
Cheap Homes for Rent in Greater Chapel Hill Neighborhood of Chapel Hill, NC from $400 (23 Rentals)
Search the lowest-cost Homes available for rent right now in the Greater Chapel Hill area of Chapel Hill.


Room in Duplex on Stratified Ct

Room in House on Bedrock Rd

Room in Townhome on Philip's Square

Room in House on College Ave

303 Smith Level Rd, Unit 32
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.

929 Morreene Rd

Room in Townhome on Governors Dr

929 Morreene Rd

929 Morreene Rd

2514 W Wilson St, Unit Room 2
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.

2202 S Efland-Cedar Grove Rd

717 Barlow St

875 M.L.K. Jr Blvd

209 Cates Farm Rd

135 Kingsbury Dr

130 S Estes Dr

2207 Charlotte St
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.

30 Holland Dr

421 Faucette Mill Rd., Unit A

500 Umstead Dr

38 Justin Ct

529 Hillsborough St
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 | $1,767 | $900 | $4,000 |
Greater Chapel Hill 3 Bedroom Homes for Rent | $2,245 | $1,550 | $3,400 |
Greater Chapel Hill 4 Bedroom Homes for Rent | $3,107 | $1,750 | $6,195 |
Greater Chapel Hill 5 Bedroom Homes for Rent | $3,007 | $2,500 | $3,500 |
Greater Chapel Hill 6 Bedroom Homes for Rent | $6,950 | $6,950 | $6,950 |
Browse Homes for Rent in this Neighborhood
There are currently 23 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 Apartments for Rent
 The cheapest available apartment rental in the Greater Chapel Hill area of Chapel Hill, NC is a Studio unit found at Vivo Living Ivy Creek priced from $859. Crossings @ 501 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vivo Living Ivy Creek | Studio | Studio,1BA | $859 |
Crossings @ 501 | 1x1 Creekview Classic- Call for Availability | 1BR,1BA | $950 |
Crystal Village | Emerald | 1BR,1BA | $969 |
LaSalle Pointe Apartments | The Brightleaf 700 | 1BR,1BA | $999 |
South Point | 1 Bedroom 1 Bathoom | 1BR,1BA | $999 |
Best Value Apartments for Rent in Greater Chapel Hill, NC
As of June 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 The Eno 1250 Model at Lochridge starting at $1,493 with a $1.21 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Greater Chapel Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Spring Forest at Deerfield | Cypress | 3BR,2BA | $1.11 |
Lochridge | The Eno 1250 | 2BR,2.5BA | $1.21 |
Keystone At Mebane Oaks | Spring | 2BR,2BA | $1.29 |
Creekside Landing | 2 Bed/2 Bath 1,137 Square Feet | 2BR,2BA | $1.16 |
Notting Hill | Essex | 2BR,2BA | $1.28 |
The Sawyer | B1 Renovated | 2BR,2BA | $1.26 |
Colonial Townhouses- Students save up to 10%! | Yorktown | 2BR,1.5BA | $1.32 |
Deerfield Crossing | 2x2 | 2BR,2BA | $1.16 |
Patriots Pointe | Evergreen | 1BR,1BA | $1.34 |
Poplar Manor | One Bedroom | 1BR,1BA | $1.24 |
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.
Frequently Asked Questions about Greater Chapel Hill
What type of rentals are currently available in Greater Chapel Hill?
There are currently 340 Apartments for Rent in Greater Chapel Hill, NC with pricing that ranges from $600 to $17,490. There are also 182 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Chapel Hill ranging from $450 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 $450 to $6,950 with an average monthly rent of $2,771.
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 $995 to $9,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,225.
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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.