
Cheap Homes for Rent in Southern Village Neighborhood of Chapel Hill, NC from $600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Southern Village area of Chapel Hill.

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.

210 Purefoy Rd
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.

1006 S Columbia St
Southern Village, Chapel Hill, NC Local Guide

How much does it cost to rent a home in Southern Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southern Village 2 Bedroom Homes for Rent | $1,750 | $1,200 | $2,050 |
| Southern Village 3 Bedroom Homes for Rent | $2,733 | $1,900 | $3,399 |
| Southern Village 4 Bedroom Homes for Rent | $2,350 | $1,700 | $2,750 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Southern Village Neighborhood of Chapel Hill, NC.
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Southern Village, Chapel Hill, NC Local Guide
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Best Value Apartments for Rent in Southern Village, NC
As of March 20, 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 Rosemary Model at Laurel Ridge Apartments starting at $1,420 with a $1.35 price per square foot in the Lafayette 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 |
| Laurel Ridge Apartments | Rosemary | 2BR,1.5BA | $1.35 |
| Ashbrook Apartments | 2b/2b Georgetown B | 2BR,2BA | $1.49 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.45 |
| Collins Crossing | b20b | 2BR,2BA | $1.45 |
| Berkshire 54 | Barington | 1BR,1BA | $1.33 |
| Chateau Apartments | 1x1 Renovated | 1BR,1BA | $1.58 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.51 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1.51 |
| 101 Woodcrest Dr, Unit B | 101 Woodcrest Dr | 1BR,1BA | $1.60 |
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.
Pet Friendly LifestyleSouthern Village, Chapel Hill, NC
Ranked #16
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Southern Village
What type of rentals are currently available in Southern Village?
There are currently 61 Apartments for Rent in Southern Village, NC with pricing that ranges from $768 to $7,236. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Village ranging from $600 to $3,399.
What is the current price range for Rental Homes in Southern Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southern Village ranges from $600 to $3,399 with an average monthly rent of $1,962.
How much are larger Three and Four Bedroom Rentals in Southern Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southern Village range from $1,110 to $6,377, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,399. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,095.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.