95 Market
95 Market St,
Chapel Hill, NC 27516
Studio - 2 Beds | $1,676 - $2,932
Rental Market Trends in Chapel Hill, NC
Updated July 2026
The average rent in Chapel Hill, NC is $1,536/month.
Rent in Chapel Hill is roughly equal to the national average rent of of $1,663/month.
$1,536/month
Average Rent
742 Sq Ft
Average Size
-0.7%
Change / Year
2,106
Available Apartments
Chapel Hill rent varies by unit size and layout:
- Studio apartments in Chapel Hill average $1,519 per month.
- One-bedroom apartments in Chapel Hill average $1,536 per month.
- Two-bedroom apartments in Chapel Hill average $1,824 per month.
- Three-bedroom apartments in Chapel Hill average $2,643 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Chapel Hill, NC?
In the past year, rent has decreased by 0.7%, which averages out to $11 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Chapel Hill, NC
July 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
31%
$1,001 - $1,500/month
37%
$1,501 - $2,000/month
27%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Chapel Hill?
Based on current rent prices, Briar Chapel, Gimghoul Historic District and Downtown Chapel Hill are the most affordable neighborhoods in Chapel Hill.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Chapel Hill?
Based on current rent prices, Downing Creek, Carolina North and Farrington are the most expensive neighborhoods in Chapel Hill.
Neighborhood
Average Rent
Average 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, Greater Chapel Hill and Estes .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Chapel Hill, NC?
Because the average rent in Chapel Hill is $1,536, you’ll want to make about $5,120 per month or $61,440 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 $1,519 - $2,643. You can expect to pay 1.2% more for groceries, 11.8% less for utilities, and 8.5% less for transportation.
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 GuideStudio
-
-
One Bedroom
-
$1,641/month
Two Bedroom
-
$2,058/month
Three Bedroom
-
$2,422/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Chapel Hill We Think You'll Love
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Frequently Asked Questions
What is the average rent in Chapel Hill?
The average rent in Chapel Hill is $1,536 per month, which is 7.6% lower than the national average of $1,663.
What is the average rent for a house in Chapel Hill?
The average rent for a house in Chapel Hill, NC is $2,368 per month.
What is the average rent for a townhome in Chapel Hill?
The average rent for a townhome in Chapel Hill, NC is $1,832 per month.
What is the average rent for a condo in Chapel Hill?
The average rent for a condo in Chapel Hill, NC is $1,029 per month.
Are rents going up or down in Chapel Hill?
Rents in Chapel Hill, NC are decreasing, with prices down 0.7% year-over-year and $11 less per month.
What rent range is most common in Chapel Hill?
In Chapel Hill, NC, 37% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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.