250 S Estes Dr, Unit 80
250 S Estes Dr
Chapel HillNC27514
Cheap Homes for Rent in the University Place Neighborhood of Chapel Hill, NC from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the University Place area of Chapel Hill.
7 Shepherd Ln
Chapel HillNC27514
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.
1002 Willow Dr
Chapel HillNC27514
1513 E Franklin St
Chapel HillNC27514
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.
108 Ephesus Church Rd
Chapel HillNC27517
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University Place, Chapel Hill, NC Local Guide
How much does it cost to rent a home in University Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Place 2 Bedroom Homes for Rent | $1,670 | $1,400 | $1,950 |
| University Place 3 Bedroom Homes for Rent | $1,715 | $1,695 | $1,750 |
| University Place 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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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- Local Counties
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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 Nova Chapel Hill priced from $1,025. Estes Park - Students Save Up To 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,060. Here are the most affordable University Place apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Nova Chapel Hill | Redwood | 1BR,1BA | $1,025 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| Glen Lennox Apartments | 1 Bedroom 1 Bath A | 1BR,1BA | $1,093 |
Best Value Apartments for Rent in University Place, NC
As of August 08, 2026 the best value apartment in the University Place area is the $1.31 price per square foot Chaucer Model at Notting Hill in the in the South Durham neighborhood starting from $1,740. The second greatest value University Place apartment is the Kenan Model at Laurel Ridge Apartments starting at $1,755 with a $1.39 price per square foot in the Lafayette 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. |
|---|---|---|---|
| Notting Hill | Chaucer | 3BR,2BA | $1.31 |
| Laurel Ridge Apartments | Kenan | 3BR,2BA | $1.39 |
| Avana 55Twelve | C1 | 3BR,2BA | $1.65 |
| Haven at Patterson Place | C3AR | 3BR,3BA | $1.55 |
| Kelby Farms | B1 | 2BR,2BA | $1.57 |
| Cosgrove Hill | A2 | 1BR,1BA | $1.64 |
| Sunstone Apartments | The Emerald | 1BR,1BA | $1.67 |
| Trinity Court Apartments | 1x1 | 1BR,1BA | $1.67 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1.53 |
| Kingswood - Students save up to 10%! | Blue Devil | 2BR,1BA | $1.68 |
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.
Read Article
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 University Place
What type of rentals are currently available in University Place?
There are currently 49 Apartments for Rent in University Place, NC with pricing that ranges from $1,010 to $9,563. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $799 to $3,500.
What is the current price range for Rental Homes in University Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Place ranges from $799 to $3,500 with an average monthly rent of $1,821.
How much are larger Three and Four Bedroom Rentals in University Place?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Place range from $1,395 to $9,563, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $1,750. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $1,310.
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.
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.
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.