Apartments for Rent in the 27516 ZIP Code of Chapel Hill, NC Under $1,500 (73 Rentals)

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property at 500 Umstead Dr
$1,250 - $1,325
2 Bedroom Rentals
Available Now

500 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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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
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 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
$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

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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The Warehouse
2 to 4 Bedroom Apartments

The Warehouse

316 W Rosemary StChapel Hill, NC 27516
Student Housing
  • Utilities Included
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516
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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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400 Davie Rd, Unit 31
$1,500

Total Monthly Price

Base Rent$1,500
Total Monthly Price$1,500
2 Bedroom Apartment Available Nov 1

400 Davie Rd, Unit 31

400 Davie RdCarrboro, NC 27510
  • Smoke Free

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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Union Chapel Hill
$1,310 - $2,015

Total Monthly Price

Base Rent$1,310 - $2,015
Total Monthly PriceVaries
1 to 4 Bedroom Apartments Available Now

Union Chapel Hill

425 Hillsborough StChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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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
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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

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.

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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

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.

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Showing Results 1-50, Page 1 of 2

Frequently Asked Questions about the 27516 ZIP Code

How much are Studio apartments in 27516?

There are currently 19 Studio Apartments in 27516 with rent ranges from $958 to $1,973 with an average price of $1,610.

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 $700 to $2,717 with an average monthly rent of $1,752.

What does renting a Two Bedroom Apartment in 27516 cost?

The monthly rent prices of Two Bedroom Apartments currently available in 27516 range from $995 to $3,548. Today's average rental price for Two Bedrooms here is $2,075.

How expensive are 27516 Three Bedroom Apartments?

There are currently 39 Three Bedroom Apartments listings available in 27516 on ApartmentHomeLiving.com. The pricing ranges from $1,395 to $6,851 - averaging $2,916 for the location.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.