Cheap Apartments for Rent in the Outer Chapel Hill Neighborhood of Chapel Hill, NC from $400 (98 Rentals)

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

property at 303 Smith Level Rd

$735

Total Monthly Price

Total Monthly Price

Base Rent
$735

Total Monthly Price
$735

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit D24, Unit D24

303 Smith Level Rd
Chapel HillNC27516
property at 204 Celeste Cir

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

204 Celeste Cir

Chapel HillNC27517
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Shadowood
Rent Specials
$946 - $1,633
Total Monthly Price

Total Monthly Price

Base Rent
$946 - $1,633

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Sunstone Apartments
Rent Specials
$1,182 - $1,783
Total Monthly Price

Total Monthly Price

Base Rent
$1,182 - $1,783

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Notting Hill
Rent Specials
$1,308 - $5,707
Total Monthly Price

Total Monthly Price

Base Rent
$1,308 - $5,707

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Notting Hill

100 Drew Hill LnChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516

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.

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Timber Hollow
1 to 2 Bedroom Apartments

Timber Hollow

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

Chapel View

2701 Homestead RdChapel Hill, NC 27516
property at 500 Umstead Dr

$1,250 - $1,500

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
property at 1416 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

1416 Old Lystra Rd, Unit 3, Unit 3

1416 Old Lystra Rd
Chapel HillNC27514
property at 1416 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

1416 Old Lystra Rd, Unit 6, Unit 6

1416 Old Lystra Rd
Chapel HillNC27514
property at 1414 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

1414 Old Lystra Rd, Unit 3, Unit 3

1414 Old Lystra Rd
Chapel HillNC27517
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Outer Chapel Hill, Chapel Hill, NC Local Guide

Cheapest Available Outer Chapel Hill Apartments for Rent

 

The cheapest available apartment rental in the Outer Chapel Hill area of Durham, NC is a 1 Bed unit found at Shadowood priced from $946. Berkshire 54 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here are the most affordable Outer Chapel Hill apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$946
Berkshire 54Cranwell R22BR,1BA$949
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$958
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
Nova Chapel HillRedwood1BR,1BA$1,015
Chateau ApartmentsOne Bedroom1BR,1BA$1,049
Trinity at the Hill1A1BR,1BA$1,050
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1,051
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,060
The Apartments at Midtown 501A11BR,1BA$1,090

Best Value Apartments for Rent in Outer Chapel Hill, NC

As of May 07, 2026 the best value apartment in the Outer Chapel Hill 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 Outer Chapel Hill 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 Outer Chapel Hill 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 A2BR,2BA$1.38
Booker Creek - Students save up to 10%!Serenity Townhome2BR,1.5BA$1.37
Heritage Apartments2BR2BR,2BA$1.34
Chapel ViewThe Carolina2BR,2BA$1.40
The Apartments at Midtown 501A11BR,1BA$1.18
Laurel Ridge ApartmentsColumbia2BR,1BA$1.39
Chateau ApartmentsOne Bedroom1BR,1BA$1.31
Trinity at the Hill1A1BR,1BA$1.39

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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Outer Chapel Hill, Chapel Hill, and the greater Durham area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, features that make it easier to raise kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

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 $1,090.

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

The cheapest apartment in Outer Chapel Hill is Shadowood which is listed at $946, while the average apartment in Outer Chapel Hill costs $6,080.

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 449 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 $1,717 which is $4,363 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 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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.