
Cheap Homes for Rent in Lafayette Neighborhood of Chapel Hill, NC from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Lafayette area of Chapel Hill.


500 Umstead Dr

1006 S Columbia St

103 Braswell Ct, Unit A, Unit A
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.

121 Westview Dr

103 Sue Ann Ct

875 M.L.K. Jr Blvd

502 W Poplar Ave
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.

700 N Greensboro St
Lafayette, Chapel Hill, NC Local Guide

How much does it cost to rent a home in Lafayette?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lafayette 2 Bedroom Homes for Rent | $1,741 | $1,200 | $2,575 |
| Lafayette 3 Bedroom Homes for Rent | $2,622 | $1,650 | $3,299 |
| Lafayette 4 Bedroom Homes for Rent | $2,717 | $1,700 | $3,700 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Lafayette Neighborhood of Chapel Hill, NC.
Explore Chapel Hill
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 | $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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Berkshire 54 | Lenox - Renovated | 2BR,1BA | $1.32 |
| Ashbrook Apartments | 2b/2b Georgetown B | 2BR,2BA | $1.48 |
| Carolina - Students save up to 10%! | Emerald | 2BR,1.5BA | $1.34 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.35 |
| Collins Crossing | b20b | 2BR,2BA | $1.45 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.31 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.40 |
| Poplar Place | A1 | 1BR,1BA | $1.51 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,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

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.

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.

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.