303 Smith Level Rd, Unit B14, Unit B14
303 Smith Level Rd
Chapel HillNC27516
Cheap Apartments for Rent in the Southern Village Neighborhood of Chapel Hill, NC from $700 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southern Village area of Chapel Hill.
303 Smith Level Rd, Unit D24, Unit D24
303 Smith Level Rd
Chapel HillNC27516
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$768 - $2,0861 to 3 Bedroom Apartments Contact Us For Availability
Trinity Court Apartments
751 Trinity CtChapel Hill, NC 27516
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$1,135 - $1,9951 to 3 Bedroom Apartments Available Now
Laurel Ridge Apartments
1100 W Highway 54 BypChapel Hill, NC 27516
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$1,206 - $4,422Studio to 2 Bedroom Apartments Available Now
Link Apartments® Calyx
55 Maxwell RdChapel Hill, NC 27517
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$1,270 - $1,8951 to 2 Bedroom Apartments Available Now
Kingswood - Students save up to 10%!
1105 Highway 54 BypassChapel Hill, NC 27516
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.
210 Purefoy Rd
Chapel HillNC27514
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$958 - $1,600Studio to 3 Bedroom Apartments Available Now
The Villages of Chapel Hill
500 Smith Level RdCarrboro, NC 27510
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$999 - $1,2651 to 2 Bedroom Apartments Available Now
Carolina Spring Senior Apartments
600 W Poplar AveCarrboro, NC 27510
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$1,006 - $1,1541 to 2 Bedroom Apartments Available Now
West End Flats
200 N Carolina HwyCarrboro, NC 27510
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$1,049 - $1,2601 Bedroom Apartments Available Now
Chateau Apartments
201 Nc Highway 54Carrboro, NC 27510
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$1,050 - $1,8991 to 3 Bedroom Apartments Available Now
Trinity at the Hill
180 BPW Club RdCarrboro, NC 27510
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.
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$1,075 - $1,7551 to 2 Bedroom Apartments Available Now
Royal Park - Students save up to 10%!
501 Highway 54Carrboro, NC 27510
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$1,0901 Bedroom Apartments Contact Us For Availability
University Lake
200 Barnes StCarrboro, NC 27510
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$1,125 - $1,5551 Bedroom Apartments Available Now
Ridgewood - Students save up to 10%!
404 Jones Ferry RdCarrboro, NC 27510
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$1,130 - $1,6301 to 2 Bedroom Apartments Available May 27
Rock Creek Apartments
100 Rock Haven RdCarrboro, NC 27510
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$1,133 - $1,583
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,133 - $1,583
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River View
201 Westbrook DrCarrboro, NC 27510
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$1,199 - $1,833
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,199 - $1,833
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Bridges at Chapel Hill
142 BPW Club RdCarrboro, NC 27510
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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$1,221 - $1,870
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2 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,221 - $1,870
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Collins Crossing
501 Jones Ferry RdCarrboro, NC 27510
Showing Results 1-19, Page 1 of 1
Southern Village, Chapel Hill, NC Local Guide
How much does it cost to rent an apartment in Southern Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Village Studio Apartments | $1,621 | $958 | $3,278 |
| Southern Village 1 Bedroom Apartments | $1,465 | $768 | $3,688 |
| Southern Village 2 Bedroom Apartments | $1,749 | $884 | $4,868 |
| Southern Village 3 Bedroom Apartments | $2,558 | $1,110 | $7,950 |
| Southern Village 4 Bedroom Apartments | $2,176 | $1,095 | $7,236 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Southern Village Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
Southern Village, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Cheapest Available Southern Village Apartments for Rent
The cheapest available apartment rental in the Southern Village area of Chapel Hill, NC is a Studio unit found at The Villages of Chapel Hill priced from $958. Carolina Spring Senior Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Southern Village apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio,1BA | $958 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $999 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,006 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1,049 |
| Trinity at the Hill | 1A | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Southern Village, NC
As of May 04, 2026 the best value apartment in the Southern Village 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 Southern Village apartment is the 2b/2b Georgetown A Model at Ashbrook Apartments starting at $1,497 with a $1.45 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Ashbrook Apartments | 2b/2b Georgetown A | 2BR,2BA | $1.45 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.39 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.47 |
| Collins Crossing | b20b | 2BR,2BA | $1.45 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.31 |
| Trinity at the Hill | 1A | 1BR,1BA | $1.39 |
| River View | 1A | 1BR,1BA | $1.72 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.63 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio ,1BA | $1.67 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick 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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Pet Friendly LifestyleSouthern Village, Chapel Hill, NC
Ranked #17
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Southern Village Apartments
What is a cheap apartment in Southern Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southern Village is under $1,206.
What is the price of a cheap apartment in Southern Village?
The cheapest apartment in Southern Village is Carolina Spring Senior Apartments which is listed at $999, while the average apartment in Southern Village costs $4,500.
What types of apartments are the cheapest in Southern Village?
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 69 regular apartments in Southern Village 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 Southern Village?
Cheap apartments in Southern Village have an average cost of $1,988 which is $2,512 cheaper than the average rent for all rentals in Southern Village.
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
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.
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.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.