Chapel Hill, North Carolina is a part of the Chapel Hill Submarket submarket area, and contains 5 zip codes: 27514, 27517, 27515, 27599, and 27516.
The 2019 average effective rent for Class A, B, and C apartments in the Chapel Hill, NC submarket area was $1,233, which is 24.92% higher than 2014 average rent. This represents a compounded annual growth rate of 4.55%. 2019 vacancy in Chapel Hill, NC was 3.70%.
The total population of the city of Chapel Hill, NC has grown 6.56% since 2010. As of 2018, the population was 60,988. The median household income of the Chapel Hill was $68,640, which is 13.84% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Chapel Hill Submarket
$1,233
24.92%
3.70%
$68,640
60,988
6.56%
13.84%
27514 27515 27516 27517 27599
Submarket Area Chapel Hill Submarket
Avg Rent $1,233
Rent Growth 24.92%
Vacancy 3.70%
Median Income $68,640
Population (2018) 60,988
Population Growth 6.56%
Vs. Nat’l Avg 13.84%
Zip Codes 27514 27515 27516 27517 27599
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.
By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE. By submitting this form, you agree to receive personalized information. Your information is encrypted, anonymized, and will never be shared.