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706 Hancock St

Burlington, NC 27217 - Alamance County

Apartment

2 beds

1 bath

W/D hookups

About 706 Hancock St

Includes: Stove, Refrigerator, Dishwasher, Central Air, Gas Heat, Washer + Dryer Connections.

Utilities Required: Electricity, Water, Gas. Application Fee: $40 per applicant. Security Deposit: Starting at 1 month's rent. Section 8 Accepted: YES. Pets Allowed: NO. Non-Smoking Unit.

Application Requirements: Credit score. Rental Rate $1,199 and under -500+. Rental Rate $1,200- $1,999 -550+. Rental Rate $2,000+ -600+. No evictions within the past 5 years. Felonies, violent crimes against persons/property, and sexual crimes may result in a declined application. Verification of rental history. At least 3x the monthly rent in combined gross monthly income.

RedStone Property Management. 407 S. Broad St. Burlington NC 27215. Serving property owners and residents in Burlington, Mebane, and Greensboro. Amenities: Range/Oven. Heating: forced air.

1 day on RentalSource

RentalSource last checked: 21 hours ago · Listing updated: November 13, 2026

Managed by RedStone Property Management · (336) 571-7779

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$975
Bedrooms:	2 beds
Bathrooms:	1 bath
Size:	Inquire

Pets:	Inquire
Laundry:	Hookups
Parking:	Garage
Available:	Now
ID:	84732074

Amenities

Washer/Dryer Hookups
Air Conditioning
Parking
Dishwasher
Refrigerator
Section 8 Accepted
Smoke-Free

Leasing Information

Lease term: 12 months.

Fees

1x Admin Fee $95 (mandatory, nonrefundable, move-in).
Security deposit $975 (mandatory, refundable, move-in).
Application fee $40 (mandatory, nonrefundable, pre-move-in).

Additional Details

This 2-bedroom, 1-bathroom apartment at 706 Hancock St in Burlington, NC 27217 rents for $975 a month. 706 Hancock St was advertised by RedStone Property Management on November 13, 2026.

How the Rent Compares

At $975 a month, this apartment is below the typical rent for 2-bedroom apartments and condos in Burlington (about $1,190).

From 30 two-bedroom apartments and condos listed in Burlington on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$1,190Typical rent for 2-bedroom apartments and condos in Burlington

$1,110–$1,410Middle half of their rents

29 daysAverage time they have been listed

See 2+ bedroom rentals in Burlington

Rent History

This home was last listed for rent on RentalSource from February to April 2024, ending at $925. Today's rent is $50 higher.

Rent history for this home, newest first
Date	Event	Rent	Change
November 13, 2026	Listed for rent	$975+5.4%	+5.4%
April 10, 2024	Listing removed	$925

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 706 Hancock St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

10% Recommended 50%

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

$39,000 /year

With your chosen rent-to-income ratio, an annual income of $39,000 is recommended to comfortably afford this 2-bedroom rental priced at $975 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Commute

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