Apartments in 27517

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$2,900
116 Chapel Run Way Chapel Hill, NC
4 BR | Available Now
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Dog Friendly
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Balcony/Deck/Patio
Dishwasher
$1,895
Chapel Hill, NC
3 BR | Available Now
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$1,795
Chapel Hill, NC
2 BR | Available Now
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How much does it cost to rent an apartment in 27517?

27517 apartments
Bed Type Average Rent Range
Studio $1,100 $1,020 - $1,500
1BR $1,470 $1,160 - $2,020
2BR $1,800 $1,410 - $2,270
3BR $2,220 $1,810 - $2,830
4+BR $2,900 $2,800 - $2,980
Find an Apartment in 27517
Looking for apartments for rent in the 27517 zip code in Chapel Hill, NC? Rentable has you covered! Currently, there are 105 units available for rent in this area. The average rent in 27517 is $1,700, with affordable options starting at just $1,021.

One of the top neighborhoods in the area is Downtown Chapel Hill, where you can find a vibrant and bustling community with plenty of amenities and attractions nearby. In this area, you'll have easy access to popular points of interest like the University of North Carolina at Chapel Hill, which is just a short distance away.

If you enjoy spending time outdoors, you'll be pleased to know that there are several parks and green spaces in close proximity to the 27517 zip code. These include the beautiful Battle Park and the Bolin Creek Trail, where you can enjoy scenic walks, picnics, and outdoor activities.

When it comes to finding the perfect apartment in 27517, Rentable has a variety of options for you to choose from. Whether you're looking for a cozy studio or a spacious family home, you're sure to find something that suits your needs and budget. Explore Rentable's apartments near 27517 Chapel Hill, NC, and start your search for a new place to call home today.

Chapel Hill:
December Rent Report

Welcome to the December 2025 Chapel Hill Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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

$2,150
$1,610
$1,080
$540
$0
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
1 BR       2 BR

Chapel Hill Rent Prices Decrease From November to December

Chapel Hill rent prices decreased over the last month. From November to December, 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 November to December, 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 $.

December 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.

December 2025 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 December 1 BR M/M % Change 2 BR December 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.