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Average Rent in Northwood & Rent Trends

Rent prices and market trends across 1 apartment community in Northwood, Chapel Hill, NC. Updated daily.

Market Average

$1,948/mo

Lowest Available

$1,395/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

2

available now

Northwood vs Chapel Hill, NC Average

Northwood is more expensive the Chapel Hill, NC average by $398/mo (26%). The citywide average is $1,550/mo across all neighborhoods.

Is Rent Going Up or Down in Northwood?

As of July 2026, the average rent in Northwood is $1,948 per month across 1 apartment community and 2 available units.

The most affordable option is Chapel Hill North Apartments starting at $1,395/mo. By unit type, a 1-bedroom averages $1,948/mo.

Prices range from $1,395 to $2,500 per month. The most common price point is the $1,200 range, where 1 units are currently listed.

Rent Price Distribution

Rent by Bedroom Type in Northwood

1 Bed
$1,948
from $1,395 · 2 units

Rent Prices by Apartment in Northwood

Property Starting at Average Units Rating
Chapel Hill North Apartments $1,395/mo $1,948/mo 2 4.6

Frequently Asked Questions About Rent in Northwood

What is the average rent in Northwood?

The average rent in Northwood is $1,948 per month as of July 2026, based on 2 units across 1 apartment communities.

Is rent going up or down in Northwood?

The current average rent in Northwood is $1,948/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Northwood?

The most affordable apartment in Northwood is Chapel Hill North Apartments with units starting at $1,395/mo.

How much is a 1-bedroom apartment in Northwood?

A 1-bedroom apartment in Northwood averages $1,948/mo, with prices starting at $1,395/mo across 2 available units.

How many apartments are available in Northwood?

There are 2 units available across 1 apartment communities in Northwood.

What salary do I need to live comfortably in Northwood?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$78,000/year

Based on the 30 percent rule, using our tracked average rent of $1,948/mo.

Comfortable income

$94,000/year

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

To afford the cheapest tracked apartment ($1,395/mo), you need to earn at least $56,000/year.

Cost of living in Northwood

We only have live rent data for Northwood so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,948
Estimated total $1,948/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.

Explore Northwood Apartments

Browse all 1 communities with daily-updated pricing and availability.

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