Last updated
Average Rent in Chapel Hill, NC & Rent Trends
Rent prices and market trends across 10 apartment communities in Chapel Hill, NC. Updated daily.
Market Average
$1,614/mo
▲ +10.1% from last month
Lowest Available
$1,115/mo
cheapest unit on market
Communities
10
tracked daily
Units Listed
52
available now
Price Cuts This Week in Chapel Hill, NC
5 listed units across 3 buildings offering 2 bed units in Chapel Hill, NC dropped their asking rent in the past 7 days, an average cut of $78/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Carraway Village Apartments | Unit 3 | $2,993 | $2,831 | $162 |
| 900 Willow | Unit 1 Bedroom + 1 | $2,019 | $1,895 | $124 |
| Carraway Village Apartments | Unit 2 | $1,718 | $1,663 | $55 |
| Southern Village | Unit 2 | $2,025 | $1,999 | $26 |
| Carraway Village Apartments | Unit 1 | $1,874 | $1,849 | $25 |
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 | $1,637 | ▲ $101 | $1,067 | 6 | 52 |
| Chapel Hill 27516 | $1,506 | ▲ $210 | $1,115 | 6 | 45 |
Is Rent Going Up or Down in Chapel Hill, NC?
As of August 2026, the average rent in Chapel Hill, NC is $1,614 per month across 10 apartment communities and 52 available units. Rents have increased $166 (10.1%) over the past month.
The most affordable option is Kingswood Apartments starting at $1,115/mo. By unit type, a 2-bedroom averages $1,614/mo.
Prices range from $1,115 to $3,000 per month. The most common price point is the $1,200 range, where 19 units are currently listed.
Chapel Hill, NC Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,621 | - | 10 |
| August 2026 | $1,701 | +$80 | 11 |
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.
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 |
|---|---|---|---|---|
| Kingswood Apartments | $1,115/mo | $1,220/mo | 16 | 4.2 |
| Laurel Ridge Apartments | $1,275/mo | $1,380/mo | 13 | 4.6 |
| Timber Hollow Apartment Homes | $1,384/mo | $1,428/mo | 4 | 3.3 |
| Union Chapel Hill | $1,465/mo | $1,546/mo | 4 | 4.3 |
| Franklin Woods Apartments | $1,585/mo | $1,600/mo | 2 | 4.6 |
| Southern Village | $1,999/mo | $1,999/mo | 1 | 4.4 |
| Bell Chapel Hill | $2,160/mo | $2,243/mo | 7 | 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 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
$65,000/year
Based on the 30 percent rule, using our tracked average rent of $1,614/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 ($1,115/mo), you need to earn at least $45,000/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) | $1,614 |
| Estimated total | $1,614/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 10 communities with daily-updated pricing and availability.