Chapel Hill, NC Rental Market Trends

What is the average rent in Chapel Hill?

The average rent for an apartment in Chapel Hill is $1,958. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Chapel Hill, NC

Last updated July 2023

Average Rent	Average Apartment Size
$1,958	967 sq. ft.

What is the average apartment size in Chapel Hill?

The average size for a Chapel Hill, NC apartment is 967 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Chapel Hill, NC apartment rent ranges

Chapel Hill, NC Occupied Housing Units

10,195 or 51% of the households in Chapel Hill, NC are renter-occupied while 9,919 or 49% are owner-occupied.

Chapel Hill, NC rent trends

Access comprehensive real estate data and information on Yardi Matrix

How Chapel Hill Compares to Other Cities

City	Average Rent
Charlotte	$1,670
Winston - Salem	$1,213
Raleigh	$1,634
Greensboro	$1,257
Durham	$1,604
Durham	$1,604
Holly Springs	$1,646
Holly Springs	$1,646
Fayetteville	$1,233
Concord	$1,561
Wilmington	$1,567
Cary	$1,691
Cary	$1,691
Morrisville	$1,715
Chapel Hill	$1,958
Apex	$1,675
Mebane	$1,349
Carrboro	$1,422
Graham	$1,229
Hillsborough	$1,570
Pittsboro	$1,629

What is the average price for a storage unit in Chapel Hill?

The average rent for a non-climate-controlled 10'x10' storage unit in Chapel Hill is $123.86. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.