Cheap Apartments for Rent in the UNC at Chapel Hill Neighborhood of Chapel Hill, NC from $700 (24 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.

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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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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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 $895. Link Apartments® Calyx has the second lowest priced unit, which is a Studio apartment currently listed from $1,038. 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$895
Link Apartments® CalyxS1Studio,1BA$1,038
Glen Lennox Apartments2 Bedroom 1 Bath A2BR,1BA$1,041
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,070
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,085

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

As of January 01, 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 $1,819 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
125 Wild Iris Ln, Unit A125 Wild Iris Ln2BR,1.5BA$1.76
Rock Creek ApartmentsSycamore2BR,2BA$1.40
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.47
River View2B2BR,2BA$1.44
Laurel Ridge ApartmentsLaurel1BR,1BA$1.40
Glen Lennox Apartments2 Bedroom 1 Bath A2BR,1BA$1.45
Kingswood - Students save up to 10%!Carolina Blue1BR,1BA$1.94
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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Pet Friendly Lifestyle
Unc At Chapel Hill, Chapel Hill, NC

Ranked #15

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,260.

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

The cheapest apartment in UNC at Chapel Hill is The Villages of Chapel Hill which is listed at $995, while the average apartment in UNC at Chapel Hill costs $1,753.

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 143 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 $1,846 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

Written by: Billy K

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.