Cheap Apartments for Rent in the UNC at Chapel Hill Neighborhood of Chapel Hill, NC from $700 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the UNC at Chapel Hill area of Chapel Hill.

property at 303 Smith Level Rd

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Condo for Rent

Available Now

303 Smith Level Rd, Unit C11

303 Smith Level Rd
Chapel HillNC27516
property at 303 Smith Level Rd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit D24

303 Smith Level Rd
Chapel HillNC27516
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Sunstone Apartments
Rent Specials
$1,094 - $1,724
Total Monthly Price

Total Monthly Price

Base Rent
$1,068 - $1,698
Required Monthly Fees
$26

Total Monthly Price
$1,094 - $1,724
1 to 2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
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  • Customer Reviewed
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Kingswood - Students save up to 10%!
$1,270 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,251 - $1,506
Required Monthly Fees
$19

Total Monthly Price
$1,270 - $1,525
1 to 2 Bedroom Apartments Available Now

Kingswood - Students save up to 10%!

1105 Highway 54 BypassChapel Hill, NC 27516
Student Housing
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  • Customer Reviewed
  • 3D Tour

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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The Hartley at Blue Hill
Rent Specials
$1,410 - $3,228
Total Monthly Price

Total Monthly Price

Base Rent
$1,361 - $3,179
Required Monthly Fees
$49

Total Monthly Price
$1,410 - $3,228
Studio to 3 Bedroom Apartments Available Now

The Hartley at Blue Hill

625 S Elliott RdChapel Hill, NC 27517
Student Housing
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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516

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.

property at 8 Shepherd Ln

$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

8 Shepherd Ln

Chapel HillNC27514
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included

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.

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University Lake
$1,070 - $1,485
Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,464
Required Monthly Fees
$21

Total Monthly Price
$1,070 - $1,485
1 Bedroom Apartments Contact Us For Availability

University Lake

200 Barnes StCarrboro, NC 27510
Student Housing
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Collins Crossing
Rent Specials
$1,180 - $1,870
Total Monthly Price

Total Monthly Price

Base Rent
$1,149 - $1,839
Required Monthly Fees
$31

Total Monthly Price
$1,180 - $1,870
2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
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Bridges at Chapel Hill
Rent Specials
$1,342 - $1,712
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $1,680
Required Monthly Fees
$32

Total Monthly Price
$1,342 - $1,712
1 to 2 Bedroom Apartments Available Now

Bridges at Chapel Hill

142 BPW Club RdCarrboro, NC 27510
Active Lifestyle
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

UNC at Chapel Hill, Chapel Hill, NC Local Guide

Cheapest Available UNC at Chapel Hill Apartments for Rent

 

The cheapest available apartment rental in the UNC at Chapel Hill area of Durham, NC is a Studio unit found at The Villages of Chapel Hill priced from $958. Royal Park - Students save up to 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,010. Here are the most affordable UNC at Chapel Hill apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$958
Royal Park - Students save up to 10%!Monarch1BR,1BA$1,010
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,065
Ridgewood - Students save up to 10%!Melrose1BR,1BA$1,085
Sunstone ApartmentsThe Opal1BR,1BA$1,094
River View1A1BR,1BA$1,095
Glen Lennox Apartments2 Bedroom 1 Bath A2BR,1BA$1,111
Link Apartments® CalyxA1-A1BR,1BA$1,167
Collins Crossingb10a2BR,1BA$1,180
Laurel Ridge ApartmentsColumbia2BR,1BA$1,240

Best Value Apartments for Rent in UNC at Chapel Hill, NC

As of February 15, 2026 the best value apartment in the UNC at Chapel Hill 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 UNC at Chapel Hill apartment is the c20a Model at Collins Crossing starting at $1,814 with a $1.58 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for UNC at Chapel Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shortbread LoftsC13BR,3BA$0.94
Collins Crossingc20a3BR,2BA$1.58
Laurel Ridge ApartmentsRosemary2BR,1.5BA$1.35
The Wilson ApartmentsInviting 3 Bedroom Apartment in the Heart of Ca...3BR,1BA$1.72
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.46
Sunstone ApartmentsThe Citrine2BR,1BA$1.69
Franklin Woods - Students: Save up to 10%!Rosemary1BR,1BA$1.80
Glen Lennox Apartments2 Bedroom 1 Bath A2BR,1BA$1.55
River View1A1BR,1BA$1.66
The Villages of Chapel HillThe Brighton - DELUXE Studio Apartment HomeStudio ,1BA$1.73

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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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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Lifestyle Ratings

Our team is happy to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina including UNC at Chapel Hill, Chapel Hill, and the greater Durham area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap UNC at Chapel Hill Apartments

What is a cheap apartment in UNC at Chapel Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in UNC at Chapel Hill is under $1,240.

What is the price of a cheap apartment in UNC at Chapel Hill?

The cheapest apartment in UNC at Chapel Hill is Royal Park - Students save up to 10%! which is listed at $1,010, while the average apartment in UNC at Chapel Hill costs $1,705.

What types of apartments are the cheapest in UNC at Chapel Hill?

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 173 regular apartments in UNC at Chapel Hill 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 UNC at Chapel Hill?

Cheap apartments in UNC at Chapel Hill have an average cost of $1,841 which is $0 cheaper than the average rent for all rentals in UNC at Chapel Hill.

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

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Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

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I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

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Maximizing Your Refund: Essential Tax Tips for Renters

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.