2 Days Ago
Location
116 Kenan St, Chapel Hill, NC 27516, USA
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Property Overview
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- High school nearby
Great for
Social life
Floor plans
| 3BR/1.0BA | 3 bed | 1 bath | 1,200 sqft | $1,000 /mo | 1 unit available | STUDENTS ONLY: Room for sublease for Spring Semester This spacious unit features 3 bedrooms and 1 bathroom, with all three bedrooms conveniently located upstairs. The main floor includes living area, dining area, kitchen, and laundry space tucked under the stairs. The entire unit has recently been refreshed with carpet and paint. The kitchen is equipped with sleek stainless steel appliances, and a washer and dryer is included in the unit, making laundry a breeze. The full bathroom features a tub. Residents can enjoy the quintessential Chapel Hill experience relaxing on the large front porch, and a gravel parking lot is available in the back for added convenience. This historic home offers an unbeatable location with immediate access to dining, shopping, and campus life, and is in move-in-ready condition! This property is offered for lease through Park Real Estate Management. Contact Broker Shannon Stark at info@park-properties to schedule a tour. Applicants / Co-signers must have 650+ credit score and income 3x the monthly lease rate in order to qualify. $75 application fee per applicant. $100 per adult tenant onboarding fee. |
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Policies and fees
Building details
Property details
| Units | 3 |
|---|
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About 116 Kenan Street
STUDENTS ONLY: Room for sublease for Spring Semester This spacious unit features 3 bedrooms and 1 bathroom, with all three bedrooms conveniently located upstairs. The main floor includes living area, dining area, kitchen, and laundry space tucked under the stairs. The entire unit has recently been refreshed with carpet and paint. The kitchen is equipped with sleek stainless steel appliances, and a washer and dryer is included in the unit, making laundry a breeze. The full bathroom features a tub. Residents can enjoy the quintessential Chapel Hill experience relaxing on the large front porch, and a gravel parking lot is available in the back for added convenience. This historic home offers an unbeatable location with immediate access to dining, shopping, and campus life, and is in move-in-ready condition! This property is offered for lease through Park Real Estate Management. Contact Broker Shannon Stark at info@park-properties to schedule a tour. Applicants / Co-signers must have 650+ credit score and income 3x the monthly lease rate in order to qualify. $75 application fee per applicant. $100 per adult tenant onboarding fee.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
6.6
/10
Good116 Kenan Street is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
Price·4A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Monthly rent at 116 Kenan Street is less expensive than other properties in the neighborhood. Because of the risk associated with the significant cost difference, this building received a 4/10. Expect to pay less, but only get the basic necessities.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 116 Kenan Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
116 Kenan Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 116 Kenan Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
116 Kenan Street is great for:
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 116 Kenan Street compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.5 mile away
- High school nearby
- There is a high school 1 mile away
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Rent trends in Chapel Hill
3-bedroom apartments at 116 Kenan Street cost about 65% less than the average rent price for 3-bedroom apartments in Chapel Hill.
Median rents as of Oct 25 2025.
Chapel Hill
| Month | Median Rent |
|---|---|
| November 2023 | $1,628 |
| December 2023 | $1,687 |
| January 2024 | $1,663 |
| February 2024 | $1,743 |
| March 2024 | $1,753 |
| April 2024 | $1,702 |
| May 2024 | $1,573 |
| June 2024 | $1,591 |
| July 2024 | $1,514 |
| August 2024 | $1,566 |
| September 2024 | $1,655 |
| October 2024 | $1,670 |
| November 2024 | $1,659 |
| December 2024 | $1,651 |
| January 2025 | $1,646 |
| February 2025 | $1,619 |
| March 2025 | $1,600 |
| April 2025 | $1,592 |
| May 2025 | $1,596 |
| June 2025 | $1,630 |
| July 2025 | $1,623 |
| August 2025 | $1,627 |
| September 2025 | $1,671 |
| October 2025 | $1,728 |
Affordability calculator
Can I afford to live at 116 Kenan St?
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
$40,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 3-bedrooms monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.
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Internet available near 116 Kenan Street
Getting around Chapel Hill near 116 Kenan St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 116 Kenan St, Chapel Hill
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
4/10
Some bars within walking distance
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