Apartment for rent

Pet friendly

58 Minutes Ago

8.5

Very Good

Carolina Square Apartments
133 W Franklin St, Chapel Hill, NC 27516, USA

NWR Management LLC

133 W Franklin St, Chapel Hill, NC 27516, USA

8.5

Very Good

Monthly rent	$1,651–$7,167
Beds	Studios–4
Baths	1–4
Sqft	456–1,914

Monthly rent	$1,651–$7,167
Beds	Studios–4
Baths	1–4
Sqft	456–1,914

58 Minutes Ago

Highlights

Pet Friendly

2 bedroom with den
Saltwater pool

Location

133 W Franklin St, Chapel Hill, NC 27516, USA

Hi! Let’s figure out if this property is right for you.

Tour Carolina Square

Contact

Managed by

Management

NWR Management LLC

Leasing office

(844) 325-4840 ext. 3664

Open today

10:00 am–6:00 pm ET

Property Overview

Carolina Square receives strong ratings across multiple dimensions, including an 8.5 out of 10 overall from Zumper, highlighting its competitive pricing and exceptional amenities rated at 10. The property excels in location with a 9 out of 10 rating, providing easy access to key attractions and transportation options. With notable features such as a saltwater pool and proximity to numerous restaurants, parks, and fitness centers, it creates an appealing environment for those seeking an active lifestyle while fostering community engagement.

Zumper Expert Rating

8.5

Very Good

With a solid 8.5 out of 10 overall, Carolina Square is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Carolina Square has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

