4 Days Ago
Highlights
Pet Friendly
Location
5240 Chesapeake Rd, Fayetteville, NC 28311, USA|E. E. Smith
Tour 5240 Chesapeake Rd
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Peery's Properties
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Amenities for 5240 Chesapeake Rd, E. E. Smith
Building
| Cats OK | 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
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?
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About 5240 Chesapeake Rd
Coming Soon: Repairs, painting and cleaning in progress. Available after 15 January 2026. 3 bedroom 2 bath home that is less than 10 minutes to the gates of Fort Bragg, NC and 5 minutes to the Goodyear plant. New interior paint and multiple upgrades. Fenced backyard, small pets permitted, NO HIGH RISK ANIMALS OR SMOKERS. Section 8 vouchers not accepted. Applicant qualifications: FICO score 600 or Vantage score 550 or higher No eviction or foreclosures Income must be 3 times the rent Schools: College Lakes Elementary Spring Lake Middle Pine Forest High Utilities: PWC power, water and sewer Piedmont Natural Gas heat All tenants are required to have renter’s insurance. There are 2 options: 1. Provide a copy of their own policy to the portal. 2. Purchase the basic renter’s insurance policy provided by AppFolio for $11.95 Working with Real Estate Agents (Lease Transactions)(For Tenants) Peery’s Property Management, LLC may assist you in your lease, but will not be representing you and has no loyalty to you. The agent will represent the landlord and is required to give the landlord any information about you (even person, financial or confidential information) that would help the landlord in the lease of their property. This home is professional managed by Peery’s Property Management, LLC. We don’t list properties on Craig’s List or Facebook. If view this listing on either website, please report as a scam. Thank you.
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 5240 Chesapeake Rd compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 379 sqft larger than other listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 3 miles away
Address details
| Neighborhood | E. E. Smith |
|---|---|
| Zip code | 28311 |
| Type | House for rent |
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Rent trends in E. E. Smith
3-bedroom apartments at 5240 Chesapeake Rd cost about 17% more than the average rent price for 3-bedroom apartments in Fayetteville.
Median rents as of Jan 3 2026.
E. E. Smith
Fayetteville
| Month | Median Rent |
|---|---|
| February 2024 | $1,400 |
| March 2024 | $1,405 |
| April 2024 | $1,450 |
| May 2024 | $1,481 |
| June 2024 | $1,495 |
| July 2024 | $1,508 |
| August 2024 | $1,504 |
| September 2024 | $1,517 |
| October 2024 | $1,500 |
| November 2024 | $1,498 |
| December 2024 | $1,500 |
| January 2025 | $1,500 |
| February 2025 | $1,500 |
| March 2025 | $1,500 |
| April 2025 | $1,500 |
| May 2025 | $1,540 |
| June 2025 | $1,550 |
| July 2025 | $1,599 |
| August 2025 | $1,600 |
| September 2025 | $1,596 |
| October 2025 | $1,547 |
| November 2025 | $1,556 |
| December 2025 | $1,549 |
| January 2026 | $1,510 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,400 |
| March 2024 | $1,369 |
| April 2024 | $1,398 |
| May 2024 | $1,421 |
| June 2024 | $1,457 |
| July 2024 | $1,453 |
| August 2024 | $1,461 |
| September 2024 | $1,459 |
| October 2024 | $1,424 |
| November 2024 | $1,472 |
| December 2024 | $1,511 |
| January 2025 | $1,508 |
| February 2025 | $1,459 |
| March 2025 | $1,456 |
| April 2025 | $1,470 |
| May 2025 | $1,510 |
| June 2025 | $1,447 |
| July 2025 | $1,478 |
| August 2025 | $1,514 |
| September 2025 | $1,507 |
| October 2025 | $1,511 |
| November 2025 | $1,489 |
| December 2025 | $1,450 |
| January 2026 | $1,493 |
Affordability calculator
Can I afford to live at 5240 Chesapeake Rd?
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
$70,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 3-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.
Schools near 5240 Chesapeake Rd
College Lakes Elementary School
4963 rosehill rd
fayetteville, NC, 28311
PK, K-5Public
C
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Internet available near 5240 Chesapeake Rd
Neighborhood
E. E. Smith | Fayetteville, NC
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Fayetteville near 5240 Chesapeake Rd
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 5240 Chesapeake Rd, Fayetteville
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
4/10
Limited amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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Check availability
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