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Rental Market Trends in Chapel Hill, NC

What is the average rent in Chapel Hill, NC?

$1,513/month

Average Rent

738 Sq Ft

Average Apartment Size

-1.9%

Decrease in the Last Year

As of October 2025, the average rent in Chapel Hill, NC is $1,513 per month. For comparison, the national average rent price in the US is currently $1,631/month, which means Chapel Hill rent prices are 7% lower than the national average. When you rent an apartment in Chapel Hill, you can expect to pay about $1,489 per month for a studio, $1,513 for a one-bedroom apartment, and around $1,794 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,438 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,489/month
576 Sq Ft
One Bedroom
$1,513/month
738 Sq Ft
Two Bedroom
$1,794/month
1,060 Sq Ft
Three Bedroom
$2,438/month
1,393 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,145/month
367 Sq Ft
Two Bedroom
$1,635/month
754 Sq Ft
Three Bedroom
$2,388/month
1,388 Sq Ft
Four Bedroom
$3,359/month
2,059 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,553/month
939 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,688/month
980 Sq Ft
Three Bedroom
$2,358/month
1,366 Sq Ft

How much has average rent changed in Chapel Hill, NC?

In the past year, rent has decreased by 1.9%, which averages out to $29 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Chapel Hill, NC
Last Updated October 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Chapel Hill, NC
Percentage*
Rent Range
2% Below $700/month
4% $700 - $1,000/month
32% $1,001 - $1,500/month
42% $1,501 - $2,000/month
20% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Chapel Hill?

Based on current rent prices, Crosstown at Chapel Hill, Greater Chapel Hill and Pickard Oaks are the most affordable neighborhoods in Chapel Hill.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Crosstown at Chapel Hill
$1,265/month
802 Sq Ft
Greater Chapel Hill
$1,396/month
762 Sq Ft
Pickard Oaks
$1,408/month
646 Sq Ft
Eastowne Hills
$1,422/month
706 Sq Ft
Providence Glen
$1,457/month
714 Sq Ft
Timberlyne
$1,482/month
777 Sq Ft
Glen Lennox
$1,490/month
581 Sq Ft
Gimghoul Historic District
$1,498/month
573 Sq Ft
Parkside
$1,508/month
716 Sq Ft
Alta Springs
$1,582/month
847 Sq Ft

What are the most expensive neighborhoods in Chapel Hill?

Based on current rent prices, Downtown Chapel Hill, Northside and The Oaks Condominiums are the most expensive neighborhoods in Chapel Hill.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Chapel Hill
$2,325/month
589 Sq Ft
Northside
$2,051/month
575 Sq Ft
The Oaks Condominiums
$1,857/month
783 Sq Ft
The Cedars of Chapel Hill
$1,855/month
895 Sq Ft
University Place
$1,825/month
754 Sq Ft
Northwood
$1,806/month
832 Sq Ft
Chapel Hill East
$1,749/month
730 Sq Ft
Carolina North
$1,749/month
704 Sq Ft
Estes
$1,730/month
688 Sq Ft
Downing Creek
$1,725/month
828 Sq Ft

Which Chapel Hill neighborhoods have the most rentals available?

The neighborhoods in Chapel Hill with the most apartments available are Chapel Hill East, Estes and Carolina North .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Chapel Hill East
$1,749/month
730 Sq Ft
Estes
$1,730/month
688 Sq Ft
Carolina North
$1,749/month
704 Sq Ft
Greater Chapel Hill
$1,396/month
762 Sq Ft
Farrington
$1,633/month
769 Sq Ft
University Place
$1,825/month
754 Sq Ft
Woodland Acres
$1,631/month
728 Sq Ft
Chapel Hill North
$1,671/month
798 Sq Ft
Meadowmont
$1,672/month
685 Sq Ft
Northwood
$1,806/month
832 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Chapel Hill, NC?

Because the average rent in Chapel Hill is $1,513, you’ll want to make about $5,043 per month or $60,516 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Chapel Hill, NC is 5.6% higher than the national average. Generally, housing in Chapel Hill is 15.5% more expensive than the national average, with rent falling between $1,489 - $2,438. You can expect to pay 0.7% more for groceries, 8.9% less for utilities, and 5.5% less for transportation.

City

Chapel Hill, NC

2,151 Available Apartments for Rent

Search for Nearby Apartments

How does Chapel Hill, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Chapel Hill, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Chapel Hill, NC

Apartment Averages

Crosstown at Chapel Hill

Chapel Hill, NC

Downtown Chapel Hill

Chapel Hill, NC

Studio
-
$1,728/month
One Bedroom
-
$2,463/month
Two Bedroom
-
$3,102/month
Three Bedroom
-
$4,455/month
Search
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Nearby City Rent Trends

  • Carrboro Average Rent
  • Durham Average Rent
  • Hillsborough Average Rent
  • Morrisville Average Rent

Apartment communities in Chapel Hill we think you'll love

Kingswood - Students save up to 10%!

Kingswood - Students save up to 10%!

1105 Highway 54 Bypass,
Chapel Hill, NC 27516

$1,310 - $2,180

1-2 Beds

PineGate - Students save up to 10%!

PineGate - Students save up to 10%!

100 Pinegate Cir,
Chapel Hill, NC 27514

$1,120 - $2,070

1-2 Beds

The Reserve at Meadowmont Apartments and T...

The Reserve at Meadowmont Apartments and T...

100 Village Crossing Dr,
Chapel Hill, NC 27517

$1,399 - $7,047

1-3 Beds

Estes Park

Estes Park

306 Estes Dr,
Carrboro, NC 27510

$1,025 - $1,825

1-2 Beds

Property Management Companies in Chapel Hill, NC

Greystar
Greystar
  • 3,435

    Communities

  • 948,149

    Units

  • 872

    Cities

10 Communities in Chapel Hill
General Services Corporation
General Services Corporation
  • 68

    Communities

  • 22,662

    Units

  • 27

    Cities

9 Communities in Chapel Hill
Northwood Investors LLC
Northwood Investors LLC
  • 11

    Communities

  • 2,830

    Units

  • 6

    Cities

4 Communities in Chapel Hill
Bozzuto
Bozzuto
  • 394

    Communities

  • 120,476

    Units

  • 157

    Cities

3 Communities in Chapel Hill
Grubb Properties
Grubb Properties
  • 19

    Communities

  • 5,128

    Units

  • 11

    Cities

3 Communities in Chapel Hill
Willow Bridge
Willow Bridge
  • 704

    Communities

  • 191,798

    Units

  • 326

    Cities

2 Communities in Chapel Hill
Thalhimer
Thalhimer
  • 21

    Communities

  • 2,937

    Units

  • 11

    Cities

2 Communities in Chapel Hill
Northwood Ravin
Northwood Ravin
  • 13

    Communities

  • 5,905

    Units

  • 8

    Cities

2 Communities in Chapel Hill

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United States North Carolina Chapel Hill Rental Trends

Methodology

† 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity