Cheap Apartments for Rent in the Estes Neighborhood of Chapel Hill, NC from $400 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Estes area of Chapel Hill.

close
View Me
Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
close
View Me
Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516

Estes, Chapel Hill, NC Local Guide

Cheapest Available Estes Apartments for Rent

 

The cheapest available apartment rental in the Estes area of Chapel Hill, NC is a 4 Beds unit found at Chapel Ridge priced from $859. Shadowood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,060. Here are the most affordable Estes apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Chapel Ridge4 BEDROOM, 4 BATH - RENOVATED4BR,4BA$859
ShadowoodThe Oak1BR,1BA$1,060
Estes Park - Students save up to 10%!Grove at Estes Park1BR,1BA$1,115
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,125
Laurel Ridge ApartmentsLaurel1BR,1BA$1,125

Best Value Apartments for Rent in Estes, NC

As of April 13, 2025 the best value apartment in the Estes area is the $1.64 price per square foot C1 Model at The Apartments at Midtown 501 in the in the Sayward Drive neighborhood starting from $1,889. The second greatest value Estes apartment is the 3 Bed 2 Bath Model at Dobbins Hill Apartment Homes starting at $1,650 with a $1.46 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Estes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Apartments at Midtown 501C13BR,2BA$1.64
Dobbins Hill Apartment Homes3 Bed 2 Bath3BR,2BA$1.46
Booker Creek - Students save up to 10%!Serenity at Booker Creek2BR,1.5BA$1.50
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.52
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.61
River View2B2BR,2BA$1.44
Glen Lennox Apartments2 Bedroom 1 Bath B2BR,1BA$1.59
Collins Crossingb10a2BR,1BA$1.49
Laurel Ridge ApartmentsLaurel1BR,1BA$1.40
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.65

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Estes, Chapel Hill, NC

Ranked #4

Among neighborhoods in Chapel Hill, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in metropolitan areas across the United States including Estes, Chapel Hill, and the greater Chapel Hill area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Estes Neighborhood in Chapel Hill, NC

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Estes Apartments

What is a cheap apartment in Estes?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Estes is under $1,295.

What is the price of a cheap apartment in Estes?

The cheapest apartment in Estes is Dobbins Hill Apartment Homes which is listed at $900, while the average apartment in Estes costs $1,809.

What types of apartments are the cheapest in Estes?

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 225 regular apartments in Estes that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Estes?

Cheap apartments in Estes have an average cost of $1,019 which is $790 cheaper than the average rent for all rentals in Estes.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.