Cheap Homes for Rent in Orange County, NC from $500 (22 Rentals)

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Search the lowest-cost Homes available for rent right now in Orange County.

property at 108 Pine St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

108 Pine St, Unit 6

108 Pine St
CarrboroNC27510
property at 303 Smith Level Rd

$625

Total Monthly Price

Total Monthly Price

Base Rent
$625

Total Monthly Price
$625

1 Bedroom, 1 Bath Condo for Rent

Available Now

303 Smith Level Rd

Chapel HillNC27516
property at 303 Smith Level Rd

$735

Total Monthly Price

Total Monthly Price

Base Rent
$735

Total Monthly Price
$735

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit D24 - C

303 Smith Level Rd
Chapel HillNC27516

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

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property at 500 Umstead Dr

$1,250 - $1,495

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
property at 114 Wild Primrose Ln

$1,265

Total Monthly Price

Total Monthly Price

Base Rent
$1,265

Total Monthly Price
$1,265

2 Bedroom, 1 Bath Home for Rent

Available Now

114 Wild Primrose Ln

Chapel HillNC27514

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 1002 Willow Dr

$1,300 - $1,650

1 To 2 Bedroom Rentals

Available Now

1002 Willow Dr

Chapel HillNC27514

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.

property at 104 Friar Ln

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

104 Friar Ln

CarrboroNC27510

Cheapest Available Orange County Apartments for Rent

 

The cheapest available apartment rental in Orange County, NC is a 2 Beds unit found at Trinity Court Apartments in the Triple Crown Estates neighborhood priced from $884. Chateau Apartments in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Orange County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Court Apartments2x12BR,1BA$884
Chateau ApartmentsOne Bedroom1BR,1BA$949
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$958
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
ShadowoodThe Oak1BR,1BA$1,007

Best Value Apartments for Rent in Orange County, NC

As of June 03, 2026 the best value apartment in the Orange County area is the $1.46 price per square foot B5 Model at Cosgrove Hill in the in the South Durham neighborhood starting from $2,007. The second greatest value Orange County apartment is the B1R Model at Autumn Woods starting at $1,568 with a $1.40 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Orange County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cosgrove HillB52BR,2BA$1.46
Autumn WoodsB1R2BR,2BA$1.40
Booker Creek - Students save up to 10%!Serenity Townhome2BR,1.5BA$1.44
Trinity at the Hill2A2BR,2BA$1.26
The Apartments at Midtown 501A11BR,1BA$1.44
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.43
Berkshire 54Cranwell R2BR,1BA$1.22
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1.40
Laurel Ridge ApartmentsLaurel1BR,1BA$1.41
Chateau ApartmentsOne Bedroom1BR,1BA$1.19

Frequently Asked Questions about Orange County

What type of rentals are currently available in Orange County?

There are currently 183 Apartments for Rent in Orange County, NC with pricing that ranges from $884 to $8,909. There are also 130 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orange County ranging from $550 to $5,580.

What is the current price range for Rental Homes in Orange County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Orange County ranges from $550 to $5,580 with an average monthly rent of $2,392.

How much are larger Three and Four Bedroom Rentals in Orange County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Orange County range from $1,129 to $8,909, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,000. Four Bedroom Single-Family rentals are also available starting from $665 and Four Bedroom Apartments start at $1,140.

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

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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.

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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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.