Cheap Apartments for Rent in the Lafayette Neighborhood of Chapel Hill, NC from $700 (23 Rentals)

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

property at 123 Barclay Rd

123 Barclay Rd

Chapel HillNC27516
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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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Poplar Place
1 to 2 Bedroom Apartments

Poplar Place

605 Jones Ferry RdCarrboro, NC 27510
Showing Results 1-23, Page 1 of 1

Lafayette, Chapel Hill, NC Local Guide

Cheapest Available Lafayette Apartments for Rent

 

The cheapest available apartment rental in the Lafayette area of Durham, NC is a 2 Beds unit found at Berkshire 54 priced from $949. The Villages of Chapel Hill has the second lowest priced unit, which is a Studio apartment currently listed from $958. Here are the most affordable Lafayette apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Berkshire 54Cranwell R22BR,1BA$949
The Villages of Chapel HillS1Studio,1BA$958
Carolina Springs ApartmentsOne Bedroom1BR,1BA$1,048
Trinity at the Hill1A1BR,1BA$1,056
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1,085

Best Value Apartments for Rent in Lafayette, NC

As of March 29, 2025 the best value apartment in the Lafayette area is the $1.41 price per square foot 2b/2b Georgetown B Model at Ashbrook Apartments in the in the Triple Crown Estates neighborhood starting from $1,469. The second greatest value Lafayette apartment is the Columbia Model at Laurel Ridge Apartments starting at $1,240 with a $1.35 price per square foot in the Lafayette neighborhood. Here is today’s list of the best values for Lafayette apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ashbrook Apartments2b/2b Georgetown B2BR,2BA$1.41
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.52
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.61
Collins Crossingb10a2BR,1BA$1.49
Berkshire 54Barington1BR,1BA$1.33
Chateau Apartments1x1 Renovated1BR,1BA$1.58
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.65
Trinity at the Hill1B1BR,1BA$1.49
Poplar PlaceA11BR,1BA$1.48

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Pet Friendly Lifestyle
Lafayette, Chapel Hill, NC

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lafayette, Chapel Hill, NC

School data provided by Great Schools

Best Local Schools in
Lafayette, Chapel Hill, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across North Carolina, including Chapel Hill. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lafayette Apartments

What is the price of a cheap apartment in Lafayette?

The cheapest apartment in Lafayette is Trinity at the Hill which is listed at $1,044, while the average apartment in Lafayette costs $1,759.

What types of apartments are the cheapest in Lafayette?

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 66 regular apartments in Lafayette 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 Lafayette?

Cheap apartments in Lafayette have an average cost of $647 which is $1,112 cheaper than the average rent for all rentals in Lafayette.

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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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.