Cheap Homes for Rent in Orange County, NC from $500 (20 Rentals)

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

property at 303 Smith Level Rd

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit A23

303 Smith Level Rd
Chapel HillNC27516
property at 108 Pine St

$550 - $700

Total Monthly Price

Total Monthly Price

Base Rent
$550 - $700

Total Monthly Price
$550 - $700

1 Bedroom, 1 Bath Home for Rent

Available Soon

108 Pine St

CarrboroNC27510
property at 304 Umstead Dr

$695 - $1,050

Total Monthly Price

Total Monthly Price

Base Rent
$695 - $1,050

Total Monthly Price
$695 - $1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

304 Umstead Dr

Chapel HillNC27516

Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 1002 Willow Dr

$1,200 - $1,595

1 To 2 Bedroom Rentals

Available Now

1002 Willow Dr

Chapel HillNC27514
property at 114 Wild Primrose Ln

$1,235

Total Monthly Price

Total Monthly Price

Base Rent
$1,235

Total Monthly Price
$1,235

2 Bedroom, 1 Bath Home for Rent

Available Now

114 Wild Primrose Ln

Chapel HillNC27514

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.

property at 500 Umstead Dr

$1,250 - $1,495

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516

Cheapest Available Orange County Apartments for Rent

 

The cheapest available apartment rental in Orange County, NC is a 1 Bed unit found at Shadowood in the Triple Crown Estates neighborhood priced from $838. Chateau Apartments in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Orange County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$838
Chateau ApartmentsOne Bedroom1BR,1BA$925
Berkshire 54Cranwell R22BR,1BA$949
The Villages of Chapel HillNCVCH S1 0x1 575sqft - BrightonStudio,1BA$958
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1,049

Best Value Apartments for Rent in Orange County, NC

As of July 21, 2026 the best value apartment in the Orange County area is the $1.08 price per square foot D2 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,575. The second greatest value Orange County apartment is the C1 Model at The Apartments at Midtown 501 starting at $1,510 with a $1.31 price per square foot in the Sayward Drive 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.
Shortbread LoftsD24BR,4BA$1.08
The Apartments at Midtown 501C13BR,2BA$1.31
Dobbins Hill Apartment Homes3 Bedroom 2 Bath3BR,2BA$1.40
Ashbury Square ApartmentsTwo Bedroom Two Bath2BR,2BA$1.18
Berkshire 54Lenox - Renovated2BR,1BA$1.32
West Village Apartments3 bedroom Classic3BR,2BA$1.48
Laurel Ridge ApartmentsColumbia2BR,1BA$1.39
Royal Park - Students save up to 10%!Majestic2BR,1BA$1.21
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1.31
Chateau ApartmentsOne Bedroom1BR,1BA$1.16

Frequently Asked Questions about Orange County

What type of rentals are currently available in Orange County?

There are currently 186 Apartments for Rent in Orange County, NC with pricing that ranges from $850 to $6,331. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orange County ranging from $550 to $5,000.

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 $5,000 with an average monthly rent of $2,113.

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 $1,365 to $6,331, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $4,000. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $1,295.

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 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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.