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Rental Market Trends in Chapel Hill, NC

What is the average rent in Chapel Hill, NC?

$1,534/month

Average Rent

741 Sq Ft

Average Apartment Size

-1.5%

Decrease in the Last Year

Chapel Hill, NC Rental Market Overview

The average rent in Chapel Hill, NC is $1,534 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Chapel Hill rent prices are 7% lower than the national average.

  • Studio apartments in Chapel Hill average $1,572 per month.
  • One-bedroom apartments in Chapel Hill average $1,534 per month.
  • Two-bedroom apartments in Chapel Hill average $1,830 per month.
  • Three-bedroom apartments in Chapel Hill average $2,579 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,572/month
596 Sq Ft
One Bedroom
$1,534/month
741 Sq Ft
Two Bedroom
$1,830/month
1,068 Sq Ft
Three Bedroom
$2,579/month
1,431 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,327/month
420 Sq Ft
Two Bedroom
$1,732/month
568 Sq Ft
Three Bedroom
$2,377/month
1,343 Sq Ft
Four Bedroom
$3,635/month
2,217 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$918/month
343 Sq Ft
Two Bedroom
$1,587/month
815 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,709/month
981 Sq Ft
Three Bedroom
$2,336/month
1,163 Sq Ft

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

In the past year, rent has decreased by 1.5%, which averages out to $22 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Chapel Hill, NC
Last Updated June 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Chapel Hill, NC
Percentage*
Rent Range
0% Below $700/month
6% $700 - $1,000/month
31% $1,001 - $1,500/month
41% $1,501 - $2,000/month
22% 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, Briar Chapel, Greater Chapel Hill and Gimghoul Historic District are the most affordable neighborhoods in Chapel Hill.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Briar Chapel
$1,491/month
686 Sq Ft
Greater Chapel Hill
$1,536/month
772 Sq Ft
Gimghoul Historic District
$1,571/month
581 Sq Ft
Farrington
$1,721/month
779 Sq Ft
Estes
$1,727/month
683 Sq Ft
Carolina North
$1,739/month
706 Sq Ft
Northside
$1,754/month
549 Sq Ft
Chapel Hill East
$1,761/month
777 Sq Ft
Meadowmont
$1,774/month
665 Sq Ft
Chapel Hill North
$1,803/month
812 Sq Ft

What are the most expensive neighborhoods in Chapel Hill?

Based on current rent prices, Cameron-McCauley, Downing Creek and Downtown Chapel Hill are the most expensive neighborhoods in Chapel Hill.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cameron-McCauley
$2,403/month
682 Sq Ft
Downing Creek
$1,912/month
835 Sq Ft
Downtown Chapel Hill
$1,823/month
551 Sq Ft
University Place
$1,817/month
839 Sq Ft
Chapel Hill North
$1,803/month
812 Sq Ft
Meadowmont
$1,774/month
665 Sq Ft
Chapel Hill East
$1,761/month
777 Sq Ft
Northside
$1,754/month
549 Sq Ft
Carolina North
$1,739/month
706 Sq Ft
Estes
$1,727/month
683 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, University Place and Estes .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Chapel Hill East
$1,761/month
777 Sq Ft
University Place
$1,817/month
839 Sq Ft
Estes
$1,727/month
683 Sq Ft
Carolina North
$1,739/month
706 Sq Ft
Greater Chapel Hill
$1,536/month
772 Sq Ft
Chapel Hill North
$1,803/month
812 Sq Ft
Farrington
$1,721/month
779 Sq Ft
Meadowmont
$1,774/month
665 Sq Ft
Northside
$1,754/month
549 Sq Ft
Downtown Chapel Hill
$1,823/month
551 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 $1,534, you’ll want to make about $5,113 per month or $61,356 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 6.5% higher than the national average. Generally, housing in Chapel Hill is 19.7% more expensive than the national average, with rent falling between $1,534 - $2,579. You can expect to pay 0.7% more for groceries, 12.3% less for utilities, and 8.2% less for transportation.

City

Chapel Hill, NC

2,227 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

Briar Chapel

Chapel Hill, NC

Cameron-McCauley

Chapel Hill, NC

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

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

Lenox at Patterson Place

Lenox at Patterson Place

100 Rose Garden Ln,
Durham, NC 27707

$1,091 - $2,490

Studio - 3 Beds

The Hartley at Blue Hill

The Hartley at Blue Hill

625 S Elliott Rd,
Chapel Hill, NC 27517

$1,525 - $4,094 Total Monthly Price

Studio - 3 Beds

Solano at Chapel Hill

Solano at Chapel Hill

100 Saluda Ct,
Chapel Hill, NC 27514

$1,528 - $2,333 Total Monthly Price

1-3 Beds

Atlas Blue Hill

Atlas Blue Hill

1301 Fordham Blvd,
Chapel Hill, NC 27514

$1,444 - $6,884

Studio - 3 Beds

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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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity