
Cheap Homes for Rent in Chapel Hill, NC from $600 (26 Rentals)
Search the lowest-cost Homes available for rent right now in Chapel Hill.


303 Smith Level Rd, Unit 32

250 S Estes Dr

108 Pine St, Unit 8

Room in Townhome on Governors Dr

400 1/2 McCauley St
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.

135 Kingsbury Dr

106 Basnight Ln

564 Rock Hill Dr

394 Rock Hill Dr

8 Shepherd Ln

8 Shepherd Ln
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.

307 Homestead Rd

54 Davie Cir

420 Whitehead Cir

500 Umstead Dr

529 Hillsborough St
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

103 Friar Ln

417 Ranch Rd

121 Westview Dr

6 Crystal Oaks Ct

107 New Cooper Square

245 Plaza Dr
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.

475 Cedar Lake Rd

2 Crystal Oaks Ct
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 | $1,706 | $1,200 | $3,200 |
| Chapel Hill 3 Bedroom Homes for Rent | $2,464 | $1,500 | $4,500 |
| Chapel Hill 4 Bedroom Homes for Rent | $2,886 | $1,700 | $3,900 |
| Chapel Hill 5 Bedroom Homes for Rent | $3,727 | $3,200 | $4,450 |
| Chapel Hill 6 Bedroom Homes for Rent | $4,908 | $3,475 | $6,950 |
| Chapel Hill 7 Bedroom Homes for Rent | $5,425 | $5,425 | $5,425 |
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: 12/25/2025Current apartment rentals in the Chapel Hill, NC area range in price from $839 to $12,000 with an overall median price of $2,922. The three Chapel Hill neighborhoods with the lowest median rent pricing are Downtown Chapel Hill at $975, Southern Village at $895, and UNC Chapel Hill at $895. 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 | $1,728 | $975 | 22 |
| Southern Village | $1,728 | $895 | 181 |
| UNC Chapel Hill | $1,775 | $895 | 190 |
| Greater Chapel Hill | $1,868 | $839 | 1616 |
| University Place | $2,495 | $1,022 | 372 |
| Meadowmont | $3,040 | $999 | 470 |
| Gimghoul Historic District | $3,419 | $895 | 320 |
| Chapel Hill East | $3,536 | $975 | 351 |
| Northside | $3,600 | $895 | 369 |
| Cameron McCauley | $3,625 | $895 | 351 |
Cheapest Available Chapel Hill Apartments for Rent
 The cheapest available apartment rental in Chapel Hill, NC is a 1 Bed unit found at Carolina Spring Senior Apartments in the Triple Crown Estates neighborhood priced from $849. The Villages of Chapel Hill in the Lafayette neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Chapel Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $849 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio,1BA | $895 |
| Crossings @ 501 | 1x1 Creekview Classic- Call for Availability | 1BR,1BA | $900 |
| Glenbrook East and West | The Brightleaf GW 700 | 1BR,1BA | $927 |
| Shadowood | The Oak | 1BR,1BA | $937 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $939 |
| Berkshire 54 | Cranwell R2 | 2BR,1BA | $949 |
| Lenox at Patterson Place | Dover | Studio,1BA | $999 |
| Poplar Place | B2 | 2BR,2BA | $1,007 |
| Crosstown at Chapel Hill | 1A Renovation 2 | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Chapel Hill, NC
As of December 25, 2025 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 Sycamore Model at Rock Creek Apartments starting at $1,355 with a $1.40 price per square foot in the Lafayette 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 |
| Rock Creek Apartments | Sycamore | 2BR,2BA | $1.40 |
| J 501 Estates | Sydney | 2BR,1BA | $1.44 |
| Poplar Place | B1 | 2BR,1BA | $1.36 |
| Chapel View | The Carolina | 2BR,2BA | $1.40 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
| Berkshire 54 | Barrington R2 | 1BR,1BA | $1.48 |
| Laurel Ridge Apartments | Laurel | 1BR,1BA | $1.40 |
| Glen Lennox Apartments | 2 Bedroom 1 Bath A | 2BR,1BA | $1.46 |
| Crosstown at Chapel Hill | 1A Renovation 2 | 1BR,1BA | $1.48 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Chapel Hill, NCPopulation: 60,988
Ranked #618
in US Census Population by City
Pet Friendly LifestyleChapel Hill, NC
Ranked #9
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Chapel Hill, NC
Morris Grove Elementary
East Chapel Hill High
Guy Phillips Middle School
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 176 Apartments for Rent in Chapel Hill, NC with pricing that ranges from $864 to $12,000. There are also 109 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chapel Hill ranging from $650 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 $650 to $6,950 with an average monthly rent of $3,028.
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 $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,700 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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
