303 Smith Level Rd
Chapel HillNC27516
Cheap Homes for Rent in Southern Village Neighborhood of Chapel Hill, NC from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Southern Village area of Chapel Hill.
303 Smith Level Rd, Unit B14
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit E23
303 Smith Level Rd
Chapel HillNC27516
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.
303 Smith Level Rd, Unit 32
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit D24 - C
303 Smith Level Rd
Chapel HillNC27516
210 Purefoy Rd
Chapel HillNC27514
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.
Showing Results 1-6, Page 1 of 1
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 | $2,387 | $2,025 | $2,750 |
| Southern Village 4 Bedroom Homes for Rent | $1,405 | $665 | $1,850 |
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 6 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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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 $949. 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 |
|---|---|---|---|
| Chateau Apartments | One Bedroom | 1BR,1BA | $949 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $999 |
| The Villages of Chapel Hill | The Dover - One Bedroom Townhome | 1BR,1BA | $1,076 |
Best Value Apartments for Rent in Southern Village, NC
As of June 19, 2026 the best value apartment in the Southern Village area is the $1.52 price per square foot B1R Model at Autumn Woods in the in the Triple Crown Estates neighborhood starting from $1,703. The second greatest value Southern Village apartment is the Emerald Model at Carolina - Students save up to 10%! starting at $1,445 with a $1.40 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. |
|---|---|---|---|
| Autumn Woods | B1R | 2BR,2BA | $1.52 |
| Carolina - Students save up to 10%! | Emerald | 2BR,1.5BA | $1.40 |
| Bridges at Chapel Hill | B1 | 2BR,2BA | $1.61 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.39 |
| Collins Crossing | b20b | 2BR,2BA | $1.47 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.43 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.19 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.40 |
| The Villages of Chapel Hill | The Cambridge - One Bedroom Apartment Home | 1BR,1BA | $1.51 |
| River View | 1A | 1BR,1BA | $1.67 |
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.
Read Article
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.
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 #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 62 Apartments for Rent in Southern Village, NC with pricing that ranges from $936 to $8,384. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southern Village ranging from $625 to $2,750.
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 $625 to $2,750 with an average monthly rent of $1,562.
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 $1,140 to $8,384, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,025 to $2,750. Four Bedroom Single-Family rentals are also available starting from $665 and Four Bedroom Apartments start at $1,140.
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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.