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$950 - $4,328Studio to 2 Bedroom Apartments Available Now
Link Apartments® Calyx
55 Maxwell RdChapel Hill, NC 27517
Cheap Apartments for Rent in the University Place Neighborhood of Chapel Hill, NC from $425 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Place area of Chapel Hill.
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$1,087 - $1,749
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,087 - $1,749
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Shadowood
110 Piney Mountain RdChapel Hill, NC 27514
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$1,090 - $1,8301 to 2 Bedroom Apartments Available Now
PineGate - Students save up to 10%!
100 Pinegate CirChapel Hill, NC 27514
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$1,095 - $2,6971 to 3 Bedroom Apartments Available Now
Glen Lennox Apartments
140 Hamilton RdChapel Hill, NC 27517
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$1,135 - $1,9951 to 3 Bedroom Apartments Available Now
Laurel Ridge Apartments
1100 W Highway 54 BypChapel Hill, NC 27516
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$1,135 - $1,8501 to 2 Bedroom Apartments Available Now
Kingswood - Students save up to 10%!
1105 Highway 54 BypassChapel Hill, NC 27516
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$1,152 - $1,5431 to 2 Bedroom Apartments Available Sep 5
Sagebrook of Chapel Hill
103 Melville LoopChapel Hill, NC 27514
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$1,230 - $3,3071 to 3 Bedroom Apartments Available Sep 3
The Apartments at Midtown 501
545 Ashley CtChapel Hill, NC 27514
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,250 - $3,9211 to 2 Bedroom Apartments Available Now
Link Apartments® Linden
411 Flemington RdChapel Hill, NC 27514
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$1,349 - $2,7351 to 3 Bedroom Apartments Available Now
1701 North
1701 Martin Luther King Jr BlvdChapel Hill, NC 27516
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$1,353 - $4,094
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$1,353 - $4,094
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The Hartley at Blue Hill
625 S Elliott RdChapel Hill, NC 27517
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$1,373 - $3,5611 to 2 Bedroom Apartments Available Now
Environs Lofts at East 54
5000 Environ WayChapel Hill, NC 27517
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$1,374 - $2,501Studio to 3 Bedroom Apartments Available Now
Chapel Hill North
200 Perkins DrChapel Hill, NC 27514
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$1,379 - $2,059
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$1,379 - $2,059
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Sunstone Apartments
208 Conner DrChapel Hill, NC 27514
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$1,384 - $3,944Studio to 3 Bedroom Apartments Available Now
Atlas Blue Hill
1301 Fordham BlvdChapel Hill, NC 27514
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$1,391 - $3,3231 to 3 Bedroom Apartments Available Now
Cosgrove Hill
300 Cosgrove AveChapel Hill, NC 27514
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,394 - $2,343
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$1,394 - $2,343
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The Morgan at Chapel Hill
100 Spring Meadow DrChapel Hill, NC 27517
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$1,395 - $1,6451 Bedroom Apartments Available Now
University Apartments Chapel Hill
600 Martin Luther King Jr BlvdChapel Hill, NC 27514
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$1,405 - $2,864Studio to 2 Bedroom Apartments Available Now
Bell Chapel Hill
1300 Fordham BlvdChapel Hill, NC 27514
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$1,416 - $3,884
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$1,416 - $3,884
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Notting Hill
100 Drew Hill LnChapel Hill, NC 27514
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$1,420 - $2,918Studio to 3 Bedroom Apartments Available Now
Trilogy Chapel Hill
1000 Novus LnChapel Hill, NC 27514
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$1,500 - $2,1551 to 2 Bedroom Apartments Available Oct 8
Franklin Woods - Students: Save up to 10%!
