14 properties observed within a 5-mile radius of Chapel Hill center, average asking rent $1,663.
| Type | Avg asking | Avg effective | Avg sqft | Properties |
|---|---|---|---|---|
| Studio | $1,647 | $1,642 | 580 | 5 |
| 1 bedroom | $1,450 | $1,434 | 746 | 10 |
| 2 bedroom | $1,731 | $1,731 | 1,031 | 7 |
| 3 bedroom | $1,757 | $1,742 | 1,371 | 5 |
| 4+ bedroom | not observed | not observed | not observed | 0 |
Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent.