Cheap Apartments for Rent in the University Place Neighborhood of Chapel Hill, NC from $400 (11 Rentals)

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Cheap Apartments in the University Place 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 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.

University Place, Chapel Hill, NC Local Guide

Cheapest Available University Place Apartments for Rent

 

The cheapest available apartment rental in the University Place area of Chapel Hill, NC is a 1 Bed unit found at Estes Park - Students save up to 10%! priced from $1,125. Royal Park - Students save up to 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,135. Here are the most affordable University Place apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
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
Lenox at Patterson PlaceDoverStudio,1BA$1,145
Sunstone ApartmentsThe Opal1BR,1BA$1,211
PineGate - Students save up to 10%!Cypress1BR,1BA$1,240

Best Value Apartments for Rent in University Place, NC

As of May 05, 2025 the best value apartment in the University Place area is the $1.49 price per square foot Hatteras Model at Carolina - Students save up to 10%! in the in the Triple Crown Estates neighborhood starting from $1,370. The second greatest value University Place apartment is the The Emerald Model at Sunstone Apartments starting at $1,500 with a $1.80 price per square foot in the Marena Place neighborhood. Here is today’s list of the best values for University Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
Sunstone ApartmentsThe Emerald1BR,1BA$1.80
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.66
Crowne at 501Dalton1BR,1BA$2.05
Bell Chapel HillA1A1BR,1BA$2.52
PineGate - Students save up to 10%!Cypress1BR,1BA$1.91
1701 North ApartmentsZellerStudio ,1BA$2.59
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
Lenox at Patterson PlaceDoverStudio ,1BA$2.29

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Pet Friendly Lifestyle
University Place, Chapel Hill, NC

Ranked #12

Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the University Place Neighborhood in Chapel Hill, NC

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

35 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap University Place Apartments

What is the Cheapest Studio apartment in University Place?

Currently the most affordable Cheap Studio Apartment in University Place is at Lenox at Patterson Place listed at $1,145.

How much is rent for a Cheap One Bedroom University Place Apartment?

The lowest price for a Cheap One Bedroom University Place Apartment is $1,125 at Estes Park - Students save up to 10%!.

What is the lowest price for a Cheap Two Bedroom University Place Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University Place is starting from $1,299 at Lenox at Patterson Place.

What is the most affordable University Place Three Bedroom Apartment?

The best deal on a cheap University Place Three Bedroom Apartment rental is at Lenox at Patterson Place and starts from $1,566.

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.

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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.

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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.