
Cheap Homes for Rent in Clearwater Lake Neighborhood of Chapel Hill, NC from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Clearwater Lake area of Chapel Hill.


303 Smith Level Rd, Unit B14

20 Davie Cir

2 Holland Dr

500 Umstead Dr, Unit F304

414 Summerwalk Cir

507 Edwards Dr

500 Umstead Dr

520 Aberdeen Dr

121 Brookberry Cir

129 Purefoy Rd
Clearwater Lake, Chapel Hill, NC Local Guide

How much does it cost to rent a home in Clearwater Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Clearwater Lake 2 Bedroom Homes for Rent | $1,655 | $1,250 | $2,495 |
Clearwater Lake 3 Bedroom Homes for Rent | $2,946 | $1,975 | $6,000 |
Clearwater Lake 4 Bedroom Homes for Rent | $3,578 | $2,895 | $4,100 |
Clearwater Lake 6 Bedroom Homes for Rent | $7,499 | $7,499 | $7,499 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the Clearwater Lake Neighborhood of Chapel Hill, NC.
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Clearwater Lake, Chapel Hill, NC Local Guide
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Cheapest Available Clearwater Lake Apartments for Rent
 The cheapest available apartment rental in the Clearwater Lake area of Durham, NC is a 1 Bed unit found at 50303 Governors Dr priced from $770. Berkshire 54 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here are the most affordable Clearwater Lake apartments for rent in Durham, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
50303 Governors Dr | 50303 Governors Dr | 1BR,1BA | $770 |
Berkshire 54 | Cranwell R2 | 2BR,1BA | $949 |
The Villages of Chapel Hill | S1 | Studio,1BA | $958 |
Carolina Springs Apartments | One Bedroom | 1BR,1BA | $1,048 |
Trinity at the Hill | 1A | 1BR,1BA | $1,056 |
Best Value Apartments for Rent in Clearwater Lake, NC
As of March 29, 2025 the best value apartment in the Clearwater Lake area is the $0.54 price per square foot 50303 Governors Dr Model at 50303 Governors Dr in the in the Governors Lake neighborhood starting from $770. The second greatest value Clearwater Lake apartment is the 2b/2b Georgetown B Model at Ashbrook Apartments starting at $1,469 with a $1.41 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Clearwater Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
50303 Governors Dr | 50303 Governors Dr | 1BR,1BA | $0.54 |
Ashbrook Apartments | 2b/2b Georgetown B | 2BR,2BA | $1.41 |
Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.35 |
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.52 |
Glen Lennox Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1.59 |
Collins Crossing | b10a | 2BR,1BA | $1.49 |
Berkshire 54 | Barington | 1BR,1BA | $1.33 |
Chateau Apartments | 1x1 Renovated | 1BR,1BA | $1.58 |
Trinity at the Hill | 1B | 1BR,1BA | $1.51 |
Poplar Place | A1 | 1BR,1BA | $1.48 |
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Frequently Asked Questions about Clearwater Lake
What type of rentals are currently available in Clearwater Lake?
There are currently 99 Apartments for Rent in Clearwater Lake, NC with pricing that ranges from $900 to $7,415. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clearwater Lake ranging from $625 to $7,499.
What is the current price range for Rental Homes in Clearwater Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Clearwater Lake ranges from $625 to $7,499 with an average monthly rent of $3,375.
How much are larger Three and Four Bedroom Rentals in Clearwater Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Clearwater Lake range from $1,035 to $7,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,975 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $1,265.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.