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cheap apartments
Last updated December 6 2019 at 6:35 PM

38 Cheap Apartments for rent in Chapel Hill, NC

Verified
Last updated December 6 at 03:29pm
9 Units Available
Shadowood Apartments
110 Piney Mountain Rd, Chapel Hill, NC
1 Bedroom
$885
650 sqft
2 Bedrooms
$1,099
975 sqft
This community has an on-site coffee bar, clubhouse, poolside grills and free common-area Wi-Fi. Apartments include fireplaces, private patios/balconies and stainless-steel appliances. Carolina North Forest and Plaza Mall are short drives from the property.
Verified
Last updated December 6 at 01:36pm
17 Units Available
Timber Hollow
101 Timber Hollow Ct, Chapel Hill, NC
1 Bedroom
$920
634 sqft
2 Bedrooms
$1,275
1030 sqft
Recently renovated one- and two-bedroom homes, with updated cabinetry, granite countertops and black appliances. Easy commute to UNC or downtown Chapel Hill via a free transit system with a stop in front of the community.
Verified
Last updated December 6 at 01:17pm
14 Units Available
Glen Lennox Apartments
5 Hamilton Rd, Chapel Hill, NC
1 Bedroom
$867
643 sqft
2 Bedrooms
$864
799 sqft
3 Bedrooms
$1,100
1143 sqft
Convenient to the University of North Carolina at Chapel Hill. Cottage-style apartments with private entrances, retro-inspired gourmet kitchens and ceramic tile bathrooms. On-site laundry room, fitness center, playground, business center and dog park. Parking available.
Verified
Last updated December 6 at 03:01pm
207 Units Available
Carraway Village
2100 Eubank Rd, Chapel Hill, NC
Studio
$940
619 sqft
1 Bedroom
$1,290
887 sqft
2 Bedrooms
$1,424
1208 sqft
Experience Chapel Hill, NC, in a brand new way. Raising the bar of mixed-use developments, Carraway Village is Chapel Hill’s next level for live, work, and play.
Verified
Last updated December 6 at 01:17pm
13 Units Available
SunStone Apartments
208 Conner Dr, Chapel Hill, NC
1 Bedroom
$905
768 sqft
2 Bedrooms
$1,085
937 sqft
This community provides a car detailing center, pool and pet spa. Apartments offer comforts like ground-level private entry, private balconies and in-unit laundry. It's also just minutes from Brook Highland Plaza and Sprouts Farmers Market.
Last updated December 6 at 12:22pm
1 Unit Available
130 South Estes Dr D2
130 South Estes Drive, Chapel Hill, NC
1 Bedroom
$750
700 sqft
130 South Estes Dr D2 Available 01/01/20 Condo 1 bedroom - Lower level condo that is 1 bedroom 1 bath across from University Place. Short walk to post office, banks, and mall. On busline. Units are situated in a flood zone. (RLNE2558901)
Last updated December 6 at 09:38am
1 Unit Available
1222 Hillview Road
1222 Hillview Road, Chapel Hill, NC
1 Bedroom
$850
800 sqft
Never need a car. LOCATION LOCATION LOCATION! 4 room apt. walking distance to everything.
Last updated December 6 at 05:05pm
Downtown Chapel Hill
1 Unit Available
306 McCauley Street
306 Mccauley Street, Chapel Hill, NC
1 Bedroom
$825
460 sqft
Walk to UNC & downtown from this cozy 2nd level 3 room apartment in the historic district. Hardwood floors & lots of windows. Separate living room. Kitchen has pantry and room for a table. Appliances include gas stove & refrigerator.
Results within 1 mile of Chapel Hill
Verified
Last updated December 6 at 06:18pm
2 Units Available
Rock Creek
100 Rock Haven Rd, Carrboro, NC
1 Bedroom
$865
809 sqft
2 Bedrooms
$940
966 sqft
Located in the Carrboro area and on the free Chapel Hill J-bus line, Rock Creek Apartments is located just two miles from UNC Chapel Hill Campus. Check out our communitys large and well-equipped fitness center and resident lounge.
Verified
Last updated December 6 at 01:18pm
Hope Valley
23 Units Available
Lenox at Patterson Place
100 Rose Garden Ln, Durham, NC
1 Bedroom
$895
604 sqft
2 Bedrooms
$1,100
909 sqft
3 Bedrooms
$1,415
1160 sqft
Pet-friendly homes with 9-foot ceilings, breakfast bars, gourmet kitchens, and private patios. Residents have access to a business center, a fitness center, tennis courts, and a clubhouse. 15 minutes from Duke University.
Verified
Last updated December 6 at 03:01pm
19 Units Available
The Flats at 55Twelve
5512 Sunlight Dr, Durham, NC
1 Bedroom
$970
800 sqft
2 Bedrooms
$1,000
1057 sqft
3 Bedrooms
$1,460
1230 sqft
Discover your best life at The Flats @ 55 Twelve. Our one, two, and three-bedroom pet-friendly apartment homes in Durham, North Carolina, offer the right mix of modern living and comfortable charm.
Verified
Last updated December 6 at 01:17pm
9 Units Available
Haven at Patterson Place
5110 Old Chapel Hill Rd, Durham, NC
1 Bedroom
$900
669 sqft
2 Bedrooms
$1,125
962 sqft
3 Bedrooms
$1,220
1262 sqft
Welcome to Haven at Patterson Place Apartments, luxury living in Durham, NC.
Verified
