Cheap Homes for Rent in the Outer Chapel Hill Neighborhood of Chapel Hill, NC from $500 (30 Rentals)

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

property at 108 Pine St

$550 - $700

Total Monthly Price

Total Monthly Price

Base Rent
$550 - $700

Total Monthly Price
$550 - $700

1 Bedroom, 1 Bath Home for Rent

Available Now

108 Pine St

CarrboroNC27510
property at 303 Smith Level Rd

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Condo for Rent

Available Now

303 Smith Level Rd, Unit A23

303 Smith Level Rd
Chapel HillNC27516
property at 303 Smith Level Rd

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

1 Bedroom, 1 Bath Condo for Rent

Available Jan 1, 2027

303 Smith Level Rd, Unit 32

303 Smith Level Rd
Chapel HillNC27516

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.

property at 304 Cedarwood Ln

$1,000 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,600

Total Monthly Price
$1,000 - $1,600

1 To 2 Bedroom Townhomes for Rent

Available Now

304 Cedarwood Ln

CarrboroNC27510
property at 1002 Willow Dr

$1,200 - $1,600

1 To 2 Bedroom Rentals

Available Now

1002 Willow Dr

Chapel HillNC27514
property at 500 Umstead Dr

$1,250 - $1,325

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516

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.

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

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.

property at 400 Davie Rd

$1,475 - $1,650

2 Bedroom Rentals

Available Now

400 Davie Rd

CarrboroNC27510

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.

property at 121 Westview Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Condo for Rent

Available Now

121 Westview Dr, Unit 50

121 Westview Dr
CarrboroNC27510

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 Berkshire 54 priced from $910. Chateau Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Outer Chapel Hill apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Berkshire 54Barrington R21BR,1BA$910
Chateau ApartmentsOne Bedroom1BR,1BA$925
Nova Chapel HillRedwood1BR,1BA$1,025
Trinity at the Hill1A1BR,1BA$1,050
The Villages of Chapel HillThe Westchester - Two Bedroom Townhome2BR,1BA$1,050
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1,059
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,060
Glen Lennox Apartments1 Bedroom 1 Bath A1BR,1BA$1,093
ShadowoodThe Oak1BR,1BA$1,096
Kingswood - Students save up to 10%!Blue Devil2BR,1BA$1,120

Best Value Apartments for Rent in Outer Chapel Hill, NC

As of August 08, 2026 the best value apartment in the Outer Chapel Hill area is the $1.31 price per square foot Chaucer Model at Notting Hill in the in the South Durham neighborhood starting from $1,740. The second greatest value Outer Chapel Hill apartment is the Kenan Model at Laurel Ridge Apartments starting at $1,755 with a $1.39 price per square foot in the Lafayette 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.
Notting HillChaucer3BR,2BA$1.31
Laurel Ridge ApartmentsKenan3BR,2BA$1.39
Heritage Apartments3AR3BR,2BA$1.45
Carden Place Apartment HomesOne Bedroom - 850 sqft1BR,1BA$1.39
Collins Crossingb20b2BR,2BA$1.47
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1.31
Berkshire 54Barington1BR,1BA$1.33
Chateau ApartmentsOne Bedroom1BR,1BA$1.16
Trinity at the Hill1B1BR,1BA$1.40
The Villages of Chapel HillNCVCH A1 1x1 725sqft - Cambridge1BR,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.

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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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Frequently Asked Questions about Outer Chapel Hill

What type of rentals are currently available in Outer Chapel Hill?

There are currently 194 Apartments for Rent in Outer Chapel Hill, NC with pricing that ranges from $800 to $9,563. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer Chapel Hill ranging from $550 to $5,000.

What is the current price range for Rental Homes in Outer Chapel Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer Chapel Hill ranges from $550 to $5,000 with an average monthly rent of $2,074.

How much are larger Three and Four Bedroom Rentals in Outer Chapel Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Outer Chapel Hill range from $1,395 to $9,563, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,310.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.