Average Rent in Chapel Hill, NC
13 apartment buildings, 78 units. Daily asking prices with rent history for every building.
Cheapest
$1,027/mo
Timber Hollow Apartment Homes
Properties
13
tracked daily
Units
78
available now
Chapel Hill, NC Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 13 properties in Chapel Hill, NC.
Average rent trend, last 2 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Chapel Hill, NC Rent Prices
All 13 properties ranked by lowest available rent.
Timber Hollow Apartment Homes
101 Timber Hollow Ct, Chapel Hill, NC 27514, USA
Courtyard Lofts
431 W Franklin St, Chapel Hill, NC 27516, USA
Kingswood Apartments
1105 W North Carolina Hwy 54 Bypass, Chapel Hill, NC 27516, USA
Laurel Ridge Apartments
1100 W North Carolina Hwy 54 Bypass, Chapel Hill, NC 27516, USA
Chapel Hill North Apartments
200 Perkins Dr, Chapel Hill, NC 27514, USA
Union Chapel Hill
425 Hillsborough St, Chapel Hill, NC 27514, USA
Franklin Woods Apartments
1521 E Franklin St, Chapel Hill, NC 27514, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Timber Hollow Apartment Homes 101 Timber Hollow Ct, Chapel Hill, NC 27514, USA | $1,027 | $1,194 | $1.56/ft² | 3.3 (107) | 10 |
| 2 | Courtyard Lofts 431 W Franklin St, Chapel Hill, NC 27516, USA | $1,110 as of Sep 14 | $1,145 | $1.44/ft² | 2.8 (21) | 2 |
| 3 | Kingswood Apartments 1105 W North Carolina Hwy 54 Bypass, Chapel Hill, NC 27516, USA | $1,135 | $1,247 | $1.62/ft² | 4.2 (207) | 15 |
| 4 | Laurel Ridge Apartments 1100 W North Carolina Hwy 54 Bypass, Chapel Hill, NC 27516, USA | $1,135 | $1,383 | $1.38/ft² | 4.6 (46) | 15 |
| 5 | Chapel Hill North Apartments 200 Perkins Dr, Chapel Hill, NC 27514, USA | $1,217 | $1,984 | $2.17/ft² | 4.6 (129) | 2 |
| 6 | Union Chapel Hill 425 Hillsborough St, Chapel Hill, NC 27514, USA | $1,295 as of Sep 22 | $1,456 | $1.20/ft² | 4.3 (354) | 15 |
| 7 | Franklin Woods Apartments 1521 E Franklin St, Chapel Hill, NC 27514, USA | $1,325 | $1,365 | $1.76/ft² | 4.6 (129) | 4 |
Rent & Price History by Building
Timber Hollow Apartment Homes
3.3 (107)101 Timber Hollow Ct, Chapel Hill, NC 27514, USA
Courtyard Lofts
2.8 (21)431 W Franklin St, Chapel Hill, NC 27516, USA
Kingswood Apartments
4.2 (207)1105 W North Carolina Hwy 54 Bypass, Chapel Hill, NC 27516, USA
Laurel Ridge Apartments
4.6 (46)1100 W North Carolina Hwy 54 Bypass, Chapel Hill, NC 27516, USA
Chapel Hill North Apartments
4.6 (129)200 Perkins Dr, Chapel Hill, NC 27514, USA
Union Chapel Hill
4.3 (354)425 Hillsborough St, Chapel Hill, NC 27514, USA
By Area
Chapel Hill, NC neighborhoods
Tracked buildings across 2 named neighborhoods. Pick one to see its apartments.
Chapel Hill, NC Average Rent Prices 2026
The average rent in Chapel Hill, NC is $1,598 per month, based on 78 units across 13 apartment communities. Prices range from $1,027 at Timber Hollow Apartment Homes to $3,000 at Townhomes at Chapel Watch Village.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,659/mo | $1,590/mo | 4 |
| 1 Bed | $1,523/mo | $1,027/mo | 27 |
| 2 Bed | $1,619/mo | $1,135/mo | 44 |
| 3 Bed | $1,873/mo | $1,755/mo | 3 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Building Economics
How much do Chapel Hill, NC apartments earn?
