Cheap Apartments for Rent in the 27516 ZIP Code of Chapel Hill, NC from $300 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 27516 ZIP Code area of Chapel Hill.

property at 303 Smith Level Rd

$625

Total Monthly Price

Total Monthly Price

Base Rent
$625
Total Monthly Price
$625

1 Bedroom, 1 Bath Condo for Rent

Available Now

303 Smith Level Rd

Chapel HillNC27516
property at 303 Smith Level Rd

$735

Total Monthly Price

Total Monthly Price

Base Rent
$735
Total Monthly Price
$735

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit D24 - C

303 Smith Level Rd
Chapel HillNC27516

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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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
property at 500 Umstead Dr

$1,250 - $1,495

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 108 Pine St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

108 Pine St, Unit 6

108 Pine St
CarrboroNC27510
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Shadowood
Rent Specials
$982 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$982 - $2,155
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Collins Crossing
Rent Specials
$1,189 - $1,391
Total Monthly Price

Total Monthly Price

Base Rent
$1,189 - $1,391
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
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  • Customer Reviewed
  • 3D Tour
property at 114 Wild Primrose Ln

$1,265

Total Monthly Price

Total Monthly Price

Base Rent
$1,265
Total Monthly Price
$1,265

2 Bedroom, 1 Bath Home for Rent

Available Now

114 Wild Primrose Ln

Chapel HillNC27514

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.

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Autumn Woods
Rent Specials
$1,298 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$1,298 - $2,849
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Autumn Woods

222 Old Fayetteville RdCarrboro, NC 27510
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 104 Friar Ln

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

104 Friar Ln

CarrboroNC27510
property at 200 Purefoy Rd

$1,450 - $1,650

1 Bedroom Rentals

Available Now

200 Purefoy Rd

Chapel HillNC27514

Durham's Best Affordable Neighborhoods

Learn about Durham and the best places to live with original content written by Local Expert Billy K

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Frequently Asked Questions about Cheap the 27516 ZIP Code Apartments

What is the lowest price for a Cheap Two Bedroom 27516 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 27516 is starting from $1,500 at Cielo Verde Apartments.

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

decorative image for Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC article

Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.