
Apartments for Rent in the 27516 ZIP Code of Chapel Hill, NC Under $1,500 (50 Rentals)


Carraway Village

303 Smith Level Rd, Unit 32

Laurel Ridge Apartments

Shortbread Lofts

209 Cates Farm Rd
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

103 Old Fayetteville Rd, Unit 1 bedroom apartment

1500 Partridgeberry Rd, Unit A

Room in Townhome on Philip's Square

500 Umstead Dr

717 Barlow St

Estes Park - Students save up to 10%!
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.

Carolina - Students save up to 10%!

Royal Park - Students save up to 10%!

Ashbrook Apartments

Ridgewood - Students save up to 10%!

University Lake

Trinity at the Hill

Solano at Chapel Hill

Autumn Woods

Shadowood

Chapel Hill North

Knoll at Briar Chapel

Chateau Apartments - New
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Collins Crossing

LYV Chapel Hill

West End Flats

University Apartments Chapel Hill

River View

Union Chapel Hill

The Villages of Chapel Hill

Carolina Spring Senior Apartments

Rock Creek Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

106 Fidelity/109 W Poplar

Allendale Cottages

Bridges at Chapel Hill

106 Fidelity St

135 Kingsbury Dr

213 Cedarwood Ln

529 Hillsborough St

30 Holland Dr

875 M.L.K. Jr Blvd
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 | $1,642 | $1,200 | $1,836 |
27516 1 Bedroom Apartments | $1,773 | $650 | $4,257 |
27516 2 Bedroom Apartments | $2,115 | $949 | $5,936 |
27516 3 Bedroom Apartments | $3,335 | $1,240 | $9,400 |
27516 4 Bedroom Apartments | $1,398 | $1,225 | $2,500 |
Browse Apartments in the 27516 Zip Code of Chapel Hill
Explore Chapel Hill

Chapel Hill, NC Local Guide
- Chapel Hill Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about the 27516 ZIP Code
How much are Studio apartments in 27516?
There are currently 9 Studio Apartments in 27516 with rent ranges from $1,200 to $1,836 with an average price of $1,642.
What is the current price range for One Bedroom 27516 Apartments for rent?
Today's rental pricing for One Bedroom Apartments in 27516 ranges from $650 to $4,257 with an average monthly rent of $1,773.
What does renting a Two Bedroom Apartment in 27516 cost?
The monthly rent prices of Two Bedroom Apartments currently available in 27516 range from $949 to $5,936. Today's average rental price for Two Bedrooms here is $2,115.
How expensive are 27516 Three Bedroom Apartments?
There are currently 30 Three Bedroom Apartments listings available in 27516 on ApartmentHomeLiving.com. The pricing ranges from $1,240 to $9,400 - averaging $3,335 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.