
Cheap Homes for Rent in UNC Chapel Hill Neighborhood of Chapel Hill, NC from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the UNC Chapel Hill area of Chapel Hill.


303 Smith Level Rd, Unit D24-B

130 S Estes Dr, Unit E5
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

130 S Estes Dr

30 Holland Dr

500 Umstead Dr

529 Hillsborough St

1002 Willow Dr

1002 Willow Dr, Unit 26

342 Summerwalk Cir

1002 Willow Dr

603 Bynum St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
UNC Chapel Hill, Chapel Hill, NC Local Guide

How much does it cost to rent a home in UNC Chapel Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
UNC Chapel Hill 2 Bedroom Homes for Rent | $1,838 | $1,250 | $2,700 |
UNC Chapel Hill 3 Bedroom Homes for Rent | $2,349 | $2,100 | $2,750 |
UNC Chapel Hill 4 Bedroom Homes for Rent | $3,705 | $2,500 | $5,250 |
UNC Chapel Hill 6 Bedroom Homes for Rent | $6,950 | $6,950 | $6,950 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the UNC Chapel Hill Neighborhood of Chapel Hill, NC.
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UNC Chapel Hill, Chapel Hill, NC Local Guide
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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 Villages of Chapel Hill priced from $1,076. Estes Park - Students save up to 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable UNC Chapel Hill apartments for rent in Chapel Hill, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Villages of Chapel Hill | A2 | 1BR,1BA | $1,076 |
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $1,125 |
Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,145 |
Collins Crossing | b10a | 2BR,1BA | $1,167 |
Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in UNC Chapel Hill, NC
As of June 18, 2025 the best value apartment in the UNC Chapel Hill area is the $1.41 price per square foot A3 Model at The Villages of Chapel Hill in the in the Lafayette neighborhood starting from $1,317. The second greatest value UNC Chapel Hill apartment is the Columbia Model at Laurel Ridge Apartments starting at $1,240 with a $1.35 price per square foot in the Lafayette 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. |
---|---|---|---|
The Villages of Chapel Hill | A3 | 1BR,1.5BA | $1.41 |
Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.35 |
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
106 Fidelity/109 W Poplar | 2BR/1.0BA | 2BR,1BA | $1.67 |
Glen Lennox Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1.67 |
Collins Crossing | b20b | 2BR,2BA | $1.53 |
Union Chapel Hill | B2 | 2BR,2BA | $1.74 |
Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1.66 |
Morgan Reserve | A1 | 1BR,1BA | $2.06 |
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $2.08 |
Quick Rent Budget Calculator
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Frequently Asked Questions about UNC Chapel Hill
What type of rentals are currently available in UNC Chapel Hill?
There are currently 87 Apartments for Rent in UNC Chapel Hill, NC with pricing that ranges from $958 to $6,121. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in UNC Chapel Hill ranging from $725 to $6,950.
What is the current price range for Rental Homes in UNC Chapel Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in UNC Chapel Hill ranges from $725 to $6,950 with an average monthly rent of $3,281.
How much are larger Three and Four Bedroom Rentals in UNC Chapel Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in UNC Chapel Hill range from $1,240 to $6,121, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,750. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,225.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.