Cheap Homes for Rent in Greater Chapel Hill Neighborhood of Chapel Hill, NC from $700 (46 Rentals)

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

property at 123 Barclay Rd

123 Barclay Rd

Chapel HillNC27516
property at 1215 Anderson St

1215 Anderson St

DurhamNC27705
property at 130 S Estes Dr

130 S Estes Dr

Chapel HillNC27514
Showing Results 1-46, Page 1 of 1

Greater Chapel Hill, Chapel Hill, NC Local Guide

Cheapest Available Greater Chapel Hill Apartments for Rent

 

The cheapest available apartment rental in the Greater Chapel Hill area of Chapel Hill, NC is a 1 Bed unit found at Dupont Circle priced from $704. Avalon East has the second lowest priced unit, which is a 1 Bed apartment currently listed from $834. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
Dupont CircleThe Brightleaf 6001BR,1BA$704
Avalon EastThe Brightleaf 6501BR,1BA$834
Deerfield Crossing1x11BR,2BA$854
Lenox EastThe Brightleaf 7001BR,1BA$854
Chapel Ridge4 BEDROOM, 4 BATH - RENOVATED4BR,4BA$859
Vivo Living Ivy CreekStudioStudio,1BA$859
ReNew West DurhamAugusta1BR,1BA$899
Pine RidgeThe Brightleaf 5351BR,1BA$930
Berkshire 54Cranwell R22BR,1BA$949
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$950

Best Value Apartments for Rent in Greater Chapel Hill, NC

As of April 14, 2025 the best value apartment in the Greater Chapel Hill area is the $1.07 price per square foot 21.5TH Model at 501 Towns in the in the Fayetteville Street Corridor neighborhood starting from $1,287. The second greatest value Greater Chapel Hill apartment is the The Eno 1162 Model at Taylor's Pond starting at $1,341 with a $1.15 price per square foot in the Fayetteville Street Corridor neighborhood. Here is today’s list of the best values for Greater Chapel Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
501 Towns21.5TH2BR,1.5BA$1.07
Taylor's PondThe Eno 11622BR,2.5BA$1.15
Spring Forest at DeerfieldBerkshire2BR,2BA$1.18
Carden Place Apartment HomesTwo Bedroom 2 Bath - 1,066 sqft2BR,2BA$1.32
Ashbrook Apartments2b/2b Georgetown B2BR,2BA$1.29
Poplar PlaceA11BR,1BA$1.31
Deerfield Crossing1x11BR,2BA$1.20
Lenox EastThe Brightleaf 6501BR,1BA$1.32
Avalon EastThe Brightleaf 6501BR,1BA$1.28
Dupont CircleThe Brightleaf 6001BR,1BA$1.17

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Frequently Asked Questions about Greater Chapel Hill

What type of rentals are currently available in Greater Chapel Hill?

There are currently 339 Apartments for Rent in Greater Chapel Hill, NC with pricing that ranges from $550 to $9,500. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greater Chapel Hill ranging from $700 to $7,499.

What is the current price range for Rental Homes in Greater Chapel Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greater Chapel Hill ranges from $700 to $7,499 with an average monthly rent of $2,978.

How much are larger Three and Four Bedroom Rentals in Greater Chapel Hill?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Greater Chapel Hill range from $1,035 to $9,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $780 to $3,600. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $859.

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.

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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.

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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.