
Cheap 2 Bedroom Apartments for Rent in the UNC Chapel Hill Neighborhood of Chapel Hill, NC from $884 (14 Rentals)


Glen Lennox North

Laurel Ridge Apartments

Kingswood - Students save up to 10%!

D2 Shepherd Ln

500 Umstead Dr

612 Hillsborough
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.

The Villages of Chapel Hill

Estes Park - Students Save Up To 10%!

Total Monthly Price
Collins Crossing

Royal Park - Students save up to 10%!

Carolina - Students save up to 10%!

Rock Creek Apartments

109 W Poplar Ave
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.
UNC Chapel Hill, Chapel Hill, NC Local Guide

How much does it cost to rent an apartment in UNC Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| UNC Chapel Hill Studio Apartments | $1,615 | $958 | $3,278 |
| UNC Chapel Hill 1 Bedroom Apartments | $1,553 | $768 | $3,688 |
UNC Chapel Hill 2 Bedroom Apartments | $1,903 | $884 | $4,868 |
| UNC Chapel Hill 3 Bedroom Apartments | $2,590 | $1,110 | $7,939 |
| UNC Chapel Hill 4 Bedroom Apartments | $2,250 | $1,095 | $7,236 |
Explore Chapel Hill
Frequently Asked Questions about Cheap UNC Chapel Hill Apartments
What is a cheap apartment in UNC Chapel Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in UNC Chapel Hill is under $1,240.
What is the price of a cheap apartment in UNC Chapel Hill?
The cheapest apartment in UNC Chapel Hill is The Villages of Chapel Hill which is listed at $1,125, while the average apartment in UNC Chapel Hill costs $4,500.
What types of apartments are the cheapest in UNC 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 82 regular apartments in UNC 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 Chapel Hill?
Cheap apartments in UNC Chapel Hill have an average cost of $1,938 which is $2,562 cheaper than the average rent for all rentals in UNC 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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.