
Cheap Homes for Rent in University Place Neighborhood of Chapel Hill, NC from $1,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the University Place area of Chapel Hill.


130 S Estes Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
University Place, Chapel Hill, NC Local Guide

How much does it cost to rent a home in University Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Place 2 Bedroom Homes for Rent | $1,617 | $1,585 | $1,650 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the University Place Neighborhood of Chapel Hill, NC.
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University Place, Chapel Hill, NC Local Guide
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Best Value Apartments for Rent in University Place, NC
As of April 28, 2025 the best value apartment in the University Place area is the $1.86 price per square foot Hampton Model at Crowne at 501 in the in the Downtown Durham neighborhood starting from $2,075. The second greatest value University Place apartment is the Hatteras Model at Carolina - Students save up to 10%! starting at $1,370 with a $1.49 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for University Place apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Crowne at 501 | Hampton | 2BR,2BA | $1.86 |
Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1.66 |
Sunstone Apartments | The Opal | 1BR,1BA | $2.01 |
Bell Chapel Hill | A1A | 1BR,1BA | $2.48 |
PineGate - Students save up to 10%! | Cypress | 1BR,1BA | $1.91 |
Lenox at Patterson Place | Ludlow | 1BR,1BA | $2.03 |
1701 North Apartments | Zeller | Studio ,1BA | $2.59 |
Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $2.10 |
Estes Park - Students save up to 10%! | Grove at Estes Park | 1BR,1BA | $2.08 |
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Frequently Asked Questions about University Place
What type of rentals are currently available in University Place?
There are currently 24 Apartments for Rent in University Place, NC with pricing that ranges from $935 to $10,223. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $1,000 to $1,650.
What is the current price range for Rental Homes in University Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Place ranges from $1,000 to $1,650 with an average monthly rent of $1,339.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.