More space
Elevator
Images Available

Great for

Eco living
Wellness
Social life

Floor plans

A-SA3	Studio	1 bath	526 sqft	$1,651 /mo	A-Sa3
B-SC1	Studio	1 bath	570 sqft	$1,754–$3,360 /mo
A-SA2	Studio	1 bath	504 sqft	$1,754–$3,360 /mo
A-SA1	Studio	1 bath	456 sqft	$1,754–$3,360 /mo
B-SC3	Studio	1 bath	915 sqft	$1,754–$3,360 /mo
B-SA3	Studio	1 bath	526 sqft	$1,754–$3,360 /mo
B-SC2	Studio	1 bath	620 sqft	$1,754–$3,360 /mo
B-SD	Studio	1 bath	513 sqft	$2,090–$2,100 /mo	B-Sd
B-SD	Studio	1 bath	515 sqft	$2,151 /mo	B-Sd1
B-1A1	1 bed	1 bath	687 sqft	$1,964 /mo	B-1A4
B-1A1 ANSI	1 bed	1 bath	749 sqft	$2,061 /mo	B-1A1 Ansi
A-1B1	1 bed	1 bath	706 sqft	$2,096 /mo	A-1B1
B-1B1	1 bed	1 bath	710 sqft	$2,153–$2,678 /mo
A-1A1	1 bed	1 bath	682 sqft	$2,153–$2,678 /mo
A-1B3	1 bed	1 bath	622 sqft	$2,373–$2,408 /mo	A-1B3
A-1B1	1 bed	1 bath	637 sqft	$2,482–$2,517 /mo	A-1B2
B-2A4	2 bed	2 bath	1,054 sqft	$3,161 /mo	B-2A4
A-2C1	2 bed	2 bath	967 sqft	$3,238 /mo	A-2C2
B-2A1	2 bed	2 bath	1,002 sqft	$3,423–$3,478 /mo	B-2F1
B-2F	2 bed	2 bath	1,009 sqft	$3,597–$4,804 /mo
A-2B1	2 bed	2 bath	1,181 sqft	$3,597–$4,804 /mo
A-2A1	2 bed	2 bath	1,009 sqft	$3,597–$4,804 /mo
B-2A5	2 bed	2 bath	1,005 sqft	$3,597–$4,804 /mo
A-2D1	2 bed	2 bath	1,086 sqft	$3,597–$4,804 /mo
B-2D1	2 bed	2 bath	1,115 sqft	$3,597–$4,804 /mo
A-2C3	2 bed	2 bath	981 sqft	$3,597–$4,804 /mo
A-2C1	2 bed	2 bath	973 sqft	$3,597–$4,804 /mo	A-2C1
A-2C4	2 bed	2 bath	968 sqft	$3,597–$4,804 /mo
A-2E2	2 bed	2 bath	1,015 sqft	$3,597–$4,804 /mo
B-2A1	2 bed	2 bath	1,012 sqft	$3,643–$3,733 /mo	B-2A1
B-3H	2 bed	3 bath	1,351 sqft	$4,453 /mo	2 Bedroom with Den
B-3A2	3 bed	3 bath	1,417 sqft	$4,226–$4,261 /mo	B-3A2
B-3A2	3 bed	3 bath	1,415 sqft	$4,228 /mo	B-3A5
B-3A3	3 bed	3 bath	1,412 sqft	$4,307 /mo	B-3A3
A-3A3	3 bed	3 bath	1,433 sqft	$4,489–$6,295 /mo
A-3C1	3 bed	3 bath	1,268 sqft	$4,489–$6,295 /mo
A-3B1	3 bed	3 bath	1,313 sqft	$4,489–$6,295 /mo
A-3A4	3 bed	3 bath	1,320 sqft	$4,489–$6,295 /mo
A-3A1	3 bed	3 bath	1,326 sqft	$4,489–$6,295 /mo
B-3D1	3 bed	3 bath	1,624 sqft	$4,489–$6,295 /mo
B-3C1	3 bed	3 bath	1,377 sqft	$4,489–$6,295 /mo
B-3B1	3 bed	3 bath	1,329 sqft	$4,489–$6,295 /mo
B-3B2	3 bed	3 bath	1,312 sqft	$4,489–$6,295 /mo
B-3G1	3 bed	3 bath	1,291 sqft	$4,489–$6,295 /mo
B-3E1	3 bed	3 bath	1,624 sqft	$4,489–$6,295 /mo	3
A-3E	3 bed	3 bath	1,692 sqft	$4,489–$6,295 /mo
A-3D	3 bed	3 bath	1,397 sqft	$4,489–$6,295 /mo
B-3A1	3 bed	3 bath	1,680 sqft	$4,489–$6,295 /mo
A-3A2	3 bed	3 bath	1,433 sqft	$4,489–$6,295 /mo
B-3A4	3 bed	3 bath	1,397 sqft	$4,565 /mo	B-3A4
B-4B2	4 bed	4 bath	1,800 sqft	$5,214 /mo	B-4B2
B-4C3	4 bed	4 bath	1,704 sqft	$5,613 /mo	B-4C3
B-4C3	4 bed	4 bath	1,914 sqft	$5,825 /mo	B-4C1
B-4B2	4 bed	4 bath	1,881 sqft	$5,872 /mo	B-4B1
B-4D	4 bed	4 bath	1,776 sqft	$6,227–$7,167 /mo

Let's explore this property.

Amenities for Carolina Square

Apartment Amenities

Private Storage

Building

Business Center	Cats OK
Clubhouse	Conference Room
Controlled Access	Cyber Cafe
Dogs OK	Elevator
Fitness Center	Package Locker
Recreation Room	Resident Lounge
Residents Lounge

Grounds

Garage Parking	Grills/Grilling Area
Outdoor Space	Storage
Swimming Pool

Services

On-Site Maintenance	On-Site Management
Package Service	Planned Social Activities

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

Dog policy

Allowed
Limit	2
Fee	$400
Monthly Rent	$45

Cat policy

Allowed
Limit	2
Fee	$400
Monthly Rent	$45

We are a pet friendly community! We welcome 2 pets per apartment home. There is a $400 one-time pet fee and a pet rent of $45/pet/month. Please contact our leasing office for the full pet policy.

Parking

Covered Lot	$175
Please contact leasing office for complete details.

