Apartments in 27516
50 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigate
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigatePET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$2,244 - $2,841/mo
2 Beds
3-4 BathsThe Townhomes at Chapel Watch Village | 100 Ginkgo Trl,
Chapel Hill, NC 27516
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
FURNISHED
PET FRIENDLY
PET FRIENDLY
NEW - 14 HRS AGOAPPLY INSTANTLY
APPLY INSTANTLYROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYPET FRIENDLYFURNISHED
APPLY INSTANTLY
APPLY INSTANTLY
APPLY INSTANTLY
APPLY INSTANTLYPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY
Save Search in 27516
27516ApartmentGet emails when new homes match this search
Average Rent Trends in 27516
Rent in 27516 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,664 |
| Oct 2025 | $1,986 |
| Nov 2025 | $1,728 |
| Dec 2025 | $1,594 |
| Jan 2026 | $1,532 |
| Feb 2026 | $2,310 |
| Mar 2026 | $1,655 |
| Apr 2026 | $2,050 |
| May 2026 | $1,583 |
| Jun 2026 | $1,514 |
| Jul 2026 | $1,645 |
| Aug 2026 | $1,340 |
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 | $1,392 | $1,689 | $2,400 | $2,800 | $2,150 |
| Townhomes | $650 | $1,950 | $2,395 | $2,550 | $2,022 |
| Apartments and Condos | $1,449 | $1,475 | $2,256 | $1,800 | $1,533 |
| Houses | $1,395 | $1,750 | $2,500 | $3,100 | $2,595 |
Frequently Asked Questions about Apartments and Condos for rent in 27516
- What is the average rent of an apartment in 27516?The average rent of an apartment in 27516 is $1,445 per month. This is about 26% lower than the national average.
- When is the average rent for an apartment cheapest in 27516?In the last year, the average rent in 27516 was lowest in Dec 2025 when it was $1,594 per month.
- When is the average rent for an apartment most expensive in 27516?In the last year, the average rent in 27516 was highest in Jan 2025 when it was $2,349 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 27516?The average rent of a 1 bedroom apartment in 27516 is $1,412 per month. That is about $167 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in 27516?There are 50 available apartments or condos to rent in 27516.
- What are some cities near 27516?Some nearby cities include: Chapel Hill, Carrboro, Saxapahaw, Pittsboro, Efland, Hillsborough. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 27516 - 221 Apartamentos | Trulia