Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Chapel Hill, NC Rental Market Trends
What is the average rent in Chapel Hill?
The average rent for an apartment in Chapel Hill is $1,878. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Chapel Hill, NC
Last updated July 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,878 | 966 sq. ft. |
What is the average apartment size in Chapel Hill?
The average size for a Chapel Hill, NC apartment is 966 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
9,564 or 48% of the households in Chapel Hill, NC are renter-occupied while 10,292 or 52% are owner-occupied.
Chapel Hill, NC Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Mar / 2022 | Jul / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Chapel Hill, NC | $1,377 | $1,422 | $1,414 | $1,428 | $1,458 | $1,463 | $1,452 | $1,616 | $1,657 | $1,744 | $1,878 |
| National | $1,375 | $1,407 | $1,415 | $1,416 | $1,406 | $1,410 | $1,418 | $1,501 | $1,596 | $1,634 | $1,706 |
How Chapel Hill Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,639 |
| Winston - Salem | $1,192 |
| Raleigh | $1,631 |
| Greensboro | $1,218 |
| Durham | $1,591 |
| Concord | $1,524 |
| Wilmington | $1,605 |
| Clayton | $1,563 |
| High Point | $1,167 |
| Mooresville | $1,571 |
| Cary | $1,666 |
| Burlington | $1,291 |
| Morrisville | $1,743 |
| Garner | $1,496 |
| Chapel Hill | $1,878 |
| Apex | $1,723 |
| Fuquay Varina | $1,697 |
| Knightdale | $1,722 |
| Youngsville | $1,042 |
| Holly Springs | $1,667 |
| Mebane | $1,321 |
Most Popular Apartments in Chapel Hill
Glen Lennox Apartments
140 Hamilton Rd, Chapel Hill, NC 27514- 1 BED
- 2 BEDS
- 3 BEDS
- $1,556+
- $1,366+
- Ask for pricing
Bell Chapel Hill
1300 Fordham Blvd, Chapel Hill, NC 27514- Studio
- 1 BED
- 2 BEDS
- $1,745+
- $2,050+
- $2,675+
1701 North Apartments
1701-101 Martin Luther King Jr. Blvd, Chapel Hill, NC 27514- 1 BED
- 2 BEDS
- 3 BEDS
Ask for pricing
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Chapel Hill apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.