303 Smith Level Rd
Chapel HillNC27516
Cheap Apartments for Rent in the UNC Chapel Hill Neighborhood of Chapel Hill, NC from $700 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the UNC Chapel Hill area of Chapel Hill.
303 Smith Level Rd
Chapel HillNC27516
Room in House on Hillsborough St
514 Hillsborough St
Chapel HillNC27514
303 Smith Level Rd, Unit 32
303 Smith Level Rd
Chapel HillNC27516
907 Oak Tree Dr
Chapel HillNC27517
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$950 - $4,328Studio to 2 Bedroom Apartments Available Now
Link Apartments® Calyx
55 Maxwell RdChapel Hill, NC 27517
215 N Graham St
Chapel HillNC27516
3290 S Columbia St
Chapel HillNC27517
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Rent Specials
$1,093 - $3,6391 to 3 Bedroom Apartments Available Now
Glen Lennox Apartments
140 Hamilton RdChapel Hill, NC 27517
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Rent Specials
$1,135 - $1,8501 to 2 Bedroom Apartments Available Now
Kingswood - Students save up to 10%!
1105 Highway 54 BypassChapel Hill, NC 27516
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Rent Specials
$1,135 - $1,9951 to 3 Bedroom Apartments Available Now
Laurel Ridge Apartments
1100 W Highway 54 BypChapel Hill, NC 27516
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Rent Specials
$1,394 - $2,353
Total Monthly Price
Base Rent$1,394 - $2,353
Total Monthly PriceVaries
The Morgan at Chapel Hill
100 Spring Meadow DrChapel Hill, NC 27517
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Rent Specials
$1,395 - $1,6451 Bedroom Apartments Available Now
University Apartments Chapel Hill
600 Martin Luther King Jr BlvdChapel Hill, NC 27514
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Studio Apartments
Trustee Corner
115 N Merritt Mill RdChapel Hill, NC 27516
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1 to 4 Bedroom Apartments
The Ramsey
201 Howell StChapel Hill, NC 27514
1002 Willow Dr
Chapel HillNC27514
7 Shepherd Ln
Chapel HillNC27514
2 Holland Dr
Chapel HillNC27514
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
180 Summerwalk Cir
Chapel HillNC27517
1001 Kingswood Dr, Unit I
1001 Kingswood Dr
Chapel HillNC27517
500 Umstead Dr
Chapel HillNC27516
414 Summerwalk Cir
Chapel HillNC27517
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2 Bedroom Apartments
612 Hillsborough
612 Hillsborough StChapel Hill, NC 27514
108 Pine St, Unit 6
108 Pine St
CarrboroNC27510
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Rent Specials
$958 - $1,600Studio to 3 Bedroom Apartments Available Now
The Villages of Chapel Hill
500 Smith Level RdCarrboro, NC 27510
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Rent Specials
$1,075 - $1,5151 to 2 Bedroom Apartments Available Now
Estes Park - Students Save Up To 10%!
306 Estes DrCarrboro, NC 27510
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$1,0901 Bedroom Apartments Contact Us For Availability
University Lake
200 Barnes StCarrboro, NC 27510
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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Rent Specials
$1,120 - $1,6851 to 2 Bedroom Apartments Available Now
Royal Park - Students save up to 10%!
501 Highway 54Carrboro, NC 27510
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$1,130 - $1,6301 to 2 Bedroom Apartments Contact Us For Availability
Rock Creek Apartments
100 Rock Haven RdCarrboro, NC 27510
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$1,149 - $1,869
Total Monthly Price
Base Rent$1,149 - $1,869
Total Monthly Price$1,149 - $1,869
Collins Crossing
501 Jones Ferry RdCarrboro, NC 27510
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$1,160 - $1,5501 Bedroom Apartments Available Now
Ridgewood - Students save up to 10%!
404 Jones Ferry RdCarrboro, NC 27510
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Rent Specials
$1,237 - $1,612
Total Monthly Price
Base Rent$1,237 - $1,612
Total Monthly Price$1,237 - $1,612
Bridges at Chapel Hill
142 BPW Club RdCarrboro, NC 27510
112 Bim St
CarrboroNC27510
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$1,380 - $1,8852 Bedroom Apartments Available Sep 15
Carolina - Students save up to 10%!