1521 E Franklin StChapel Hill, NC 27514
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$1,500 - $4,298
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$1,500 - $4,298
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900 Willow
900 Willow DrChapel Hill, NC 27514
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1 to 4 Bedroom Apartments
Elliot Wood Apartments
106 N Elliott RdChapel Hill, NC 27514
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
1002 Willow Dr
Chapel HillNC27514
7 Shepherd Ln
Chapel HillNC27514
108 Ephesus Church Rd
Chapel HillNC27517
1513 E Franklin St
Chapel HillNC27514
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$985 - $2,3901 to 3 Bedroom Apartments Available Now
Nova Chapel Hill
5639 Old Chapel Hill RdDurham, NC 27707
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$1,075 - $1,5151 to 2 Bedroom Apartments Available Now
Estes Park - Students Save Up To 10%!
306 Estes DrCarrboro, NC 27510
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$1,256 - $2,322
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$1,256 - $2,322
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Haven at Patterson Place
5110 Old Chapel Hill RdDurham, NC 27707
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$1,287 - $7,237
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$1,287 - $7,237
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Avana 55Twelve
5512 Sunlight DrDurham, NC 27707
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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$1,426 - $2,543
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Studio to 3 Bedroom Apartments Available Sep 2Total Monthly Price
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$1,426 - $2,543
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$1,426 - $2,543
Kelby Farms
1122 Medlin RdDurham, NC 27707
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$1,484 - $2,3431 to 3 Bedroom Apartments Available Now
Crowne at 501
2031 Honeycutt DrDurham, NC 27707
Showing Results 1-34, 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 | $1,451 | $950 | $2,038 |
| University Place 1 Bedroom Apartments | $1,728 | $985 | $4,616 |
| University Place 2 Bedroom Apartments | $2,073 | $1,135 | $5,409 |
| University Place 3 Bedroom Apartments | $2,863 | $1,367 | $7,583 |
| University Place 4 Bedroom Apartments | $1,956 | $1,310 | $3,864 |
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 34 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
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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 Studio unit found at Link Apartments® Calyx priced from $950. Nova Chapel Hill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here are the most affordable University Place apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Link Apartments® Calyx | S1 | Studio,1BA | $950 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $985 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,075 |
| Shadowood | The Oak | 1BR,1BA | $1,087 |
| Glen Lennox Apartments | 1 Bedroom 1 Bath A | 1BR,1BA | $1,095 |
| Laurel Ridge Apartments | Laurel | 1BR,1BA | $1,135 |
| Kingswood - Students save up to 10%! | Blue Devil | 2BR,1BA | $1,135 |
| Link Apartments® Linden | A2 | 1BR,1BA | $1,250 |
| Avana 55Twelve | A2 | 1BR,1BA | $1,287 |
| Chapel Ridge | 1 BEDROOM, 1 BATH | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in University Place, NC
As of August 30, 2026 the best value apartment in the University Place area is the $1.12 price per square foot 502 Whitaker Street Model at 502 Whitaker Street, Unit B in the in the Triple Crown Estates neighborhood starting from $1,675. The second greatest value University Place apartment is the 3x2 Model at Trinity Court Apartments starting at $1,850 with a $1.55 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. |
|---|---|---|---|
| 502 Whitaker Street, Unit B | 502 Whitaker Street | 3BR,1BA | $1.12 |
| Trinity Court Apartments | 3x2 | 3BR,2BA | $1.55 |
| The Reserve at Meadowmont Apartments and Townhomes | Two Bedroom One Bath | 2BR,1BA | $1.79 |
| PineGate - Students save up to 10%! | Maple | 2BR,2BA | $1.49 |
| Haven at Patterson Place | B2AR2 | 2BR,2BA | $1.70 |
| Cosgrove Hill | A1 | 1BR,1BA | $1.62 |
| Avana 55Twelve | A2 | 1BR,1BA | $1.51 |
| Laurel Ridge Apartments | Laurel | 1BR,1BA | $1.41 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1.47 |
| Kingswood - Students save up to 10%! | Blue Devil | 2BR,1BA | $1.70 |
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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Pet Friendly LifestyleUniversity Place, Chapel Hill, NC
Ranked #4
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 $1,299.
What is the price of a cheap apartment in University Place?
The cheapest apartment in University Place is Nova Chapel Hill which is listed at $985, while the average apartment in University Place costs $1,775.
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 278 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 $911 which is $864 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.