Royal Park - Students save up to 10%!
501 Highway 54,
Carrboro, NC 27510
$1,100 - $2,065 | 1-2 Beds
Can't decide between a cozy small town and the convenience of city living? Downtown Carrboro offers the perfect solution -- have both! Carrboro is a terrific town located on the west side of Chapel Hill, one block from the University of North Carolina at Chapel Hill campus. Downtown Carrboro is where the action is -- this is the home of the town's wildly popular Carrboro Music Festival. It is also the location of the ArtsCenter, Cat's Cradle, Weaver Street Market, and the Carrboro Farmers Market.
Downtown Carrboro is a walkable district that offers dozens of art galleries, shops, pubs, and restaurants to explore. Some popular hotspots include Beer Study, the West End Wine Bar, the Baxter Arcade, and Nightlight. Be sure to check out the 2nd Friday ArtWalk, which takes place in Carrboro and Chapel Hill every month and features local artists as well as food, activities, live music, art demonstrations, and more.
As of August 2025, the average apartment rent in Downtown Carrboro is $911 for a studio, $1,637 for one bedroom, $2,155 for two bedrooms, and $2,008 for three bedrooms. Apartment rent in Downtown Carrboro has decreased by -3.4% in the past year.
Studio
518 sq ft
Average Sq Ft
$911/month
Average Rent
1 BR
807 sq ft
Average Sq Ft
$1,637/month
Average Rent
2 BR
968 sq ft
Average Sq Ft
$2,155/month
Average Rent
3 BR
800 sq ft
Average Sq Ft
$2,008/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.