Required one-time fees

Security Deposit	$500

Building details

Property details

Year built	2017
Units	245
Lease terms	4–12 months

About Carolina Square

Home

Apartments in Chapel Hill

Carolina Square

Located in the heart of Chapel Hill's vibrant Franklin Street, Carolina Square offers unparalleled access to the best of main street living, perfect for UNC Chapel Hill students. This community stands out with its impressive amenities, including a gorgeous sky-deck overlooking Franklin Street, a large urban park, and a saltwater pool. Experience the Northwood Ravin difference with meticulously designed residences and a community that prioritizes your lifestyle. Schedule a tour or contact our leasing office today to discover your new home at Carolina Square.

Year Built: 2017

Zumper Expert Rating

8.5

/10

Very Good

How we rated Carolina Square

Price·9

Carolina Square stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.

Amenities·10

Carolina Square stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.

Location·9

Carolina Square 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·6

While Carolina Square does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.

Trustworthiness·8

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.

Reviews from the web

Showing 8 highest rated

I absolutely love living at C-Square! I enjoy the location as it is right on Franklin street and close to campus. The apartment complex is very clean and the leasing office staff/maintenance are helpful and quick to solve any issues. I will be living at C-Square for my third year as of next year!

Victoria Buchanan

Oct 13, 2023

Amazing place to live and super helpful front office and maintenance teams! I've lived here for 2 years and cannot applaud the maintenance guys enough, especially Jeremy Gunn. Put in a request for help with my shower drainage and he quickly fixed the issue and went beyond to also upgrade other appliances in my bathroom. Super great guys and efficient work whenever you need it. I’d also like to give a shout-out to the front office employees, who are always eager to help with any issue and are exceptionally friendly with residents. Cameron, in particular, recently joined the team and has already assisted me with numerous tasks, always showing the utmost patience and kindness. He even goes above and beyond by taking the time for friendly conversations whenever I grab my morning coffee from the front office.

Nettie Kline

Nov 14, 2024

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Carolina Square is great for:

Eco living

Public transit available nearby
You can get around by foot in this area
11 parks within a mile

Wellness

On-site fitness center or gym
On-site pool or spa
16 sports facilities (like tennis courts) nearby
25 gyms or yoga centers nearby

Social life

Areas nearby are accessible by walking
155 restaurants within 1 mile of this property
Community gathering spaces on-site (lounges, rooftops, etc.)
The area has transit options

Property highlights

How Carolina Square compares to other nearby properties.

Positives

More space: The 4-bedroom is 140 sqft larger than other listings nearby
More space: The 1-bedroom is 98 sqft larger than other listings nearby
Elevator: Improved accessibility features
Images Available: There are at least 10 photos of this address
Outdoor space: Easy access to the outdoors
Package service: More secure storage for delivery

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Rent trends in Chapel Hill

Studio apartments at Carolina Square cost about 42% more than the average rent price for studios in Chapel Hill.

1-bedroom apartments here are priced 52% higher than 1-bedrooms in Chapel Hill.

If you decide to upgrade your space, you can expect 2-bedrooms at Carolina Square to be 124% more than the average for similarly sized apartments in Chapel Hill.

3-bedroom apartments at Carolina Square cost about 99% more than the average rent price for 3-bedroom apartments in Chapel Hill.

4-bedroom apartments at Carolina Square cost about 109% more than the average rent price for 4-bedroom apartments in Chapel Hill.

Median rents as of Sep 20 2025.

Chapel Hill

A table of studio rental data trends in Chapel Hill
Month	Median Rent
October 2023	$1,645
November 2023	$1,613
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	$1,657

Affordability calculator

Can I afford to live at 133 W Franklin St?

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

$70,160/yr

With your selected rent-to-income ratio, you'd ideally want to make $70,160 annually to afford this studio median monthly rent price of $1,754.

For more information on rent affordability, visit our rent calculator.

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