12 Hours Ago
Location
120 Sir Richard Ln, Chapel Hill, NC 27517, USA
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Amenities for 120 Sir Richard Ln
Features
| 2 Floors | Central Air |
Appliances
| Dishwasher |
Community
| Residents Lounge |
Grounds
| Outdoor Space |
Other
| Heat Pump Heating |
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.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Questions about this property’s policies and fees?
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About 120 Sir Richard Ln
Property Status: Active Available July 1, this well-positioned two-story end-unit townhome offers a spacious and thoughtfully designed layout in one of Chapel Hill's most convenient areas. With added privacy from its end-unit placement and an abundance of natural light throughout, the home lives comfortably for both everyday living and entertaining. The main living area features an open-concept feel with a generous family room that flows seamlessly into the dining space. Overlooking this area is a versatile loft--ideal for a home office, media space, or additional lounge area--creating a sense of openness rarely found in townhome living. Two well-sized bedrooms provide comfortable accommodations, while the overall layout offers flexibility to suit a variety of lifestyles. Step outside to enjoy a private, fenced-in patio--perfect for morning coffee, evening unwinding, or hosting in a more intimate outdoor setting. The end-unit location enhances both privacy and usable outdoor space, making it a standout within the community. Positioned within the Colony Lake neighborhood, residents enjoy a setting that feels tucked away while remaining incredibly connected. The property is situated along the Chapel Hill and UNC bus line, offering easy, car-free access to campus and surrounding areas. Commuters will also appreciate the central proximity to Duke University and Research Triangle Park. Everyday conveniences are just minutes away, with a variety of grocery options including Trader Joe's, Wegmans, and Whole Foods, along with numerous dining, shopping, and service destinations nearby. The home is also assigned to the highly regarded Chapel Hill-Carrboro City School District, adding to its overall appeal. With its combination of functional space, desirable end-unit positioning, private outdoor area, and exceptional access to major destinations throughout the Triangle, this home presents a rare rental opportunity in a sought-after location. Owner is a licensed North Carolina Real Estate Broker. Office Phone: (919) 960-6302 Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 120 Sir Richard Ln compares to other nearby properties.
Positives
- Extra Storage
- Upgraded in-unit features
- Fireplace
- Upgraded in-unit features available
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Pet friendly
- Rentals at this address allow pets
Considerations
- Fewer storage options
- Limited cabinet or closet space
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Zip code | 27517 |
|---|---|
| Type | House for rent |
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Rent trends in Chapel Hill
2-bedroom apartments at 120 Sir Richard Ln cost about 8% less than the average rent price for 2-bedroom apartments in Chapel Hill.
Median rents as of Mar 14 2026.
Chapel Hill
| Month | Median Rent |
|---|---|
| March 2024 | $1,889 |
| April 2024 | $2,012 |
| May 2024 | $1,997 |
| June 2024 | $1,953 |
| July 2024 | $1,934 |
| August 2024 | $1,967 |
| September 2024 | $1,963 |
| October 2024 | $1,850 |
| November 2024 | $1,768 |
| December 2024 | $1,772 |
| January 2025 | $1,859 |
| February 2025 | $1,902 |
| March 2025 | $1,910 |
| April 2025 | $1,948 |
| May 2025 | $1,852 |
| June 2025 | $1,894 |
| July 2025 | $1,841 |
| August 2025 | $1,798 |
| September 2025 | $1,785 |
| October 2025 | $1,781 |
| November 2025 | $1,818 |
| December 2025 | $1,762 |
| January 2026 | $1,769 |
| February 2026 | $1,828 |
| March 2026 | $1,888 |
Affordability calculator
Can I afford to live at 120 Sir Richard Ln?
Bedrooms
2 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
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 2-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Schools near 120 Sir Richard Ln
Ephesus Elementary School
1495 ephesus church rd
chapel hill, NC, 27517
PK, K-5Public
A
Ignite Online Academy
5321 ephesus church rd.
durham, NC, 27707
K-12Public
Hortons Creek Elementary
7615 o'kelly chapel rd
cary, NC, 27519
PK, K-5Public
A
Parkside Elementary School
332 parkside valley dr
morrisville, NC, 27560
PK, K-5Public
A
Chatham Grove Elementary School
1301 andrews store rd
pittsboro, NC, 27312
PK, K-5Public
A
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Internet available near 120 Sir Richard Ln
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Chapel Hill near 120 Sir Richard Ln
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 120 Sir Richard Ln, Chapel Hill
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
2/10
No elementary schools within a 30-minute walk
High schools
0/10
No high schools within a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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