Search the lowest-cost Apartments available for rent right now in the University Place area of Chapel Hill.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Place Studio Apartments | $1,629 | $1,254 | $3,278 |
| University Place 1 Bedroom Apartments | $1,698 | $1,035 | $3,688 |
| University Place 2 Bedroom Apartments | $2,091 | $967 | $4,868 |
| University Place 3 Bedroom Apartments | $2,944 | $1,110 | $7,115 |
| University Place 4 Bedroom Apartments | $2,184 | $1,095 | $7,236 |
There are currently 37 rentals with your search options within a 2 mile radius of the University Place Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillThe cheapest available apartment rental in the University Place area of Chapel Hill, NC is a 1 Bed unit found at Shadowood priced from $1,033. Estes Park - Students Save Up To 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,055. 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 | $1,033 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,055 |
| PineGate - Students save up to 10%! | Cypress | 1BR,1BA | $1,090 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1,125 |
| The Apartments at Midtown 501 | A1 | 1BR,1BA | $1,136 |
| Rise Chapel Hill | A1 Classic | 1BR,1BA | $1,140 |
| Sunstone Apartments | The Citrine | 2BR,1BA | $1,156 |
| Glen Lennox Apartments | 2 Bedroom 1 Bath A | 2BR,1BA | $1,166 |
| Link Apartments® Calyx | A1-A | 1BR,1BA | $1,203 |
| Avana 55Twelve | A2 | 1BR,1BA | $1,209 |
As of March 02, 2026 the best value apartment in the University Place area is the $1.51 price per square foot C1 Model at Avana 55Twelve in the in the Downtown Durham neighborhood starting from $1,862. The second greatest value University Place apartment is the C1 Model at Shortbread Lofts starting at $1,140 with a $0.94 price per square foot in the Triple Crown Estates 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. |
|---|---|---|---|
| Avana 55Twelve | C1 | 3BR,2BA | $1.51 |
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| The Apartments at Midtown 501 | C1 | 3BR,2BA | $1.39 |
| Laurel Ridge Apartments | Rosemary | 2BR,1.5BA | $1.35 |
| Booker Creek - Students save up to 10%! | Serenity at Booker Creek | 2BR,1.5BA | $1.40 |
| Sunstone Apartments | The Emerald | 1BR,1BA | $1.63 |
| Glen Lennox Apartments | 2 Bedroom 1 Bath A | 2BR,1BA | $1.62 |
| Rise Chapel Hill | A1 Classic | 1BR,1BA | $1.63 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1.68 |
| PineGate - Students save up to 10%! | Cypress | 1BR,1BA | $1.68 |
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Read ArticleThe 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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Write a ReviewAmong cities in North Carolina for Apartment listings with Pet Friendly Amenities.
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Place is under $1,209.
The cheapest apartment in University Place is Shadowood which is listed at $1,033, while the average apartment in University Place costs $2,365.
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 359 regular apartments in University Place that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in University Place have an average cost of $1,264 which is $1,101 cheaper than the average rent for all rentals in University Place.
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.
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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