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Updated 2 hours ago

407 S Merritt Mill Rd


Chapel Hill, NC

3 Bed
•
1 Bath

1,050 Sq. Ft.

Available starting Aug. 10th
Floor plans
3 Beds • 1 Bath
$2,295
1050 ft2
1 Available
Managed By: Real Estate Associates, Inc.
Unit B
$2,295
Available Aug 10th, 2026
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407 S Merritt Mill Rd
407 S Merritt Mill Rd
407 S Merritt Mill Rd
Fees & leasing info
Lease & Fees
Security Deposit: $2,295
Property details
Additional Details
Total Unit Count: 2
Last Updated: Updated 2 hours ago
Contact Number: (919) 489-2000
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
AT&T Inc. 1000.0 1000.0
Charter Communications 940.0 35.0
AT&T Inc. 100.0 20.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 407 S Merritt Mill Rd by bedroom type below.
3 Bedroom
Suggested income:
$82,600
per year
Rent report

407 S Merritt Mill Rd Rent vs. Chapel Hill Average

 407 S Merritt Mill Rd      Chapel Hill Average
3BR
$2,295
$2,202
$0
$750
$1,500
$2,250
$3,000

407 S Merritt Mill Rd is asking 4% more than the average 3 bedroom apartment in Chapel Hill.

If you upsized to an average priced Chapel Hill 4 bedroom apartment, you would pay 30% more per month.

If you downsized to an average priced Chapel Hill 2 bedroom apartment, you would pay 15% less per month.

407 S Merritt Mill Rd provides 28% less square footage than the average Chapel Hill 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
407 S Merritt Mill Rd
3BR $2,295 $2.20 $6,885
Chapel Hill Average
Studio $1,407 $2.50 $4,222
1BR $1,630 $2.00 $4,890
2BR $1,922 $1.70 $5,767
3BR $2,202 $1.50 $6,606
4BR $3,168 $1.30 $9,503

Availability in Chapel Hill

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 291 1BR units on the market in Chapel Hill. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
10% 45% 32% 10% 3%
Available Units in Chapel Hill
Studio 66
1BR 291
2BR 203
3BR 62
4BR 17
Location
Nearby College

University of North Carolina at Chapel Hill

FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on August 10, 2026.
What's the square footage of the available units?
It's 1,050 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
407 S Merritt Mill Rd has a 3 bedroom unit starting at $2,295.
Where is this property located?
This property is at 407 S Merritt Mill Rd in Chapel Hill, NC. It's 0.8 miles west from the center of Chapel Hill.
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