Average Rent in Chapel Hill, NC

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Current Versus Historical Chapel Hill, NC Rents

Chapel Hill rentals average $1,240 for a studio rental to $2,995 for a 4-bedroom rental. The median price of all currently available listings is $1,883, or roughly $20 per square feet.

For the apartment units and housing in June 2026, median rents have fallen over the last year. Studio rentals prices have increased by $548 (44.33%) year-over-year from $1,237 to $1,785. 1-bedroom rentals prices have decreased by $173 (-9.38%) year-over-year from $1,839 to $1,666. 2-bedroom rentals prices have decreased by $616 (-26.05%) year-over-year from $2,363 to $1,748. 3-bedroom rentals prices have increased by $254 (11.09%) year-over-year from $2,291 to $2,545. 4-bedroom rentals prices have decreased by $321 (-10.13%) year-over-year from $3,166 to $2,845. 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 up by 22.26% this month. 1-bedroom rents have gone up by 0.39% this month. 2-bedroom rents have gone up by 3.97% this month. 3-bedroom rents have gone down by 1.42% this month. 4-bedroom rents have gone down by 1.73% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$31.92	$1,785	$1,237 (44.33%)	$1,275 (40.00%)
1 BR	$24.67	$1,666	$1,839 (-9.38%)	$1,496 (11.36%)
2 BR	$18.72	$1,748	$2,363 (-26.05%)	$1,901 (-8.06%)
3 BR	$18.52	$2,545	$2,291 (11.09%)	$2,100 (21.19%)
4+ BR	$17.84	$2,845	$3,166 (-10.13%)	$2,878 (-1.16%)

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 $1,975 per month. Our records show that Durham, NC, with an average rent of $1,975, 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 $1,975 per month.

Let's compare Chapel Hill, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in Chapel Hill, NC is 35.56% more expensive than other cities nearby. One bedrooms are about 18.28% more expensive. Two bedrooms in Chapel Hill, NC are about 4.26% more expensive. Finally, rent for three bedrooms are about 18.04% 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	$799	$1,395	$1,628	$1,975

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 $1,945. That's roughly around $18 per sqft. The county that is the most affordable is Orange, NC. Its average rent per month is $1,945. Vice versa, with an average rent of $1,945, 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 4.07% more expensive than other counties nearby. Finally, rent for two bedrooms in Chapel Hill, NC is 0.59% 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	$1,240	$1,638	$1,710	$1,945

Top Zipcodes Near Chapel Hill

There is one zipcode in or near Chapel Hill, NC. The average rent for this zipcode is $1,875. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27705, Durham County, NC at $1,875 per month. In comparison, the zipcode with the most expensive average rent of $1,875 per month is 27705, Durham County, NC.

The following table includes the zipcode in or near Chapel Hill, NC. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
27705, Durham County, NC	$799	$1,450	$1,700	$1,875

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 $1,883. 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 $1,240 and an average price per square feet of $31.92. There are a total of 2 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 $1,707 and an average price per square feet of $24.67. There are a total of 9 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 $1,700 and an average price per square feet of $18.72. 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 0.44%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by -0.26%, three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in Chapel Hill, NC?

A reasonable rent price in Chapel Hill, NC is around $1,506/month. You can search for these reasonably priced rental listings on RentHop.