Rent to own Homes in Chapel Hill, NC

Scenic wonder: Visit the North Carolina Botanical Gardens where you'll stroll through indigenous plant life and sculptures. Behind the gardens, stretch your legs even further and walk the Piedmont Nature Trails for a pleasant view of the forest.

Chapel Hill, NC is a great place for affordable rent-to-own homes! With a median household income of over $75,249 and a median rent of $1,221, the Chapel Hill, NC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Chapel Hill, NC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Chapel Hill, NC rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
917 Dacian Ave APT 9
Rent To Own
 
Single Family Home
Durham, NC 27701
1
1
470 ft2
1077 UPCHURCH FARM LN
Rent To Own
Upchurch Farms
Single Family Home
Cary, NC 27519
6
4
3600 ft2
2004
1821 STROUP ST
Rent To Own
 
Townhouse/Condo
Apex, NC 27502
4
4
2450 ft2
2021
202 BRITTANY PL
Rent To Own
 
Single Family Home
Cary, NC 27511
6
7
7099 ft2
1999
6900 GLENDOWER RD
Rent To Own
 
Single Family Home
Raleigh, NC 27613
3
2
1400 ft2
1983
2257 BROWN RD
Rent To Own
 
Single Family Home
Sanford, NC 27330
2
2
3400 ft2
1995
Hot
140 PARKHAVEN LN
Rent To Own
 
Single Family Home
Garner, NC 27529
3
2
1223 ft2
1996
New
912 PROVIDENCE GLEN DR
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27514
2
2
1216 ft2
2006
105 Todd St
Rent to Own Eligible
 
Townhouse/Condo
Carrboro, NC 27510
2
2
1024 ft2
1962
327 GLENDALE DR
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27514
4
3
1250 ft2
1967
1 of 48 1905 OVERLAND DR
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27517
4
2
1856 ft2
1970
1 of 45 1006 Kingswood Dr
Rent to Own Eligible
Downing Creek
Townhouse/Condo
Chapel Hill, NC 27517
2
2
1032 ft2
1991
112 RHODODENDRON CT
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27517
5
5
3022 ft2
2003
1 of 49 306 RANSOM ST
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
4
3
2293 ft2
1920
3209 ENVIRON WAY #3000
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27517
1
1
1088 ft2
2008
1 of 156 30 SEDGEWOOD RD
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27514
4
5
5311 ft2
1986
1 of 113 1109 SOURWOOD CIR
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27517
3
2
2109 ft2
1958
1817 S LAKESHORE DR
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27514
4
4
2971 ft2
1962
8409 FARRINGTON MILL RD
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27517
5
2
2380 ft2
1984
New
500 UMSTEAD DR #D203
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27516
2
2
955 ft2
1972
New
319 SAINT THOMAS DR
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27517
3
3
1720 ft2
1993
1 of 150 111 GREENE ST
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
3
2
1720 ft2
1949
105 MAYWOOD WAY
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
4
5
4036 ft2
2004
New
202 SHELTON ST
Rent to Own Eligible
 
Single Family Home
Carrboro, NC 27510
2
1
624 ft2
1942
130 S ESTES DR #A3
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27514
1
1
704 ft2
1967
1 of 23 435 LENA CIR
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
4
3
1973 ft2
2015
1 of 38 348 SUMMERWALK CIR
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27517
2
2
956 ft2
1984
1 of 8 500 S MERRITT MILL RD
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
3
1
948 ft2
1955
Hot
700 MORGAN CREEK RD
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27517
3
2
2245 ft2
1957
New
500 Umstead Dr
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27516
2
2
955 ft2
1972
233 McCauley St
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27516
2
1
901 ft2
1928
1 of 18 303 SMITH LEVEL RD
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27516
4
4
1191 ft2
1997
8320 ROGERS RD
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
3
3
1804 ft2
2022
710 Martin Luther King Jr Blvd
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27514
2
2
841 ft2
1987
506 PARKVIEW CRES
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
4
4
3426 ft2
1999
New
702 Copperline Dr
Rent to Own Eligible
 