Last updated December 6 at 01:18pm
5 Units Available
Bridges at Chapel Hill
142 BPW Club Rd, Carrboro, NC
1 Bedroom
$870
680 sqft
2 Bedrooms
Ask
Modern apartments near walking trails and Chapel Hill Tennis Club. Recently renovated with air conditioning and walk-in closets. Community pool and clubhouse. Dogs and cats allowed.
Results within 5 miles of Chapel Hill
Verified
Last updated December 6 at 06:07pm
17 Units Available
West End Flats
200 Hwy. 54 By-Pass, Carrboro, NC
1 Bedroom
$820
618 sqft
2 Bedrooms
$840
824 sqft
Meet your perfect home, Common Baltic West, completely compatible with your lifestyle and personal needs. Your own private space in a friendly home. Expect beautifully designed rooms and studios at Common.
Verified
Last updated December 6 at 01:18pm
Alabama Avenue
13 Units Available
Collins Crossing
501 Jones Ferry Rd, Carrboro, NC
Studio
Ask
2 Bedrooms
$685
869 sqft
3 Bedrooms
$1,699
1150 sqft
A comfortable, laid-back place to live, this complex offers an onsite pool, spacious floor plans and amenities like patios and balconies, pet-friendly units, large linen closets and more.
Verified
Last updated December 6 at 01:18pm
26 Units Available
Crosstown at Chapel Hill
6123 Farrington Rd, Durham, NC
1 Bedroom
$925
798 sqft
2 Bedrooms
$1,150
1068 sqft
3 Bedrooms
$1,375
1323 sqft
Just off I-40 and minutes from UNC at Chapel Hill. Luxurious interior features including hardwood floors, granite countertops, fireplaces, walk-in closets, and stainless steel appliances.
Verified
Last updated December 6 at 03:01pm
12 Units Available
Bridges at Southpoint
7304 Calibre Park Dr, Durham, NC
1 Bedroom
$906
746 sqft
2 Bedrooms
$1,224
1305 sqft
This community offers recently renovated units that feature fireplaces and walk-in closets. Residents can spend their days in the on-site pool, gym or clubhouse. Just minutes from the Woodcroft Shopping Center and other retail outlets.
Verified
Last updated December 6 at 01:17pm
22 Units Available
Pinnacle Ridge Apartments
3611 University Dr, Durham, NC
1 Bedroom
$880
730 sqft
2 Bedrooms
$1,190
1003 sqft
Conveniently located complex close to Duke University, plus shops and restaurants in Durham. Apartments feature stainless steel appliances and wood flooring. Resort-style pool and 24-hour fitness center on site.
Verified
Last updated December 6 at 01:34pm
1 Unit Available
Valley Terrace
2836 Chapel Hill Rd, Durham, NC
1 Bedroom
Ask
2 Bedrooms
$895
988 sqft
3 Bedrooms
Ask
Renewed and Refreshed. Come get reacquainted with a classic. Valley Terrace located off Durham-Chapel Hill Blvd offers REAL HARDWOOD floors & an exceptional location close to Duke University. Welcome to the Neighborhood.
Verified
Last updated October 15 at 09:54pm
6 Units Available
Berkshire 54
112 NC Highway 54, Carrboro, NC
1 Bedroom
$929
814 sqft
2 Bedrooms
$899
965 sqft
A smaller community with several floor plan options. Located minutes from area parks. In-home washers and dryers, screened-in patios and balconies, and modern kitchens. On-site pools and fitness center.
Results within 10 miles of Chapel Hill
Verified
Last updated December 6 at 03:01pm
34 Units Available
Southpoint Glen
5800 Tattersall Dr, Durham, NC
1 Bedroom
$887
691 sqft
2 Bedrooms
$1,050
1028 sqft
3 Bedrooms
$1,865
1148 sqft
Located minutes away from The Streets of Southpoint shopping center, close to I-40. Spacious apartments with full-size washers, extra-large windows and plush floor coverings. Additional upgrades available.
Verified
Last updated December 6 at 10:11am
23 Units Available
Woodlake Reserve
1000 Lydias Way, Durham, NC
1 Bedroom
$932
775 sqft
2 Bedrooms
$1,012
1001 sqft
3 Bedrooms
$1,361
1130 sqft
Peaceful neighborhood setting in natural wooded area close to Duke University and Research Triangle Park. Community features sparkling swimming pool and fitness center. Apartments have breakfast bars, W/D and fireplaces.
Verified
Last updated December 6 at 06:06pm
17 Units Available
Legacy at Meridian
1101 Exchange Pl, Durham, NC
1 Bedroom
$953
801 sqft
2 Bedrooms
$1,272
1276 sqft
3 Bedrooms
$1,759
1524 sqft
If you feel like you need an escape from the bustle of Downtown Durham, Legacy at Meridian is waiting to welcome you home. A resort-inspired community, we offer luxury apartments for rent in Durham, North Carolina, near The Streets at Southpoint.
Verified
Last updated December 6 at 03:01pm
19 Units Available
Encore At The Park
2850 Courtney Creek Blvd, Durham, NC
1 Bedroom
$916
889 sqft
2 Bedrooms
$1,172
1185 sqft
3 Bedrooms
$1,245
1418 sqft
Charming apartments with easy access to NC-55. Hardwood floors, walk-in closets, air conditioning and dishwasher. Community has coffee bar and courtyard. Garage parking available. Dog park on site.

