5+ Days Ago
Highlights
Pet Friendly
Location
500 Umstead Dr #C306, Chapel Hill, NC 27516, USA
Tour 500 Umstead Dr #C306
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Property Overview
Located in a desirable area of Chapel Hill, this property offers convenient access to local amenities, parks, and public transportation. Its notable features include modern interiors, a spacious layout, and access to community facilities. This location is great for those seeking a vibrant lifestyle with a mix of outdoor activities and urban conveniences.
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- Middle school nearby
- Elementary school nearby
Great for
Pet owners
Social life
Amenities for 500 Umstead Dr #C306
Apartment Amenities
| Air Conditioning | Balcony |
Appliances
| Dishwasher | In-Unit Laundry |
Tech
| Cable Ready |
Building
| Cats OK | Dogs OK |
Grounds
| Assigned Parking |
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
| Allowed |
|---|
Cat policy
| Allowed |
|---|
Contact for more information on pet policy.
Parking
| Assigned Parking | Contact for Price |
|---|
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About 500 Umstead Dr #C306
Available 8/30/2025 1.5mi from historic UNC Chapel Hill campus, along Bolin Creek and 2 min to downtown Chapel Hill. 2bd/1.5ba on the second floor, large balcony and assigned parking. Washer/dryer located in complex (not in unit). Minutes to Bolin Creek Trail. HCo leases require a $25 monthly fee that covers $100k insurance, air filters, credit reporting and more.
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 500 Umstead Dr, Chapel Hill, NC 27516, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Middle school nearby
- There is a middle school 0.4 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Elementary school nearby
- There is an elementary school 0.4 mile away
- Central heat
- This address offers a climate controlled environment
- 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
Address details
| Zip code | 27516 |
|---|---|
| Type | Condo for rent |
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Rent trends in Chapel Hill
2-bedroom apartments at 500 Umstead Dr #C306 cost about 29% less than the average rent price for 2-bedroom apartments in Chapel Hill.
Median rents as of Aug 30 2025.
Chapel Hill
| Month | Median Rent |
|---|---|
| September 2023 | $2,119 |
| October 2023 | $2,040 |
| November 2023 | $1,976 |
| 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 | $1,795 |
Affordability calculator
Can I afford to live at 500 Umstead Dr #C306?
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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms monthly rent price of $1,300.
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.| Bath | |||||
|---|---|---|---|---|---|
| 4 months ago | $1,595 | 2 bed | 1.5 bath | ||
| 6 months ago | $1,400 | 2 bed | 1.5 bath | ||
| 11 months ago | $545 | 1 bed | 1 bath | ||
| 11 months ago | $1,400 | 3 bed | 2 bath | ||
| 1 year ago | $1,500 | 3 bed | 2 bath | ||
| 1 year ago | $1,400 | 3 bed | 3 bath | ||
| 1 year ago | $1,800 | 3 bed | 2 bath | ||
| 1 year ago | $1,400 | 3 bed | 2 bath | ||
| 1 year ago | $1,400 | 3 bed | 2 bath |
Schools near 500 Umstead Dr #C306
Carrboro Elementary School
400 shelton st
carrboro, NC, 27510
PK, K-5Public
A
Seawell Elementary School
9115 seawell school rd
chapel hill, NC, 27516
PK, K-5Public
A+
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Internet available near 500 Umstead Dr #C306
Getting around Chapel Hill near 500 Umstead Dr #C306
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.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 500 Umstead Dr #C306, Chapel Hill
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
3/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
1/10
No elementary schools within a 30-minute walk
High schools
1/10
No high schools within a 30-minute walk
Nightlife
2/10
Few or no bars within walking distance
Other units at this address
500 Umstead Dr, Chapel Hill, NC
500 Umstead Dr Chapel Hill, NC
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