Cheap Homes for Rent in UNC Chapel Hill Neighborhood of Chapel Hill, NC from $600 (8 Rentals)

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Cheap Homes in the UNC Chapel Hill area of Chapel Hill.

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.

property at 407 N Columbia St

407 N Columbia St

Chapel HillNC27516
property at 130 S Estes Dr

130 S Estes Dr

Chapel HillNC27514

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

UNC Chapel Hill, Chapel Hill, NC Local Guide

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 Studio unit found at The Villages of Chapel Hill priced from $958. 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 ListingModel NameBed/BathPriced From
The Villages of Chapel HillS1Studio,1BA$958
Estes Park - Students save up to 10%!Grove at Estes Park1BR,1BA$1,125
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,135

Best Value Apartments for Rent in UNC Chapel Hill, NC

As of May 03, 2025 the best value apartment in the UNC Chapel Hill area is the $1.35 price per square foot Columbia Model at Laurel Ridge Apartments in the in the Lafayette neighborhood starting from $1,240. The second greatest value UNC Chapel Hill apartment is the Hatteras Model at Carolina - Students save up to 10%! starting at $1,370 with a $1.49 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.56
Collins Crossingb10a2BR,1BA$1.49
Union Chapel HillB32BR,2BA$1.73
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.66
The Morgan at Chapel HillHummingbird1BR,1BA$1.93
The Villages of Chapel HillS1Studio ,1BA$1.67
Estes Park - Students save up to 10%!Grove at Estes Park1BR,1BA$2.08
Royal Park - Students save up to 10%!Barnes1BR,1BA$2.10

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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 89 Apartments for Rent in UNC Chapel Hill, NC with pricing that ranges from $700 to $10,223. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in UNC Chapel Hill ranging from $600 to $7,499.

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 $600 to $7,499 with an average monthly rent of $3,201.

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 $1,035 to $10,223, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $2,500. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $1,215.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.