Spacious, bright, and newly renovated 2 bedroom, 1 bathroom duplex within 1 mile of the UNC Hospital, medical school, and Adams School of Dentistry. Full kitchen, washer and dryer, and ample off-street parking are included. Pets are welcome with owner approval. If you are looking for a safe and quiet neighborhood within walking distance of the UNC Hospital system, this home is perfect.
Pets allowed (with screening and pet fee, inquire for more information).
Tenants responsible for electric and water/sewer, and gas. Landlord handles lawncare, gutters, and pest control.
Rental Requirements - Please Read Before Inquiring: Applicants must pass a background and credit check, provide rental/employment history, and earn at least 3x the rent monthly. A minimum credit score of 650 is required to qualify without a guarantor. We do not accept housing vouchers.
At Mill House Properties, we strive to provide an experience that is cost-effective and convenient. That's why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price includes rent, plus items such as pest control, resident rewards, ID protection, air filter delivery, utility setup assistance, credit building and more at a rate of $40/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase the monthly amount. More details upon application....
This home comes with high speed internet up to 1 Gig at an exclusive group rate of $59, and includes 24/7 premium support and setup to help get you connected at move-in.
60 days on RentalSource
RentalSource last checked: 1 day ago · Listing updated: November 13, 2026
This 2-bedroom, 1-bathroom townhouse at 405 Smith Ave #B in Chapel Hill, NC 27516 rents for $1,600 a month. It has 1,000 square feet and is pet friendly. 405 Smith Ave #B was advertised by Mill House Properties on September 15, 2026.
How the Rent Compares
At $1,600 a month, this townhouse is close to the typical rent for 2-bedroom houses and townhouses in Chapel Hill (about $1,700).
Typical $1,700This home $1,600
$1,450$2,580
From 36 two-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.
$1,700Typical rent for 2-bedroom houses and townhouses in Chapel Hill
The rent hasn't changed since it was listed on September 15. This home was last listed for rent on RentalSource from March to May 2023, ending at $1,450. Today's rent is $150 higher.
Rent history for this home, newest first
Date
Event
Rent
Change
September 15, 2026
Listed for rent
$1,600+10.3%
+10.3%
May 23, 2023
Listing removed
$1,450
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 405 Smith Ave #B?
Bedrooms
2 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
$67,960 /year
With your chosen rent-to-income ratio, an annual income of $67,960 is recommended to comfortably afford this 2-bedroom rental priced at $1,600 per month ($1,699 with required fees).
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