Townhouse for rent

Pet friendly

Updated 20 Hours Ago

313 Monarda Way
313 Monarda Way, Hillsborough, NC 27278, USA

Monthly rent	$2,200Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Beds	3
Baths	2.5
Sqft	1,652

Monthly rent	$2,200Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Beds	3
Baths	2.5
Sqft	1,652

Updated 20 Hours Ago

Highlights

Pet Friendly

Location

313 Monarda Way, Hillsborough, NC 27278, USA

Tour 313 Monarda Way

Contact

Park Real Estate Management

(919) 444-2204

Amenities for 313 Monarda Way

Features

Granite Counters	Hardwood Floor
Open Concept

Appliances

Dishwasher	Gas Range
Icemaker	In-Unit Laundry
Microwave	Oven
Refrigerator	Washer and Dryer

Community

Cats OK	Community Amenities
Dogs OK

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Limit1

Cat Policy

Allowed

Limit1

Questions about this property’s policies and fees?

About 313 Monarda Way

Home

Houses in Hillsborough

313 Monarda Way, Hillsborough, NC 27278, USA

Welcome to this beautifully maintained 3-bedroom, 2.5-bathroom townhouse in the desirable Waterstone community! Featuring a spacious, open-concept layout, this home offers a seamless flow between the living, dining, and kitchen areas, creating a comfortable and inviting space. Hardwood flooring welcomes you into the home, while the kitchen stands out with granite countertops, white cabinetry, and Bosch appliances. Step outside to enjoy the private patio, perfect for relaxing or enjoying your morning coffee. Upstairs, the spacious primary suite features a private en-suite bathroom with dual vanities and a walk-in closet. Two additional bedrooms and a full bathroom provide flexibility for a variety of living arrangements. Residents can also enjoy access to the community pool, conveniently located just moments away. With convenient access to I-40, nearby shopping, restaurants, and everyday essentials, this home offers a great combination of comfortable living and accessibility. Maximum of one pet permitted. Offered for lease by Park Real Estate Management. Contact Kaylin Maxwell at info@park-properties.com for more information and to schedule a tour. Applicants must have a 650+ credit score and income of 2.5x the monthly rental rate. $75 application fee per tenant over 18 years of age. $100 tenant onboarding fee for each adult applicant. Optional Resident Benefits Package $40/unit.

Property highlights

How 313 Monarda Way, Hillsborough, NC 27278, USA compares to other nearby properties.

Positives

Images Available: There are at least 10 photos of this property
Pool: Enhanced community features
Walk-in closet: More closet space on average

Considerations

Grow a garden indoors: A balcony, backyard, or shared outdoor space isn't available

Address details

Zip code	27278
Type	House for rent

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.

Rent trends in Hillsborough

3-bedroom apartments at 313 Monarda Way cost about the same as the average rent price for 3-bedroom apartments in Hillsborough.

Median rents as of Nov 7 2026.

Hillsborough

A table of 3-bedroom apartment rental data trends in Hillsborough
Month	Median Rent
November 2024	$1,712
December 2024	$1,687
January 2025	$1,676
February 2025	$1,653
March 2025	$2,100
April 2025	$2,100
May 2025	$2,100
June 2025	$2,100
July 2025	$2,098
August 2025	$2,004
September 2025	$1,958
October 2025	$1,911
November 2025	$2,021
December 2025	$2,106
January 2026	$1,909
February 2026	$1,945
March 2026	$1,920
April 2026	$1,903
May 2026	$1,924
June 2026	$1,990
July 2026	$2,017
August 2026	$2,132
September 2026	$2,048
October 2026	$2,198
November 2026	$2,200

Affordability calculator

Can I afford to live at 313 Monarda Way?

Bedrooms

3 bedrooms

Rent-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

$88,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 3-bedrooms monthly rent price of $2,200.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 313 Monarda Way, Hillsborough, NC.
				Bath
	1 year ago	$2,100	3 bed	2.5 bath
3 Beds, 2 Baths	1 year ago	$2,100	3 bed	2.5 bath
3 Beds, 2 Baths	1 year ago	$2,100	3 bed	2.5 bath
3 Beds, 2 Baths	1 year ago	$2,100	3 bed	2.5 bath
3 Beds, 2 Baths	2 years ago	$2,100	3 bed	2.5 bath
3 Beds, 2 Baths	2 years ago	$2,200	3 bed	2.5 bath
3 Beds, 2 Baths	2 years ago	$2,100	3 bed	2.5 bath
3 Beds, 2 Baths	3 years ago	$2,100	3 bed	2.5 bath
3 Beds, 2 Baths	3 years ago	$2,100	3 bed	2.5 bath
3 Beds, 2 Baths	3 years ago	$2,100	3 bed	2.5 bath

Schools near 313 Monarda Way

Neighborhood

NEIGHBORHOOD VIBE

Peaceful and quiet

Noise-canceling headphones not required in this mostly noise free area.

Getting around Hillsborough near 313 Monarda Way

Walking

1/10

You’ll need another mode of transportation for getting around. Scooter, anyone?

Driving

10/10

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

1/10

FYI, there are little to no public transit options within walking distance.

Points of interest for 313 Monarda Way, Hillsborough

Groceries

3/10

Some groceries within a short drive

Shopping

3/10

Some shops within a short drive

Cafes

2/10

Few or no cafés within a short drive

Restaurants

4/10

Some restaurants within a short drive

Primary schools

2/10

Closest elementary school further than a 30-minute walk

High schools

1/10

Closest high school further than a 30-minute walk

Nightlife

2/10

Few or no bars within a short drive

Other units at this address

313 Monarda Way, Hillsborough, NC

313 Monarda Way Hillsborough, NC

Occupied

1

3 Beds

2.5 Baths

1,727 sqft

$2,100

In-Unit Laundry • Hardwood Floor • Walk-In Closets

Listed by MLSullivan

Days on market: 569

This meticulously maintained 3-bedroom, 2.5-bathroom townhouse in desirable Water Stone features a thoughtful fluid layout designed for easy living! A functional foyer dressed in hardwood flooring flows into open living, dining, and a beautiful kitchen; outfitted with granite counters, crisp, white cabinetry, and Bosch appliances. Enjoy your morning coffee out on the private patio! The primary bedroom is upstairs for optimal privacy and features an en-suite complete with double vanity sinks and a walk-in closet. The community pool is just a moment away. Pets negotiable. Limited to one pet. Smoking and/or vaping of any kind is strictly prohibited in our homes. Qualified tenants will have a minimum 635 credit score, a debt-to-income ratio of 55% or lower, and will not have prior evictions, collections, charge-offs, or judgements. Applicants must view the home, apply on our site, and email copies of their current, valid photo id and 2 most recent pay stubs for verification. All applications must be submitted and processing fees paid to our firm directly: https mlsullivanpropertymanagement com tenants application-process The non-refundable application fee will then be charged, and the application processed. PLEASE Note: We are not responsible for applications submitted to third party sites, nor any application fees or deposits paid elsewhere. We allow 24 hours for application approval, 24 hours for potential tenants to review and sign lease, then 24 hours to make deposit to hold home until move-in. Move in Deposit Free with our Obligo security deposit solution- Tenant must qualify. Buildium Tenant Liability Coverage is required at $14.99 per month or portion of a month. MLSullivan Property Management is a professional property management company based in Durham, Nc. We serve Durham, Wake, Orange, and eastern Alamance Counties of North Carolina. We offer a variety of property management solutions, tailored to fit owners' needs. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.