Cheap Homes for Rent in UNC at Chapel Hill Neighborhood of Chapel Hill, NC from $500 (6 Rentals)

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

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.

property at 500 Umstead Dr

$1,000 - $1,500

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
property at 701 Copperline Dr

$1,499 - $2,100

1 To 2 Bedroom Rentals

Available Now

701 Copperline Dr

Chapel HillNC27516

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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. Sunstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,047. 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
Sunstone ApartmentsThe Opal1BR,1BA$1,047
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,055

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

As of April 23, 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 125A Wild Iris Ln Model at 125A Wild Iris Ln, Unit Wild Iris starting at $1,800 with a $1.76 price per square foot in the Clearwater Lake 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
125A Wild Iris Ln, Unit Wild Iris125A Wild Iris Ln2BR,1.5BA$1.76
The Wilson ApartmentsInviting 3 Bedroom Apartment in the Heart of Ca...3BR,1BA$1.72
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.47
Glen Lennox North2 Bedroom 1 Bath B2BR,1BA$1.36
Collins Crossingb20b2BR,2BA$1.45
Sunstone ApartmentsThe Emerald1BR,1BA$1.60
River View1A1BR,1BA$1.72
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio ,1BA$1.67

Frequently Asked Questions about UNC at Chapel Hill

What type of rentals are currently available in UNC at Chapel Hill?

There are currently 96 Apartments for Rent in UNC at Chapel Hill, NC with pricing that ranges from $768 to $7,752. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in UNC at Chapel Hill ranging from $550 to $3,700.

What is the current price range for Rental Homes in UNC at Chapel Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in UNC at Chapel Hill ranges from $550 to $3,700 with an average monthly rent of $2,133.

How much are larger Three and Four Bedroom Rentals in UNC at Chapel Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in UNC at Chapel Hill range from $1,110 to $7,752, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $3,150. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,095.

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

decorative image for Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC article

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.