Last updated
Average Rent in Chapel Hill, NC & Rent Trends
Rent prices and market trends across 12 apartment communities in Chapel Hill, NC. Updated daily.
Market Average
$1,595/mo
▲ +12.7% from last month
Lowest Available
$1,075/mo
cheapest unit on market
Communities
12
tracked daily
Units Listed
96
available now
Price Cuts This Week in Chapel Hill, NC
13 listed units across 6 buildings in Chapel Hill, NC dropped their asking rent in the past 7 days, an average cut of $136/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Carraway Village Apartments | Unit 2 | $3,143 | $1,718 | $1,425 |
| Union Chapel Hill | Unit Fall-2x3 Study Deluxe, C4 | $1,560 | $1,460 | $100 |
| Southern Village | Unit 1 | $1,627 | $1,597 | $30 |
| Bell Chapel Hill | Unit 249, A1B | $1,820 | $1,795 | $25 |
| Bell Chapel Hill | Unit 624, A1B | $1,870 | $1,845 | $25 |
| Timber Hollow Apartment Homes | Unit 133, Mahogany | $1,469 | $1,449 | $20 |
| Timber Hollow Apartment Homes | Unit 226, Mahogany | $1,409 | $1,389 | $20 |
| Timber Hollow Apartment Homes | Unit 234 | $1,509 | $1,489 | $20 |
Rent by Neighborhood in Chapel Hill, NC
Compare average rent across Chapel Hill, NC neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Chapel Hill 27514 | $1,652 | ▲ $76 | $1,075 | 6 | 52 |
| Chapel Hill 27516 | $1,528 | ▲ $65 | $1,120 | 6 | 44 |
Is Rent Going Up or Down in Chapel Hill, NC?
As of August 2026, the average rent in Chapel Hill, NC is $1,595 per month across 12 apartment communities and 96 available units. Rents have increased $206 (12.7%) over the past month.
The most affordable option is Timber Hollow Apartment Homes starting at $1,075/mo. By unit type, a studio averages $1,527/mo, a 1-bedroom averages $1,644/mo, a 2-bedroom averages $1,616/mo, a 3-bedroom averages $1,600/mo, a 4-bedroom averages $1,320/mo.
Prices range from $1,075 to $3,143 per month. The most common price point is the $1,200 range, where 28 units are currently listed.
Chapel Hill, NC Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,640 | - | 12 |
| August 2026 | $1,732 | +$92 | 13 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Chapel Hill, NC
Rent Prices by Apartment in Chapel Hill, NC
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Timber Hollow Apartment Homes | $1,075/mo | $1,237/mo | 10 | 3.3 |
| Kingswood Apartments | $1,120/mo | $1,225/mo | 16 | 4.2 |
| Laurel Ridge Apartments | $1,165/mo | $1,403/mo | 17 | 4.6 |
| Shortbread Lofts | $1,190/mo | $1,428/mo | 2 | 4.4 |
| Union Chapel Hill | $1,295/mo | $1,448/mo | 16 | 4.3 |
| Chapel Hill North Apartments | $1,395/mo | $2,132/mo | 3 | 4.6 |
| Bell Chapel Hill | $1,465/mo | $1,921/mo | 18 | 4.8 |
Frequently Asked Questions About Rent in Chapel Hill, NC
What is the average rent in Chapel Hill, NC?
Is rent going up or down in Chapel Hill, NC?
What is the cheapest apartment in Chapel Hill, NC?
How much is a 1-bedroom apartment in Chapel Hill, NC?
How many apartments are available in Chapel Hill, NC?
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 $1,595/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 ($1,075/mo), you need to earn at least $43,000/year.
Cost of living in Chapel Hill, NC
We only have live rent data for Chapel Hill, NC so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,595 |
| Estimated total | $1,595/mo |
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 are refreshed annually.
Google Search Trends for Chapel Hill, NC Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Chapel Hill, NC Apartments
Browse all 12 communities with daily-updated pricing and availability.