Apartments in 27514

31 - 38 of 38 Results
9
$640 - 960
Chapel Hill, NC
1 - 2 BR | Available Now
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Student
Air Conditioning
6
$1,200
D8 Shepherd Ln Chapel Hill, NC
2 BR | Aug. 12, 2024
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House
Storage
7
$1,010 - 1,800
700 Bolinwood Drive & 881 Mlk Boulevard Chapel Hill, NC
2 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Air Conditioning
Balcony/Deck/Patio
24
$1,012 - 1,213
103 Melville Loop Chapel Hill, NC
1 - 2 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Luxury
Surface Parking
$975
210 B Purefoy Rd Chapel Hill, NC
1 BR | May. 15, 2024
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Dog Friendly
Cat Friendly
House
$2,695
405 Presque Isle Ln Chapel Hill, NC
2 BR | Available Now
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House
$1,700
Chapel Hill, NC
2 BR | Jul. 1, 2024
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House
Dishwasher
$975
210 B Purefoy Rd Chapel Hill, NC
1 BR | May. 15, 2024
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House
Storage
31 - 38 of 38 Results
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How much does it cost to rent an apartment in 27514?

27514 apartments
Bed Type Average Rent Range
1BR $1,040 $720 - $1,720
2BR $1,200 $870 - $2,800
3BR $1,320 $1,020 - $2,000
4+BR $3,550 $1,750 - $3,990
Find an Apartment in 27514
Are you searching for apartments for rent near 27514 in Chapel Hill, NC? Look no further! Rentable has compiled rental information for the 27514 zip code, providing all the details you need to find your next home. Currently, there are 77 available units for rent in this area, ranging from 1-bedroom apartments starting at $739.

The average rent in 27514 is $1,400, making it a desirable location for those seeking affordable housing options. The top neighborhoods in this area include Southern Village, which offers a great sense of community and convenient access to amenities.

When you choose to live in the 27514 zip code, you'll have access to a variety of nearby points of interest, parks, and community amenities. Explore the charming Southern Village neighborhood and its unique shops, restaurants, and local businesses. You can also enjoy the outdoors at nearby parks, taking advantage of walking trails, picnic spots, and recreational facilities.

If you're ready to find the perfect apartment near 27514 in Chapel Hill, NC, start your search with Rentable. We have a wide selection of apartments that cater to different preferences and budgets. Take a look at our listings and discover the rental that matches exactly what you're looking for. Begin your search for apartments 27514 Chapel Hill, NC today and find your dream home with ease.

Chapel Hill:
May Rent Report

Welcome to the May 2024 Chapel Hill Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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

$2,000
$1,500
$1,000
$500
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Chapel Hill Rent Prices Decrease From April to May

Chapel Hill rent prices decreased over the last month. From April to May, the city experienced a -0.27% decrease for the price of a one-bedroom apartment. The rent price for a Chapel Hill one-bedroom apartments currently stands at $1,488.0.

When we take a look at the two-bedroom comparison from April to May, Chapel Hill experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Chapel Hill two-bedroom apartments currently stands at $1,928.0.

May Prices: Chapel Hill vs. Surrounding Areas

Chapel Hill, NC
Carrboro, NC
$1,492
$1,071
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

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.

May 2024 Pricing Trends: Chapel Hill vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Chapel Hill, NC
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,492
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Chapel Hill, NC $1,492.0 6.19% $1,928.0 0.52%
Carrboro, NC $1,071.0 1.52% $1,433.0 0.07%

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.