
Cheap Apartments for Rent in the Lafayette Neighborhood of Chapel Hill, NC from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lafayette area of Chapel Hill.


Trinity Court Apartments

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101 Woodcrest Dr, Unit B

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Shadowood

Laurel Ridge Apartments

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Kingswood - Students save up to 10%!

Aura Booth Park

University Apartments Chapel Hill

Trustee Corner
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.

210 Purefoy Rd

408 M.L.K. Jr Blvd

500 Umstead Dr

1006 S Columbia St

Southern Village Apartments

612 Hillsborough

Carolina Spring Senior Apartments

Berkshire 54

West End Flats
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.

The Villages of Chapel Hill

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Royal Park - Students save up to 10%!

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Estes Park - Students Save Up To 10%!

Ashbrook Apartments

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University Lake

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Ridgewood - Students save up to 10%!

Trinity at the Hill

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Chateau Apartments

Rock Creek Apartments
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.

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River View

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Collins Crossing

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Bridges at Chapel Hill

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Autumn Woods

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Carolina - Students save up to 10%!

109 W Poplar Ave

Poplar Place

121 Westview Dr

309 Broad St
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.
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 | $1,587 | $768 | $3,688 |
| Lafayette 2 Bedroom Apartments | $1,968 | $884 | $4,868 |
| Lafayette 3 Bedroom Apartments | $2,997 | $1,110 | $6,377 |
| Lafayette 4 Bedroom Apartments | $2,245 | $1,095 | $7,236 |
Browse Apartments in this Neighborhood
There are currently 36 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 Carolina Spring Senior Apartments priced from $849. Berkshire 54 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Lafayette apartments for rent in Durham, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $849 |
| Berkshire 54 | Barrington - Renovated | 1BR,1BA | $910 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $934 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio,1BA | $958 |
| Poplar Place | A1 | 1BR,1BA | $985 |
| Shadowood | The Oak | 1BR,1BA | $1,033 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| Ashbrook Apartments | 1b/1b Edgemont | 1BR,1BA | $1,066 |
| Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,085 |
Best Value Apartments for Rent in Lafayette, NC
As of March 23, 2026 the best value apartment in the Lafayette 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 Lafayette apartment is the Rosemary Model at Laurel Ridge Apartments starting at $1,420 with a $1.35 price per square foot in the Lafayette 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. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Laurel Ridge Apartments | Rosemary | 2BR,1.5BA | $1.35 |
| Ashbrook Apartments | 2b/2b Georgetown B | 2BR,2BA | $1.49 |
| Rock Creek Apartments | Sycamore | 2BR,2BA | $1.40 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.45 |
| Collins Crossing | b20b | 2BR,2BA | $1.45 |
| Berkshire 54 | Barington | 1BR,1BA | $1.33 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.40 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.51 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1.51 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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
How much is rent for a Cheap One Bedroom Lafayette Apartment?
The lowest price for a Cheap One Bedroom Lafayette Apartment is $849 at Carolina Spring Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Lafayette Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lafayette is starting from $949 at Berkshire 54.
What is the most affordable Lafayette Three Bedroom Apartment?
The best deal on a cheap Lafayette Three Bedroom Apartment rental is at Trinity at the Hill and starts from $1,500.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.