Cheap 2 Bedroom Apartments for Rent in the Outer Chapel Hill Neighborhood of Chapel Hill, NC from $1,043 (74 Rentals)

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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.

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Shadowood
$1,339 - $1,735
Total Monthly Price

Total Monthly Price

Base Rent
$1,001 - $1,735
Total Monthly Price
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2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
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Sunstone Apartments
Rent Specials
$1,409 - $2,014
Total Monthly Price

Total Monthly Price

Base Rent
$1,142 - $2,014
Total Monthly Price
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2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
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property at 147 Schultz St

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

2 Bedroom, 2.5 Bath Condo for Rent

Available Now

147 Schultz St

Chapel HillNC27514

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 500 Umstead Dr

$1,250 - $1,325

2 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
property at 1412 Old Lystra Rd

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

2 Bedroom, 1 Bath Condo for Rent

Available Now

1412 Old Lystra Rd, Unit 3

1412 Old Lystra Rd
Chapel HillNC27517
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included
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Timber Hollow
2 Bedroom Apartments

Timber Hollow

101 Timber Hollow CtChapel Hill, NC 27514
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Chapel View
2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Rise Chapel Hill
2 Bedroom Apartments

Rise Chapel Hill

200 Westminster DrChapel Hill, NC 27514
Student Housing
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Collins Crossing
Rent Specials
$1,149 - $1,393
Total Monthly Price

Total Monthly Price

Base Rent
$1,182 - $1,802
Total Monthly Price
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2 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
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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.

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Heritage Apartments
Rent Specials
$1,196 - $1,596
Total Monthly Price

Total Monthly Price

Base Rent
$1,186 - $1,807
Total Monthly Price
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2 Bedroom Apartments Available Nov 29

Heritage Apartments

405 Thomas Burke DrHillsborough, NC 27278
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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Outer Chapel Hill, Chapel Hill, NC Local Guide

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Best Local Schools in
Outer Chapel Hill, Chapel Hill, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap Outer Chapel Hill Apartments

What is a cheap apartment in Outer Chapel Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer Chapel Hill is under $1,132.

What is the price of a cheap apartment in Outer Chapel Hill?

The cheapest apartment in Outer Chapel Hill is Berkshire 54 which is listed at $949, while the average apartment in Outer Chapel Hill costs $1,705.

What types of apartments are the cheapest in Outer Chapel Hill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 324 regular apartments in Outer Chapel Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Outer Chapel Hill?

Cheap apartments in Outer Chapel Hill have an average cost of $817 which is $888 cheaper than the average rent for all rentals in Outer Chapel Hill.

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.

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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.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.