108 Pine St
CarrboroNC27510
Cheap Homes for Rent in UNC Chapel Hill Neighborhood of Chapel Hill, NC from $500 (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
Chapel HillNC27516
303 Smith Level Rd, Unit B14
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit E23
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit 32
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit D24 - C
303 Smith Level Rd
Chapel HillNC27516
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.
210 Purefoy Rd
Chapel HillNC27514
250 S Estes Dr, Unit 80
250 S Estes Dr
Chapel HillNC27514
D2 Shepherd Ln
Chapel HillNC27514
500 Umstead Dr
Chapel HillNC27516
1004 Kingswood Dr, Unit 1004 b kingswood dr. Chapel hill
1004 Kingswood Dr
Chapel HillNC27517
1002 Willow Dr
Chapel HillNC27514
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.
Showing Results 1-12, Page 1 of 1
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 | $1,781 | $1,125 | $2,800 |
| UNC Chapel Hill 3 Bedroom Homes for Rent | $2,303 | $1,739 | $2,900 |
| UNC Chapel Hill 4 Bedroom Homes for Rent | $2,760 | $665 | $3,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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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 Estes Park - Students Save Up To 10%! priced from $1,060. The Villages of Chapel Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,076. Here are the most affordable UNC Chapel Hill apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| The Villages of Chapel Hill | The Dover - One Bedroom Townhome | 1BR,1BA | $1,076 |
| Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $1,085 |
| River View | 1A | 1BR,1BA | $1,099 |
| Link Apartments® Calyx | S1 | Studio,1BA | $1,133 |
Best Value Apartments for Rent in UNC Chapel Hill, NC
As of June 22, 2026 the best value apartment in the UNC Chapel Hill area is the $1.58 price per square foot Two Bedroom Two Bath Model at The Reserve at Meadowmont Apartments and Townhomes in the in the Downing Creek neighborhood starting from $1,921. The second greatest value UNC Chapel Hill apartment is the B4 Model at Morgan Reserve starting at $1,929 with a $1.63 price per square foot in the Downing Creek 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 Reserve at Meadowmont Apartments and Townhomes | Two Bedroom Two Bath | 2BR,2BA | $1.58 |
| Morgan Reserve | B4 | 2BR,2BA | $1.63 |
| Bridges at Chapel Hill | B1 | 2BR,2BA | $1.61 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.39 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.43 |
| Royal Park - Students save up to 10%! | Majestic | 2BR,1BA | $1.38 |
| Collins Crossing | b20b | 2BR,2BA | $1.47 |
| Trinity Court Apartments | 1x1 | 1BR,1BA | $1.67 |
| The Villages of Chapel Hill | The Cambridge - One Bedroom Apartment Home | 1BR,1BA | $1.51 |
| River View | 1A | 1BR,1BA | $1.67 |
Frequently Asked Questions about UNC Chapel Hill
What type of rentals are currently available in UNC Chapel Hill?
There are currently 104 Apartments for Rent in UNC Chapel Hill, NC with pricing that ranges from $800 to $4,000. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in UNC Chapel Hill ranging from $550 to $3,900.
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 $550 to $3,900 with an average monthly rent of $1,960.
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 $1,140 to $3,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,739 to $2,900. Four Bedroom Single-Family rentals are also available starting from $665 and Four Bedroom Apartments start at $1,140.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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.
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.