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$815 - $2,122
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$815 - $2,122
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Shadowood
110 Piney Mountain RdChapel Hill, NC 27514
Cheap Apartments for Rent in the University Place Neighborhood of Chapel Hill, NC from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Place area of Chapel Hill.
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$1,075 - $2,2651 to 2 Bedroom Apartments Available Now
PineGate - Students save up to 10%!
100 Pinegate CirChapel Hill, NC 27514
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$1,083 - $4,328Studio to 2 Bedroom Apartments Available Now
Link Apartments® Calyx
55 Maxwell RdChapel Hill, NC 27517
250 S Estes Dr, Unit 80
250 S Estes Dr
Chapel HillNC27514
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$1,140 - $2,3251 to 2 Bedroom Apartments Available Now
Kingswood - Students save up to 10%!
1105 Highway 54 BypassChapel Hill, NC 27516
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$1,165 - $1,9951 to 3 Bedroom Apartments Available Now
Laurel Ridge Apartments
1100 W Highway 54 BypChapel Hill, NC 27516
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$1,168 - $3,4791 to 3 Bedroom Apartments Available Now
Glen Lennox Apartments
140 Hamilton RdChapel Hill, NC 27517
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.
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$1,195 - $3,6421 to 3 Bedroom Apartments Available Now
The Apartments at Midtown 501
545 Ashley CtChapel Hill, NC 27514
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$1,200 - $1,812
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$1,200 - $1,812
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Sunstone Apartments
208 Conner DrChapel Hill, NC 27514
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$1,244 - $4,708
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1 to 3 Bedroom Apartments Available Jul 17Total Monthly Price
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$1,244 - $4,708
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Notting Hill
100 Drew Hill LnChapel Hill, NC 27514
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$1,247 - $1,5651 to 2 Bedroom Apartments Available Jul 25
Sagebrook of Chapel Hill
103 Melville LoopChapel Hill, NC 27514
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$1,250 - $1,8501 to 3 Bedroom Apartments Available Now
Trinity Court Apartments
751 Trinity CtChapel Hill, NC 27516
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$1,317 - $3,5611 to 2 Bedroom Apartments Available Now
Environs Lofts at East 54
5000 Environ WayChapel Hill, NC 27517
1617 Old Oxford Rd
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.
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$1,382 - $2,892Studio to 3 Bedroom Apartments Available Now
Trilogy Chapel Hill
1000-2000 Novus LnChapel Hill, NC 27514
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$1,388 - $4,1861 to 2 Bedroom Apartments Available Now
Link Apartments® Linden
411 Flemington RdChapel Hill, NC 27514
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$1,395 - $1,6201 Bedroom Apartments Available Now
University Apartments Chapel Hill
600 Martin Luther King Jr BlvdChapel Hill, NC 27514
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$1,399 - $2,0501 to 3 Bedroom Apartments Available Jul 27
1701 North
1701 Martin Luther King Jr BlvdChapel Hill, NC 27516
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1 to 4 Bedroom Apartments
Elliot Wood Apartments
106 N Elliott RdChapel Hill, NC 27514
6 Shepherd Ln
Chapel HillNC27514
108 Ephesus Church Rd
Chapel HillNC27517
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
D2 Shepherd Ln
Chapel HillNC27514
2 Shepherd Ln
Chapel HillNC27514
7 Shepherd Ln
Chapel HillNC27514
1002 Willow Dr
Chapel HillNC27514
1513 E Franklin St
Chapel HillNC27514
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$885 - $2,3901 to 3 Bedroom Apartments Available Now
Nova Chapel Hill
5639 Old Chapel Hill RdDurham, NC 27707
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$1,085 - $1,8951 to 2 Bedroom Apartments Available Now
Estes Park - Students Save Up To 10%!
306 Estes DrCarrboro, NC 27510
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.
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$1,255 - $2,046
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$1,255 - $2,046
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Haven at Patterson Place
5110 Old Chapel Hill RdDurham, NC 27707
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$1,374 - $5,117
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Avana 55Twelve
5512 Sunlight DrDurham, NC 27707
Showing Results 1-30, Page 1 of 1
University Place, Chapel Hill, NC Local Guide
How much does it cost to rent an apartment in University Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Place Studio Apartments | $1,448 | $1,083 | $2,038 |
| University Place 1 Bedroom Apartments | $1,768 | $885 | $4,500 |
| University Place 2 Bedroom Apartments | $2,095 | $1,063 | $5,117 |
| University Place 3 Bedroom Apartments | $2,889 | $1,365 | $8,191 |
| University Place 4 Bedroom Apartments | $1,774 | $1,295 | $3,829 |
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 30 rentals with your search options within a 2 mile radius of the University Place Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
University Place, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
- Nearby Cities
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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 Shadowood priced from $815. Nova Chapel Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable University Place apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shadowood | The Oak | 1BR,1BA | $815 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1,015 |
| PineGate - Students save up to 10%! | Cypress | 1BR,1BA | $1,075 |
| Link Apartments® Calyx | S1 | Studio,1BA | $1,083 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,085 |
| Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1,140 |
| Glen Lennox Apartments | 1 Bedroom 1 Bath A | 1BR,1BA | $1,168 |
| Sunstone Apartments | The Citrine | 2BR,1BA | $1,200 |
| Trinity Court Apartments | 1x1 | 1BR,1BA | $1,250 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1,275 |
Best Value Apartments for Rent in University Place, NC
As of July 16, 2026 the best value apartment in the University Place area is the $1.08 price per square foot D2 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,575. The second greatest value University Place apartment is the B2 Model at Kelby Farms starting at $1,991 with a $1.54 price per square foot in the Downtown Durham neighborhood. Here is today’s list of the best values for University Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shortbread Lofts | D2 | 4BR,4BA | $1.08 |
| Kelby Farms | B2 | 2BR,2BA | $1.54 |
| Cosgrove Hill | B2 | 2BR,2BA | $1.48 |
| The Apartments at Midtown 501 | B1 | 2BR,2BA | $1.18 |
| Dobbins Hill Apartment Homes | 3 Bedroom 2 Bath | 3BR,2BA | $1.40 |
| Haven at Patterson Place | B2AR2 | 2BR,2BA | $1.59 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.39 |
| Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1.43 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1.51 |
| Shadowood | The Oak | 1BR,1BA | $1.53 |
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.
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Real 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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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 LifestyleUniversity Place, Chapel Hill, NC
Ranked #3
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap University Place Apartments
What is a cheap apartment in University Place?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Place is under $1,275.
What is the price of a cheap apartment in University Place?
The cheapest apartment in University Place is Shadowood which is listed at $815, while the average apartment in University Place costs $2,475.
What types of apartments are the cheapest in University Place?
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 265 regular apartments in University Place 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 University Place?
Cheap apartments in University Place have an average cost of $902 which is $1,573 cheaper than the average rent for all rentals in University Place.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
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.