Apartments in 27516

1 - 30 of 58 Results
15
$4,595
Chapel Hill, NC
4 BR | Jun. 6, 2025
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Disability Access
88
$1,536 - 3,008
600 Carraway Xing Chapel Hill, NC
Studio - 3 BR | Available Now
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Luxury
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In Unit Laundry
33
$5,300
811 Woodland Ave Chapel Hill, NC
4 BR | Jun. 6, 2025
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7
$1,480
103 Isley St Chapel Hill, NC
2 BR | Aug. 7, 2025
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15
$740
500 306C Umstead Dr Chapel Hill, NC
1 BR | Available Now
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13
$674
315 Brooks St Chapel Hill, NC
1 BR | Available Now
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House
Downtown
20
$2,995
110 Chauncey Cir Chapel Hill, NC
4 BR | Jan. 10, 2025
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32
$720
118 Philip's Square Chapel Hill, NC
1 BR | Ask for Availability
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Air Conditioning
Covered Parking
53
$2,024 - 2,812
100 Ginkgo Trl Chapel Hill, NC
2 - 3 BR | Available Now
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Dog Friendly
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Luxury
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Covered Parking
7
$1,600
100 Stinson St Chapel Hill, NC
2 BR | Aug. 12, 2025
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Downtown
10
$715
500 Umstead Dr Chapel Hill, NC
1 BR | Available Now
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16
$700
303 Smith Level Rd Unit A-12 Chapel Hill, NC
1 BR | Available Now
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39
$768
118 Philips Sq Chapel Hill, NC
1 BR | Available Now
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25
$2,300
211 Church St Apt A-5 Chapel Hill, NC
2 BR | Jun. 11, 2025
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Downtown
1
$1,150
212 6 Mccauley St Chapel Hill, NC
1 BR | Jul. 15, 2025
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Downtown
23
$1,895
Chapel Hill, NC
2 BR | Ask for Availability
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1
$1,100
639 N Columbia St Chapel Hill, NC
1 BR | Jul. 31, 2025
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23
$4,500
Chapel Hill, NC
3 BR | Feb. 1, 2025
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25
$2,200
Chapel Hill, NC
3 BR | Available Now
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0
$2,300
211 Church St Unit A10 Chapel Hill, NC
2 BR | Jun. 11, 2025
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Downtown
1
$1,350
414 Pittsboro St Chapel Hill, NC
Studio | Aug. 15, 2025
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1
$1,100
639 N Columbia St Chapel Hill, NC
1 BR | Aug. 7, 2025
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Downtown
0
$2,800
123 Windsor Cir Chapel Hill, NC
3 BR | Dec. 1, 2024
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Balcony/Deck/Patio
1
$2,600
1015 Bugle Ct Chapel Hill, NC
3 BR | Available Now
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Dishwasher
0
$2,000
211 Church St Chapel Hill, NC
2 BR | Jan. 10, 2025
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Downtown
0
$1,320
1219- B Timothy Ln Chapel Hill, NC
2 BR | Available Now
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Balcony/Deck/Patio
0
$1,200
800 Pritchard Avenue Ext Chapel Hill, NC
2 BR | Available Now
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0
$2,200
800 Pritchard Avenue Ext Chapel Hill, NC
2 BR | Available Now
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0
$1,650
2301 Wildcat Creek Rd Chapel Hill, NC
3 BR | Available Now
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Dishwasher
6
$1,050
211 Church St Chapel Hill, NC
1 BR | Jun. 13, 2025
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1 - 30 of 58 Results
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How much does it cost to rent an apartment in 27516?

27516 apartments
Bed Type Average Rent Range
Studio $1,640 $1,270 - $1,840
1BR $1,840 $710 - $2,370
2BR $2,200 $1,240 - $2,820
3BR $2,500 $1,520 - $3,810
4+BR $3,060 $2,400 - $5,300
Find an Apartment in 27516
Are you searching for apartments for rent near 27516 in Chapel Hill, NC? Rentable has a variety of options available for you. Currently, there are 160 units available for rent in the 27516 zip code, with prices ranging from $714 for a 1-bedroom floor plan.

The average rent in 27516 is $2,140, presenting affordable options for individuals in the Chapel Hill area. One of the top neighborhoods in this zip code is Downtown, offering a vibrant and lively atmosphere.

Living in the 27516 area of Chapel Hill provides you with access to a wealth of nearby points of interest, parks, and community amenities. Take advantage of the close proximity to downtown attractions, restaurants, and shops. Enjoy the green spaces and recreational opportunities available at the local parks in the area.

Whether you are searching for apartments 27516 Chapel Hill, NC, or apartments near 27516, Rentable has options that suit your needs. Explore Rentable's listings in the 27516 zip code and find the perfect rental for you.

Chapel Hill:
November Rent Report

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

$2,050
$1,540
$1,030
$510
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Chapel Hill Rent Prices Increase From October to November

Chapel Hill rent prices increased over the last month. From October to November, the city experienced a 3.32% increase for the price of a one-bedroom apartment. The rent price for a Chapel Hill one-bedroom apartments currently stands at $1,647.0.

When we take a look at the two-bedroom comparison from October to November, Chapel Hill experienced a 2.39% increase for the price of a two-bedroom apartment. The rent price for a Chapel Hill two-bedroom apartments currently stands at $1,971.0.

November Prices: Chapel Hill vs. Surrounding Areas

Chapel Hill, NC
Carrboro, NC
$1,594
$1,076
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Chapel Hill and Surrounding Areas

Rent prices have increased 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.

November 2024 Pricing Trends: Chapel Hill vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Chapel Hill, NC
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,594
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Chapel Hill Rent Prices More Affordable Than Major Cities

Rent growth in Chapel Hill over the past year has been on the rise. 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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Chapel Hill, NC $1,594.0 4.32% $1,925.0 1.10%
Carrboro, NC $1,076.0 0.47% $1,455.0 -1.02%

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.