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Monthly Rent
$1,728 - $7,236
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Bedrooms
Studio - 4 bd
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Bathrooms
1 - 4 ba
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Square Feet
456 - 1,914 sq ft
Carolina Square
Favorites
Highlights
- Walk To Campus
- Roof Terrace
- Pool
- Walk-In Closets
- Deck
- Planned Social Activities
- Spa
- Office
- Controlled Access
Pricing & Floor Plans
Check Back Soon for Upcoming Availability
| Beds | Baths | Average SF | Availability |
|---|---|---|---|
| Studio Studio 0 Br | 1 Bath 1 Bath 1 Ba | 571 SF | Not Available |
| 1 Bedroom 1 Bedroom 1 Br | 1 Bath 1 Bath 1 Ba | 684 SF | Not Available |
| 2 Bedrooms 2 Bedrooms 2 Br | 2 Baths 2 Baths 2 Ba | 1,026 SF | Not Available |
| 2 Bedrooms 2 Bedrooms 2 Br | 3 Baths 3 Baths 3 Ba | 1,351 SF | Not Available |
| 3 Bedrooms 3 Bedrooms 3 Br | 3 Baths 3 Baths 3 Ba | 1,424 SF | Not Available |
| 4 Bedrooms 4 Bedrooms 4 Br | 4 Baths 4 Baths 4 Ba | 1,815 SF | Not Available |
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details.
Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
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Dogs
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One-Time Pet FeeMax of 2. Charged per pet.$400
CommentsWe are a pet friendly community! We welcome 2 pets per apartment home. There is a $400 one-time pet fee and a pet rent of $45/pet/month. Please contact our leasing office for the full pet policy.Read More Read Less -
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Cats
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One-Time Pet FeeMax of 2. Charged per pet.$400
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Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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12 mo
Property Information
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Built in 2017
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246 units/5 stories
Matterport 3D Tours
About Carolina Square
Located in the heart of Chapel Hill's vibrant Franklin Street, Carolina Square offers unparalleled access to the best of main street living, perfect for UNC Chapel Hill students. This community stands out with its impressive amenities, including a gorgeous sky-deck overlooking Franklin Street, a large urban park, and a saltwater pool. Experience the Northwood Ravin difference with meticulously designed residences and a community that prioritizes your lifestyle. Schedule a tour or contact our leasing office today to discover your new home at Carolina Square.
Carolina Square is an apartment community located in Orange County and the 27516 ZIP Code.
Unique Features
- ADA accessible
- Balcony/Terrace Premium
- Controlled building access
- Corner unit
- Cyber Cafe
- Fitness Center
- Floor Level Premium 1
- Franklin St.View Premium
- Grills / Grilling Area
- Huge outdoor park with WiFi
- Modified
- Offices and study rooms with outdoor spaces
- Package Locker
- Parking Deck
- Pool Premium
- Pool View
- Private Storage
- Resident Lounge
- Retail / Shopping On Site
- Sky deck overlooking the pool area
- Walk Score of 81%- walking distance to all Frankli
Contact
Video Tours
Carolina Square is offering LIVE tours via FaceTime and video. Contact us today for more info!
