close
View Me
Rent Specials
from $935Studio to 3 Bedroom Apartments Available Now
The Hartley at Blue Hill
625 S Elliott RdChapel Hill, NC 27517
Cheap Apartments for Rent in the University Place Neighborhood of Chapel Hill, NC from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Place area of Chapel Hill.
135 Kingsbury Dr
Chapel HillNC27514
close
View Me
Rent Specials
from $1,106Studio to 2 Bedroom Apartments Available Now
Link Apartments® Calyx
55 Maxwell RdChapel Hill, NC 27517
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.
close
View Me
Rent Specials
from $1,1161 to 2 Bedroom Apartments Available Jun 28
Sagebrook of Chapel Hill
103 Melville LoopChapel Hill, NC 27514
close
View Me
from $1,1181 to 2 Bedroom Apartments Available Now
Shadowood
110 Piney Mountain RdChapel Hill, NC 27514
close
View Me
Rent Specials
from $1,1251 to 3 Bedroom Apartments Available Now
Laurel Ridge Apartments
1100 W Highway 54 BypChapel Hill, NC 27516
close
View Me
from $1,1671 to 2 Bedroom Apartments Available Now
Sunstone Apartments
208 Conner DrChapel Hill, NC 27514
close
View Me
Rent Specials
from $1,2301 to 2 Bedroom Apartments Available Now
PineGate - Students save up to 10%!
100 Pinegate CirChapel Hill, NC 27514
close
View Me
Rent Specials
from $1,2701 to 2 Bedroom Apartments Available Now
LYV Chapel Hill
200 Westminster DrChapel Hill, NC 27514
close
View Me
from $1,2721 to 3 Bedroom Apartments Available Jun 25
Glen Lennox Apartments
140 Hamilton RdChapel Hill, NC 27517
close
View Me
Rent Specials
from $1,2951 Bedroom Apartments Available Sep 5
University Apartments Chapel Hill
600 Martin Luther King Jr BlvdChapel Hill, NC 27514
close
View Me
Rent Specials
from $1,3001 to 2 Bedroom Apartments Available Now
Kingswood - Students save up to 10%!
1105 Highway 54 BypassChapel Hill, NC 27516
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
130 S Estes Dr
Chapel HillNC27514
close
View Me
Rent Specials
from $1,0851 to 3 Bedroom Apartments Available Now
Nova Chapel Hill
5639 Old Chapel Hill RdDurham, NC 27707
close
View Me
Rent Specials
from $1,1001 to 2 Bedroom Apartments Available Now
Estes Park - Students save up to 10%!
306 Estes DrCarrboro, NC 27510
close
View Me
Rent Specials
from $1,2251 to 3 Bedroom Apartments Available Now
Haven at Patterson Place
5110 Old Chapel Hill RdDurham, NC 27707
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
Showing Results 1-18, 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 | $1,676 | $935 | $2,115 |
| University Place 1 Bedroom Apartments | $1,819 | $1,000 | $4,257 |
| University Place 2 Bedroom Apartments | $2,063 | $1,240 | $5,936 |
| University Place 3 Bedroom Apartments | $2,220 | $1,240 | $7,442 |
| University Place 4 Bedroom Apartments | $1,276 | $1,225 | $1,420 |
Browse Apartments in this Neighborhood
There are currently 18 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
- ZIP codes
- Local Counties
- School Districts
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 $1,100. Link Apartments® Calyx has the second lowest priced unit, which is a Studio apartment currently listed from $1,106. 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 | $1,100 |
| Link Apartments® Calyx | S1 | Studio,1BA | $1,106 |
| Shadowood | The Oak | 1BR,1BA | $1,118 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1,130 |
| Sunstone Apartments | The Emerald | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in University Place, NC
As of June 24, 2025 the best value apartment in the University Place area is the $1.69 price per square foot Two Bedroom One Bath & Sunroom Model at The Reserve at Meadowmont Apartments and Townhomes in the in the Downing Creek neighborhood starting from $1,920. The second greatest value University Place apartment is the Essex Model at Notting Hill starting at $1,432 with a $1.28 price per square foot in the South 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. |
|---|---|---|---|
| The Reserve at Meadowmont Apartments and Townhomes | Two Bedroom One Bath & Sunroom | 2BR,1BA | $1.69 |
| Notting Hill | Essex | 2BR,2BA | $1.28 |
| Avana 55Twelve | B2 | 2BR,2BA | $1.56 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.35 |
| Cosgrove Hill | A2 | 1BR,1BA | $1.70 |
| Sunstone Apartments | The Emerald | 1BR,1BA | $1.61 |
| Union Chapel Hill | B2 | 2BR,2BA | $1.74 |
| LYV Chapel Hill | A1 | 1BR,1BA | $1.81 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1.62 |
| PineGate - Students save up to 10%! | Cypress | 1BR,1BA | $1.90 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the University Place area?
If you’re an expert on all things University Place, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleUniversity Place, Chapel Hill, NC
Ranked #4
Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet 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 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 $1,304.
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 $1,085, while the average apartment in University Place costs $1,983.
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 82 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 $692 which is $1,291 cheaper than the average rent for all rentals in University Place.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.