Apartments for Rent in 27517

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What to Know About

Life in Chapel Hill & Beyond

Chapel Hill shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Chapel Hill, NC

As of July 2025, Chapel Hill's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Chapel Hill's average rent is 32.9% ($514) higher than the North Carolina average of $1,562 and 17.0% ($301) higher than the U.S. average of $1,775.

Average Rent
$2,076
Monthly ChangeMonth Over Month Change
Increased0.2% ($4)
Yearly ChangeYear Over Year Change
Increased1.5% ($31)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,815 Decreased0.9% ($16) Increased0.4% ($7)
2 Beds $2,270 Decreased0.7% ($16) Increased1.5% ($34)
3 Beds $3,084 Increased9.2% ($259) Increased21.8% ($553)
Nearby Cities Average Rent Avg. Rent vs. Chapel HillAverage Rent vs. Chapel Hill Avg. Days on MarketAverage Days on Market
Carrboro $1,457 Decreased29.8% ($619) 30 days
Durham $1,671 Decreased19.5% ($405) 29 days
Hillsborough $1,503 Decreased27.6% ($573) 26 days
Pittsboro $1,645 Decreased20.8% ($431) 38 days
Morrisville $1,746 Decreased15.9% ($330) 20 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Chapel Hill Rental Market FAQs

Explore rental prices, market trends, and availability in Chapel Hill, NC.

The average rent in Chapel Hill, NC is $2,076 per month.
Apartments in Chapel Hill typically rent for between $1,271 and $4,009 per month, with an average of $2,076 per month.
In Chapel Hill, the average rent for a 1-bedroom apartment is $1,815 per month, for a 2-bedroom apartment, $2,270 per month, and a 3-bedroom apartment is $3,084 per month.
The average rent in Chapel Hill is 17% ($301) higher than the national average of $1,775 per month.
The average rent in Chapel Hill has increased by 0.2% ($4) in the last month and increased by 1.5% ($31) over the past year.
The rental market in Chapel Hill, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Chapel Hill, NC, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 107 rental properties available in Chapel Hill, NC.
Based on the current averages, a household would need an annual income of $90,800 to comfortably afford a 2-bedroom apartment in Chapel Hill.
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