3 Days Ago
Highlights
Pet Friendly
Location
243 Cedar Terrace Rd, Chapel Hill, NC 27516, USA
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Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 870 sqft | $1,295 /mo | 1 unit available | 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. At Park Real Estate Management, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price of $1335 includes rent, plus pest control, air filter delivery, credit building and more at a rate of $40.00/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. We look forward to helping you find your new home! |
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Amenities for 243 Cedar Terrace Rd
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?
Building details
Property details
| Units | 2 |
|---|
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About 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. At Park Real Estate Management, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price of $1335 includes rent, plus pest control, air filter delivery, credit building and more at a rate of $40.00/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. 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.
7.2
/10
Very Good243 Cedar Terrace Rd 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 Quality, but it offers a satisfying, above-average quality of life.
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·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, 243 Cedar Terrace Rd 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.
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.
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.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
- No in-unit dishwasher
- Dishwashers aren't available
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Rent trends in Chapel Hill
2-bedroom apartments at 243 Cedar Terrace Rd cost about 30% less than the average rent price for 2-bedroom apartments in Chapel Hill.
Median rents as of Jun 6 2026.
Chapel Hill
| Month | Median Rent |
|---|---|
| June 2024 | $1,578 |
| 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 |
| 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 | $1,728 |
Affordability calculator
Can I afford to live at 243 Cedar Terrace Rd?
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
$51,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this 2-bedrooms monthly rent price of $1,295.
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
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
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
0/10
Few or no bars within walking distance
Explore the area around 243 Cedar Terrace Rd
Alex Lee Inc
11312 US 15 501 N
Lowes Foods
11312 US 15 501 N
Walmart Supercenter
12500 US 15 501 N
Harris Teeter
88 Chatham Downs Dr
Weaver Street Market
716 Market St
Chatham PTA Thrift Shop
11500 US 15 501 N
Mtailor
11312 US 15 501 N
Walmart Supercenter
12500 US 15 501 N
Kids Everywear Inc
1164 Old Lystra Rd
Dovecote
2000 Fearrington Village Ctr
Olilu Coffee Works LLC
24 Laurel Grove Ct
Starbucks
88 Chatham Downs Dr
Bean & Barrel
50100 Governors Dr
Caballo Rojo Coffee LLC
201 Howell St
Saladelia Cafe
125 Mason Farm Road Marsico Hall
Cloudvapes
1105 W NC Highway 54 Byp
Atlas Bar
118 E Main St
Armadillo Grill
120 E Main St
Hickory Tavern
370 E Main St
La Tequila & Eats
370 E Main St
Walmart Bakery
12500 US 15 501 N
Walmart Deli
12500 US 15 501 N
Angel Dough Bakery LLC
106 Benwall Ct
100 Market Street LLC
106 S Greensboro St
Tom Robinson's Carolina Seafood
207 Roberson St
Christie Park
Park
Playground
Briar Chapel Commons
Nature Reserve
Captain John's Dockside Inc
11550 US 15 501 N
Ciao Bella
11500 US 15 501 N
McDonald's
11460 US 15 501 N
Domino's
11312 Hwy 15-501 N Chatham Crossings
Village Pizza & Pasta
11312 US 15 501 N
Chatham County Park and Ride
Chatham County Express
Southern Village Park-and-Ride Lot
Eubanks Rd / Southern Village
Kildaire Road at Market Street
Eubanks Rd / Southern Village
Rock Haven Road opposite Rock Creek West
Carrboro / Downtown Chapel Hill / Jones Ferry Rd
Rock Haven Road at Rock Creek Road West
Carrboro / Downtown Chapel Hill / Jones Ferry Rd, Franklin Street / Carrboro / Rock Creek
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