Cheap Apartments for Rent in Chapel Hill, NC from $400(48 Rentals)

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Elliot Wood Apartments
from $4251 to 4 Bedroom Apartments

Elliot Wood Apartments

106 N Elliott RdChapel Hill, NC 27514
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Trustee Corner
from $775Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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Chapel View
Rent Specials
from $1,0501 to 2 Bedroom Apartments Available Now

Chapel View

2701 Homestead RdChapel Hill, NC 27516
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Laurel Ridge Apartments
from $1,1251 to 3 Bedroom Apartments Available Now

Laurel Ridge Apartments

1100 W Highway 54 BypChapel Hill, NC 27516
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Rock Creek Apartments
from $1,0851 to 2 Bedroom Apartments Available Jan 29, 2025

Rock Creek Apartments

100 Rock Haven RdCarrboro, NC 27510
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Chapel Hill, NC Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Chapel Hill, NC

Pricing Updated: 12/26/2024

Current apartment rentals in the Chapel Hill, NC area range in price from $425 to $11,510 with an overall median price of $2,834. The three Chapel Hill neighborhoods with the lowest median rent pricing are Cameron McCauley at $875, Northside at $875, and Estes at $425. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chapel Hill Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cameron McCauley$2,041$87532
Northside$2,041$87541
Estes$2,369$425328
University Place$2,386$425304
Carolina North$2,585$78493
Meadowmont$2,597$1,050316
Chapel Hill North$2,631$425172
Chapel Hill East$2,633$425474
Governors Club$2,900$8952
Greater Chapel Hill$2,910$4251490

Cheapest Available Chapel Hill Apartments for Rent

 

The cheapest available apartment rental in Chapel Hill, NC is a 4 Beds unit found at Chapel Ridge in the Triple Crown Estates neighborhood priced from $799. Crossings @ 501 in the Downtown Durham neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Chapel Hill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chapel Ridge4 BEDROOM, 4 BATH - RENOVATED4BR,4BA$799
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$900
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$933
Berkshire 54Cranwell R22BR,1BA$949
Poplar PlaceA11BR,1BA$959
The Villages of Chapel HillS1Studio,1BA$999
Crosstown at Chapel Hill1A Renovation 21BR,1BA$1,030
Carolina Springs ApartmentsOne Bedroom1BR,1BA$1,048
Glen Lennox Apartments1 Bedroom 1 Bath A1BR,1BA$1,050
LYV Chapel HillA11BR,1BA$1,059

Best Value Apartments for Rent in Chapel Hill, NC

As of December 26, 2024 the best value apartment in the Chapel Hill area is the $1.35 price per square foot Lenox R2 Model at Berkshire 54 in the in the Triple Crown Estates neighborhood starting from $1,406. The second greatest value Chapel Hill apartment is the Serenity at Booker Creek Model at Booker Creek - Students save up to 10%! starting at $1,535 with a $1.49 price per square foot in the Marena Place neighborhood. Here is today’s list of the best values for Chapel Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Berkshire 54Lenox R22BR,1BA$1.35
Booker Creek - Students save up to 10%!Serenity at Booker Creek2BR,1.5BA$1.49
Chapel ViewThe Carolina2BR,2BA$1.35
The Apartments at Midtown 501A11BR,1BA$1.40
Autumn WoodsA1R1BR,1BA$1.52
Laurel Ridge ApartmentsLaurel1BR,1BA$1.40
The Bailey ApartmentsA1 - Renovated1BR,1BA$1.44
Poplar PlaceA11BR,1BA$1.23
LYV Chapel HillA21BR,1BA$1.41
Crosstown at Chapel Hill1A Renovation 21BR,1BA$1.50

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Chapel Hill Overview

Chapel Hill is the 16th-largest city in the state of North Carolina, with a population of over a half-million residents. It is one of the three cities that make up the Research Triangle, Durham and Raleigh are the other two cities. In 1959 the three cities were named the Research Triangle Park because of the park between Durham and Raleigh.

Why live in Chapel Hill, NC?

Chapel Hill has one of the lowest unemployment rates in the country and it is staying steady, because of the jobs related to the Research Triangle. Although it is a college town, it is filled with elegant small shops and restaurants, beautiful parks, and provides an upscale feel to its surroundings. Because Chapel Hill is surrounded by mountains, residents will experience a milder summer heat and cooler winter days. But the residential areas are settled on large woodsy lots which makes residents feel like they are living at a luxury resort.

Chapel Hill, NC
Population: 60,988

Ranked #618

in US Census Population by City

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Pet Friendly Lifestyle
Chapel Hill, NC

Ranked #25

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Chapel Hill, NC Rentals by Map

View MapChapel Hill, NC Apartments MapView MapChapel Hill, NC Rental Homes Map

Getting Around Chapel Hill, NC

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Chapel Hill Apartments

What is the Cheapest Studio apartment in Chapel Hill?

Currently the most affordable Cheap Studio Apartment in Chapel Hill is at The Villages of Chapel Hill listed at $999.

How much is rent for a Cheap One Bedroom Chapel Hill Apartment?

The lowest price for a Cheap One Bedroom Chapel Hill Apartment is $900 at Crossings @ 501.

What is the lowest price for a Cheap Two Bedroom Chapel Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chapel Hill is starting from $933 at West End Flats.

What is the most affordable Chapel Hill Three Bedroom Apartment?

The best deal on a cheap Chapel Hill Three Bedroom Apartment rental is at Dobbins Hill Apartment Homes and starts from $1,243.

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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