Cheap Homes for Rent in Chapel Hill, NC from $600 (13 Rentals)

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property at 130 S Estes Dr

130 S Estes Dr

Chapel HillNC27514

Durham's Best Affordable Neighborhoods

Learn about Durham and the best places to live with original content written by Local Expert Billy K

property at 500 Umstead Dr

500 Umstead Dr

Chapel HillNC27516
property at 400 Davie Rd

400 Davie Rd

CarrboroNC27510

Chapel Hill, NC Local Guide

Cheapest Neighborhoods for Apartments in Chapel Hill, NC

Pricing Updated: 06/17/2025

Current apartment rentals in the Chapel Hill, NC area range in price from $600 to $16,130 with an overall median price of $2,013. The three Chapel Hill neighborhoods with the lowest median rent pricing are Southern Village at $958, Downtown Chapel Hill at $1,125, and Carolina North at $675. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chapel Hill Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Southern Village$1,490$95845
Downtown Chapel Hill$1,497$1,12562
Carolina North$1,535$67562
Governors Club$1,595$7701
University Place$1,834$1,050217
Northside$1,947$1,07050
Estes$2,026$1,095247
Meadowmont$2,042$1,050209
UNC Chapel Hill$2,042$958235
Chapel Hill East$2,282$1,000296

Cheapest Available Chapel Hill Apartments for Rent

 

The cheapest available apartment rental in Chapel Hill, NC is a 1 Bed unit found at Crossings @ 501 in the Downtown Durham neighborhood priced from $950. Carolina Spring Senior Apartments in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Chapel Hill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$950
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
Glenbrook East and WestThe Brightleaf GWII 5351BR,1BA$1,024
Chapel ViewThe Franklin1BR,1BA$1,047
Lenox at Patterson PlaceDoverStudio,1BA$1,050

Best Value Apartments for Rent in Chapel Hill, NC

As of June 17, 2025 the best value apartment in the Chapel Hill area is the $1.62 price per square foot C1 Model at Avana 55Twelve in the in the Downtown Durham neighborhood starting from $1,995. The second greatest value Chapel Hill apartment is the Essex Model at Notting Hill starting at $1,432 with a $1.28 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Chapel Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Avana 55TwelveC13BR,2BA$1.62
Notting HillEssex2BR,2BA$1.28
125 Wild Primrose Ln, Unit 125125 Wild Primrose Ln2BR,2.5BA$1.57
The Villages of Chapel HillA31BR,1.5BA$1.41
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
Collins Crossingb20b2BR,2BA$1.53
Berkshire 54Barrington - Renovated1BR,1BA$1.44
Trinity at the Hill1B1BR,1BA$1.45
Chapel ViewThe Franklin1BR,1BA$1.50

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Frequently Asked Questions about Chapel Hill

What type of rentals are currently available in Chapel Hill?

There are currently 164 Apartments for Rent in Chapel Hill, NC with pricing that ranges from $675 to $9,496. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $750 to $6,950.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chapel Hill ranges from $750 to $6,950 with an average monthly rent of $3,216.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chapel Hill range from $1,240 to $9,496, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,445 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.

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Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

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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.

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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.

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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.