Updated 5+ Days Ago
Highlights
- Ample off-street parking
- Laundry nook, full-sized washer, dryer
Location
407 S Merritt Mill Rd, Chapel Hill, NC 27516, USA
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Property Overview
407 S. Merritt Mill Road offers strong overall value with an 8/10 Zumper Expert Rating, highlighted by excellent amenities, a prime location, and competitive pricing. It also features ample off-street parking and a convenient laundry nook with a full-sized washer and dryer, while nearby top-rated middle and high schools add to its appeal.
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
High school nearby- Middle school nearby
- Central heat
Great for
Wellness
Social life
Floor plans
| 3BR/1.5BA | 3 bed | 1.5 bath | 1,050 sqft | $2,295 /mo | 1 unit available | Looking for a home near UNC with flexible leasing options? This charming 3-bedroom, 1.5-bath home is available for immediate move-in, with flexible lease terms available through May 15, 2027. Please note: This home has already been leased for the 2027–2028 academic year, beginning June 1, 2027. We are currently accepting applications for tenants seeking immediate occupancy. Perfectly situated at the corner of W. Cameron Avenue and Merritt Mill Road, this charming 3-bedroom, 1.5-bath home offers unbeatable convenience and comfort in the heart of Chapel Hill. From this location, you can easily walk to UNC Campus, Franklin Street, or downtown Carrboro — a truly ideal spot to call home. The home is currently has LVP flooring on the main level and carpet upstairs, fresh interior paint throughout, and a brand new dishwasher. Inside, you’ll find a bright living room with plenty of natural light and a ceiling fan for added comfort. The spacious eat-in kitchen features all major appliances, ample cabinetry, and lovely window views. All three bedrooms and a full bath are located upstairs for added privacy, while a convenient half bath and laundry nook with a full-sized washer and dryer are located downstairs. The rear deck provides a great space to relax outdoors or enjoy time with friends. Ample off-street parking in front of the home makes coming and going easy, and dedicated bike lanes along Cameron Avenue make trips to campus and town safe and accessible. No Pets. Renter’s insurance required. Tenants are responsible for all utility costs. Photos are illustrative purposes and may not reflect the exact unit or conditions. We encourage prospective applicants to tour the property before submitting an application. To schedule a tour Monday through Friday, from 9:00 a.m. to 4:30 p.m., please contact our Leasing Office at (919) 489-2000. The listed security deposit reflects our standard requirements; actual deposit amounts may vary based on your application qualifications. |
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Amenities for 407 S. Merritt Mill Road
Apartment Amenities
| Air Conditioning | Central Heat |
Appliances
| Central A/C | Dishwasher |
| Electric Range | In-Unit Laundry |
| Range | Refrigerator |
| Washer and Dryer |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
About 407 S. Merritt Mill Road
Looking for a home near UNC with flexible leasing options? This charming 3-bedroom, 1.5-bath home is available for immediate move-in, with flexible lease terms available through May 15, 2027. Please note: This home has already been leased for the 2027–2028 academic year, beginning June 1, 2027. We are currently accepting applications for tenants seeking immediate occupancy. Perfectly situated at the corner of W. Cameron Avenue and Merritt Mill Road, this charming 3-bedroom, 1.5-bath home offers unbeatable convenience and comfort in the heart of Chapel Hill. From this location, you can easily walk to UNC Campus, Franklin Street, or downtown Carrboro — a truly ideal spot to call home. The home is currently has LVP flooring on the main level and carpet upstairs, fresh interior paint throughout, and a brand new dishwasher. Inside, you’ll find a bright living room with plenty of natural light and a ceiling fan for added comfort. The spacious eat-in kitchen features all major appliances, ample cabinetry, and lovely window views. All three bedrooms and a full bath are located upstairs for added privacy, while a convenient half bath and laundry nook with a full-sized washer and dryer are located downstairs. The rear deck provides a great space to relax outdoors or enjoy time with friends. Ample off-street parking in front of the home makes coming and going easy, and dedicated bike lanes along Cameron Avenue make trips to campus and town safe and accessible. No Pets. Renter’s insurance required. Tenants are responsible for all utility costs. Photos are illustrative purposes and may not reflect the exact unit or conditions. We encourage prospective applicants to tour the property before submitting an application. To schedule a tour Monday through Friday, from 9:00 a.m. to 4:30 p.m., please contact our Leasing Office at (919) 489-2000. The listed security deposit reflects our standard requirements; actual deposit amounts may vary based on your application qualifications.
