Updated 5+ Days Ago
Highlights
Pet Friendly
Location
122 Philips Sq, Chapel Hill, NC 27516, USA
Tour 122 Philips Sq #1
Contact
Lacy Management Inc.
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Property Overview
122 Philips Sq offers strong value for money and value per square foot, along with a nearby top-rated high school and 33 photos that provide a clear preview. It is also marked for pet friendliness due to a required pet deposit, adding another practical consideration.
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
Less expensive- High school nearby
- More space
Great for
Pet owners
Amenities for 122 Philips Sq #1
Features
| Air Conditioning | Carpet |
| Ceiling Fan | Fireplace |
| In Unit Storage | Walk-in Closet |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Refrigerator | Stove/Oven |
| Washer and Dryer |
Community
| Cats OK | Dogs OK |
| Onsite Laundry |
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?
About 122 Philips Sq #1
Welcome to this stunning 4-bedroom, 3.5-bath condo-townhome offering 1,838 square feet of thoughtfully designed living space in the desirable Chapel Hill with comfort, convenience, and low-maintenance living in one of the area's most sought-after locations. Walk into the open floor plan starting with the living room, dining room, and kitchen with granite countertops and ample cabinet space. Enjoy one bedroom/office downstairs with its own private full bathroom. Master bedroom with large walk-in closet; the master bath is equipped with a large walk-in shower. Conveniently placed laundry room equipped with an upgraded washer/dryer. Situated near Bolin Creek off Homestead Road, Winmore offers a quality of life and a sense of community unique to Chapel Hill and Carrboro. Featuring charming custom-built homes nestled on tree-lined streets, you'll enjoy access to many community amenities, including a pool and cabana, playground, green space, and walking trails. Enjoy the charm of the Winmore community with convenient access to shopping, dining, parks, and top-rated schools. Experience low-maintenance living in one of Chapel Hill's most sought-after neighborhoods. Don't miss this exceptional opportunity! Schedule an online showing at: https showmojo com 3437c1a061 listings mapsearch Submit your application online at: https screen boompay app a yiRWMbDQYTTdqISsvBte Resident Benefits Kit: **Get over $150 in monthly benefits for just $39.95/month with our Resident Benefits Kit! Enjoy valuable services with the flexibility to customize or opt-out *** Application Criteria: a) Gross household income of at least 3 times the rent b) A credit score of 650+ is preferred; we are happy to discuss your situation if your credit score is lower c) No evictions in the last 5 years d) A one-time pet fee of $300 per pet applies. An additional deposit may be required for multiple pets. No monthly pet fee; pet screening is required after application approval: $30 per pet. e) One-time admin fee of $250 required to be pay after signing the lease
122 Philips Sq #1 is great for:
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 122 Philips Sq #1 compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.5 miles away
- More space
- The 4-bedroom is 414 sqft larger than other listings nearby
- Extra storage
- In-unit features
- Fireplace
- In-unit features
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.8 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 0.8 miles away
Address details
| Zip code | 27516 |
|---|---|
| Type | House for rent |
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Rent trends in Chapel Hill
4-bedroom apartments at 122 Philips Sq #1 cost about 33% less than the average rent price for 4-bedroom apartments in Chapel Hill.
Median rents as of Nov 7 2026.
Chapel Hill
| Month | Median Rent |
|---|---|
| November 2024 | $3,150 |
| December 2024 | $3,100 |
| January 2025 | $3,225 |
| February 2025 | $3,100 |
| March 2025 | $3,180 |
| April 2025 | $3,200 |
| May 2025 | $3,100 |
| June 2025 | $3,150 |
| July 2025 | $3,310 |
| August 2025 | $3,214 |
| September 2025 | $2,885 |
| October 2025 | $3,199 |
| November 2025 | $3,067 |
| December 2025 | $3,128 |
| January 2026 | $3,542 |
| February 2026 | $3,801 |
| March 2026 | $3,572 |
| April 2026 | $3,312 |
| May 2026 | $3,094 |
| June 2026 | $3,098 |
| July 2026 | $2,997 |
| August 2026 | $3,109 |
| September 2026 | $2,962 |
| October 2026 | $3,444 |
| November 2026 | $3,200 |
Affordability calculator
Can I afford to live at 122 Philips Sq?
Bedrooms
4+ 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
$85,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $85,960 annually to afford this 4-bedrooms monthly rent price of $2,149.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 4 years ago | $2,395 |
Schools near 122 Philips Sq #1
Seawell Elementary School
9115 seawell school rd
chapel hill, NC, 27516
PK, K-5Public
A+
Carrboro Elementary School
400 shelton st
carrboro, NC, 27510
PK, K-5Public
A
Chatham Grove Elementary School
1301 andrews store rd
pittsboro, NC, 27312
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
Neighborhood
Getting around Chapel Hill near 122 Philips Sq
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 122 Philips Sq, Chapel Hill
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
1/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Nightlife
0/10
Few or no bars within walking distance
Explore the area around 122 Philips Sq
PSM Food Mart
4908 Highway 54 W
Food Lion
104 NC 54
Food Lion
1129 Weaver Dairy Rd
Harris Teeter
1800 Martin Luther King Jr Blvd
Carrboro Farmers Market
301 W Main St
Bridging the Generational Gap
619 Council Ln
Fibrenew of Chapel Hill-Durham
Sofia's Boutique
200 N Greensboro St
Carrborothrift Shops
125 W Main St
Communityworx
125 W Main St
Starbucks
100 Village Center Dirive
Joe Van Gogh Coffee
1129 Weaver Dairy Rd
The Open Eye Cafe, LLC
101 S Greensboro St
Gray Squirrel Coffee Co
360 E Main St
Tin Cup Joe
102 S Merritt Mill Rd
Armadillo Grill
120 E Main St
Atlas Bar
118 E Main St
La Tequila & Eats
370 E Main St
The Baxter
108 N Graham St
Northside District
403 W Rosemary St
Box Turtle Bakery LLC
121 Circadian Way
Starfish Bakery LLC
108 Hogan Ridge Ct
Shackley Food Supplements
216 Chesapeake Way
Panaderia Pahuatlan II
104 NC 54
Panderia Jazmin, LLC
104 NC 54
Della Street Park
Winmore Community Garden
Winmore Pool Playground
Playground
Meadow
Smoothie Revolutions
1509 High School Rd
Waba Cafe LLC
125 Colfax Dr
76
108 Dairyland Rd
Sal's Pizza Ristorante
2805 Homestead Rd
Arby's
102 North Carolina 54
Homestead Road / Camden Lane Southbound
Morris Grove-Chapel Hill HS-Rogers Rd
Homestead Road / Camden Lane Southbound
Morris Grove-Chapel Hill HS-Rogers Rd
High School Road / Celtic Circle
Morris Grove-Chapel Hill HS-Rogers Rd
Chapel Hill High School
Morris Grove-Chapel Hill HS-Rogers Rd
Homestead Road / Sterling Bridge Road Northbound
Morris Grove-Chapel Hill HS-Rogers Rd
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