Updated 5+ Days Ago
Location
301 Mcmasters St, Chapel Hill, NC 27516, USA
Tour 301 Mcmasters St
Contact
Acorn + Oak Property Management
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Property Overview
With nearby transit options, walkable access to surrounding areas, and 173 restaurants within 1 mile, the location offers a lively and convenient setting. The close proximity to a top-rated elementary school and the availability of 25 photos add useful value for getting a clear sense of the home and neighborhood.
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- Images Available
Great for
Social life
Amenities for 301 Mcmasters St
Apartment Amenities
| Air Conditioning |
Appliances
| Dishwasher | In-Unit Laundry |
| Oven | Range |
| Refrigerator | Washer and Dryer |
Tech
| Cable Ready |
Grounds
| Assigned Parking |
Neighborhood
| Walkable to Downtown |
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
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
About 301 Mcmasters St
301 Mcmasters St cost $2,700 per month. A couple amenities for this apartment include but are not limited to: in-unit laundry and air conditioning. Located at 301 Mcmasters St, Chapel Hill, NC 27516, USA, this unit has 3 bedrooms and 2 bathrooms. Based on the average rent price of 3 bedrooms in Chapel Hill, renting this apartment is 15% more expensive per month.
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 301 Mcmasters St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 miles away
- Images Available
- There are at least 10 photos of this property
Considerations
- Distance from transit
- More than 2.4 miles from public transportation
- Priced higher than average
- 3-bedrooms are $205 more than the median rent in this area
Address details
| Zip code | 27516 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Chapel Hill
3-bedroom apartments at 301 Mcmasters St cost about 15% more than the average rent price for 3-bedroom apartments in Chapel Hill.
Median rents as of Oct 24 2026.
Chapel Hill
| Month | Median Rent |
|---|---|
| November 2024 | $2,342 |
| December 2024 | $2,497 |
| January 2025 | $2,538 |
| February 2025 | $2,492 |
| March 2025 | $2,493 |
| April 2025 | $2,479 |
| May 2025 | $2,519 |
| June 2025 | $2,534 |
| July 2025 | $2,542 |
| August 2025 | $2,490 |
| September 2025 | $2,596 |
| October 2025 | $2,668 |
| November 2025 | $2,581 |
| December 2025 | $2,559 |
| January 2026 | $2,655 |
| February 2026 | $2,896 |
| March 2026 | $2,716 |
| April 2026 | $2,640 |
| May 2026 | $2,631 |
| June 2026 | $2,459 |
| July 2026 | $2,359 |
| August 2026 | $2,249 |
| September 2026 | $2,271 |
| October 2026 | $2,323 |
Affordability calculator
Can I afford to live at 301 Mcmasters St?
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
$108,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $108,000 annually to afford this 3-bedrooms monthly rent price of $2,700.
For more information on rent affordability, visit our rent calculator.
Schools near 301 Mcmasters St
Northside Elementary School
350 caldwell st
chapel hill, NC, 27516
PK, K-5Public
B+
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
Hortons Creek Elementary
7615 o'kelly chapel rd
cary, NC, 27519
PK, K-5Public
A
Ignite Online Academy
5321 ephesus church rd.
durham, NC, 27707
K-12Public
Neighborhood
Getting around Chapel Hill near 301 Mcmasters St
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 301 Mcmasters St, Chapel Hill
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
2/10
No high schools within a 30-minute walk
Nightlife
3/10
Few or no bars within walking distance
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