The 5 buildings we can estimate generate about $1.0M in rental revenue per month ($12M a year). Estimated from each building's unit-level listing and leasing activity.
| Building | Est. Monthly Revenue | Asking / Leased | Est. Occupancy | Units |
|---|---|---|---|---|
| 1.Kingswood Apartments | $340K/mo | $1,247 / $1,260 | 95% | 288 |
| 2.Timber Hollow Apartment Homes | $215K/mo | $1,194 / $1,145 | 95% | 198 |
| 3.Laurel Ridge Apartments | $198K/mo | $1,383 / $1,367 | 91% | 160 |
| 4.Franklin Woods Apartments | $148K/mo | $1,365 / $1,539 | 96% | 100 |
| 5.Union Chapel Hill | $119K/mo | $1,456 / $1,589 | 83% | 90 |
Research estimates from listing activity, not operator financials. Asking is the average listed rent; leased is the average rent at which units left the market. Click any building for the full revenue breakdown and methodology.
Market Context
Who rents in Chapel Hill, NC, and what they pay
Tracked one-bedroom rent in Chapel Hill, NC averages $1,523/mo, with two-bedroom units averaging $1,619/mo. At the local median household income of $85,825, that works out to 22% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Chapel Hill, NC at $1,483/mo. The current tracked market average runs 8% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Chapel Hill, NC while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Chapel Hill, NC?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$64,000/year
Based on the 30 percent rule, using our tracked average rent of $1,598/mo.
Comfortable income
$77,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,027/mo), you need to earn at least $41,000/year.
Median household income in Chapel Hill, NC is $85,825 , about 12% above the comfortable-living threshold.
Cost of living in Chapel Hill, NC
Overall prices in Chapel Hill, NC runs below the national average by about 3% (BEA Regional Price Parity index 97.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Chapel Hill, NC's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,598 |
| Utilities | $415 |
| Groceries | $523 |
| Transportation | $988 |
| Healthcare | $482 |
| Other goods and services | $771 |
| Estimated total | $4,776/mo |
Population
59,889
Median household income
$85,825
Census median rent
$1,483/mo
Census rent burden
35.6%
Median age
25.8
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in North Carolina
How Chapel Hill, NC rent compares to other markets in the state.
| City | Avg Rent | vs Chapel Hill, NC | 30-Day Change | Properties |
|---|---|---|---|---|
| Charlotte, NC | $2,075 | +30% | -5% | 88 |
| Raleigh, NC | $1,660 | +4% | -5.7% | 31 |
| Cary, NC | $2,014 | +26% | -2.8% | 30 |
| Morrisville, NC | $1,849 | +16% | -0.6% | 25 |
| Concord, NC | $1,554 | -3% | -5.2% | 24 |
| Asheville, NC | $1,903 | +19% | -1.9% | 22 |
Frequently asked questions
What is the average rent in Chapel Hill, NC?
The average rent in Chapel Hill, NC is $1,598 per month, based on 78 units across 13 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Chapel Hill, NC?
The median asking rent in Chapel Hill, NC is $1,457 per month, computed from 78 live listed units and refreshed daily. The average is $1,598/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Chapel Hill, NC?
The lowest available rent in Chapel Hill, NC starts at $1,027 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Chapel Hill, NC?
1-bedroom apartments in Chapel Hill, NC average $1,523/mo. The lowest listed 1-bedroom starts at $1,027/mo across 27 units tracked.
How much is a 2-bedroom apartment in Chapel Hill, NC?
2-bedroom apartments in Chapel Hill, NC average $1,619/mo. Units start from $1,135/mo across 44 units currently listed.
Rent Trends in Chapel Hill, NC
Track how apartment prices are changing over time.
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