The Reserve at Meadowmont Apartments
100 Village Crossing Dr,
Chapel Hill, NC 27517
1-3 Beds | $1,744 - $9,820
Rental Market Trends in Chapel Hill, NC
What is the average rent in Chapel Hill, NC?
$1,546/month
Average Rent
741 Sq Ft
Average Apartment Size
+1.2%
Increase in the Last Year
As of January 2025, the average rent in Chapel Hill, NC is $1,546 per month. For comparison, the national average rent price in the US is currently $1,554/month, which means Chapel Hill rent prices are 1% lower than the national average. When you rent an apartment in Chapel Hill, you can expect to pay about $1,610 per month for a studio, $1,546 for a one-bedroom apartment, and around $1,770 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,322 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Chapel Hill, NC?
In the past year, rent has increased by 1.2%, which averages out to $19 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Chapel Hill, NC
Last Updated January 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
4%
Below $700/month
2%
$700 - $1,000/month
37%
$1,001 - $1,500/month
37%
$1,501 - $2,000/month
20%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Chapel Hill?
Based on current rent prices, Carolina North, Greater Chapel Hill and Northside are the most affordable neighborhoods in Chapel Hill.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Chapel Hill?
Based on current rent prices, University Place, Meadowmont and Downing Creek are the most expensive neighborhoods in Chapel Hill.
Neighborhood
Average Rent
Average Sq Ft
Which Chapel Hill neighborhoods have the most rentals available?
The neighborhoods in Chapel Hill with the most apartments available are Chapel Hill East, Farrington and Greater Chapel Hill .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Chapel Hill, NC?
Because the average rent in Chapel Hill is $1,546, you’ll want to make about $5,153 per month or $61,836 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Chapel Hill, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Chapel Hill, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,736/month
One Bedroom
$1,152/month
$1,749/month
Two Bedroom
$1,346/month
$2,038/month
Three Bedroom
$1,426/month
-
Nearby City Rent Trends
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Willow Bridge
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Thalhimer
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RAM Partners
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.