Cheap Condos for Rent in the Greater Chapel Hill Neighborhood of Chapel Hill, NC from $500 (20 Rentals)

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

property at 303 Smith Level Rd

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit A23

303 Smith Level Rd
Chapel HillNC27516

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.

property at 1002 Willow Dr

$1,200 - $1,600

1 To 2 Bedroom Rentals

Available Now

1002 Willow Dr

Chapel HillNC27514
property at 500 Umstead Dr

$1,250 - $1,495

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516

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.

property at 1412 Old Lystra Rd

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Condo for Rent

Available Now

1412 Old Lystra Rd, Unit 3

1412 Old Lystra Rd
Chapel HillNC27517
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

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.

property at 121 Westview Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Now

121 Westview Dr, Unit 50

121 Westview Dr
CarrboroNC27510

Greater Chapel Hill, Chapel Hill, NC Local Guide

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

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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 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 357 Apartments for Rent in Greater Chapel Hill, NC with pricing that ranges from $843 to $14,790. There are also 249 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Chapel Hill ranging from $550 to $2,900.

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 $2,900 with an average monthly rent of $1,313.

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 $1,343 to $9,122, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,785 to $2,900. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $1,310.

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.