Cheap Apartments for Rent in the Southern Village Neighborhood of Chapel Hill, NC from $900 (21 Rentals)

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

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

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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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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Collins Crossing
Rent Specials
$1,182 - $1,802
Total Monthly Price

Total Monthly Price

Base Rent
$1,182 - $1,802
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
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Autumn Woods
Rent Specials
$1,244 - $2,708
Total Monthly Price

Total Monthly Price

Base Rent
$1,244 - $2,708
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Autumn Woods

222 Old Fayetteville RdCarrboro, NC 27510
Student Housing
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Trinity at the Hill
1 to 3 Bedroom Apartments

Trinity at the Hill

180 BPW Club RdCarrboro, NC 27510
Student Housing

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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Showing Results 1-21, Page 1 of 1

Southern Village, Chapel Hill, NC Local Guide

Cheapest Available Southern Village Apartments for Rent

 

The cheapest available apartment rental in the Southern Village area of Chapel Hill, NC is a 1 Bed unit found at Chateau Apartments priced from $925. Link Apartments® Calyx has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Southern Village apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Chateau ApartmentsOne Bedroom1BR,1BA$925
Link Apartments® CalyxS1-AStudio,1BA$950
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

Best Value Apartments for Rent in Southern Village, NC

As of August 03, 2026 the best value apartment in the Southern Village area is the $1.39 price per square foot Kenan Model at Laurel Ridge Apartments in the in the Lafayette neighborhood starting from $1,755. The second greatest value Southern Village apartment is the 2 Beds, 1.5 Baths Model at Cedar Court starting at $1,650 with a $1.56 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Southern Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Laurel Ridge ApartmentsKenan3BR,2BA$1.39
Cedar Court2 Beds, 1.5 Baths2BR,1.5BA$1.56
Royal Park - Students save up to 10%!Majestic2BR,1BA$1.28
Collins Crossingb20b2BR,2BA$1.47
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1.31
Chateau ApartmentsOne Bedroom1BR,1BA$1.16
Bridges at Chapel HillA21BR,1BA$1.63
Trinity at the Hill1A1BR,1BA$1.52
Trinity Court Apartments1x11BR,1BA$1.67
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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Pet Friendly Lifestyle
Southern Village, Chapel Hill, NC

Ranked #14

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Southern Village Apartments

How much is rent for a Cheap One Bedroom Southern Village Apartment?

The lowest price for a Cheap One Bedroom Southern Village Apartment is $925 at Chateau Apartments.

What is the lowest price for a Cheap Two Bedroom Southern Village Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southern Village is starting from $1,050 at The Villages of Chapel Hill.

What is the most affordable Southern Village Three Bedroom Apartment?

The best deal on a cheap Southern Village Three Bedroom Apartment rental is at Autumn Woods and starts from $1,570.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

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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.