3 Days Ago
Highlights
- Off-street parking
- Quiet and peaceful neighborhood
Location
Shepherd Lane, Chapel Hill, North Carolina 27514, United States
Tour Shepherd Lane
Contact
Mill House Properties
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Amenities for Shepherd Lane
Building
| Water/Sewer |
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?
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About Shepherd Lane
Welcome to this charming and comfortable 2-bedroom, 1-bath upstairs condo that feels just like home. Enjoy the convenience of your own stackable washer and dryer right in the unit, making laundry day a breeze. Brand new carpets installed. Water, trash, and recycling are all included in the rent, so you can settle in without the extra hassle—just set up your electric service and you’re all set! This warm, easy-living space is perfect for anyone looking for a relaxed and simple place to call home. Located in the heart of Chapel Hill, this spacious condo is walkable to University Place and is just minutes from UNC. Quiet and peaceful neighborhood, but also has great pedestrian access to stores and restaurants. Located right where Bolin Creek and Battle Branch trails intersect. Wildlife can be seen on a daily basis - owls, turtles, deer, ducks, and herons. Plenty of off-street parking. No pets allowed. Available NOW ---------- Rental Requirements – Please Read Before Inquiring: Applicants must pass a background and credit check, provide rental/employment history, and earn at least 3x the rent monthly. A minimum credit score of 650 is required to qualify without a guarantor. We do not accept housing vouchers. More details: millhouseproperties. com how-to-rent View our other listings: millhouseproperties. com vacancies
Address details
| Zip code | 27514 |
|---|---|
| Type | Condo for rent |
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Rent trends in Chapel Hill
2-bedroom apartments at Shepherd Lane cost about 41% less than the average rent price for 2-bedroom apartments in Chapel Hill.
Median rents as of Dec 13 2025.
Chapel Hill
| Month | Median Rent |
|---|---|
| December 2023 | $1,945 |
| January 2024 | $1,986 |
| February 2024 | $1,852 |
| March 2024 | $1,864 |
| April 2024 | $2,012 |
| May 2024 | $1,997 |
| June 2024 | $1,953 |
| July 2024 | $1,934 |
| August 2024 | $1,967 |
| September 2024 | $1,963 |
| October 2024 | $1,850 |
| November 2024 | $1,768 |
| December 2024 | $1,772 |
| January 2025 | $1,859 |
| February 2025 | $1,902 |
| March 2025 | $1,910 |
| April 2025 | $1,948 |
| May 2025 | $1,852 |
| June 2025 | $1,894 |
| July 2025 | $1,841 |
| August 2025 | $1,798 |
| September 2025 | $1,785 |
| October 2025 | $1,781 |
| November 2025 | $1,818 |
| December 2025 | $1,795 |
Affordability calculator
Can I afford to live at Shepherd Lane?
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
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 2-bedrooms monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Schools near Shepherd Lane
Rashkis Elementary School
601 meadowmont ln
chapel hill, NC, 27517
PK, K-5Public
A
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Internet available near Shepherd Lane
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Chapel Hill near Shepherd Lane
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for Shepherd Lane, Chapel Hill
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
3/10
At least one elementary school within a 30-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Some bars within walking distance
Explore the area around Shepherd Lane
Harris Teeter
2110 S Estes Dr
Whole Foods Market
81 S Elliott Rd
ALDI
1800 E Franklin St
Trader Joe's
1800 E Franklin St
Food Lion
1720 Fordham Blvd
Metropolis
201 S Estes Dr
Suit Avenue
1289 Fordham Blvd
Great Outdoor Provision Co
1800 E Franklin St
Talbots
1800 E Franklin St
Shrunken Head
155 E Franklin St
Starbucks
2110 S Estes Dr
Caribou Coffee
1408 E Franklin St
Dunkin'
1509 E Franklin St
WFM Coffee Bar
81 S Elliott Rd
Starbucks
1800 E Franklin St
The Casual Pint Chapel Hill
201 S Elliott Rd
Kipos Greek Taverna
1800 E Franklin St
Coco Bistro & Bar
101 Glen Lennox Dr
Tru
114 Henderson St
Imbibe
108 Henderson St
Guglhupf Bakery & Patisserie
1800 E Franklin St
Bake Me Happy
Village Baker
You, Me & Sweets
Woof Gang Bakery & Grooming
103 Meadowmont Village Cir
Cheesecake Creations
309 Huffman Mill Road Holly Hill Mall
Meals4Families LLC
125 S Estes Dr
Japan Express
106 S Estes Dr
Bartaco
201 S Estes Dr
Minga
1404 E Franklin St
Estes Drive at Camelot Apartments
Martin Luther King Jr. Blvd / Northside / University Place
Willow Drive at Estes Drive
Colony Woods / Franklin St / McDougle School
Estes Drive at Community Center Drive
Colony Woods / Franklin St / McDougle School
Estes Drive at Post Office
Colony Woods / Franklin St / McDougle School
Estes Drive at US 15-501 Bypass
Martin Luther King Jr. Blvd / Northside / University Place
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