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 407 S. Merritt Mill Road is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 407 S. Merritt Mill Road has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, 407 S. Merritt Mill Road is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
407 S. Merritt Mill Road goes above and beyond to provide sought-after conveniences and desirable perks, including air conditioning. Renters looking for popular or luxurious features will find them here—and for that reason, 407 S. Merritt Mill Road 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.
407 S. Merritt Mill Road 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 407 S. Merritt Mill Road 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.
407 S. Merritt Mill Road 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 407 S. Merritt Mill Road compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 miles away
- Middle school nearby
- There is a middle school 0.2 miles away
- Central heat
- Climate controlled environment
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Chapel Hill
3-bedroom apartments at 407 S. Merritt Mill Road cost about 2% less than the average rent price for 3-bedroom apartments in Chapel Hill.
Median rents as of Oct 17 2026.
Chapel Hill
| Month | Median Rent |
|---|---|
| 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 |
| September 2026 | $1,568 |
| October 2026 | $1,598 |
Affordability calculator
Can I afford to live at 407 S Merritt Mill 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
$91,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 3-bedrooms monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.
Schools near 407 S. Merritt Mill Road
Northside Elementary School
350 caldwell st
chapel hill, NC, 27516
PK, K-5Public
B+
Chatham Grove Elementary School
1301 andrews store rd
pittsboro, NC, 27312
PK, K-5Public
A
Hortons Creek Elementary
7615 o'kelly chapel rd
cary, NC, 27519
PK, K-5Public
A
Buncombe County Schools Virtual Academy
NC
K-12Public
C+
Ignite Online Academy
5321 ephesus church rd.
durham, NC, 27707
K-12Public
Neighborhood
Getting around Chapel Hill near 407 S Merritt Mill Rd
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 407 S Merritt Mill Rd, Chapel Hill
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
4/10
Some bars within walking distance
Explore the area around 407 S Merritt Mill Rd
Harris Teeter
310 N Greensboro St
Acme Market
Carrboro Farmers Market
301 W Main St
Foster's Market Chapel Hill
750 Martin Luther King Jr Blvd
Food Lion
602 Jones Ferry Rd
Rumors Boutique
106 N Graham St
Rumors LLC
106 N Graham St
Uniquities
452 W Franklin St
Fleet Feet, Inc
310 E Main St
Fleet Feet
310 E Main St
Tin Cup Joe
102 S Merritt Mill Rd
Vimala's Curryblossom Cafe
431 W Franklin St
Tropical Smoothie Cafe
400 W Franklin St
Gray Squirrel Coffee Co
360 E Main St
Starbucks
143 W Franklin St
Beer Study
504 W Franklin St
Carolina Brewery
460 W Franklin St
The Baxter
108 N Graham St
Northside District
403 W Rosemary St
Trophy Room
311 W Franklin St
Tom Robinson's Carolina Seafood
207 Roberson St
100 Market Street LLC
106 S Greensboro St
Cliff's Meat Market
100 W Main St
Even Dough
203 W Weaver St
Sari Sari Bakery
301 W Main St
Nature Reserve
Nature Reserve
Nature Reserve
Nature Reserve
Playground
The Purple Bowl
505 W Franklin St
Papa Johns
607B W Franklin St
Philly Steak Factory
431 W Franklin St
Vimala's Curryblossom Cafe
431 W Franklin St
Pho Happiness
508A W Franklin St
Merritt Mill Road / Locust Court
Carrboro / Merritt Mill Rd / Family Med
Cameron Av / Kennon Cheek / Rebecca Clark Building
Carrboro / Merritt Mill Rd / Family Med
Cameron Avenue / Railroad Tracks
Carrboro / Merritt Mill Rd / Family Med
Merritt Mill Road / Locust Court
Carrboro / Merritt Mill Rd / Family Med
Cameron Avenue / South Roberson Street
Carrboro / Merritt Mill Rd / Family Med
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