108 Pine St, Unit 6
108 Pine St
CarrboroNC27510
Cheap Homes for Rent in the Greater Chapel Hill Neighborhood of Chapel Hill, NC from $550 (36 Rentals)
Search the lowest-cost Homes available for rent right now in the Greater Chapel Hill area of Chapel Hill.
Room in Single Family Home on College Ave
102 College Ave
DurhamNC27713
Room in Townhome on Philip's Square
118 Philip's Square
Chapel HillNC27516
Room in Townhome on Willow Bridge Dr
2 Willow Bridge Dr
DurhamNC27707
Room in Townhome on Golden Gate Ln
114 Golden Gate Ln
Chapel HillNC27516
303 Smith Level Rd
Chapel HillNC27516
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$6251 Bedroom Apartments Available Sep 23
Room in Apartment on Ashley Forest Rd
207 Ashley Forest RdChapel Hill, NC 27514
Room in Duplex on Stratified Ct
7112 Stratified Ct
MebaneNC27302
Room in Townhome on Pilatus Dr
13 Pilatus Dr
DurhamNC27705
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Room in Townhome on Sangre De Cristo Dr
24 Sangre De Cristo Dr
DurhamNC27705
Room in Single Family Home on Hillsborough St
514 Hillsborough St
Chapel HillNC27514
Room in Condo on Audubon Lake Dr
600 Audubon Lake Dr
DurhamNC27713
303 Smith Level Rd, Unit 32
303 Smith Level Rd
Chapel HillNC27516
3135 Calloway Dr
MebaneNC27302
104 Bay Colony Ct
Chapel HillNC27517
135 Kingsbury Dr
Chapel HillNC27514
207 Friendly Ln
Chapel HillNC27514
2672 Hitchcock Dr
DurhamNC27705
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.
7 Shepherd Ln
Chapel HillNC27514
701 Copperline Dr
Chapel HillNC27516
1521 Partridgeberry Rd
Chapel HillNC27516
2 Holland Dr
Chapel HillNC27514
124 Wild Primrose Ln, Unit 124
124 Wild Primrose Ln
Chapel HillNC27514
410 W Hl Ave S
HillsboroughNC27278
433 Northside Dr
Chapel HillNC27516
1001 Kingswood Dr, Unit I
1001 Kingswood Dr
Chapel HillNC27517
500 Umstead Dr
Chapel HillNC27516
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
207 Ashley Forest Rd, Unit 207
207 Ashley Forest Rd
Chapel HillNC27514
2610 Hitchcock Dr
DurhamNC27705
1705 Smith Level Rd
Chapel HillNC27516
1412 Old Lystra Rd, Unit 3
1412 Old Lystra Rd
Chapel HillNC27517
220 Elizabeth St
Chapel HillNC27514
500 N Wilba Rd
MebaneNC27302
511 Mattress Factory Rd
MebaneNC27302
6 Jadewood Ct
DurhamNC27705
137 Oak St, Unit 137 Oak St.
137 Oak St
CarrboroNC27510
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.
Showing Results 1-36, Page 1 of 1
Greater Chapel Hill, Chapel Hill, NC Local Guide
How much does it cost to rent a home in Greater Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater Chapel Hill 2 Bedroom Homes for Rent | $1,694 | $1,000 | $2,800 |
| Greater Chapel Hill 3 Bedroom Homes for Rent | $2,398 | $1,400 | $6,000 |
| Greater Chapel Hill 4 Bedroom Homes for Rent | $2,765 | $1,800 | $4,600 |
| Greater Chapel Hill 5 Bedroom Homes for Rent | $2,938 | $2,300 | $4,000 |
| Greater Chapel Hill 6 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the Greater Chapel Hill Neighborhood of Chapel Hill, NC.
Explore Chapel Hill
Greater Chapel Hill, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Cheapest Available Greater Chapel Hill Homes for Rent
The cheapest available rental home in the Greater Chapel Hill area of Chapel Hill, NC is a 1 Bed home found at Room in Single Family Home on College Ave priced from $550. Room in Townhome on Philip's Square has the second lowest priced home, which is a 1 Bed rental home currently listed from $555. Here are the most affordable Greater Chapel Hill homes for rent in Chapel Hill, NC:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Room in Single Family Home on College Ave | Room in Single Family Home on College Ave | 1BR, 1BA | $550 |
| Room in Townhome on Philip's Square | Room in Townhome on Philip's Square | 1BR, 1BA | $555 |
| Room in Townhome on Golden Gate Ln | Room in Townhome on Golden Gate Ln | 1BR, 1BA | $590 |
| Room in Duplex on Stratified Ct | Room in Duplex on Stratified Ct | 1BR, 1BA | $650 |
| Room in Townhome on Pilatus Dr | Room in Townhome on Pilatus Dr | 1BR, 1BA | $675 |
| Room in Single Family Home on Hillsborough St | Room in Single Family Home on Hillsborough St | 1BR, 1BA | $705 |
Best Value Homes for Rent in Greater Chapel Hill, NC
As of September 22, 2026 the best value rental home in the Greater Chapel Hill area is the $0.95 price per square foot 1201 Winding Spg Dr Model at 1201 Winding Spg Dr in the North Burlington neighborhood starting from $3,100. The second greatest value Greater Chapel Hill rental home is the 1103 Birkdale Dr Model at 1103 Birkdale Dr in the North Burlington neighborhood starting at $2,340 with a $0.84 price per square foot. Here is today’s list of the best values for Greater Chapel Hill homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1201 Winding Spg Dr | 1201 Winding Spg Dr | 5BR, 4BA | $0.95 |
| 1103 Birkdale Dr | 1103 Birkdale Dr | 5BR, 2.5BA | $0.84 |
| Room in Duplex on Stratified Ct | Room in Duplex on Stratified Ct | 1BR, 1BA | $0.29 |
| Room in Townhome on Golden Gate Ln | Room in Townhome on Golden Gate Ln | 1BR, 1BA | $0.31 |
| Room in Townhome on Philip's Square | Room in Townhome on Philip's Square | 1BR, 1BA | $0.30 |
| Room in Single Family Home on Hillsborough St | Room in Single Family Home on Hillsborough St | 1BR, 1BA | $0.39 |
| Room in Single Family Home on College Ave | Room in Single Family Home on College Ave | 1BR, 1BA | $0.31 |
| Room in Townhome on Willow Bridge Dr | Room in Townhome on Willow Bridge Dr | 1BR, 1BA | $0.40 |
| Room in Townhome on Pilatus Dr | Room in Townhome on Pilatus Dr | 1BR, 1BA | $0.54 |
| 104 Bay Colony Ct | 104 Bay Colony Ct | 2BR, 2BA | $0.83 |
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 Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Article
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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 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-Carrboro City School District
Public School - Grades K-5 (421)
10 out of 10
Chapel Hill High
Chapel Hill-Carrboro City School District
Public School - Grades 9-12 (1597)
9 out of 10
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 354 Apartments for Rent in Greater Chapel Hill, NC with pricing that ranges from $650 to $14,215. There are also 161 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Chapel Hill ranging from $550 to $6,000.
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 $550 to $6,000 with an average monthly rent of $2,039.
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 $1,095 to $9,323, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,295.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.