Cheap Homes for Rent in Greater Chapel Hill Neighborhood of Chapel Hill, NC from $700 (32 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
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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 7112 Stratified Ct priced from $550. 6905 Bedrock Rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Greater Chapel Hill apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
7112 Stratified Ct7112 Stratified Ct1BR,1BA$550
6905 Bedrock Rd6905 Bedrock Rd1BR,1BA$650
102 College Ave102 College Ave1BR,1BA$720
118 Philip's Sq118 Philip's Sq1BR,1BA$738
Dupont CircleThe Brightleaf 6001BR,1BA$739
11 Water Garden Way11 Water Garden Way1BR,1BA$765
50303 Governors Dr50303 Governors Dr1BR,1BA$770
137 Forsyth Dr137 Forsyth Dr1BR,1BA$800
13 Pilatus Dr13 Pilatus Dr1BR,1BA$825
Avalon EastThe Brightleaf 6501BR,1BA$834

Best Value Apartments for Rent in Greater Chapel Hill, NC

As of March 30, 2025 the best value apartment in the Greater Chapel Hill area is the $0.28 price per square foot 11 Water Garden Way Model at 11 Water Garden Way in the in the South Durham neighborhood starting from $765. The second greatest value Greater Chapel Hill apartment is the 6905 Bedrock Rd Model at 6905 Bedrock Rd starting at $650 with a $0.24 price per square foot in the Fieldstone Farms 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.
11 Water Garden Way11 Water Garden Way1BR,1BA$0.28
6905 Bedrock Rd6905 Bedrock Rd1BR,1BA$0.24
1344 Southpoint Trl1344 Southpoint Trl3BR,3.5BA$1.06
7112 Stratified Ct7112 Stratified Ct1BR,1BA$0.25
137 Forsyth Dr137 Forsyth Dr1BR,1BA$0.40
118 Philip's Sq118 Philip's Sq1BR,1BA$0.40
LochridgeThe Trinity 18003BR,2.5BA$1.00
102 College Ave102 College Ave1BR,1BA$0.40
50303 Governors Dr50303 Governors Dr1BR,1BA$0.54
13 Pilatus Dr13 Pilatus Dr1BR,1BA$0.66

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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 343 Apartments for Rent in Greater Chapel Hill, NC with pricing that ranges from $854 to $9,500. There are also 125 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 $3,026.

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 $1,375 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,200 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.

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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.