1 Day Ago
Location
705 Oak Tree Dr, Chapel Hill, NC 27517, USA
Tour 705 Oak Tree Dr
Contact
Mill House Properties
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Amenities for 705 Oak Tree Dr
Community
| Dogs OK | 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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
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About 705 Oak Tree Dr
Come see this updated mid-century charm in a prime location near UNC, just a short walk from shops and restaurants, and off the bus line. The living room boasts real wood paneling and exposed brick, adding a warm, retro vibe, while new LVP flooring on the main level brings a sleek, modern feel. Upstairs, you'll find two generously sized bedrooms and two full baths. A convenient half bath on the main floor adds extra ease. The private outdoor patio is great for entertaining or gardening. Plus a refreshing pool for cooling off during hot NC summers. Small dogs only (25lbs or under) allowed (with $30 pet screening and $250 pet fee). Tenants responsible for electric, HOA pays water, no gas. ---------- Rental Requirements – Please Read Before Inquiring: Applicants must pass a background and credit check, provide rental/employment history, and earn at least 3x the rent monthly. A minimum credit score of 650 is required to qualify without a guarantor. We do not accept housing vouchers. More details: millhouseproperties. com how-to-rent View our other listings: millhouseproperties. com vacancies
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 705 Oak Tree Dr, Chapel Hill, NC 27517, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Middle school nearby
- There is a middle school 3 miles 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 | 27517 |
|---|---|
| Type | Condo for rent |
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Rent trends in Chapel Hill
2-bedroom apartments at 705 Oak Tree Dr cost about 8% less than the average rent price for 2-bedroom apartments in Chapel Hill.
Median rents as of Mar 21 2026.
Chapel Hill
| Month | Median Rent |
|---|---|
| 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 | $1,818 |
| December 2025 | $1,762 |
| January 2026 | $1,769 |
| February 2026 | $1,828 |
| March 2026 | $1,909 |
Affordability calculator
Can I afford to live at 705 Oak Tree Dr?
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
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 2-bedrooms monthly rent price of $1,800.
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 | |||||
|---|---|---|---|---|---|
| 1 year ago | $1,700 | 2 bed | 3 bath | ||
| 1 year ago | $1,850 | 2 bed | 3 bath | ||
| 5 years ago | $1,295 | 2 bed | 2.5 bath |
Schools near 705 Oak Tree Dr
Rashkis Elementary School
601 meadowmont ln
chapel hill, NC, 27517
PK, K-5Public
A
Hortons Creek Elementary
7615 o'kelly chapel rd
cary, NC, 27519
PK, K-5Public
A
Chatham Grove Elementary School
1301 andrews store rd
pittsboro, NC, 27312
PK, K-5Public
A
Ignite Online Academy
5321 ephesus church rd.
durham, NC, 27707
K-12Public
Parkside Elementary School
332 parkside valley dr
morrisville, NC, 27560
PK, K-5Public
A
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Internet available near 705 Oak Tree Dr
Getting around Chapel Hill near 705 Oak Tree Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
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
3/10
There are a few mass transit options within the area.
Points of interest for 705 Oak Tree Dr, Chapel Hill
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
0/10
No high schools within a 30-minute walk
Nightlife
2/10
Few or no bars within walking distance
Other units at this address
705 Oak Tree Dr, Chapel Hill, NC
705 Oak Tree Dr Chapel Hill, NC
Occupied
2 Beds, 2.5 Baths
2 Beds
2.5 Baths
$1,400
Microwave • Dishwasher • In-Unit Laundry • Carpet
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