3 Days Ago
Location
408 Martin Luther King Jr Blvd, Chapel Hill, NC 27514, USA
Tour 408 Martin Luther King Jr Blvd
Contact
Mill House Properties
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Property Overview
Located in a vibrant area, the property offers close proximity to local amenities and public transportation. Great for those who appreciate a lively community, it presents opportunities for investment and engagement with nearby cultural and recreational activities. Notable features include a spacious layout and modern updates, enhancing both comfort and functionality.
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
- Middle school nearby
Great for
Social life
Amenities for 408 Martin Luther King Jr Blvd
Appliances
| Refrigerator |
Building
| Water/Sewer |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 408 Martin Luther King Jr Blvd
Recently renovated. Stainless steel stove and refrigerator. Hardwood floors throughout with ceramic tile in the bathroom. Large linen closet, window unit AC, and two parking spaces. Please note that these units do not have a washer/dryer or laundry room. Water and lawn maintenance included. Tenants pay for Electric and Gas. No pets. Located at Oak Terrace. Walking distance to UNC campus and downtown Chapel Hill.
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 408 Martin Luther King Jr Blvd compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.3 mile away
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 27514 |
|---|---|
| Type | House for rent |
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Rent trends in Chapel Hill
2-bedroom apartments at 408 Martin Luther King Jr Blvd cost about 3% less than the average rent price for 2-bedroom apartments in Chapel Hill.
Median rents as of Nov 8 2025.
Chapel Hill
| Month | Median Rent |
|---|---|
| November 2023 | $1,955 |
| December 2023 | $1,949 |
| January 2024 | $1,986 |
| February 2024 | $1,852 |
| March 2024 | $1,864 |
| 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 | $1,820 |
Affordability calculator
Can I afford to live at 408 Martin Luther King Jr Blvd?
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
$71,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $71,600 annually to afford this 2-bedrooms monthly rent price of $1,790.
For more information on rent affordability, visit our rent calculator.
Schools near 408 Martin Luther King Jr Blvd
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
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Internet available near 408 Martin Luther King Jr Blvd
Getting around Chapel Hill near 408 Martin Luther King Jr Blvd
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
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
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 408 Martin Luther King Jr Blvd, Chapel Hill
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
2/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within a few minutes’ walk
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