Townhouse/Condo
Chapel Hill, NC 27516
2
2
1295 ft2
1998
Hot
227 MCCAULEY ST
Rent to Own Eligible
University of North Carolina at Chapel Hill
Single Family Home
Chapel Hill, NC 27516
3
2
2314 ft2
1922
New
111 GREEN WILLOW CT
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27514
3
3
1900 ft2
1991
609 Craig St
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
3
2
1318 ft2
2014
New
1 of 36 111 STANDISH DR
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27517
3
2
1454 ft2
1986
New
11 FRANCES ST
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27517
2
2
1076 ft2
1981
1 of 95 220 Elizabeth St
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27514
2
3
1082 ft2
1965
620 E FRANKLIN ST
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27514
6
6
7546 ft2
1908
103 EASTRIDGE PL
Rent to Own Eligible
 
Single Family Home
Chapel Hill, NC 27516
5
4
3620 ft2
1991
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Buying a Home in Chapel Hill, NC

Chapel Hill, NC is seeing rapid growth and Chapel Hill, NC's' housing market remains not optimal with an average home price that is 100% above the 2024 national average. Chapel Hill, NC is part of Orange county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Orange is 1.09% which is above the national average, which is 0.99%.

Median Home Price in Chapel Hill, NC

Median Rent in Chapel Hill, NC

Rent to own homes offer low monthly payments and flexible terms.

14 Reasons to live in Chapel Hill, NC

Enthralling Cafes: Cafe Driade is nestled amongst trees at the end of a dirt path, and it's the perfect place to unwind. Not only do they use locally roasted coffee from Carrboro Coffee Roasters, they also have a unique and outstanding wine list and often host musicians and artists.

Curb your ravenous hunger: The town boasts top-notch cuisine. The Lantern, an Asian fusion spot that sources their fare from local farms, is an area favorite. Merritt's Store and Grill offers tasty food at affordable prices. The locals rave about their homemade pimento cheese spread. Make sure to grab a glass bottle full of Cheerwine and feel the nostalgia the surroundings beg for.

Catch a burgeoning live act: In a city that began the careers of Ben Folds and Archers of Loaf, you'd expect some talent, and it certainly abounds. Up-and-coming bands can be seen playing at Local 506 as well as the intimate underground bar, The Cave.

Solace in the solar system: Glimpse the cosmos and wander the grounds where original astronauts trained for their space travel at Morehead Planetarium and Science Center. Various rotating exhibits and the pleasure of seeing a starlit sky at night make the center a year-round favorite. Those that want to get some practical use out of their day at the museum can sign up for stargazing sessions that take place at Jordan Lake.

Cult films reign supreme: Settle into a vintage theater seat and wax nostalgic while tending to your popcorn and beer at the Varsity Theatre. This space, as well as its sister site, the Chelsea Theater, takes pride in showcasing a vast array of films, old and new, in a quaint retro setting.

Get rugged: Just across town there are local hiking trails full of terrain to meet your desires. Duke Forest provides paved trails as well as those that get you off-grid and scaling rocks, tree roots and small streams. Jordan Lake Educational State Forest offers visitors a chance at a peaceful hike through nature with talking tree exhibits strewn about the path to enrich minds as they take in the sights and sounds of a living, breathing forest.

Culinary genius: Sign up at CLASS, a cooking adventure sponsored by Southern Season restaurant, where you'll watch local chefs prepare their famous dishes, sample them along with wine pairings and walk away with the recipes.

Stock up on wine: A night out on the open-air patio at Tru Deli and Wine is something to savor. Their extensive wine selection covers all of the basics and complements it with food and a fresh scene. Homebodies can rejoice as well. Chapel Hill Wine Company has a stellar collection of wine to grab and go. The service is impeccable and the guest always leaves with exactly what they crave.

Affordable housing: Affordable rent to own homes can be found near Chapel Hill and Andrews Store Road, where the median house value is $243,517. Another area that boasts affordable housing options surrounds Orange Grove Road off of Dodson's Crossroads, where the median price is $250,943.

Soaring appreciation rates: Homes in Chapel Hill see a steady increase in appreciation from year to year. The best neighborhoods to find these properties are Morehead and Governor Drive with an annual increase of 5.49%. You can also look for rent to own options near Route 54 and Hatch Road, which has seen a 4.50% annual increase.

High values: For rent to own houses that carry extreme value, look for properties between East Franklin Street and South Road where home values average $1,002,000. Another option would be the Tenney Circle community with median values of $492,843.

Easy Access: While the town surrounds major freeway systems, the neighborhoods that allow for the best access are those close to Raleigh Road and Fordham Boulevard and the Briarcliff area.

Numerous vacancies: Those looking for rental options will find plenty to choose from. Neighborhoods like Town Center have vacancy rates of 11.6% and will put you close to area attractions like Ackland Art Museum.