108 Pine St, Unit 6, Unit 6
108 Pine St
CarrboroNC27510
Cheap Homes for Rent in Chapel Hill, NC from $500 (31 Rentals)
Search the lowest-cost Homes available for rent right now in Chapel Hill.
303 Smith Level Rd, Unit B14, Unit B14
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit E23, Unit E23
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit D24, Unit D24
303 Smith Level Rd
Chapel HillNC27516
Room in Townhome on Philip's Square
118 Philip's Sq
Chapel HillNC27516
Room in Townhome on Governors Dr
50303 Governors Dr
Chapel HillNC27517
204 Celeste Cir
Chapel HillNC27517
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.
Room in Condo on Finley Forest Dr
230 Finley Forest Dr
Chapel HillNC27517
210 Purefoy Rd
Chapel HillNC27514
112 Purefoy Rd
Chapel HillNC27514
6 Shepherd Ln
Chapel HillNC27514
D2 Shepherd Ln
Chapel HillNC27514
500 Umstead Dr
Chapel HillNC27516
121 Westview Dr
CarrboroNC27510
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.
293 Cedar Terrace Rd
Chapel HillNC27516
475 Cedar Lake Rd
Chapel HillNC27516
1416 Old Lystra Rd, Unit 6, Unit 6
1416 Old Lystra Rd
Chapel HillNC27514
1416 Old Lystra Rd, Unit 3, Unit 3
1416 Old Lystra Rd
Chapel HillNC27514
1414 Old Lystra Rd, Unit 3, Unit 3
1414 Old Lystra Rd
Chapel HillNC27517
104 Friar Ln
CarrboroNC27510
107 New Cooper Square
Chapel HillNC27517
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.
701 Copperline Dr
Chapel HillNC27516
432 S Greensboro St
CarrboroNC27510
204 Cedarwood Ln
CarrboroNC27510
close
View Me
$1,4503 Bedroom Apartments Available Now
1734 Legion Rd, Unit A
1734 Legion RdChapel Hill, NC 27517
249 Schultz St
Chapel HillNC27514
180 Summerwalk Cir
Chapel HillNC27517
104 Cedarwood Ln
CarrboroNC27510
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.
433 Northside Dr
Chapel HillNC27516
117 Purefoy Rd
Chapel HillNC27514
114 Bim St
CarrboroNC27510
Showing Results 1-31, Page 1 of 1
Chapel Hill, NC Local Guide
How much does it cost to rent a home in Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chapel Hill 2 Bedroom Homes for Rent | $1,717 | $1,050 | $3,100 |
| Chapel Hill 3 Bedroom Homes for Rent | $2,439 | $1,845 | $3,400 |
| Chapel Hill 4 Bedroom Homes for Rent | $3,293 | $665 | $4,950 |
| Chapel Hill 5 Bedroom Homes for Rent | $4,793 | $3,800 | $6,080 |
| Chapel Hill 6 Bedroom Homes for Rent | $4,300 | $4,300 | $4,300 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Chapel Hill
Explore Chapel Hill
Chapel Hill, NC Local Guide
- Chapel Hill Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Chapel Hill, NC
Pricing Updated: 05/12/2026Current apartment rentals in the Chapel Hill, NC area range in price from $768 to $18,278 with an overall median price of $4,749. The three Chapel Hill neighborhoods with the lowest median rent pricing are Chapel Hill East at $768, Downtown Chapel Hill at $768, and Cameron McCauley at $768. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chapel Hill Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Chapel Hill East | $4,000 | $768 | 573 |
| Downtown Chapel Hill | $4,000 | $768 | 35 |
| Cameron McCauley | $4,500 | $768 | 540 |
| Gimghoul Historic District | $4,500 | $768 | 544 |
| Meadowmont | $4,500 | $955 | 587 |
| Northside | $4,500 | $768 | 551 |
| Southern Village | $4,500 | $768 | 127 |
| UNC Chapel Hill | $4,500 | $768 | 135 |
| University Place | $4,500 | $768 | 596 |
| Estes | $5,040 | $768 | 508 |
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 $900. Glenbrook East and West in the Downtown Durham neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here is today’s list of the most affordable Chapel Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crossings @ 501 | 1x1 Creekview Classic- Call for Availability | 1BR,1BA | $900 |
| Glenbrook East and West | The Brightleaf GWII 535 | 1BR,1BA | $940 |
| Shadowood | The Oak | 1BR,1BA | $946 |
| Berkshire 54 | Cranwell R2 | 2BR,1BA | $949 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio,1BA | $958 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $999 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1,049 |
| Trinity at the Hill | 1A | 1BR,1BA | $1,050 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,055 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1,070 |
Best Value Apartments for Rent in Chapel Hill, NC
As of May 12, 2026 the best value apartment in the Chapel Hill area is the $0.94 price per square foot C1 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,140. The second greatest value Chapel Hill apartment is the Lenox - Renovated Model at Berkshire 54 starting at $1,376 with a $1.32 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Chapel Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Berkshire 54 | Lenox - Renovated | 2BR,1BA | $1.32 |
| Ashbrook Apartments | 2b/2b Georgetown A | 2BR,2BA | $1.38 |
| Booker Creek - Students save up to 10%! | Serenity Townhome | 2BR,1.5BA | $1.26 |
| Rock Creek Apartments | Sycamore | 2BR,2BA | $1.40 |
| The Apartments at Midtown 501 | A1 | 1BR,1BA | $1.18 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.39 |
| J501 Estates | Athens | 1BR,1BA | $1.33 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.31 |
| Trinity at the Hill | 1A | 1BR,1BA | $1.39 |
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
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.
Read ArticleQuick 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.
Let everyone know!
Do you know the Chapel Hill area?
If you’re an expert on all things Chapel Hill, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Chapel Hill, NC
Morris Grove Elementary
Chapel Hill-Carrboro City School District
Public School - Grades K-5 (421)
10 out of 10
East Chapel Hill High
Chapel Hill-Carrboro City School District
Public School - Grades 9-12 (1447)
9 out of 10
Guy Phillips Middle School
Chapel Hill-Carrboro City School District
Public School - Grades 6-8 (609)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chapel Hill, NC Rentals by Map
See the most popular apartments and homes in Chapel Hill, NC
Frequently Asked Questions about Chapel Hill
What type of rentals are currently available in Chapel Hill?
There are currently 177 Apartments for Rent in Chapel Hill, NC with pricing that ranges from $768 to $8,896. There are also 120 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $550 to $6,080.
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 $550 to $6,080 with an average monthly rent of $2,916.
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 $1,110 to $8,896, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,845 to $3,400. Four Bedroom Single-Family rentals are also available starting from $665 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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.