Cheap 2 Bedroom Apartments for Rent in the UNC Chapel Hill Neighborhood of Chapel Hill, NC from $884 (12 Rentals)

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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

$1,250 - $1,495

2 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
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Collins Crossing
Rent Specials
$1,158 - $1,391
Total Monthly Price

Total Monthly Price

Base Rent
$1,189 - $1,391

Total Monthly Price
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2 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
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Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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 $1,220.

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

The cheapest apartment in UNC Chapel Hill is Trinity Court Apartments which is listed at $884, while the average apartment in UNC Chapel Hill costs $4,000.

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 72 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 $1,498 which is $2,502 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

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.