Average Rent in Chapel Hill, NC

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Current Versus Historical Chapel Hill, NC Rents

Chapel Hill rentals average $875 for a studio rental to $3,400 for a 4-bedroom rental. The median price of all currently available listings is $1,948, or roughly $21 per square feet.
For the apartment units and housing in November 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $619 (-41.44%) year-over-year from $1,494 to $875. 1-bedroom rentals prices have decreased by $50 (-3.26%) year-over-year from $1,541 to $1,491. 2-bedroom rentals prices have decreased by $217 (-11.44%) year-over-year from $1,894 to $1,678. 3-bedroom rentals prices have increased by $169 (7.58%) year-over-year from $2,231 to $2,400. 4-bedroom rentals prices have decreased by $450 (-13.24%) year-over-year from $3,400 to $2,950. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.09% this month. 2-bedroom rents have gone up by 1.21% this month. 3-bedroom rents have gone down by 0.81% this month. 4-bedroom rents have gone up by 4.46% this month.
Beds
Price / Sqft
Nov 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $28.00 $875 $1,494 (-41.44%) $1,179 (-25.80%)
1 BR $25.83 $1,491 $1,541 (-3.26%) $1,610 (-7.37%)
2 BR $20.03 $1,678 $1,894 (-11.44%) $2,317 (-27.58%)
3 BR $18.08 $2,400 $2,231 (7.58%) $2,516 (-4.60%)
4+ BR $27.27 $2,950 $3,400 (-13.24%) $3,442 (-14.29%)

Historical Rents in Chapel Hill, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Chapel Hill

There are a total of 1 cities nearby Chapel Hill. The average rent in Chapel Hill is currently $1,823 per month. Only one city nearby has an average rent lower than that. Our records show that Durham, NC, with an average rent of $1,823, is the most affordable city nearby. In contrast, the most expensive city near Chapel Hill, NC is Durham, NC. Monthly rents here are on average $1,823 per month.

Let's compare Chapel Hill, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 13.15% more expensive. Two bedrooms in Chapel Hill, NC are about 4.62% more expensive. Finally, rent for three bedrooms are about 18.87% more expensive. Want more information? Check out the top 1 cities near Chapel Hill, NC in the following table.
City Studio 1 Bed 2 Bed All
Durham, NC N/A $1,295 $1,600 $1,823

Top Neighborhoods Near Chapel Hill



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Chapel Hill

There are a total of 1 counties located by Chapel Hill, NC. One county in the area is Orange, NC. The average rent for rentals in these counties is $2,000. That's roughly around $20 per sqft. The county that is the most affordable is Orange, NC. Its average rent per month is $2,000. Vice versa, with an average rent of $2,000, Orange, NC is the most expensive county by Chapel Hill, NC.

Typically, rent for studios in Chapel Hill, NC is on par with the other counties nearby. In comparison, rent for one bedroom listings in Chapel Hill, NC is 2.45% more affordable than other counties nearby. Finally, rent for two bedrooms in Chapel Hill, NC is 7.00% more affordable than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Orange, NC $875 $1,528 $1,795 $2,000

Top Zipcodes Near Chapel Hill



Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Chapel Hill Average Rents

What is the average rent price in Chapel Hill, NC?
The average monthly rental price for Chapel Hill, NC apartments for rent is approximately $1,948. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Chapel Hill, NC rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Chapel Hill, NC.
How much is a studio apartment in Chapel Hill, NC?
The average monthly rental price for studio apartments is $875 and an average price per square feet of $28.00. There are a total of 1 studio apartment listings currently available for rent in Chapel Hill.
How much is a one bedroom apartment in Chapel Hill, NC?
The average monthly rental price for one bedroom apartments is $1,491 and an average price per square feet of $25.83. There are a total of 12 one bedroom apartment listings currently available for rent in Chapel Hill.
How much is a two bedroom apartment in Chapel Hill, NC?
The average monthly rental price for two bedroom apartments is $1,678 and an average price per square feet of $20.03. There are a total of 48 two bedroom apartment listings currently available for rent in Chapel Hill.
How have rent prices in Chapel Hill, NC changed this year?
Rent prices for rentals in Chapel Hill, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.41%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.11%, three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Chapel Hill, NC?
A reasonable rent price in Chapel Hill, NC is around $1,558/month. You can search for these reasonably priced rental listings on RentHop.