
Cheap Apartments for Rent in the 27516 ZIP Code of Chapel Hill, NC from $300 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in the 27516 ZIP Code area of Chapel Hill.


303 Smith Level Rd, Unit E23

303 Smith Level Rd, Unit 32

303 Smith Level Rd, Unit D24 - C

Room in Townhome on Philip's Square

Trinity Court Apartments

Laurel Ridge Apartments

Kingswood - Students save up to 10%!

Total Monthly Price
1515 Partridgeberry Rd, Unit B

1701 North
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.

Trustee Corner

Landings at Winmore Apartments

500 Umstead Dr

Chapel View

475 Cedar Lake Rd

243 Cedar Terrace Rd

Southern Village Apartments

701 Copperline Dr

206 Andrews Ln

433 Northside Dr
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.

108 Pine St, Unit 6

West End Flats

Chateau Apartments

The Villages of Chapel Hill

Total Monthly Price
Shadowood

Carolina Spring Senior Apartments

135 Kingsbury Dr

Trinity at the Hill

Estes Park - Students Save Up To 10%!

Royal Park - Students save up to 10%!
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.

University Lake

1205 N Greensboro St

River View

Rock Creek Apartments

Total Monthly Price
Bridges at Chapel Hill

Total Monthly Price
Collins Crossing

Ridgewood - Students save up to 10%!

106 Pleasant Dr

Allendale Cottages

114 Wild Primrose Ln
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.

Total Monthly Price
Autumn Woods

Carolina - Students save up to 10%!

Ashbrook Apartments

Knoll at Briar Chapel

178 W Braxton Foushee St, Unit A

1416 Old Lystra Rd, Unit 3

104 Friar Ln

109 W Poplar Ave

93 Lystra Hills Ln

200 Purefoy Rd
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K
Chapel Hill, NC Local Guide

How much does it cost to rent an apartment in 27516?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 27516 Studio Apartments | $1,929 | $958 | $3,278 |
| 27516 1 Bedroom Apartments | $1,831 | $936 | $3,688 |
| 27516 2 Bedroom Apartments | $2,174 | $884 | $4,868 |
| 27516 3 Bedroom Apartments | $3,483 | $1,129 | $8,909 |
| 27516 4 Bedroom Apartments | $2,840 | $1,140 | $7,236 |
Browse Apartments in the 27516 Zip Code of Chapel Hill
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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

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.

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.

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.

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.