
Cheap Apartments for Rent in the Lafayette Neighborhood of Chapel Hill, NC from $700 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lafayette area of Chapel Hill.


Shadowood

Laurel Ridge Apartments

103 Old Fayetteville Rd, Unit 1 bedroom apartment

Kingswood - Students save up to 10%!
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.

2 Holland Dr

529 Hillsborough St

112 W Poplar Ave

Chateau Apartments - New
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.

Carolina Spring Senior Apartments

West End Flats

Trinity at the Hill

Estes Park - Students save up to 10%!

The Villages of Chapel Hill

Rock Creek Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

River View

Royal Park - Students save up to 10%!

University Lake

Ridgewood - Students save up to 10%!

Collins Crossing

Bridges at Chapel Hill

Autumn Woods
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 1 Bedroom Apartments | $1,299 | $949 | $3,792 |
Lafayette 2 Bedroom Apartments | $1,639 | $1,119 | $4,348 |
Lafayette 3 Bedroom Apartments | $1,804 | $1,310 | $2,400 |
Lafayette 4 Bedroom Apartments | $1,561 | $1,400 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Lafayette Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
Lafayette, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Cheapest Available Lafayette Apartments for Rent
 The cheapest available apartment rental in the Lafayette area of Durham, NC is a 1 Bed unit found at Chateau Apartments - New priced from $949. Carolina Spring Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Lafayette apartments for rent in Durham, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Chateau Apartments - New | One Bedroom One Bath Garden | 1BR,1BA | $949 |
Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $999 |
West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1,034 |
Shadowood | The Oak | 1BR,1BA | $1,063 |
Trinity at the Hill | 1A | 1BR,1BA | $1,070 |
Best Value Apartments for Rent in Lafayette, NC
As of July 10, 2025 the best value apartment in the Lafayette area is the $1.49 price per square foot Hatteras Model at Carolina - Students save up to 10%! in the in the Triple Crown Estates neighborhood starting from $1,370. The second greatest value Lafayette apartment is the 2BR/1.0BA Model at 106 Fidelity/109 W Poplar starting at $1,425 with a $1.58 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Lafayette apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
106 Fidelity/109 W Poplar | 2BR/1.0BA | 2BR,1BA | $1.58 |
Collins Crossing | b20b | 2BR,2BA | $1.53 |
Berkshire 54 | Barington | 1BR,1BA | $1.33 |
Ashbrook Apartments | 1b/1b Edgemont | 1BR,1BA | $1.71 |
Chateau Apartments - New | 1x1 Renovated | 1BR,1BA | $1.31 |
Poplar Place | A1 | 1BR,1BA | $1.39 |
Trinity at the Hill | 1A | 1BR,1BA | $1.40 |
The Villages of Chapel Hill | A1 | 1BR,1BA | $1.57 |
West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.73 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleLafayette, Chapel Hill, NC
Ranked #15
Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lafayette, Chapel Hill, NC
Carrboro Elementary
Phoenix Academy High
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across North Carolina, including Chapel Hill. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Lafayette Apartments
What is the price of a cheap apartment in Lafayette?
The cheapest apartment in Lafayette is Chateau Apartments - New which is listed at $949, while the average apartment in Lafayette costs $1,867.
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 61 regular apartments in Lafayette that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.

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.

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.