Cheap Apartments for Rent in 27514
132 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$925 - $1,857/mo
1-2 Beds
1-2 BathsSunstone Apartments | 208 Conner Dr,
Chapel Hill, NC 27514
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SPECIAL OFFERPET FRIENDLYTotal price$1,064 - $1,604/mo1-2 Beds1-2 BathsShadowood | 110 Piney Mountain Rd,
Chapel Hill, NC 27514
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SPECIAL OFFERPET FRIENDLYFURNISHED$1,145 - $1,898/mo1-3 Beds1-2 BathsThe Apartments at Midtown 501 | 545 Ashley Ct,
Chapel Hill, NC 27514
SPECIAL OFFERPET FRIENDLY$1,184 - $1,511/mo1-2 Beds1-2 BathsSagebrook of Chapel Hill | 103 Melville Loop,
Chapel Hill, NC 27514
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SPECIAL OFFERPET FRIENDLYFURNISHED$1,295 - $1,645/mo1 Bed1 BathUniversity Apartments Chapel Hill | 600 Martin Luther King Jr Blvd,
Chapel Hill, NC 27514
SPECIAL OFFERPET FRIENDLY$1,299 - $2,735/mo1-3 Beds1-2 Baths1701 North | 1701-101 Martin Luther King Jr Blvd,
Chapel Hill, NC 27514
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SPECIAL OFFERPET FRIENDLYTotal price$1,378 - $1,814/mo1-3 Beds1-2 BathsNotting Hill | 100 Drew Hill Ln,
Chapel Hill, NC 27514
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SPECIAL OFFERPET FRIENDLYTotal price$1,399 - $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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| 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 |
| Sep 2026 | $1,650 |
Average Rent By Bedroom and Home Type
In October 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 | $1,394 | $1,600 | $2,592 | $3,400 | $1,650 |
| Townhomes | $2,275 | $1,595 | $2,100 | — | $1,850 |
| Apartments and Condos | $1,200 | $1,550 | $2,500 | $3,100 | $1,600 |
| Houses | $1,595 | $1,675 | $3,600 | $3,000 | $2,895 |
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 $1,589 per month. This is about 18% lower than the national average.
- What are the cheapest months to find an apartment to rent in 27514?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,600 per month.
- How many cheap apartments are available in 27514?There are 72 apartments to rent that are cheaper than the city’s average rent of $1,650.
- 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 $1,394 per month. That is about $519 more than the cost of a studio apartment.
- 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 - 649 Rentas | Trulia