
Cheap Homes for Rent in Lafayette Neighborhood of Chapel Hill, NC from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Lafayette area of Chapel Hill.


303 Smith Level Rd, Unit 32

108 Pine St, Unit 8

206 Oleander Rd

106 Basnight Ln

206 Carr St
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.

529 Hillsborough St

420 Whitehead Cir

500 Umstead Dr

102 Johnson St

121 Westview Dr

103 Friar Ln
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.

126 Friar Ln
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 | $1,690 | $740 | $2,900 |
| Lafayette 3 Bedroom Homes for Rent | $2,887 | $1,850 | $5,900 |
| Lafayette 4 Bedroom Homes for Rent | $3,135 | $1,700 | $4,100 |
| Lafayette 7 Bedroom Homes for Rent | $5,425 | $5,425 | $5,425 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lafayette Neighborhood of Chapel Hill, NC.
Explore Chapel Hill
Lafayette, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Chateau Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. 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 |
| Chateau Apartments | One Bedroom One Bath Garden | 1BR,1BA | $949 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio,1BA | $958 |
| Shadowood | The Oak | 1BR,1BA | $980 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1,023 |
Best Value Apartments for Rent in Lafayette, NC
As of November 24, 2025 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 Sycamore Model at Rock Creek Apartments starting at $1,300 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 |
| Rock Creek Apartments | Sycamore | 2BR,2BA | $1.35 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.48 |
| River View | 2B | 2BR,2BA | $1.44 |
| Collins Crossing | b20b | 2BR,2BA | $1.49 |
| Berkshire 54 | Barrington - Renovated | 1BR,1BA | $1.44 |
| Laurel Ridge Apartments | Laurel | 1BR,1BA | $1.40 |
| Chateau Apartments | One Bedroom One Bath Garden | 1BR,1BA | $1.19 |
| Poplar Place | A1 | 1BR,1BA | $1.37 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1.51 |
Don'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 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.
Pet Friendly LifestyleLafayette, Chapel Hill, NC
Ranked #16
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Lafayette, Chapel Hill, NC
Carrboro Elementary
Phoenix Academy High
School data provided by Great Schools
Frequently Asked Questions about Lafayette
What type of rentals are currently available in Lafayette?
There are currently 83 Apartments for Rent in Lafayette, NC with pricing that ranges from $849 to $7,236. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $600 to $5,900.
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 $600 to $5,900 with an average monthly rent of $2,845.
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 $6,377, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $5,900. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,095.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.