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Updated 17 minutes ago

407 S Merritt Mill Rd


Chapel Hill, NC

3 Bed
•
1 Bath

1,050 Sq. Ft.

Available starting Aug. 9th
Floor plans
3 Beds • 1 Bath
$2,475
1050 ft2
1 Available
Managed By: Real Estate Associates, Inc.
Unit B
$2,475
Available Aug 9th, 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: $2,475
Property details
Additional Details
Total Unit Count: 2
Last Updated: Updated 17 minutes 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:
$89,100
per year
Rent report

407 S Merritt Mill Rd Rent vs. Chapel Hill Average

 407 S Merritt Mill Rd      Chapel Hill Average
3BR
$2,475
$2,306
$0
$850
$1,700
$2,550
$3,400

407 S Merritt Mill Rd is asking 7% 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 26% more per month.

If you downsized to an average priced Chapel Hill 2 bedroom apartment, you would pay 24% less per month.

407 S Merritt Mill Rd provides 32% 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 $2,475 $2.40 $7,425
Chapel Hill Average
Studio $1,558 $2.70 $4,675
1BR $1,524 $2.00 $4,572
2BR $1,862 $1.70 $5,587
3BR $2,306 $1.50 $6,917
4BR $3,136 $1.50 $9,407

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 334 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
9% 49% 29% 9% 3%
Available Units in Chapel Hill
Studio 63
1BR 334
2BR 197
3BR 61
4BR 20
Location
Nearby College

University of North Carolina at Chapel Hill

Campus Buildings and Attractions
Distance Walking Biking Driving
Franklin Street 0.9 mi 17 min 5 min 2 min
UNC Hospitals 1.0 mi 19 min 6 min 3 min
Davis Library 1.0 mi 20 min 6 min 3 min
Carolina Union 1.1 mi 21 min 8 min 3 min
Kenan Memorial Stadium 1.2 mi 23 min 9 min 4 min
Nearby Hospitals
Name Distance
Unc Hospitals 0.74 mi.
University Of North Carolina Hospitals 0.79 mi.
Veritas Collaborative North Carolina Llc 9.85 mi.
Nearby Fire Stations
Name Distance
North Dade Volunteer Fire Department 0.81 mi.
Carrboro Fire Rescue Department 0.85 mi.
Carrboro Fire Rescue Department 0.87 mi.
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?
There are no units with move-in dates in the next 2 months. The next unit is available for move-in on August 09, 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.
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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