401 Hwy 54 BypCarrboro, NC 27510
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$1,4002 Bedroom Apartments Contact Us For Availability
109 W Poplar Ave
109 W Poplar AveCarrboro, NC 27510
122 Marlowe Ct
CarrboroNC27510
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.
137 Oak St, Unit 137 Oak St.
137 Oak St
CarrboroNC27510
700 N Greensboro St
CarrboroNC27510
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1 to 2 Bedroom Apartments
River View
201 Westbrook DrCarrboro, NC 27510
Showing Results 1-39, Page 1 of 1
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 | $1,289 | $950 | $1,666 |
| UNC Chapel Hill 1 Bedroom Apartments | $1,490 | $700 | $3,561 |
| UNC Chapel Hill 2 Bedroom Apartments | $1,705 | $995 | $3,548 |
| UNC Chapel Hill 3 Bedroom Apartments | $2,156 | $1,354 | $6,851 |
| UNC Chapel Hill 4 Bedroom Apartments | $1,850 | $1,310 | $4,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the UNC Chapel Hill Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
UNC Chapel Hill, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Cheapest Available UNC Chapel Hill Apartments for Rent
The cheapest available apartment rental in the UNC Chapel Hill area of Chapel Hill, NC is a 1 Bed unit found at The Ramsey priced from $950. Link Apartments® Calyx has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable UNC Chapel Hill apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Ramsey | 1BR/1.0BA | 1BR,1BA | $950 |
| Link Apartments® Calyx | S1 | Studio,1BA | $950 |
| The Villages of Chapel Hill | The Westchester - Two Bedroom Townhome | 2BR,1BA | $1,050 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,075 |
| Glen Lennox Apartments | 1 Bedroom 1 Bath A | 1BR,1BA | $1,093 |
| Kingswood - Students save up to 10%! | Blue Devil | 2BR,1BA | $1,135 |
| Laurel Ridge Apartments | Laurel | 1BR,1BA | $1,135 |
| Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,140 |
| Collins Crossing | b10a | 2BR,1BA | $1,149 |
| Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in UNC Chapel Hill, NC
As of September 07, 2026 the best value apartment in the UNC Chapel Hill area is the $1.30 price per square foot 7BR/3.0BA Model at 503 N. Greensboro in the in the Triple Crown Estates neighborhood starting from $2,600. The second greatest value UNC Chapel Hill apartment is the 502 Whitaker Street Model at 502 Whitaker Street, Unit B starting at $1,650 with a $1.10 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for UNC Chapel Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 503 N. Greensboro | 7BR/3.0BA | 7BR,3BA | $1.30 |
| 502 Whitaker Street, Unit B | 502 Whitaker Street | 3BR,1BA | $1.10 |
| Trinity Court Apartments | 3x2 | 3BR,2BA | $1.55 |
| Morgan Reserve | B4 | 2BR,2BA | $1.60 |
| Collins Crossing | c20a | 3BR,2BA | $1.54 |
| Cedar Court | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.51 |
| Laurel Ridge Apartments | Laurel | 1BR,1BA | $1.41 |
| Environs Lofts at East 54 | Cameron | 1BR,1BA | $1.83 |
| The Villages of Chapel Hill | The Cambridge - One Bedroom Apartment Home | 1BR,1BA | $1.51 |
| Kingswood - Students save up to 10%! | Blue Devil | 2BR,1BA | $1.70 |
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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Quick Rent Budget Calculator
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 LifestyleUnc Chapel Hill, Chapel Hill, NC
Ranked #16
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Unc Chapel Hill, Chapel Hill, NC
Glenwood Elementary
Chapel Hill-Carrboro City School District
Public School - Grades K-5 (394)
10 out of 10
Phoenix Academy High
Chapel Hill-Carrboro City School District
Public School - Grades 6-12 (24)
2 out of 10
Grey Culbreth Middle School
Chapel Hill-Carrboro City School District
Public School - Grades 6-8 (643)
6 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States including UNC Chapel Hill, Chapel Hill, and the greater Chapel Hill area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
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 $1,160.
What is the price of a cheap apartment in UNC Chapel Hill?
The cheapest apartment in UNC Chapel Hill is The Ramsey which is listed at $950, while the average apartment in UNC Chapel Hill costs $1,461.
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 $825 which is $636 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.