Last updated July 10, 2026

Average Rent in Chapel Hill, NC & Rent Trends

Rent prices and market trends across 10 apartment communities in Chapel Hill, NC. Updated daily.

Area All Areas

Chapel Hill 27514 27516

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,546/mo

▲ +6.8% from last month

Lowest Available

$985/mo

cheapest unit on market

Communities

tracked daily

Units Listed

104

available now

Price Cuts This Week in Chapel Hill, NC

15 listed units across 3 buildings in Chapel Hill, NC dropped their asking rent in the past 7 days, an average cut of $20/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
Franklin Woods Apartments	Unit 204, 21.5AX	$1,640	$1,605	$35
Bell Chapel Hill	Unit 545, S1B	$1,495	$1,460	$35
Franklin Woods Apartments	Unit 201, 21.5AX	$1,580	$1,560	$20
Timber Hollow Apartment Homes	Unit 133, Mahogany	$1,489	$1,469	$20
Timber Hollow Apartment Homes	Unit 226, Mahogany	$1,429	$1,409	$20
Timber Hollow Apartment Homes	Unit 255, Mahogany	$1,429	$1,409	$20
Timber Hollow Apartment Homes	Unit 325, Mahogany	$1,444	$1,424	$20
Timber Hollow Apartment Homes	Unit 120, Teakwood	$1,003	$985	$18

See today's prices on all 104 listed units

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	$1,582	-	$985	5	72
Chapel Hill 27516	$1,466	-	$1,110	5	32

Is Rent Going Up or Down in Chapel Hill, NC?

As of July 2026, the average rent in Chapel Hill, NC is $1,546 per month across 10 apartment communities and 104 available units. Rents have increased $108 (6.8%) over the past month.

The most affordable option is Timber Hollow Apartment Homes starting at $985/mo. By unit type, a studio averages $1,591/mo, a 1-bedroom averages $1,362/mo, a 2-bedroom averages $1,667/mo, a 3-bedroom averages $1,551/mo, a 4-bedroom averages $1,445/mo.

Prices range from $985 to $3,190 per month. The most common price point is the $1,400 range, where 53 units are currently listed.

Chapel Hill, NC Rent Price History

Window

View as table

Month	Avg Rent	Change	Properties
July 2026	$1,590	-	10

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Chapel Hill, NC

Studio

$1,591

from $1,440 · 4 units

1 Bed

$1,362

from $985 · 26 units

2 Bed

$1,667

from $1,180 · 48 units

3 Bed

$1,551

from $1,110 · 14 units

4 Bed

$1,445

from $1,410 · 12 units

Rent Prices by Apartment in Chapel Hill, NC

Property	Starting at	Average	Units	Rating
Timber Hollow Apartment Homes	$985/mo	$1,180/mo	19	3.3
Courtyard Lofts	$1,110/mo	$1,157/mo	3	2.8
Shortbread Lofts	$1,190/mo	$1,428/mo	2	4.4
Laurel Ridge Apartments	$1,275/mo	$1,439/mo	23	4.6
Chapel Hill North Apartments	$1,395/mo	$2,073/mo	2	4.6
Union Chapel Hill	$1,410/mo	$1,582/mo	29	4.3
Bell Chapel Hill	$1,440/mo	$1,957/mo	18	4.8
Franklin Woods Apartments	$1,500/mo	$1,565/mo	4	4.6
Southern Village	$1,720/mo	$1,872/mo	2	4.4
Carraway Village Apartments	$1,858/mo	$1,871/mo	2	4.7

Frequently Asked Questions About Rent in Chapel Hill, NC

What is the average rent in Chapel Hill, NC?

The average rent in Chapel Hill, NC is $1,546 per month as of July 2026, based on 104 units across 10 apartment communities.

Is rent going up or down in Chapel Hill, NC?

Rent in Chapel Hill, NC has increased $108 (6.8%) over the past month. The current average is $1,546/mo.

What is the cheapest apartment in Chapel Hill, NC?

The most affordable apartment in Chapel Hill, NC is Timber Hollow Apartment Homes with units starting at $985/mo.

How much is a 1-bedroom apartment in Chapel Hill, NC?

A 1-bedroom apartment in Chapel Hill, NC averages $1,362/mo, with prices starting at $985/mo across 26 available units.

How many apartments are available in Chapel Hill, NC?

There are 104 units available across 10 apartment communities 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

$62,000/year

Based on the 30 percent rule, using our tracked average rent of $1,546/mo.

Comfortable income

$74,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($985/mo), you need to earn at least $39,000/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	Source
Rent (market average)	$1,546	daily refresh
Estimated total	$1,546/mo	$18,552/year

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.

North Carolina Rent Trends

Compare rent across all North Carolina cities

Explore Chapel Hill, NC on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Chapel Hill, NC rents stack up against the national median