How many apartments are available in Downtown on Rentable.co?

Rentable.co has over 108 apartments available near Downtown.

What is the average rent for a studio apartment in Downtown?

The average rent for a studio apartment near Downtown is around $1,371 per month.

What is the average rent for a one-bedroom apartment in Downtown?

The average rent for a one-bedroom apartment near Downtown is around $1,432 per month.

What is the average rent for a two-bedroom apartment in Downtown?

The average rent for a two-bedroom apartment near Downtown is around $1,500 per month.

How many apartments are available in Chapel Hill, NC on Rentable.co?

Rentable.co has over 6,026 apartments available in Chapel Hill.

What is the average rent for a studio apartment in Chapel Hill, NC?

The average rent for a <a href='/chapel-hill-nc/studio-apartments-for-rent' >studio apartment</a> in Chapel Hill is around $1,430 per month.

What is the average rent for a one-bedroom apartment in Chapel Hill, NC?

The average rent for a <a href='/chapel-hill-nc/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Chapel Hill is around $1,460 per month.

What is the average rent for a two-bedroom apartment in Chapel Hill, NC?

The average rent for a <a href='/chapel-hill-nc/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Chapel Hill is around $1,770 per month.

How expensive is it to rent an apartment in Chapel Hill, NC?

For a two-bedroom apartment in Chapel Hill, the average rent price is $1,770 per month, which is higher than the national average of $1,610 per month.

Can I afford an apartment for rent in Chapel Hill, NC?

Based on average rent prices in Chapel Hill, to afford a <a href='/chapel-hill-nc/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $57,000 to live comfortably.

Apartments in Downtown Chapel Hill

Chapel Hill:
October Rent Report

Welcome to the October 2026 Chapel Hill Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 2026 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

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1 BR 2 BR

Chapel Hill Rent Prices Decrease From September to October

Chapel Hill rent prices decreased over the last month. From September to October, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Chapel Hill one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from September to October, Chapel Hill experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Chapel Hill two-bedroom apartments currently stands at $.

October 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 0 of the Chapel Hill suburbs 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:

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

October 2026 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 October	1 BR M/M % Change	2 BR October	2 BR M/M % Change

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.