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


130 S Estes Dr, Unit E5

Sunstone Apartments

PineGate - Students save up to 10%!

Kingswood - Students save up to 10%!
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.

130 S Estes Dr

Estes Park - Students save up to 10%!

Royal Park - Students save up to 10%!

Lenox at Patterson Place
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.

Carolina - Students save up to 10%!
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 | $1,801 | $935 | $2,716 |
University Place 1 Bedroom Apartments | $2,026 | $1,125 | $5,560 |
University Place 2 Bedroom Apartments | $2,194 | $1,299 | $5,970 |
University Place 3 Bedroom Apartments | $2,690 | $1,566 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the University Place Neighborhood of Chapel Hill, NC.
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University Place, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $1,125 |
Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,135 |
Lenox at Patterson Place | Dover | Studio,1BA | $1,145 |
Sunstone Apartments | The Opal | 1BR,1BA | $1,211 |
PineGate - Students save up to 10%! | Cypress | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
Sunstone Apartments | The Emerald | 1BR,1BA | $1.80 |
Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1.66 |
Crowne at 501 | Dalton | 1BR,1BA | $2.05 |
Bell Chapel Hill | A1A | 1BR,1BA | $2.52 |
PineGate - Students save up to 10%! | Cypress | 1BR,1BA | $1.91 |
1701 North Apartments | Zeller | Studio ,1BA | $2.59 |
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $2.08 |
Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $2.10 |
Lenox at Patterson Place | Dover | Studio ,1BA | $2.29 |
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Pet Friendly LifestyleUniversity Place, Chapel Hill, NC
Ranked #12
Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.