Cheap Apartments for Rent in 27514
114 rentals
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Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYFURNISHED$990 - $1,613/mo
1-3 Beds
1-2 BathsThe Apartments at Midtown 501 | 545 Ashley Ct,
Chapel Hill, NC 27514
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$990 - $1,520/mo1-2 Beds1-2 BathsShadowood | 110 Piney Mountain Rd,
Chapel Hill, NC 27514
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,116 - $1,498/mo1-2 Beds1-2 BathsSagebrook of Chapel Hill | 103 Melville Loop,
Chapel Hill, NC 27514
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SPECIAL OFFERPET FRIENDLYTotal price$1,286 - $1,766/mo1-2 Beds1-2 BathsSunstone Apartments | 208 Conner Dr,
Chapel Hill, NC 27514
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SPECIAL OFFERPET FRIENDLYTotal price$1,373 - $1,985/mo1-3 Beds1-2 BathsNotting Hill | 100 Drew Hill Ln,
Chapel Hill, NC 27514
SPECIAL OFFERPET FRIENDLY$1,374 - $2,475/mo1-3 Beds1-2 Baths1701 North | 1701-101 Martin Luther King Jr Blvd,
Chapel Hill, NC 27514
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SPECIAL OFFERPET FRIENDLYFURNISHED$1,395 - $1,645/mo1 Bed1 BathUniversity Apartments Chapel Hill | 600 Martin Luther King Jr Blvd,
Chapel Hill, NC 27514
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLYTotal price$1,499 - $4,595/mo1-4 Beds1-5 BathsAura Booth Park | 1000 Martin Luther King Jr Blvd,
Chapel Hill, NC 27514
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Average Rent Trends in 27514
Rent in 27514 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,750 |
| Oct 2025 | $1,613 |
| Nov 2025 | $1,650 |
| Dec 2025 | $1,650 |
| Jan 2026 | $1,750 |
| Feb 2026 | $1,700 |
| Mar 2026 | $1,790 |
| Apr 2026 | $1,800 |
| May 2026 | $1,765 |
| Jun 2026 | $1,700 |
| Jul 2026 | $1,650 |
| Aug 2026 | $1,695 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,365 | $1,595 | $2,200 | $3,500 | $1,700 |
| Townhomes | $1,200 | $1,677 | $2,100 | — | $1,795 |
| Apartments and Condos | $1,300 | $1,571 | $2,200 | $1,950 | $1,600 |
| Houses | $1,200 | $2,200 | $2,250 | $3,500 | $3,175 |
Frequently Asked Questions about Rentals in 27514
- What is the average rent of an apartment in 27514?The average rent of an apartment in 27514 is $1,583 per month. This is about 19% lower than the national average.
- When is the average rent cheapest in 27514?In the last year, the average rent in 27514 was lowest in Jan 2025 when it was $1,600 per month.
- When is the average rent most expensive in 27514?In the last year, the average rent in 27514 was highest in Jun 2025 when it was $1,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 27514?The average rent of a 1 bedroom apartment in 27514 is $1,365 per month. That is about $112 less than the cost of a studio apartment.
- How many available rental listings are in 27514?There are 127 available rental listings in 27514.
- What are some cities near 27514?Some nearby cities include: Carrboro, Chapel Hill, Hillsborough, Durham, Efland, Morrisville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 27514 - 588 Rentas | Trulia