
Cheap Homes for Rent in Southern Village Neighborhood of Chapel Hill, NC from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Southern Village area of Chapel Hill.

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.
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

303 Smith Level Rd
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 | $1,850 | $1,850 | $1,850 |
Southern Village 3 Bedroom Homes for Rent | $2,862 | $2,325 | $3,400 |
Southern Village 4 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
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.
Explore Chapel Hill
Southern Village, Chapel Hill, NC Local Guide
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Best Value Apartments for Rent in Southern Village, NC
As of July 30, 2025 the best value apartment in the Southern Village area is the $1.32 price per square foot Lenox - Renovated Model at Berkshire 54 in the in the Triple Crown Estates neighborhood starting from $1,376. The second greatest value Southern Village apartment is the Columbia Model at Laurel Ridge Apartments starting at $1,240 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. |
---|---|---|---|
Berkshire 54 | Lenox - Renovated | 2BR,1BA | $1.32 |
Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.35 |
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
River View | 2B | 2BR,2BA | $1.58 |
106 Fidelity/109 W Poplar | 2BR/1.0BA | 2BR,1BA | $1.58 |
Collins Crossing | b20b | 2BR,2BA | $1.53 |
West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.32 |
Chateau Apartments - New | 1x1 Renovated | 1BR,1BA | $1.31 |
The Villages of Chapel Hill | S1 | Studio ,1BA | $1.67 |
Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1.77 |
Quick Rent Budget Calculator
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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 $949 to $4,842. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Village ranging from $1,550 to $3,400.
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 $1,550 to $3,400 with an average monthly rent of $2,003.
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 $1,290 to $4,842, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,325 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,400.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.