Zumper
modified
10 Hours Ago

Highlights

  • Pet Friendly
  • 2 bedroom with den
  • Impressive amenities
  • Community amenities
  • Saltwater pool
  • A-b: on-site-management
  • Meticulously designed

Location

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

Contact

Management

NWR Management LLC

Leasing office

(844) 325-4840 ext. 3664

Open today 

10:00 am–7:00 pm ET

Property Overview

Carolina Square is rated highly with an 8.5 out of 10 by Zumper, showcasing its competitive pricing and exceptional amenities, which scored a perfect 10. The property features a well-designed two-bedroom layout, a range of impressive community amenities including a saltwater pool, and is located near top-rated schools and various fitness, dining, and recreational options. Its location garners a 9 out of 10 rating, reflecting its accessibility to transit and local attractions, making it a desirable option for those who value both comfort and convenience.

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

8.5
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
  • Elementary school nearby
  • Elevator

Great for

  • Social life
  • Eco living
  • Wellness

Floor plans

A-SA1Studio1 bath456 sqft$1,728–$3,278 /mo
A-SA2Studio1 bath504 sqft$1,728–$3,278 /mo
B-SC1Studio1 bath570 sqft$1,728–$3,278 /mo
B-SC2Studio1 bath620 sqft$1,728–$3,278 /mo
B-SC3Studio1 bath915 sqft$1,728–$3,278 /mo
B-SDStudio1 bath513 sqft$1,728–$3,278 /moB-Sd
B-SA3Studio1 bath526 sqft$1,728–$3,278 /mo
A-SA3Studio1 bath526 sqft$1,728–$3,278 /moA-Sa3
B-SDStudio1 bath515 sqft$1,728–$3,278 /moB-Sd1
B-1A1 ANSI1 bed1 bath749 sqft$2,463–$3,688 /moB-1A1 Ansi
A-1A11 bed1 bath682 sqft$2,463–$3,688 /mo
A-1B11 bed1 bath706 sqft$2,463–$3,688 /moA-1B1
B-1B11 bed1 bath710 sqft$2,463–$3,688 /mo
A-1B11 bed1 bath637 sqft$2,463–$3,688 /moA-1B2
A-1B31 bed1 bath622 sqft$2,463–$3,688 /moA-1B3
B-1A11 bed1 bath687 sqft$2,463–$3,688 /moB-1A4
A-2A12 bed2 bath1,009 sqft$3,237–$4,868 /mo
A-2B12 bed2 bath1,181 sqft$3,237–$4,868 /mo
A-2C12 bed2 bath973 sqft$3,237–$4,868 /moA-2C1
A-2C32 bed2 bath981 sqft$3,237–$4,868 /mo
A-2C42 bed2 bath968 sqft$3,237–$4,868 /mo
A-2D12 bed2 bath1,086 sqft$3,237–$4,868 /mo
A-2E22 bed2 bath1,015 sqft$3,237–$4,868 /mo
B-2A12 bed2 bath1,012 sqft$3,237–$4,868 /moB-2A1
B-2D12 bed2 bath1,115 sqft$3,237–$4,868 /mo
B-2F2 bed2 bath1,009 sqft$3,237–$4,868 /mo
B-3H2 bed3 bath1,351 sqft$3,237–$4,868 /mo2 Bedroom with Den
B-2A52 bed2 bath1,005 sqft$3,237–$4,868 /mo
B-2A12 bed2 bath1,002 sqft$3,237–$4,868 /moB-2F1
B-2A42 bed2 bath1,054 sqft$3,237–$4,868 /moB-2A4
A-2C12 bed2 bath967 sqft$3,237–$4,868 /moA-2C2
B-3A13 bed3 bath1,680 sqft$4,548–$6,377 /mo
B-3B13 bed3 bath1,329 sqft$4,548–$6,377 /mo
B-3G13 bed3 bath1,291 sqft$4,548–$6,377 /mo
A-3A23 bed3 bath1,433 sqft$4,548–$6,377 /mo
A-3A43 bed3 bath1,320 sqft$4,548–$6,377 /mo
A-3B13 bed3 bath1,313 sqft$4,548–$6,377 /mo
A-3C13 bed3 bath1,268 sqft$4,548–$6,377 /mo
A-3D3 bed3 bath1,397 sqft$4,548–$6,377 /mo
B-3E13 bed3 bath1,624 sqft$4,548–$6,377 /mo3
A-3A33 bed3 bath1,433 sqft$4,548–$6,377 /mo
B-3B23 bed3 bath1,312 sqft$4,548–$6,377 /mo
A-3A13 bed3 bath1,326 sqft$4,895 /mo1 unit available
B-3C13 bed3 bath1,377 sqft$4,978 /mo1 unit available
B-3A43 bed3 bath1,397 sqft$5,010 /mo2 units availableB-3A4
B-3A33 bed3 bath1,412 sqft$5,075 /mo1 unit availableB-3A3
B-3A23 bed3 bath1,417 sqft$5,095 /mo1 unit availableB-3A2
B-3A23 bed3 bath1,415 sqft$5,123 /mo1 unit availableB-3A5
B-3D13 bed3 bath1,624 sqft$5,534 /mo1 unit available
A-3E3 bed3 bath1,692 sqft$6,000 /mo2 units available
B-4C34 bed4 bath1,704 sqft$6,431–$7,236 /moB-4C3
B-4D4 bed4 bath1,776 sqft$6,431–$7,236 /mo
B-4B24 bed4 bath1,800 sqft$6,431–$7,236 /moB-4B2
B-4B24 bed4 bath1,881 sqft$6,431–$7,236 /moB-4B1
B-4C34 bed4 bath1,914 sqft$6,431–$7,236 /moB-4C1

