Located in Willow Terrace, this 2-bedroom, 1.5-bath townhouse-style condo puts you right in the heart of Chapel Hill, directly across from University Place and within walking distance of shopping, dining, and everyday essentials. The Chapel Hill fare-free bus line is right outside, with easy access to UNC and Highway 15-501.
The first floor features a comfortable living room with parquet flooring, an eat-in kitchen with a spacious dining area, and a convenient half bath. The kitchen opens to a shared green space behind the unit and includes a refrigerator, range, and stacked washer and dryer. Upstairs, both bedrooms feature hardwood floors, along with a full bathroom.
With shopping, dining, and everyday conveniences just across the street, this condo offers comfortable living in a convenient Chapel Hill location. Parking included. 6 - 12 month lease options.
Offered for lease by Park Real Estate Management. Applicants must have a 650+ credit score and income 2.5x monthly rental rate. $75 application fee per tenant over 18 years of age. $100 tenant onboarding fee for each adult applicant. Optional Resident Benefit's Package 40/month. Amenities: Two bedrooms & Stove.
16 days on RentalSource
RentalSource last checked: 21 hours ago · Listing updated: October 27, 2026
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Property Summary
Property Type:
Townhouse
Rental Fee:
$1,400
Bedrooms:
2 beds
Bathrooms:
1.5 baths
Size:
918 sqft
Pets:
No
Laundry:
In unit
Parking:
Yes
Available:
Now
ID:
84658611
Amenities
•Washer/Dryer In Unit
•Parking
•Dishwasher
•Hardwood Floors
•Refrigerator
Leasing Information
Fees
•Deposit $1,400 (mandatory, refundable, move-in).
Additional Details
This 2-bedroom, 1.5-bathroom townhouse at 1002 Willow Dr #36 in Chapel Hill, NC 27514 rents for $1,400 a month. It has 918 square feet. 1002 Willow Dr #36 was advertised by Park Real Estate Management on October 27, 2026.
How the Rent Compares
At $1,400 a month, this townhouse is below the typical rent for 2-bedroom houses and townhouses in Chapel Hill (about $1,700).
Typical $1,700This home $1,400
$2,630
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
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
$56,000 /year
With your chosen rent-to-income ratio, an annual income of $56,000 is recommended to comfortably afford this 2-bedroom rental priced at $1,400 per month.
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