Cheap Homes for Rent in the Lafayette Neighborhood of Chapel Hill, NC from $550 (11 Rentals)

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

property at 108 Pine St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Now

108 Pine St, Unit 6

108 Pine St
CarrboroNC27510
property at 303 Smith Level Rd

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

1 Bedroom, 1 Bath Condo for Rent

Available Jan 1, 2027

303 Smith Level Rd, Unit 32

303 Smith Level Rd
Chapel HillNC27516

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 500 Umstead Dr

$1,250 - $1,325

2 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
property at 122 Marlowe Ct

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

122 Marlowe Ct

CarrboroNC27510
property at 137 Oak St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

Studio, 1 Bath Home for Rent

Available Sep 16

137 Oak St, Unit 137 Oak St.

137 Oak St
CarrboroNC27510

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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 Berkshire 54 priced from $910. The Ramsey has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Lafayette apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Berkshire 54Barrington R21BR,1BA$910
The Ramsey1BR/1.0BA1BR,1BA$950
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1,021
Chateau ApartmentsOne Bedroom1BR,1BA$1,049
The Villages of Chapel HillThe Westchester - Two Bedroom Townhome2BR,1BA$1,050

Best Value Apartments for Rent in Lafayette, NC

As of August 29, 2026 the best value apartment in the Lafayette area is the $1.30 price per square foot 7BR/3.0BA Model at 503 N. Greensboro in the in the Triple Crown Estates neighborhood starting from $2,600. The second greatest value Lafayette apartment is the 502 Whitaker Street Model at 502 Whitaker Street, Unit B starting at $1,675 with a $1.12 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.
503 N. Greensboro7BR/3.0BA7BR,3BA$1.30
502 Whitaker Street, Unit B502 Whitaker Street3BR,1BA$1.12
Poplar PlaceB12BR,1BA$1.41
Royal Park - Students save up to 10%!Majestic2BR,1BA$1.32
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1.28
Berkshire 54Barington1BR,1BA$1.24
Laurel Ridge ApartmentsLaurel1BR,1BA$1.41
Chateau ApartmentsOne Bedroom1BR,1BA$1.31
Trinity at the Hill1B1BR,1BA$1.46
The Villages of Chapel HillThe Cambridge - One Bedroom Apartment Home1BR,1BA$1.51

Frequently Asked Questions about Lafayette

What type of rentals are currently available in Lafayette?

There are currently 95 Apartments for Rent in Lafayette, NC with pricing that ranges from $700 to $6,768. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $550 to $5,200.

What is the current price range for Rental Homes in Lafayette?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lafayette ranges from $550 to $5,200 with an average monthly rent of $2,204.

How much are larger Three and Four Bedroom Rentals in Lafayette?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lafayette range from $1,395 to $6,768, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $5,200. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $1,310.

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

decorative image for Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham article

Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.