Let's explore this property.

Amenities for Carolina Square

Apartment Amenities

Private Storage

Building

Business CenterCats OK
ClubhouseConference Room
Controlled AccessCyber Cafe
Dogs OKElevator
Fitness CenterPackage Locker
Recreation RoomResident Lounge
Residents Lounge

Grounds

Garage ParkingGrills/Grilling Area
Outdoor SpaceStorage
Swimming Pool

Services

On-Site MaintenanceOn-Site Management
Package ServicePlanned 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

Applicants

Application Fee

One-time. Agent application fee.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

$500

OPTIONAL FEES

Parking Policy

Covered Lot

Please contact leasing office for complete details.

Covered Lot

Parking Fee

Monthly. 2 covered lots max. Unassigned parking.

$175

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max. 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.

$45

Pet Fee

One-time fee per pet.

$400

Dog

Pet Rent

Monthly. 2 dogs max. 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.

$45

Pet Fee

One-time fee per pet.

$400

Questions about this property’s policies and fees?

Building details

Property details

Year built2017
Units245
Lease terms4–12 months
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About Carolina Square

HomeApartments 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

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
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.
How we rated Carolina Square
Price·9A 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.
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·10A 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.
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·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
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·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 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·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.

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

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

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:

Social life

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

Eco living

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

Wellness

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

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 Carolina Square compares to other nearby properties.

Positives

More space
The 1-bedroom is 97 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 1 mile away
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 45% more than the average rent price for studios in Chapel Hill.

1-bedroom apartments here are priced 114% higher than 1-bedrooms in Chapel Hill.

If you decide to upgrade your space, you can expect 2-bedrooms at Carolina Square to be 127% more than the average for similarly sized apartments in Chapel Hill.

3-bedroom apartments at Carolina Square cost about 101% more than the average rent price for 3-bedroom apartments in Chapel Hill.

4-bedroom apartments at Carolina Square cost about 92% more than the average rent price for 4-bedroom apartments in Chapel Hill.

Median rents as of Jan 17 2026.
Chapel Hill
A table of studio rental data trends in Chapel Hill
MonthMedian Rent
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$1,671
October 2025$1,728
November 2025$1,696
December 2025$1,689
January 2026$1,728

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

$69,120/yr

With your selected rent-to-income ratio, you'd ideally want to make $69,120 annually to afford this studio median monthly rent price of $1,728.
For more information on rent affordability, visit our rent calculator.

Schools near Carolina Square

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Internet available near Carolina Square

Getting around Chapel Hill near 133 W Franklin St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

7/10
This area is close to freeways and has adequate parking options.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 133 W Franklin St, Chapel Hill

Groceries

3/10
At least one grocery store within a 30-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

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