Rentometer, Inc. | Data as of 10/22/2025
Chapel Hill’s rental market blends vibrant student life with a welcoming residential atmosphere, making it an appealing destination for both young professionals and families. Apartments dominate the urban core, especially near the University of North Carolina campus and the lively Franklin Street corridor, where studio units typically fall in the $1500s and one‑bedroom apartments are commonly found in the $1600s. Larger two‑ and three‑bedroom apartments often rent in the $2000‑$3000 range, catering to graduate students, faculty, and small families seeking convenient access to cultural venues, dining, and public transit. The historic Coker neighborhood and the growing Northgate area add a mix of modern lofts and traditional rentals, reinforcing Chapel Hill’s reputation for diverse housing options.
Single‑family homes provide a quieter alternative, especially in the leafy suburbs surrounding the city center. One‑bedroom houses usually rent in the $1200s, while two‑bedroom homes often sit in the $1700s‑$1800s bracket, offering affordable space for couples or small households. Larger three‑ and four‑plus‑bedroom houses attract families looking for spacious layouts, with rents frequently reaching the $2400‑$3500 range near top‑rated schools and parks such as the Chapel Hill Community Center and University Lake. These neighborhoods benefit from well‑maintained streets, community amenities, and easy access to major roadways, supporting a balanced lifestyle for residents.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,557 | $1,595 | $1,151 - $2,020 | $1,425 - $1,670 |
| Apartment | 1 Bedroom | $1,665 | $1,641 | $950 - $2,815 | $1,359 - $1,915 |
| Apartment | 2 Bedroom | $2,095 | $2,090 | $899 - $4,453 | $1,533 - $2,480 |
| Apartment | 3 Bedroom | $2,903 | $2,673 | $839 - $9,500 | $1,850 - $4,275 |
| Apartment | 4+ Bedroom | $2,664 | $2,555 | $859 - $5,930 | $1,250 - $3,100 |
| House | 1 Bedroom | $1,243 | $1,200 | $700 - $1,785 | $1,100 - $1,425 |
| House | 2 Bedroom | $1,888 | $1,850 | $1,300 - $3,094 | $1,600 - $2,100 |
| House | 3 Bedroom | $2,615 | $2,400 | $1,500 - $6,500 | $2,050 - $2,849 |
| House | 4+ Bedroom | $3,647 | $3,550 | $2,100 - $6,500 | $2,850 - $4,250 |
In the current period, the average rent in Chapel Hill was $1,558 for Studio, $1,613 for 1 Bedroom, $2,041 for 2 Bedroom, $2,739 for 3 Bedroom, and $3,316 for 4+ Bedroom.
Data provided by Rentometer, Inc.