
Cheap Apartments for Rent in the Downtown Carrboro Neighborhood of Carrboro, NC from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Carrboro area of Carrboro.


University Lake
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.

Royal Park - Students save up to 10%!

Estes Park - Students save up to 10%!
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Ridgewood - Students save up to 10%!
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Downtown Carrboro, Carrboro, NC Local Guide

How much does it cost to rent an apartment in Downtown Carrboro?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Carrboro Studio Apartments | $1,549 | $1,199 | $1,932 |
Downtown Carrboro 1 Bedroom Apartments | $1,530 | $1,095 | $2,507 |
Downtown Carrboro 2 Bedroom Apartments | $1,650 | $1,070 | $3,575 |
Downtown Carrboro 3 Bedroom Apartments | $1,524 | $1,035 | $2,400 |
Downtown Carrboro 4 Bedroom Apartments | $1,698 | $859 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Carrboro Neighborhood of Carrboro, NC.
See all Apartments in CarrboroExplore Carrboro
Cheapest Available Downtown Carrboro Apartments for Rent
 The cheapest available apartment rental in the Downtown Carrboro area of Carrboro, NC is a 4 Beds unit found at Chapel Ridge priced from $859. Estes Park - Students save up to 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Downtown Carrboro apartments for rent in Carrboro, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Chapel Ridge | 4 BEDROOM, 4 BATH - RENOVATED | 4BR,4BA | $859 |
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $1,125 |
Trinity at the Hill | 2A | 2BR,2BA | $1,126 |
Best Value Apartments for Rent in Downtown Carrboro, NC
As of May 10, 2025 the best value apartment in the Downtown Carrboro area is the $1.49 price per square foot Hatteras Model at Carolina - Students save up to 10%! in the in the Triple Crown Estates neighborhood starting from $1,370. The second greatest value Downtown Carrboro apartment is the 2BR/1.0BA Model at 106 Fidelity/109 W Poplar starting at $1,400 with a $1.56 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Downtown Carrboro apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
106 Fidelity/109 W Poplar | 2BR/1.0BA | 2BR,1BA | $1.56 |
Collins Crossing | b20b | 2BR,2BA | $1.53 |
Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1.66 |
Trinity at the Hill | 1B | 1BR,1BA | $1.90 |
River View | 1A Full Reno | 1BR,1BA | $2.27 |
Chapel Ridge | 1 BEDROOM, 1 BATH | 1BR,1BA | $2.30 |
Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $2.12 |
Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $2.13 |
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $2.12 |
Getting Around the Downtown Carrboro Neighborhood in Carrboro, NC
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Carrboro Apartments
What is the price of a cheap apartment in Downtown Carrboro?
The cheapest apartment in Downtown Carrboro is River View which is listed at $1,095, while the average apartment in Downtown Carrboro costs $1,485.
What types of apartments are the cheapest in Downtown Carrboro?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32 regular apartments in Downtown Carrboro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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