Zumper
modified
Updated 3 Days Ago

Highlights

  • Pet Friendly
  • Dishwasher
  • Wooded area
  • Peaceful setting
  • Comfortable living spaces
  • Washer/dryer connections
  • On-site

Location

243 Cedar Terrace Rd, Chapel Hill, NC 27516, USA
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Contact

Management

Park Real Estate Management

Leasing office

(984) 369-8526 ext. 2

Property Overview

243 Cedar Terrace Rd earns a solid overall rating, with especially strong marks for amenities, location, and trustworthiness. Its wooded area, peaceful setting, comfortable living spaces, dishwasher, and washer/dryer connections add to the appeal, while nearby pet services make it stand out for pet friendliness.

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.

Zumper Expert Rating

7.4
Very Good
243 Cedar Terrace Rd is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Dishwasher

Great for

  • Pet owners

Floor plans

2BR/1.0BA2 bed1 bath870 sqft$1,250 /mo1 unit availableDiscover this charming two-bedroom, one-bath duplex tucked away in the quiet Cedar Terrace community. Located in Chatham County with convenient access to Chapel Hill, Pittsboro, UNC, and Durham, this home offers a peaceful setting while still being close to everything you need. The home features a functional one-level layout with comfortable living spaces, a bright kitchen with a dishwasher, and a private back porch overlooking a wooded area. Both bedrooms offer ample space, and washer/dryer connections are available on-site for added convenience. Pets are welcome. Enjoy the balance of privacy, nature, and accessibility in a location that feels tucked away while remaining just minutes from shopping, dining, schools, and major commuter routes. Offered for lease by Park Real Estate Management. Contact Nicole Galiger at info@park-properties.com for more information and to schedule a tour. Applicants must have 650+ credit score and income 3x monthly rental rate. $75 application fee per tenant over 18 years of age. $100 tenant onboarding fee for each adult applicant. $40/optional resident benefit package/month We look forward to helping you find your new home!

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Amenities for 243 Cedar Terrace Rd

Apartment Amenities

Washer/Dryer Hookups

Appliances

DishwasherIn-Unit Laundry
RangeRefrigerator
Stove

Building

Cats OKDogs 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?

Building details

Property details

Units2
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About 243 Cedar Terrace Rd

HomeApartments in Chapel Hill 243 Cedar Terrace Rd

Discover this charming two-bedroom, one-bath duplex tucked away in the quiet Cedar Terrace community. Located in Chatham County with convenient access to Chapel Hill, Pittsboro, UNC, and Durham, this home offers a peaceful setting while still being close to everything you need. The home features a functional one-level layout with comfortable living spaces, a bright kitchen with a dishwasher, and a private back porch overlooking a wooded area. Both bedrooms offer ample space, and washer/dryer connections are available on-site for added convenience. Pets are welcome. Enjoy the balance of privacy, nature, and accessibility in a location that feels tucked away while remaining just minutes from shopping, dining, schools, and major commuter routes. Offered for lease by Park Real Estate Management. Contact Nicole Galiger at info@park-properties.com for more information and to schedule a tour. Applicants must have 650+ credit score and income 3x monthly rental rate. $75 application fee per tenant over 18 years of age. $100 tenant onboarding fee for each adult applicant. $40/optional resident benefit package/month We look forward to helping you find your new home!


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.
7.4
/10
Very Good
243 Cedar Terrace Rd is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 243 Cedar Terrace Rd
Price·6A 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.
243 Cedar Terrace Rd is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·9A 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.
243 Cedar Terrace Rd goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 243 Cedar Terrace Rd receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
243 Cedar Terrace Rd 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 243 Cedar Terrace Rd 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.

243 Cedar Terrace Rd is great for:

Pet owners

  • 3 pet supply stores near the property
  • 1 pet grooming service nearby
  • 1 pet hospital in the area

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 243 Cedar Terrace Rd compares to other nearby properties.

Positives

Dishwasher
Dishwasher available in kitchen

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Chapel Hill

2-bedroom apartments at 243 Cedar Terrace Rd cost about 24% less than the average rent price for 2-bedroom apartments in Chapel Hill.

Median rents as of Aug 29 2026.
Chapel Hill
A table of studio rental data trends in Chapel Hill
MonthMedian Rent
September 2024$1,656
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
November 2025$1,696
December 2025$1,689
January 2026$1,728
February 2026$1,716
March 2026$1,699
April 2026$1,703
May 2026$1,727
June 2026$1,597
July 2026$1,437
August 2026$1,479

Affordability calculator

Can I afford to live at 243 Cedar Terrace Rd?

Bedrooms

2 bedrooms

Rent-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

$50,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 2-bedrooms monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.

Schools near 243 Cedar Terrace Rd

Chatham Grove Elementary School

1301 andrews store rd

pittsboro, NC, 27312

PK, K-5Public
A

Perry W. Harrison Elementary School

2655 hamlet chapel rd

pittsboro, NC, 27312

PK, K-5Public
A

Buncombe County Schools Virtual Academy

NC

K-12Public
C+

Chatham County Schools Virtual Academy

369 west st

pittsboro, NC, 27312

K-12Public

Hortons Creek Elementary

7615 o'kelly chapel rd

cary, NC, 27519

PK, K-5Public
A
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Internet available near 243 Cedar Terrace Rd

Getting around Chapel Hill near 243 Cedar Terrace Rd

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 243 Cedar Terrace Rd, Chapel Hill

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

2/10
Some shops within a short drive

Cafes

2/10
Few or no cafés within a short drive

Restaurants

4/10
Some restaurants within a short drive

Primary schools

2/10
Closest elementary school further than a 30-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

2/10
Few or no bars within a short drive

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