Despite rent prices continuing to rise alongside demands for increased housing in both Chapel Hill and Carrboro, residents wanting to remain in the area might have to choose between the towns.
Catherine Chaquea, a UNC sophomore who currently lives in Chapel Hill but is planning on moving to Carrboro next year, said Chapel Hill is more expensive than Carrboro.
The average overall rent in Chapel Hill is $1,917 and $1,419 in Carrboro, according to RentCafe.
The average rented space in Chapel Hill is 968 square feet and 857 square feet in Carrboro, meaning the cost per individual square foot in Chapel Hill is roughly 16 percent more expensive than Carrboro.
The issue of high housing demand is not unique to just Carrboro and Chapel Hill. Carrboro Mayor Damon Seils said it is true for the Triangle as a whole, too.
“The whole Triangle region is facing high demand for housing,” Seils said. “It’s one of the fastest growing areas of the country.”
He also said both Chapel Hill and Carrboro have been slow to respond to housing needs, especially for low-income residents.
Seils said affordable housing is a “specific challenge” which differs from the larger issue of housing supply, and the Town is funding programs for people with income below a certain level.
However, this process is expensive and difficult to execute with limited funds, according to Seils. He said this emphasizes the importance of meeting housing demands in different market segments and creating different types of housing.