Most Affordable Neighborhoods in Chapel Hill, NC
Some of the cheapest neighborhoods in Chapel Hill are Chapel View, Pickard Oaks, and Carolina North. These neighborhoods offer some of the lowest rent prices in Chapel Hill, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Chapel Hill is $1,555, which is 0.5% higher 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.
Chapel View
Average Rent
$1,361/Month
TransitScore® Rating
35/100
Units Available
17 Rentals
Chapel View is an affordable neighborhood in Chapel Hill with an average rent price of $1,361. Compare this to the city average of $1,555. Chapel View provides easy access to N.C. Central Univ., North Carolina Botanical Garden, and Johnston Mill Nature Preserve. It’s a car-dependent neighborhood with a WalkScore® of 41.
Pickard Oaks
Average Rent
$1,439/Month
TransitScore® Rating
33/100
Units Available
17 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 $1,439, while the city’s average stands at $1,555. Pickard Oaks is near Indigo Corners, Rams Plaza, and Durham Tech. Comm. Coll..
Carolina North
Average Rent
$1,480/Month
Year-Over-Year Rent Change
6.1%
TransitScore® Rating
28/100
Units Available
34 Rentals
Carolina North is a lively neighborhood close to UNC-Chapel Hill, offering a mix of apartment complexes near the college's campus and single-family homes on residential streets. Renters will enjoy the walkability and access to local parks, cultural venues, and university events.
Eastowne Hills
Average Rent
$1,480/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 $1,480 while the city average is $1,555. Residents enjoy convenient access to Duke University, North Carolina Botanical Garden, and KidZu Children's Museum. The neighborhood is considered car-dependent with a WalkScore® of 27.
Providence Glen
Average Rent
$1,515/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 $1,515, compared to the city average of $1,555. Providence Glen is convenient to Raleigh-Durham International, KidZu Children's Museum, and Duke University. The community is car-dependent with a WalkScore® of 24.
Alta Springs
Average Rent
$1,531/Month
TransitScore® Rating
37/100
Units Available
26 Rentals
Alta Springs is an affordable neighborhood in Chapel Hill with an average rent price of $1,531. Compare this to the city average of $1,555. Alta Springs provides easy access to Raleigh-Durham International, Glenwood Square, and Morehead Planetarium & Science Center. It’s a car-dependent neighborhood with a WalkScore® of 22.
Greater Chapel Hill
Average Rent
$1,535/Month
Year-Over-Year Rent Change
0.3%
TransitScore® Rating
10/100
Units Available
192 Rentals
If you’re looking for a great, affordable neighborhood in Chapel Hill, Greater Chapel Hill might be the perfect place! It has an average rent price of $1,535, while the city’s average stands at $1,555. In the last year, prices have decreased by 0.3%. Greater Chapel Hill is near Chapel Hill North Center, Duke University, and Willow Creek Shopping Center.
Crosstown at Chapel Hill
Average Rent
$1,535/Month
TransitScore® Rating
26/100
Units Available
23 Rentals
Crosstown at Chapel Hill is a top choice for budget-conscious renters for a variety of reasons. The average rent in Crosstown at Chapel Hill is $1,535 while the city average is $1,555. Residents enjoy convenient access to Duke University, Woodcroft Shopping Center, and Falconbridge Shopping Center. The neighborhood is considered car-dependent with a WalkScore® of 34.
Downing Creek
Average Rent
$1,723/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
35/100
Units Available
42 Rentals
Craftsman and colonial houses are a staple of Downing Creek, a small neighborhood with access to Chapel Hill's amenities. Basketball fans will enjoy the proximity to Durham, home of the Duke University Blue Devils.
Farrington
Average Rent
$1,723/Month
Year-Over-Year Rent Change
5.6%
TransitScore® Rating
16/100
Units Available
159 Rentals
Located directly between Chapel Hill and Durham, Farrington offers a residential lifestyle with access to college-town activities. Renters will enjoy the suburban atmosphere and proximity to attractions in Chapel Hill and Durham.
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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.