108 Pine St, Unit 6
108 Pine St
CarrboroNC27510
Cheap Homes for Rent in Chapel Hill, NC from $500 (30 Rentals)
Search the lowest-cost Homes available for rent right now in Chapel Hill.
Room in Townhome on Philip's Square
118 Philip's Sq
Chapel HillNC27516
303 Smith Level Rd, Unit 32
303 Smith Level Rd
Chapel HillNC27516
304 Cedarwood Ln
CarrboroNC27510
124 Fidelity St
CarrboroNC27510
1002 Willow Dr
Chapel HillNC27514
7 Shepherd Ln
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
104 Bay Colony Ct
Chapel HillNC27517
108 Ephesus Church Rd
Chapel HillNC27517
107 Howell Ln
Chapel HillNC27514
2 Holland Dr
Chapel HillNC27514
1521 Partridgeberry Rd
Chapel HillNC27516
500 Umstead Dr
Chapel HillNC27516
243 Cedar Terrace 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.
911 N Columbia St
Chapel HillNC27516
1001 Kingswood Dr, Unit I
1001 Kingswood Dr
Chapel HillNC27517
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$1,3952 Bedroom Apartments Available Now
1416 Old Lystra Rd, Unit 3
1416 Old Lystra RdChapel Hill, NC 27517
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$1,3952 Bedroom Apartments Available Now
1416 Old Lystra Rd, Unit 6
1416 Old Lystra RdChapel Hill, NC 27517
1412 Old Lystra Rd, Unit 3
1412 Old Lystra Rd
Chapel HillNC27517
433 Northside Dr
Chapel HillNC27516
122 Marlowe Ct
CarrboroNC27510
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.
137 Oak St, Unit 137 Oak St.
137 Oak St
CarrboroNC27510
1513 E Franklin St
Chapel HillNC27514
180 Summerwalk Cir
Chapel HillNC27517
700 N Greensboro St
CarrboroNC27510
129 Forsyth Dr
Chapel HillNC27517
1705 Smith Level Rd
Chapel HillNC27516
103 Schultz St
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.
222 Ransom St
Chapel HillNC27516
105 New Cooper Square
Chapel HillNC27517
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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 | $1,653 | $1,250 | $2,575 |
| Chapel Hill 3 Bedroom Homes for Rent | $2,468 | $1,695 | $5,200 |
| Chapel Hill 4 Bedroom Homes for Rent | $3,060 | $2,395 | $4,000 |
| Chapel Hill 5 Bedroom Homes for Rent | $3,897 | $3,795 | $4,000 |
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
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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: 08/20/2026Current apartment rentals in the Chapel Hill, NC area range in price from $700 to $9,780 with an overall median price of $1,751. The three Chapel Hill neighborhoods with the lowest median rent pricing are Downtown Chapel Hill at $1,395, Southern Village at $1,395, and UNC Chapel Hill at $1,465. 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 |
|---|---|---|---|
| Downtown Chapel Hill | $1,395 | $1,060 | 29 |
| Southern Village | $1,395 | $700 | 127 |
| UNC Chapel Hill | $1,465 | $700 | 126 |
| Greater Chapel Hill | $1,599 | $700 | 1569 |
| Northside | $1,761 | $958 | 546 |
| University Place | $1,790 | $1,001 | 557 |
| Cameron McCauley | $1,800 | $958 | 545 |
| Gimghoul Historic District | $1,805 | $958 | 528 |
| Meadowmont | $1,828 | $800 | 568 |
| Estes | $1,829 | $800 | 512 |
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 Apartments in the Downtown Durham neighborhood priced from $900. Berkshire 54 in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here is today’s list of the most affordable Chapel Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crossings @ 501 Apartments | Creekview Classic - Call for Availability | 1BR,1BA | $900 |
| Berkshire 54 | Barrington R2 | 1BR,1BA | $910 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $925 |
| The Ramsey | 1BR/1.0BA | 1BR,1BA | $950 |
| Shadowood | The Oak | 1BR,1BA | $1,001 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1,015 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1,041 |
| The Villages of Chapel Hill | The Westchester - Two Bedroom Townhome | 2BR,1BA | $1,050 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| Kingswood - Students save up to 10%! | Blue Devil | 2BR,1BA | $1,115 |
Best Value Apartments for Rent in Chapel Hill, NC
As of August 20, 2026 the best value apartment in the Chapel Hill area is the $1.35 price per square foot 7BR/3.0BA Model at 503 N. Greensboro in the in the Triple Crown Estates neighborhood starting from $2,700. The second greatest value Chapel Hill apartment is the 502 Whitaker Street Model at 502 Whitaker Street, Unit B starting at $1,700 with a $1.13 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. |
|---|---|---|---|
| 503 N. Greensboro | 7BR/3.0BA | 7BR,3BA | $1.35 |
| 502 Whitaker Street, Unit B | 502 Whitaker Street | 3BR,1BA | $1.13 |
| Laurel Ridge Apartments | Kenan | 3BR,2BA | $1.39 |
| Glenbrook East and West | The Eno GWII 1162 | 2BR,2.5BA | $1.24 |
| J501 Estates | Sydney | 2BR,1BA | $1.44 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.29 |
| Berkshire 54 | Barington | 1BR,1BA | $1.24 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.16 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.46 |
| Poplar Place | A1 | 1BR,1BA | $1.45 |
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.
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Chapel Hill, NCPopulation: 60,988
Ranked #618
in US Census Population by City
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 181 Apartments for Rent in Chapel Hill, NC with pricing that ranges from $700 to $9,338. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $550 to $5,200.
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 $5,200 with an average monthly rent of $2,194.
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 $1,395 to $9,338, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $5,200. Four Bedroom Single-Family rentals are also available starting from $2,395 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
Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham
Written by: Billy K
I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.
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.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.