Cheap Apartments for Rent in the 27516 ZIP Code of Chapel Hill, NC from $300 (70 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

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit A23

303 Smith Level Rd
Chapel HillNC27516
property at 304 Umstead Dr

$695 - $1,050

Total Monthly Price

Total Monthly Price

Base Rent
$695 - $1,050
Total Monthly Price
$695 - $1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

304 Umstead Dr

Chapel HillNC27516

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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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead 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

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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property at 108 Pine St

$550 - $700

Total Monthly Price

Total Monthly Price

Base Rent
$550 - $700
Total Monthly Price
$550 - $700

1 Bedroom, 1 Bath Home for Rent

Available Soon

108 Pine St

CarrboroNC27510
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Shadowood
$852 - $2,115
Total Monthly Price

Total Monthly Price

Base Rent
$852 - $2,115
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
property at 304 Cedarwood Ln

$1,000 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,600
Total Monthly Price
$1,000 - $1,600

1 To 2 Bedroom Townhomes for Rent

Available Now

304 Cedarwood Ln

CarrboroNC27510

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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Collins Crossing
Rent Specials
$1,232 - $1,802
Total Monthly Price

Total Monthly Price

Base Rent
$1,232 - $1,802
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Collins Crossing

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

$1,235

Total Monthly Price

Total Monthly Price

Base Rent
$1,235
Total Monthly Price
$1,235

2 Bedroom, 1 Bath Home for Rent

Available Now

114 Wild Primrose Ln

Chapel HillNC27514

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.

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Autumn Woods
Rent Specials
$1,305 - $2,817
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $2,817
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

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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Showing Results 1-50, Page 1 of 2

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 Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham article

Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.