Most Affordable Neighborhoods in Chapel Hill, NC

Some of the cheapest neighborhoods in Chapel Hill are Crosstown at Chapel Hill, Greater Chapel Hill, and Pickard Oaks. These neighborhoods offer some of the lowest rent prices in Chapel Hill, making them ideal for renters on a budget. As of October 28, 2025, the average rent in Chapel Hill is $1,513, which is 1.9% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Crosstown at Chapel Hill

Average Rent

$1,265/Month

TransitScore® Rating

26/100

Units Available

41 Rentals

When you’re looking for a great Chapel Hill neighborhood on a budget, check out Crosstown at Chapel Hill. The average rent is $1,265, compared to the city average of $1,513. Crosstown at Chapel Hill is convenient to N.C. Central Univ., UNC-Chapel Hill, and Raleigh-Durham International. The community is car-dependent with a WalkScore® of 34.

Greater Chapel Hill

Average Rent

$1,388/Month

Year-Over-Year Rent Change

3.5%

TransitScore® Rating

10/100

Units Available

175 Rentals

Greater Chapel Hill is an affordable neighborhood in Chapel Hill with an average rent price of $1,388. Compare this to the city average of $1,513. In the past year, rent prices have decreased by 3.5%. Greater Chapel Hill provides easy access to Coker Arboretum, KidZu Children's Museum, and Johnston Mill Nature Preserve. It’s a car-dependent neighborhood with a WalkScore® of 20.

Pickard Oaks

Average Rent

$1,408/Month

TransitScore® Rating

33/100

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Chapel Hill, Pickard Oaks might be the perfect place! It has an average rent price of $1,408, while the city’s average stands at $1,513. Pickard Oaks is near Morehead Planetarium & Science Center, North Carolina Botanical Garden, and UNC-Chapel Hill.

Eastowne Hills

Average Rent

$1,422/Month

TransitScore® Rating

31/100

Units Available

10 Rentals

Eastowne Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Eastowne Hills is $1,422 while the city average is $1,513. Residents enjoy convenient access to North Carolina Botanical Garden, New Hope Commons, and Coker Arboretum. The neighborhood is considered car-dependent with a WalkScore® of 27.

Providence Glen

Average Rent

$1,457/Month

TransitScore® Rating

27/100

Units Available

15 Rentals

When you’re looking for a great Chapel Hill neighborhood on a budget, check out Providence Glen. The average rent is $1,457, compared to the city average of $1,513. Providence Glen is convenient to Piedmont Wildlife Center, UNC-Chapel Hill, and Duke University. The community is car-dependent with a WalkScore® of 24.

Timberlyne

Average Rent

$1,482/Month

TransitScore® Rating

32/100

Units Available

20 Rentals

Timberlyne is an affordable neighborhood in Chapel Hill with an average rent price of $1,482. Compare this to the city average of $1,513. Timberlyne provides easy access to Eastgate Crossing, Johnston Mill Nature Preserve, and Duke University. It’s a somewhat walkable neighborhood with a WalkScore® of 59.

Glen Lennox

Average Rent

$1,490/Month

Units Available

15 Rentals

If you’re looking for a great, affordable neighborhood in Chapel Hill, Glen Lennox might be the perfect place! It has an average rent price of $1,490, while the city’s average stands at $1,513. Glen Lennox is near Raleigh-Durham International, University Place, and North Carolina Botanical Garden.

Gimghoul Historic District

Average Rent

$1,498/Month

TransitScore® Rating

50/100

Units Available

31 Rentals

Gimghoul Historic District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Gimghoul Historic District is $1,498 while the city average is $1,513. Residents enjoy convenient access to N.C. Central Univ., North Carolina Botanical Garden, and Raleigh-Durham International. The neighborhood is considered car-dependent with a WalkScore® of 21.

Parkside

Average Rent

$1,508/Month

TransitScore® Rating

35/100

Units Available

10 Rentals

When you’re looking for a great Chapel Hill neighborhood on a budget, check out Parkside. The average rent is $1,508, compared to the city average of $1,513. Parkside is convenient to Duke University, Chapel Hill North Center, and UNC-Chapel Hill. The community is car-dependent with a WalkScore® of 45.

Alta Springs

Average Rent

$1,585/Month

TransitScore® Rating

37/100

Units Available

22 Rentals

Alta Springs is an affordable neighborhood in Chapel Hill with an average rent price of $1,585. Compare this to the city average of $1,513. Alta Springs provides easy access to Morehead Planetarium & Science Center, Duke University, and KidZu Children's Museum. It’s a car-dependent neighborhood with a WalkScore® of 22.

Ready to make your move to Chapel Hill? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!

Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.