Cheap Homes for Rent in Greater Chapel Hill Neighborhood of Chapel Hill, NC from $600 (55 Rentals)

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

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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property at 8 Shepherd Ln

8 Shepherd Ln

Chapel HillNC27514

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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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.

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property at 500 Umstead Dr

500 Umstead Dr

Chapel HillNC27516

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.

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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.

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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 $812. Vivo Living Ivy Creek has the second lowest priced unit, which is a Studio apartment currently listed from $839. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Dupont CircleThe Brightleaf 5251BR,1BA$812
Vivo Living Ivy CreekSTDO - StudioStudio,1BA$839
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$849
Lenox EastThe Brightleaf 6501BR,1BA$873
Avalon EastThe Brightleaf 6501BR,1BA$881
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$895
South Point1 Bedroom 1 Bathoom1BR,1BA$899
ShadowoodThe Oak1BR,1BA$910
Fox ChaseThe Brightleaf 6501BR,1BA$921
Audubon LakeThe Brightleaf 6501BR,1BA$931

Best Value Apartments for Rent in Greater Chapel Hill, NC

As of December 13, 2025 the best value apartment in the Greater Chapel Hill area is the $1.13 price per square foot The Eno 1250 Model at Lochridge in the in the South Durham neighborhood starting from $1,395. The second greatest value Greater Chapel Hill apartment is the Two Bedroom 1.5 Bath Model at Holly Hill starting at $1,450 with a $1.18 price per square foot in the Downtown 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.
LochridgeThe Eno 12502BR,2.5BA$1.13
Holly HillTwo Bedroom 1.5 Bath2BR,1.5BA$1.18
Alexander Pointe Apartments2 Bedroom 2 Bath Luxury Apartment Home2BR,2BA$1.14
Shortbread LoftsC13BR,3BA$0.94
501 Towns-Lexington Street ApartmentsB1.52BR,1.5BA$1.26
119 SouthAlamance2BR,2BA$1.21
Spring Forest at DeerfieldBordeaux2BR,2BA$1.12
Taylor's PondThe Eno 11622BR,2.5BA$1.14
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.22
Trinity Properties - Campus Walk2 bedroom/1 bath2BR,1BA$1.24

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

School data provided by Great Schools

Frequently Asked Questions about Greater Chapel Hill

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

There are currently 339 Apartments for Rent in Greater Chapel Hill, NC with pricing that ranges from $839 to $13,475. There are also 248 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Chapel Hill ranging from $600 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 $600 to $6,950 with an average monthly rent of $2,841.

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 $1,110 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,467 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,095.

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 Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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! 

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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.