This charming 3 bedroom 2.5 bathroom townhome located in the desirable Governors Village in Chapel Hill is available now. It has hardwood floors throughout the open first floor including the half bath. The separate formal dining room is perfect for hosting special family dinners. The spacious, modern kitchen, has granite countertops, stainless steel appliances and a large island. The open layout flows seamlessly into a cozy living area with a fireplace, ideal for gatherings or quiet evenings at home. This townhome has a front porch as well as a back porch overlooking a small yard with a fence on both sides allowing for privacy. The back porch includes a utility closet. The second floor consists of 3 bedrooms and 2 full baths. The large third floor walk-up attic provides more than ample storage space. The spacious one car garage at the back includes an uncovered parking space behind it. Roadside parking is also available at the front of the house.
The community not only has a community center where residents can gather and socialize but a community pool, tennis courts, children's playground, a lake and a scenic trail perfect for jogging, leisurely walks and meeting friends.
The townhome is ideally situated in a prime location in Chapel Hill, walking distance to groceries and restaurants. It is 10 minutes away from UNC, 15 minutes away from Durham and only a few more minutes away from Jordan Lake for those who love nature and outdoor activities.
Pets are welcome here too.... Bring along your furry friends, as cats and dogs are allowed.
Preferred lease duration is 7 months. The lease can be renewed if all parties agree. This property is unfurnished. It can be furnished upon request for an extra $300/month.
Security Deposit amount determined by the owner. For each pet, there is a non-refundable move-in fee of $200 and monthly fee of $35.
Elevate your living experience with our optional Resident Benefits Package ($45/month). Enjoy peace of mind and extra perks designed to make renting easier and more rewarding: $100,000 in personal liability protection. $10,000 in personal belongings protection. Credit Booster for on-time payments - build your credit just by paying rent. Accidental damage & lockout reimbursement credits. Plus more exclusive resident perks.
Owner will conduct all correspondence and showings. Beware of Scams - Nomad will never ask you to pay any amount prior to applying and all payments are processed through our secure online tenant portal direct to Nomad. Amenities: Heating: Forced Air, Cooling: Central, Less Than 1 Year & Exhaust Hood.
49 days on RentalSource
RentalSource last checked: 19 hours ago · Listing updated: November 2, 2026
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.
Property Summary
Property Type:
Townhouse
Rental Fee:
$2,200
Bedrooms:
3 beds
Bathrooms:
2.5 baths
Size:
1,650 sqft
Pets:
Cats & dogs
Laundry:
In unit
Parking:
Garage
Available:
Now
ID:
84389487
Amenities
•Washer/Dryer In Unit
•Parking
•Dishwasher
•Balcony/Patio
•Fireplace
•Fitness Center
•Furnished
•Garbage Disposal
•Gas Range
•Granite/Quartz Countertops
•Hardwood Floors
•Microwave
•Online Portal & Payments
•Playground/Park
•Pool
•Refrigerator
•Stainless Steel Appliances
•Storage
•Tennis Court
Leasing Information
Fees
•Deposit $2,200 (mandatory, refundable, move-in).
Additional Details
This 3-bedroom, 2.5-bathroom townhouse at 1042 Philpott Dr in Chapel Hill, NC 27517 rents for $2,200 a month. It has 1,650 square feet and is pet friendly. 1042 Philpott Dr was advertised by Nomad on September 15, 2026.
How the Rent Compares
At $2,200 a month, this townhouse is close to the typical rent for 3-bedroom houses and townhouses in Chapel Hill (about $2,280).
Typical $2,280This home $2,200
$1,770$3,010
From 28 three-bedroom houses and townhouses listed in Chapel Hill on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$2,280Typical rent for 3-bedroom houses and townhouses in Chapel Hill
The rent has dropped 5 times since it was listed on September 15, from $2,450 to $2,200.
Rent history for this home, newest first
Date
Event
Rent
Change
November 2, 2026
Price change
$2,200−4.3%
−4.3%
October 15, 2026
Price change
$2,300−1.1%
−1.1%
October 9, 2026
Price change
$2,325−1.1%
−1.1%
September 2026
2 price changes
$2,350−4.1%
−4.1%
September 26, 2026
Price change
$2,350−1.9%
−1.9%
September 21, 2026
Price change
$2,395−2.2%
−2.2%
September 15, 2026
Listed for rent
$2,450
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 1042 Philpott Dr?
Bedrooms
3 bedrooms
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$88,000 /year
With your chosen rent-to-income ratio, an annual income of $88,000 is recommended to comfortably afford this 3-bedroom rental priced at $2,200 per month.