December 2019 Chapel Hill Rent Report

Welcome to the December 2019 Chapel Hill Rent Report. Chapel Hill rents declined over the past month. In this report, we'll evaluate trends in the Chapel Hill rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

December 2019 Chapel Hill Rent Report

Welcome to the December 2019 Chapel Hill Rent Report. Chapel Hill rents declined over the past month. In this report, we'll evaluate trends in the Chapel Hill rental market, including comparisons to cities throughout the state and nation.

Chapel Hill rents decline sharply over the past month

Chapel Hill rents have declined 1.4% over the past month, but are up moderately by 3.3% in comparison to the same time last year. Currently, median rents in Chapel Hill stand at $1,050 for a one-bedroom apartment and $1,238 for a two-bedroom. Chapel Hill's year-over-year rent growth leads the state average of 2.6%, as well as the national average of 1.4%.

    Rents rising across cities in North Carolina

    Throughout the past year, rent increases have been occurring not just in the city of Chapel Hill, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, 9 of them have seen prices rise. The state as a whole logged rent growth of 2.6% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,310; of the 10 largest cities in the state that we have data for, Wilmington, where a two-bedroom goes for $940, is the only major city to see rents fall year-over-year (-0.3%).
    • Cary, Durham, and High Point have all experienced year-over-year growth above the state average (5.0%, 3.5%, and 3.1%, respectively).

    Chapel Hill rents more affordable than many large cities nationwide

    As rents have increased moderately in Chapel Hill, a few large cities nationwide have also seen rents grow modestly. Chapel Hill is still more affordable than most large cities across the country.

    • Chapel Hill's median two-bedroom rent of $1,238 is slightly above the national average of $1,191. Nationwide, rents have grown by 1.4% over the past year compared to the 3.3% rise in Chapel Hill.
    • While Chapel Hill's rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.9%), Dallas (+2.2%), and Seattle (+1.6%).
    • Renters will find more reasonable prices in Chapel Hill than most large cities. For example, San Francisco has a median 2BR rent of $3,101, which is more than two-and-a-half times the price in Chapel Hill.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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