3 Days Ago
Highlights
Pet Friendly
Location
116 Lantern Way, Carrboro, NC 27510, USA
Tour 116 Lantern Way
Contact
Park Real Estate Management
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Property management
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- Fireplace
Great for
Pet owners
Amenities for 116 Lantern Way
Features
| Fireplace |
Appliances
| In-Unit Laundry |
Community
| Cats OK | Dogs OK |
Grounds
| Storage |
Services
| On-Site Management | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 116 Lantern Way
Welcome to this Carrboro Cutie! Located in Whispering Hills which provides easy access to downtown Carrboro and Highway 54, UNC and bus line accessible. Wooded views from the deck are a bonus! The living room/dining room includes a fireplace and sliding glass doors that open on to a deck. First floor bedroom has attached bath including shower. Upstairs has 2 bedrooms each with double closets. Primary bedroom upstairs has private entrance to the bathroom with tub/shower. Out back find the washer/dryer connections in the storage room. Offered for lease by Park Real Estate Management. Contact Nicole Galiger at info@park-properties.com for more information and to schedule a tour. Applicants must have 650+ credit score and income 3x monthly rental rate. $75 application fee per tenant over 18 years of age. $100 tenant onboarding fee for each adult applicant. At Park Real Estate Management, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price of $1690 includes rent, plus pest control, air filter delivery, credit building and more at a rate of $40.00/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. Rent $1650 | Required Fees $40.00 | Total Monthly Price $1690 We look forward to helping you find your new home! Amenities: townhouse, two bedrooms
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 116 Lantern Way compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- High school nearby
- There is a high school 0.4 mile away
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 27510 |
|---|---|
| Type | House for rent |
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Rent trends in Carrboro
3-bedroom apartments at 116 Lantern Way cost about the same as the average rent price for 3-bedroom apartments in Carrboro.
Median rents as of Apr 11 2026.
Carrboro
| Month | Median Rent |
|---|---|
| April 2024 | $1,875 |
| May 2024 | $2,100 |
| June 2024 | $1,993 |
| July 2024 | $1,887 |
| August 2024 | $1,809 |
| September 2024 | $1,911 |
| October 2024 | $2,095 |
| November 2024 | $1,846 |
| December 2024 | $1,718 |
| January 2025 | $1,704 |
| February 2025 | $1,733 |
| March 2025 | $2,132 |
| April 2025 | $2,143 |
| May 2025 | $2,385 |
| June 2025 | $2,262 |
| July 2025 | $2,310 |
| August 2025 | $2,132 |
| September 2025 | $1,977 |
| October 2025 | $1,848 |
| November 2025 | $2,245 |
| December 2025 | $2,090 |
| January 2026 | $2,060 |
| February 2026 | $1,993 |
| March 2026 | $1,947 |
| April 2026 | $1,775 |
Affordability calculator
Can I afford to live at 116 Lantern Way?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 3-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Schools near 116 Lantern Way
Carrboro Elementary School
400 shelton st
carrboro, NC, 27510
PK, K-5Public
A
Northside Elementary School
350 caldwell st
chapel hill, NC, 27516
PK, K-5Public
B+
Chatham Grove Elementary School
1301 andrews store rd
pittsboro, NC, 27312
PK, K-5Public
A
Hortons Creek Elementary
7615 o'kelly chapel rd
cary, NC, 27519
PK, K-5Public
A
Buncombe County Schools Virtual Academy
NC
K-12Public
C+
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Internet available near 116 Lantern Way
Neighborhood
Getting around Carrboro near 116 Lantern Way
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 116 Lantern Way, Carrboro
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 116 Lantern Way
Carrboro Farmers Market
301 W Main St
Harris Teeter
310 N Greensboro St
Food Lion
602 Jones Ferry Rd
Food Lion
104 NC 54
Weaver Street Market
716 Market St
Fibrenew of Chapel Hill-Durham
Fleet Feet, Inc
310 E Main St
Fleet Feet
310 E Main St
Sofia's Boutique
200 N Greensboro St
Rumors Boutique
106 N Graham St
The Open Eye Cafe, LLC
101 S Greensboro St
Gray Squirrel Coffee Co
360 E Main St
Vimala's Curryblossom Cafe
431 W Franklin St
Tropical Smoothie Cafe
400 W Franklin St
Starbucks
143 W Franklin St
Atlas Bar
118 E Main St
Cloudvapes
1105 W NC Highway 54 Byp
Armadillo Grill
120 E Main St
Hickory Tavern
370 E Main St
La Tequila & Eats
370 E Main St
100 Market Street LLC
106 S Greensboro St
Cliff's Meat Market
100 W Main St
Tom Robinson's Carolina Seafood
207 Roberson St
Even Dough
203 W Weaver St
Sari Sari Bakery
301 W Main St
Coronato
101 Two Hills Dr
Mel's Commissary-Luncheonette
109 W Main St
Glasshalfull
106 S Greensboro St
The Open Eye Cafe, LLC
101 S Greensboro St
Wendy's
100 S Greensboro St
South Greensboro Street at Trailer Park
Carrboro / Downtown Chapel Hill / Jones Ferry Rd, Franklin Street / Carrboro / Rock Creek
NC 54 East at Canterbury Apartments
Carrboro / Merritt Mill Rd, Carrboro / Downtown Chapel Hill / Jones Ferry Rd
NC 54 West at Royal Park Apartments
Carrboro / Merritt Mill Rd, Carrboro / Downtown Chapel Hill / Jones Ferry Rd
Merritt Mill Road at Greensboro Street
Carrboro / Merritt Mill Rd
Merritt Mill Road at Roberts Street
Carrboro / Merritt Mill Rd, Carrboro / Downtown Chapel Hill / Jones Ferry Rd
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