Rent in Chapel Hill, NC
Across Chapel Hill's 5 ZIP codes, a 2-bedroom typically rents for about $1,704 a month, with figures from $1,472–$1,745. The highest typical rent is in 27599 ($1,745) and the lowest in 27516 ($1,472). 3 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Orange County pay about 0.91% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,498 | $1,498–$1,652 | 5 |
| 1 bed | $1,554 | $1,433–$1,554 | 5 |
| 2 beds | $1,704 | $1,472–$1,745 | 5 |
| 3 beds | $1,884 | $1,744–$2,161 | 5 |
| 4 beds | $2,486 | $2,067–$2,486 | 5 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Chapel Hill ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Chapel Hill, NC?
- About $1,704 a month: the median of the typical rents in 5 ZIP codes, which range from $1,472–$1,745. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Chapel Hill, NC?
- About $1,554 a month: the median of the typical rents in 5 ZIP codes, which range from $1,433–$1,554. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Chapel Hill, NC?
- About $1,884 a month: the median of the typical rents in 5 ZIP codes, which range from $1,744–$2,161. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Chapel Hill, NC?
- About $1,498 a month: the median of the typical rents in 5 ZIP codes, which range from $1,498–$1,652. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Chapel Hill, NC?
- About $2,486 a month: the median of the typical rents in 5 ZIP codes, which range from $2,067–$2,486. Figures are gross rent (rent plus tenant-paid utilities).
- Which Chapel Hill ZIP code has the highest rent?
- For a 2-bedroom, 27599 has the highest typical rent at $1,745 a month, and 27516 the lowest at $1,472.
- What is the property tax rate in Chapel Hill, NC?
- Owner-occupied homes in Orange County pay a typical 0.91% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Chapel Hill rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).