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Rental Market Trends in Chapel Hill, NC

Updated September 2026

The average rent in Chapel Hill, NC is $1,549/month.

Rent in Chapel Hill is roughly equal to the national average rent of of $1,665/month.

$1,549/month

Average Rent

742 Sq Ft

Average Size

+0.2%

Change / Year

1,674

Available Apartments

Chapel Hill rent varies by unit size and layout:

  • Studio apartments in Chapel Hill average $1,504 per month.
  • One-bedroom apartments in Chapel Hill average $1,549 per month.
  • Two-bedroom apartments in Chapel Hill average $1,812 per month.
  • Three-bedroom apartments in Chapel Hill average $2,627 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,504/month
597 Sq Ft
One Bedroom
$1,549/month
742 Sq Ft
Two Bedroom
$1,812/month
1,069 Sq Ft
Three Bedroom
$2,627/month
1,431 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,109/month
616 Sq Ft
Two Bedroom
$1,575/month
872 Sq Ft
Three Bedroom
$2,534/month
1,374 Sq Ft
Four Bedroom
$3,019/month
1,634 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,524/month
701 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,249/month
1,258 Sq Ft
Two Bedroom
$1,725/month
1,169 Sq Ft
Three Bedroom
$2,328/month
1,306 Sq Ft
Four Bedroom
$2,528/month
1,479 Sq Ft
View Chapel Hill Apartments

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

In the past year, rent has increased by 0.2%, which averages out to $4 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Chapel Hill, NC

September 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
29% $1,001 - $1,500/month
44% $1,501 - $2,000/month
21% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Chapel Hill?

Based on current rent prices, Briar Chapel, Gimghoul Historic District and Northside are the most affordable neighborhoods in Chapel Hill.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Briar Chapel
$1,340/month
758 Sq Ft
Gimghoul Historic District
$1,457/month
600 Sq Ft
Northside
$1,474/month
530 Sq Ft
Downtown Chapel Hill
$1,550/month
643 Sq Ft
Greater Chapel Hill
$1,551/month
758 Sq Ft
Meadowmont
$1,653/month
682 Sq Ft
Chapel Hill North
$1,688/month
796 Sq Ft
Farrington
$1,695/month
754 Sq Ft
Chapel Hill East
$1,704/month
778 Sq Ft
University Place
$1,732/month
864 Sq Ft

What are the most expensive neighborhoods in Chapel Hill?

Based on current rent prices, Downing Creek, Carolina North and Estes are the most expensive neighborhoods in Chapel Hill.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downing Creek
$1,836/month
775 Sq Ft
Carolina North
$1,744/month
717 Sq Ft
Estes
$1,740/month
698 Sq Ft
University Place
$1,732/month
864 Sq Ft
Chapel Hill East
$1,704/month
778 Sq Ft
Farrington
$1,695/month
754 Sq Ft
Chapel Hill North
$1,688/month
796 Sq Ft
Meadowmont
$1,653/month
682 Sq Ft
Greater Chapel Hill
$1,551/month
758 Sq Ft
Downtown Chapel Hill
$1,550/month
643 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 Greater Chapel Hill .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Chapel Hill East
$1,704/month
778 Sq Ft
Estes
$1,740/month
698 Sq Ft
Greater Chapel Hill
$1,551/month
758 Sq Ft
Carolina North
$1,744/month
717 Sq Ft
University Place
$1,732/month
864 Sq Ft
Chapel Hill North
$1,688/month
796 Sq Ft
Farrington
$1,695/month
754 Sq Ft
Meadowmont
$1,653/month
682 Sq Ft
Downing Creek
$1,836/month
775 Sq Ft
Gimghoul Historic District
$1,457/month
600 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 $1,549, you’ll want to make about $5,163 per month or $61,956 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 5.4% higher than the national average. Generally, housing in Chapel Hill is 17.3% more expensive than the national average, with rent falling between $1,504 - $2,627. You can expect to pay 1.2% more for groceries, 11.8% less for utilities, and 8.5% less for transportation.

City

Chapel Hill, NC

1,674 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.

View the Chapel Hill Area Guide

Apartment Averages

Briar Chapel

Chapel Hill, NC

Downing Creek

Chapel Hill, NC

Studio
-
-
One Bedroom
-
$1,678/month
Two Bedroom
-
$1,990/month
Three Bedroom
-
$2,261/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Carrboro

    Carrboro

    Avg Rent: $1,204/month

  • Durham

    Durham

    Avg Rent: $1,409/month

  • Hillsborough

    Hillsborough

    Avg Rent: $1,289/month

  • Morrisville

    Morrisville

    Avg Rent: $1,412/month

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

Studio - 3 Beds | $1,060 - $1,862

The Reserve at Meadowmont Apartments and Townhomes

The Reserve at Meadowmont Apartments and Townhomes

100 Village Crossing Dr,
Chapel Hill, NC 27517

1-3 Beds | $1,953 - $3,008

Solano at Chapel Hill

Solano at Chapel Hill

100 Saluda Ct,
Chapel Hill, NC 27514

1-3 Beds | $1,570 - $2,495

The Hartley at Blue Hill

The Hartley at Blue Hill

625 S Elliott Rd,
Chapel Hill, NC 27517

Studio - 3 Beds | $1,367 - $4,094

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Frequently Asked Questions

What is the average rent in Chapel Hill?

The average rent in Chapel Hill is $1,549 per month, which is 7.0% lower than the national average of $1,665.

What is the average rent for a house in Chapel Hill?

The average rent for a house in Chapel Hill, NC is $2,534 per month.

What is the average rent for a townhome in Chapel Hill?

The average rent for a townhome in Chapel Hill, NC is $1,725 per month.

Are rents going up or down in Chapel Hill?

Rents in Chapel Hill, NC are increasing, with prices up 0.2% year-over-year and $4 more per month.

What rent range is most common in Chapel Hill?

In Chapel Hill, NC, 44% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity