Cheap Apartments for Rent in the Lafayette Neighborhood of Chapel Hill, NC from $700 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lafayette area of Chapel Hill.

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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516

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.

property at 112 W Poplar Ave

112 W Poplar Ave

CarrboroNC27510

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.

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.

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.

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Poplar Place
1 to 2 Bedroom Apartments

Poplar Place

605 Jones Ferry RdCarrboro, NC 27510

Lafayette, Chapel Hill, NC Local Guide

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 ListingModel NameBed/BathPriced From
Chateau Apartments - NewOne Bedroom One Bath Garden1BR,1BA$949
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1,034
ShadowoodThe Oak1BR,1BA$1,063
Trinity at the Hill1A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.58
Collins Crossingb20b2BR,2BA$1.53
Berkshire 54Barington1BR,1BA$1.33
Ashbrook Apartments1b/1b Edgemont1BR,1BA$1.71
Chateau Apartments - New1x1 Renovated1BR,1BA$1.31
Poplar PlaceA11BR,1BA$1.39
Trinity at the Hill1A1BR,1BA$1.40
The Villages of Chapel HillA11BR,1BA$1.57
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1.73

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Pet Friendly Lifestyle
Lafayette, Chapel Hill, NC

Ranked #15

Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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.

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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.

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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.

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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.

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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.