Cheap Apartments for Rent in the 27516 ZIP Code of Chapel Hill, NC from $300 (50 Rentals)

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

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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

$1,000 - $1,500

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

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.

property at 701 Copperline Dr

$1,499 - $2,100

1 To 2 Bedroom Rentals

Available Now

701 Copperline Dr

Chapel HillNC27516
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Shadowood
Rent Specials
$946 - $1,633
Total Monthly Price

Total Monthly Price

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$946 - $1,633

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Shadowood

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

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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River View
Rent Specials
$1,133 - $1,583
Total Monthly Price

Total Monthly Price

Base Rent
$1,133 - $1,583

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

River View

201 Westbrook DrCarrboro, NC 27510
  • Verified
  • Customer Reviewed
  • 3D Tour
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Collins Crossing
Rent Specials
$1,221 - $1,870
Total Monthly Price

Total Monthly Price

Base Rent
$1,221 - $1,870

Total Monthly Price
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2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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
$1,317 - $3,371
Total Monthly Price

Total Monthly Price

Base Rent
$1,317 - $3,371

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Autumn Woods

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

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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Poplar Place
1 to 2 Bedroom Apartments

Poplar Place

605 Jones Ferry RdCarrboro, NC 27510
Corporate Housing
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Timber Hollow
1 to 2 Bedroom Apartments

Timber Hollow

101 Timber Hollow CtChapel Hill, NC 27514
property at 1414 Old Lystra Rd

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Condo for Rent

Available Now

1414 Old Lystra Rd, Unit 3, Unit 3

1414 Old Lystra Rd
Chapel HillNC27517
property at 1416 Old Lystra Rd

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Condo for Rent

Available Now

1416 Old Lystra Rd, Unit 6, Unit 6

1416 Old Lystra Rd
Chapel HillNC27514
property at 1416 Old Lystra Rd

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Condo for Rent

Available Now

1416 Old Lystra Rd, Unit 3, Unit 3

1416 Old Lystra Rd
Chapel HillNC27514
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.