Zumper
modified
9 Hours Ago

Highlights

  • Pet Friendly
  • Stainless steel appliances
  • Granite countertops
  • Subway tile backsplash
  • Full walk-in closets
  • Terrific patio area
  • Side by side washer/dryers

Location

202 Lullwater Dr, Wilmington, NC 28403, USA|College Park
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Contact

Management

Shaw Real Estate LLC

Leasing office

(910) 297-0800

Property Overview

Franklin Forest New Construction 2 Bedrooms is a highly rated option for renters, with an overall Zumper Expert Rating of 8.3/10 and especially strong scores for price, amenities, and location. Residents can enjoy features like stainless steel appliances, granite countertops, subway tile backsplash, full walk-in closets, a terrific patio area, and side-by-side washer/dryers, along with nearby top-rated schools. The property is also well-suited for remote work, an active social life, and pet owners, thanks to its quiet setting, walkable and vibrant neighborhood, and ample pet-related services and outdoor space.

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

8.3
Very Good
With a solid 8.3 out of 10 overall, Franklin Forest New Construction 2 Bedrooms is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Franklin Forest New Construction 2 Bedrooms has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby

Great for

  • Social life
  • Work-from-home
  • Pet owners

Floor plans

2BR/2.0BA2 bed2 bath1,000 sqft$1,450 /mo1 unit availableUltra-Modern, split floorplan. This apartment has it all...beautiful 2 bedrooms, both with full walk-in closets, granite countertops, stainless steel appliances, subway tile backsplash, every unit comes with new side by side washer/dryers, and a terrific patio area. Students welcome with Co-signers. Please check out this home and many others at www.SRELLC.com, we do not accept any applications from Zillow. 3rd party sites may have incorrect information, please call or check out our website for accurate information.

Let's explore this property.

Amenities for Franklin Forest New Construction 2 Bedrooms

Appliances

DishwasherIn-Unit Laundry

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

Units14
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About Franklin Forest New Construction 2 Bedrooms

HomeApartments in WilmingtonCollege Park Franklin Forest New Construction 2 Bedrooms

New Construction...Ultra Modern, split floorplan. This apartment has it all...beautiful 2 bedrooms, both with full walk-in closets, granite countertops, stainless steel appliances, subway tile backsplash, every unit comes with new side by side washer/dryers, and a terrific patio area. Students welcome with Co-signers. Please check out this home and many others at www.SRELLC.com, we do not accept any applications from Zillow. 3rd party sites may have incorrect information, please call or check out our website for accurate information.


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Franklin Forest New Construction 2 Bedrooms is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Franklin Forest New Construction 2 Bedrooms has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Franklin Forest New Construction 2 Bedrooms
Price·10A 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.
Franklin Forest New Construction 2 Bedrooms offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, Franklin Forest New Construction 2 Bedrooms 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.
Franklin Forest New Construction 2 Bedrooms 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 Franklin Forest New Construction 2 Bedrooms does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
Franklin Forest New Construction 2 Bedrooms provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Franklin Forest New Construction 2 Bedrooms is great for:

Social life

  • Areas nearby are accessible by walking
  • 129 restaurants within 1 mile of this property
  • A bustling neighborhood
  • 293 mixed-use spaces nearby

Work-from-home

  • 4 office supply stores within 1 mile
  • 1 coworking space or cafe within 1 mile
  • 1 internet service provider option nearby
  • Quiet environment with little noise pollution

Pet owners

  • Outdoor spaces are available at this property
  • 7 pet grooming services nearby
  • 16 pet supply stores near the property
  • Tile, vinyl or hardwood floors

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 Franklin Forest New Construction 2 Bedrooms compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.4 mile away

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in College Park

2-bedroom apartments at Franklin Forest New Construction 2 Bedrooms cost about 6% more than the average rent price for 2-bedroom apartments in College Park.

Median rents as of Apr 18 2026.
College Park
Wilmington
A table of studio rental data trends in Wilmington
MonthMedian Rent
May 2024$1,458
June 2024$1,450
July 2024$1,380
August 2024$1,360
September 2024$1,298
October 2024$1,287
November 2024$1,319
December 2024$1,314
January 2025$1,403
February 2025$1,420
March 2025$1,236
April 2025$996
May 2025$1,129
June 2025$1,392
July 2025$1,463
August 2025$1,405
September 2025$1,377
October 2025$1,294
November 2025$1,372
December 2025$1,286
January 2026$1,339
February 2026$1,397
March 2026$1,385
April 2026$1,366
A table of studio rental data trends in College Park
MonthMedian Rent
May 2024$1,075
June 2024$1,044
July 2024$1,009
August 2024$975
September 2024$975
October 2024$975

Affordability calculator

Can I afford to live at 202 Lullwater Dr?

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

$58,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 2-bedrooms monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.

Schools near Franklin Forest New Construction 2 Bedrooms

Career Readiness Academy at Mosley Plc

3702 princess place dr

wilmington, NC, 28405

PK, 6-12Public
B-

Winter Park Model Elementary School

204 s macmillan ave

wilmington, NC, 28403

K-5Public
B+

The International School at Gregory

1106 ann st

wilmington, NC, 28401

K-8Public
B

Lake Forest Academy

1802 s 15th st

wilmington, NC, 28401

K-8Public
C+

D.C. Virgo Preparatory Academy

813 nixon st

wilmington, NC, 28401

K-8Public
D-
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Internet available near Franklin Forest New Construction 2 Bedrooms

Neighborhood

College Park | Wilmington, NC

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Wilmington near 202 Lullwater Dr

Walking

5/10
Some shops and stores are within a few minutes.

Driving

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

Transit

2/10
There are a few mass transit options within the area.

Points of interest for 202 Lullwater Dr, Wilmington

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

1/10
No elementary schools within a 30-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

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