
Cheap 3 Bedroom Apartments for Rent in the Lafayette Neighborhood of Chapel Hill, NC from $1,110 (2 Rentals)

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.

Trinity at the Hill
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.
Lafayette, Chapel Hill, NC Local Guide

How much does it cost to rent an apartment in Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette Studio Apartments | $2,348 | $958 | $3,278 |
| Lafayette 1 Bedroom Apartments | $1,636 | $768 | $3,688 |
| Lafayette 2 Bedroom Apartments | $1,945 | $884 | $4,868 |
Lafayette 3 Bedroom Apartments | $3,043 | $1,110 | $9,188 |
| Lafayette 4 Bedroom Apartments | $2,227 | $1,095 | $7,236 |
Explore Chapel Hill
Frequently Asked Questions about Cheap Lafayette Apartments
What is the price of a cheap apartment in Lafayette?
The cheapest apartment in Lafayette is The Wilson Apartments which is listed at $1,595, while the average apartment in Lafayette costs $4,500.
What types of apartments are the cheapest in Lafayette?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 98 regular apartments in Lafayette that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lafayette?
Cheap apartments in Lafayette have an average cost of $1,950 which is $2,550 cheaper than the average rent for all rentals in Lafayette.
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.