Cheap Homes for Rent in UNC Chapel Hill Neighborhood of Chapel Hill, NC from $700 (11 Rentals)

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

property at 123 Barclay Rd

123 Barclay Rd

Chapel HillNC27516
property at 130 S Estes Dr

130 S Estes Dr

Chapel HillNC27514
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UNC Chapel Hill, Chapel Hill, NC Local Guide

Cheapest Available UNC Chapel Hill Apartments for Rent

 

The cheapest available apartment rental in the UNC Chapel Hill area of Chapel Hill, NC is a Studio unit found at The Villages of Chapel Hill priced from $958. Estes Park - Students save up to 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,115. Here are the most affordable UNC Chapel Hill apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
The Villages of Chapel HillS1Studio,1BA$958
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
Ridgewood - Students save up to 10%!Melrose1BR,1BA$1,155

Best Value Apartments for Rent in UNC Chapel Hill, NC

As of April 13, 2025 the best value apartment in the UNC Chapel Hill area is the $2.00 price per square foot One Bedroom with Sunroom Model at The Reserve at Meadowmont Apartments and Townhomes in the in the Downing Creek neighborhood starting from $1,899. The second greatest value UNC Chapel Hill apartment is the Hatteras Model at Carolina - Students save up to 10%! starting at $1,395 with a $1.52 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for UNC Chapel Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at Meadowmont Apartments and TownhomesOne Bedroom with Sunroom 1BR,1BA$2.00
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.52
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.61
Glen Lennox Apartments2 Bedroom 1 Bath B2BR,1BA$1.59
Collins Crossingb10a2BR,1BA$1.49
Union Chapel HillB32BR,2BA$1.82
Laurel Ridge ApartmentsLaurel1BR,1BA$1.40
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.65
The Morgan at Chapel HillHummingbird1BR,1BA$2.05
The Villages of Chapel HillS1Studio ,1BA$1.67

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Frequently Asked Questions about UNC Chapel Hill

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

There are currently 88 Apartments for Rent in UNC Chapel Hill, NC with pricing that ranges from $958 to $7,562. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in UNC Chapel Hill ranging from $700 to $7,499.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in UNC Chapel Hill ranges from $700 to $7,499 with an average monthly rent of $3,233.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in UNC Chapel Hill range from $1,035 to $7,562, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,750. Four Bedroom Single-Family rentals are also available starting from $700 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.

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.