircleThe Brightleaf 6001BR,1BA$765
Vivo Living Ivy CreekStudioStudio,1BA$834
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$849
South Point1 Bedroom 1 Bathoom1BR,1BA$899
The ForestThe Willow IIStudio,1BA$915
Pine RidgeThe Brightleaf 5351BR,1BA$919
Duke Manor- Students save up to 10%!Hereford1BR,1BA$930
ShadowoodThe Oak1BR,1BA$941
University Ridge ApartmentsA11BR,1BA$948
Chateau Apartments - NewOne Bedroom One Bath Garden1BR,1BA$949

Best Value Apartments for Rent in Greater Chapel Hill, NC

As of August 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 406 W Clay St Model at 406 W Clay St, Unit B starting at $1,395 with a $1.12 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.
Spring Forest at DeerfieldCypress3BR,2BA$1.11
406 W Clay St, Unit B406 W Clay St2BR,2BA$1.12
501 Towns21.5TH2BR,1.5BA$1.07
Taylor's PondThe Eno 11622BR,2.5BA$1.21
Lenox EastThe Eno 11622BR,2.5BA$1.15
Holly HillTwo Bedroom 1.5 Bath2BR,1.5BA$1.22
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.20
Creekside Landing2 Bed/2 Bath 1,058 Square Feet2BR,2BA$1.24
South Point1 Bedroom 1 Bathoom1BR,1BA$1.28
Dupont CircleThe Brightleaf 6001BR,1BA$1.28

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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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Frequently Asked Questions about Greater Chapel Hill

What type of rentals are currently available in Greater Chapel Hill?

There are currently 347 Apartments for Rent in Greater Chapel Hill, NC with pricing that ranges from $834 to $12,010. There are also 202 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Chapel Hill ranging from $650 to $6,950.

What is the current price range for Rental Homes in Greater Chapel Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greater Chapel Hill ranges from $650 to $6,950 with an average monthly rent of $2,842.

How much are larger Three and Four Bedroom Rentals in Greater Chapel Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Greater Chapel Hill range from $1,245 to $8,699, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $4,250. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,425.

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 The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.