Cheap Apartments for Rent in the 27516 ZIP Code of Chapel Hill, NC from $300 (68 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

Base Rent$625
Total Monthly Price$625
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

303 Smith Level Rd

Chapel HillNC27516
  • Smoke Free
property at 303 Smith Level Rd
$625 - $1,950
1 To 4 Bedroom Rentals
Available Now
Furnished

303 Smith Level Rd

Chapel HillNC27516
property at 303 Smith Level Rd
$775

Total Monthly Price

Base Rent$775
Total Monthly Price$775
1 Bedroom, 1 Bath Condo for Rent
Available Jul 1, 2027
Furnished

303 Smith Level Rd, Unit 32

303 Smith Level Rd
Chapel HillNC27516
  • Smoke Free
property at 1521 Partridgeberry Rd
$1,250 - $1,275

Total Monthly Price

Base Rent$1,250 - $1,275
Total Monthly Price$1,250 - $1,275
2 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

1521 Partridgeberry Rd

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 - $1,325
2 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

Total Monthly Price

Base Rent$550
Total Monthly Price$550
1 Bedroom, 1 Bath Home for Rent
Available Now

108 Pine St, Unit 6

108 Pine St
CarrboroNC27510
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Shadowood
$1,020 - $1,897

Total Monthly Price

Base Rent$1,020 - $1,897
Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

Shadowood

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

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
$1,149 - $1,869

Total Monthly Price

Base Rent$1,149 - $1,869
Total Monthly Price$1,149 - $1,869
2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Autumn Woods
Rent Specials
$1,208 - $2,717

Total Monthly Price

Base Rent$1,208 - $2,717
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Autumn Woods

222 Old Fayetteville RdCarrboro, NC 27510
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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property at 207 Ashley Forest Rd
$1,350

Total Monthly Price

Base Rent$1,350
Total Monthly Price$1,350
2 Bedroom, 1.5 Bath Condo for Rent
Available Now
Furnished

207 Ashley Forest Rd, Unit 207

207 Ashley Forest Rd
Chapel HillNC27514
property at 137 Oak St
$1,400

Total Monthly Price

Base Rent$1,400
Total Monthly Price$1,400
Studio, 1 Bath Home for Rent
Available Oct 1

137 Oak St, Unit 137 Oak St.

137 Oak St
CarrboroNC27510
  • Smoke Free
property at 122 Marlowe Ct
$1,400

Total Monthly Price

Base Rent$1,400
Total Monthly Price$1,400
2 Bedroom, 2.5 Bath Townhome for Rent
Available Now

122 Marlowe Ct

CarrboroNC27510
  • Smoke Free

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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.