Cheap Homes for Rent in Lafayette Neighborhood of Chapel Hill, NC from $800 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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 ListingModel NameBed/BathPriced From
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$849
Berkshire 54Barrington - Renovated1BR,1BA$910
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$941

Best Value Apartments for Rent in Lafayette, NC

As of April 15, 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 Lenox - Renovated Model at Berkshire 54 starting at $1,376 with a $1.32 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.
Shortbread LoftsC13BR,3BA$0.94
Berkshire 54Lenox - Renovated2BR,1BA$1.32
Ashbrook Apartments2b/2b Georgetown B2BR,2BA$1.48
Carolina - Students save up to 10%!Emerald2BR,1.5BA$1.34
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Collins Crossingb20b2BR,2BA$1.45
Chateau ApartmentsOne Bedroom1BR,1BA$1.31
Trinity at the Hill1B1BR,1BA$1.40
Poplar PlaceA11BR,1BA$1.51
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$1.51

Frequently Asked Questions about Lafayette

What type of rentals are currently available in Lafayette?

There are currently 88 Apartments for Rent in Lafayette, NC with pricing that ranges from $768 to $8,632. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $850 to $3,700.

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 $850 to $3,700 with an average monthly rent of $1,982.

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 $1,110 to $8,632, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,299. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,095.

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 Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.