Cheap Homes for Rent in Lafayette Neighborhood of Chapel Hill, NC from $700 (7 Rentals)

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

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.

property at 206 Andrews Ln

$1,350

Studio, 1 Bath Home for Rent

Available Aug 1

206 Andrews Ln

Chapel HillNC27516

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.

property at 500 Umstead Dr

$1,350 - $1,425

2 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516

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 Shadowood priced from $927. West End Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $948. Here are the most affordable Lafayette apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$927
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$948
Berkshire 54Cranwell R22BR,1BA$949

Best Value Apartments for Rent in Lafayette, NC

As of January 11, 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 c20a Model at Collins Crossing starting at $1,819 with a $1.58 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
Collins Crossingc20a3BR,2BA$1.58
Ashbrook Apartments2b/2b Georgetown A2BR,2BA$1.44
Rock Creek ApartmentsSycamore2BR,2BA$1.40
Poplar PlaceB12BR,1BA$1.37
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.47
River View2B2BR,2BA$1.44
Berkshire 54Barrington R21BR,1BA$1.48
Laurel Ridge ApartmentsLaurel1BR,1BA$1.45
Chateau Apartments1x1 Renovated1BR,1BA$1.58

Frequently Asked Questions about Lafayette

What type of rentals are currently available in Lafayette?

There are currently 84 Apartments for Rent in Lafayette, NC with pricing that ranges from $958 to $7,236. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lafayette ranging from $740 to $5,425.

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 $740 to $5,425 with an average monthly rent of $2,628.

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 $3,400. 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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.