Luxury Apartments in Chapel Hill, NC

Map
1 of 11 Results
13
$2,675
3602 Environ Way At East 54
Chapel Hill, NC
2 BR | Available Now
Furnished
In Unit Laundry
Balcony, Deck, Patio
Fitness Center
Pool
26
3D Tour
$999 - 1,100
PER
ROOM
Chapel View
Deal
2701 Homestead Road Chapel Hill, NC
1 - 2 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
12
$830 - 1,360
PineGate
3.1
100 Pinegate Circle Chapel Hill, NC
1 - 2 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Student
Air Conditioning
43
3D Tour
$1,249 - 2,389
Camden Governors Village
100 Durant St Chapel Hill, NC
1 - 3 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
11
3D Tour
$1,300 - 2,175
Solano at Chapel Hill
Deal
2.8
100 Saluda Ct Chapel Hill, NC
1 - 3 BR | Available Now
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
17
$1,425 - 2,885
Environs Lofts At East 54
5000 Environ Way Chapel Hill, NC
1 - 2 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony, Deck, Patio
12
$945 - 1,385
Franklin Woods
3.5
1521 East Franklin Street Chapel Hill, NC
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
24
$1,012 - 1,213
Sagebrook At Chapel Hill
103 Melville Loop Chapel Hill, NC
1 - 2 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Surface Parking
In Unit Laundry
25
$775 - 1,200
Timber Hollow Apartments
Deal
3.0
101 Timber Hollow Court Chapel Hill, NC
1 - 2 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
32
$1,099 - 1,525
The Apartments At Midtown 501
Deal
3.2
545 Ashley Court Chapel Hill, NC
1 - 3 BR | Available Now
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
23
$700 - 1,100
PER ROOM
& UNIT
Chapel Ridge
Deal
4.1
101 Legacy Terrace Chapel Hill, NC
1 - 4 BR | Available Now
Heat Included
Furnished
Dog Friendly
Cat Friendly
Student
1 - 11 of 11 Results
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How much does it cost to rent a luxury apartment in Chapel Hill?

luxury apartments
Bed Type Average Rent Range
1BR $1,430 $780 - $1,690
2BR $1,550 $980 - $2,550
3BR $2,170 $1,400 - $2,390
Chapel Hill Apartments
Bed Type Average Rent Range
1BR $1,290 $690 - $1,700
2BR $1,450 $870 - $2,200
3BR $2,100 $1,090 - $3,060
4+BR $3,060 $1,760 - $4,450
Chapel Hill Luxury Apartments vs. Chapel Hill Average

Chapel Hill:
February Rent Report

Welcome to the February 2023 Chapel Hill Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2023 key findings and figures for the Chapel Hill rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chapel Hill and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chapel Hill average rent prices in the chart below.

Monthly Rent Report

Chapel Hill Rent Prices Decrease From January to February

Chapel Hill rent prices decreased over the last month. From January to February, the city experienced a -0.57% decrease for the price of a one-bedroom apartment. The rent price for a Chapel Hill one-bedroom apartments currently stands at $1,228.0.

When we take a look at the two-bedroom comparison from January to February, Chapel Hill experienced a -2.05% decrease for the price of a two-bedroom apartment. The rent price for a Chapel Hill two-bedroom apartments currently stands at $1,577.0.

February Prices: Chapel Hill vs. Surrounding Areas

Rent Prices in Chapel Hill and Surrounding Areas

Rent prices have decreased in Chapel Hill over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Chapel Hill suburb increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Carrboro, NC .

  • Rents did not decrease in any of the Chapel Hill suburbs.

  • 1 suburb is currently priced lower than the city of Chapel Hill.

February 2023 Pricing Trends: Chapel Hill vs. National Comparisons

Chapel Hill Rent Prices More Affordable Than Major Cities

Rent growth in Chapel Hill over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Chapel Hill average rent prices appear to be relatively affordable for local residents.

The price for a Chapel Hill one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chapel Hill and surrounding area rent prices, take a look at the complete data set below.

Data set for Chapel Hill and suburbs

1 BR February 1 BR M/M % Change 2 BR February 2 BR M/M % Change
Chapel Hill, NC $1,235.0 3.43% $1,610.0 -2.19%
Carrboro, NC $1,081.0 0.93% $1,364.0 5.41%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.