303 Smith Level Rd, Unit A23
303 Smith Level Rd
Chapel HillNC27516
Cheap Homes for Rent in the Southern Village Neighborhood of Chapel Hill, NC from $500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Southern Village area of Chapel Hill.
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.
303 Smith Level Rd, Unit 32
303 Smith Level Rd
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.
210 Purefoy Rd
Chapel HillNC27514
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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 3 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Southern Village 4 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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
- Nearby Chapel Hill neighborhoods
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Laurel Ridge Apartments | Kenan | 3BR,2BA | $1.39 |
| Cedar Court | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.56 |
| Royal Park - Students save up to 10%! | Majestic | 2BR,1BA | $1.28 |
| Collins Crossing | b20b | 2BR,2BA | $1.47 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.31 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.16 |
| Bridges at Chapel Hill | A2 | 1BR,1BA | $1.63 |
| Trinity at the Hill | 1A | 1BR,1BA | $1.52 |
| Trinity Court Apartments | 1x1 | 1BR,1BA | $1.67 |
| The Villages of Chapel Hill | NCVCH A1 1x1 725sqft - Cambridge | 1BR,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 LifestyleSouthern Village, Chapel Hill, NC
Ranked #14
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 $950 to $2,932. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Village ranging from $550 to $2,100.
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 $550 to $2,100 with an average monthly rent of $1,268.
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 $1,395 to $2,535, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $1,800. 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
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.
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.
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.
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.