Community Amenities
Pool
Fitness Center
Elevator
Clubhouse
Roof Terrace
Controlled Access
Business Center
Grill
Property Services
- Wi-Fi
- Controlled Access
- Maintenance on site
- Property Manager on Site
- 24 Hour Access
- Trash Pickup - Door to Door
- Renters Insurance Program
- Online Services
- Planned Social Activities
- EV Charging
- Public Transportation
Shared Community
- Elevator
- Business Center
- Clubhouse
- Lounge
- Multi Use Room
- Breakfast/Coffee Concierge
- Conference Rooms
Fitness & Recreation
- Fitness Center
- Spa
- Pool
- Gameroom
Outdoor Features
- Roof Terrace
- Courtyard
- Grill
- Picnic Area
- Dog Park
Student Features
- Roommate Matching
- Shuttle To Campus
- Study Lounge
- Walk To Campus
Apartment Features
Washer/Dryer
Air Conditioning
Dishwasher
High Speed Internet Access
Walk-In Closets
Island Kitchen
Granite Countertops
Microwave
Indoor Features
- High Speed Internet Access
- Wi-Fi
- Washer/Dryer
- Air Conditioning
- Ceiling Fans
- Cable Ready
- Tub/Shower
- Sprinkler System
- Wheelchair Accessible (Rooms)
Kitchen Features & Appliances
- Dishwasher
- Disposal
- Ice Maker
- Granite Countertops
- Stainless Steel Appliances
- Pantry
- Island Kitchen
- Eat-in Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Breakfast Nook
Model Details
- Carpet
- Vinyl Flooring
- Dining Room
- Office
- Recreation Room
- Built-In Bookshelves
- Views
- Walk-In Closets
- Window Coverings
- Large Bedrooms
- Balcony
- Patio
- Deck
123 W Franklin St,
Chapel Hill,
NC
27516
There's a lot happening in Downtown Chapel Hill -- restaurants, shops, art galleries, museums, and (of course) the University of North Carolina at Chapel Hill. Downtown starts at the university and extends north and east past Franklin Street, the main drag through downtown. As the heart of the neighborhood, Franklin Street has it all -- great boutiques, trendy restaurants, brick-paved sidewalks, bike racks, mature trees, and a dash of history to tie it all together.
The neighborhood's seamless blend of public art and open green space help create the fun, funky atmosphere that sets the perfect backdrop for the live concerts, art walks, outdoor movie nights, and pub crawls that take place here. Some must-see events include Festifall Arts Festival, an exciting event that includes an artists' market, live music, food, hands-on activities, and more.
Learn more about living in Downtown Chapel Hill
Average Prices by Area
Compare neighborhood and city base rent averages by bedroom.
| Downtown Chapel Hill | Chapel Hill, NC | |
|---|---|---|
| Studio | $1,728 | $1,522 |
| 1 Bedroom | $2,463 | $1,499 |
| 2 Bedrooms | $3,104 | $1,780 |
| 3 Bedrooms | $4,543 | $2,571 |
Amenities
- Wi-Fi
- Controlled Access
- Maintenance on site
- Property Manager on Site
- 24 Hour Access
- Trash Pickup - Door to Door
- Renters Insurance Program
- Online Services
- Planned Social Activities
- EV Charging
- Public Transportation
- Elevator
- Business Center
- Clubhouse
- Lounge
- Multi Use Room
- Breakfast/Coffee Concierge
- Conference Rooms
- Roof Terrace
- Courtyard
- Grill
- Picnic Area
- Dog Park
- Fitness Center
- Spa
- Pool
- Gameroom
- Roommate Matching
- Shuttle To Campus
- Study Lounge
- Walk To Campus
- ADA accessible
- Balcony/Terrace Premium
- Controlled building access
- Corner unit
- Cyber Cafe
- Fitness Center
- Floor Level Premium 1
- Franklin St.View Premium
- Grills / Grilling Area
- Huge outdoor park with WiFi
- Modified
- Offices and study rooms with outdoor spaces
- Package Locker
- Parking Deck
- Pool Premium
- Pool View
- Private Storage
- Resident Lounge
- Retail / Shopping On Site
- Sky deck overlooking the pool area
- Walk Score of 81%- walking distance to all Frankli
- High Speed Internet Access
- Wi-Fi
- Washer/Dryer
- Air Conditioning
- Ceiling Fans
- Cable Ready
- Tub/Shower
- Sprinkler System
- Wheelchair Accessible (Rooms)
- Dishwasher
- Disposal
- Ice Maker
- Granite Countertops
- Stainless Steel Appliances
- Pantry
- Island Kitchen
- Eat-in Kitchen
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Breakfast Nook
- Carpet
- Vinyl Flooring
- Dining Room
- Office
- Recreation Room
- Built-In Bookshelves
- Views
- Walk-In Closets
- Window Coverings
- Large Bedrooms
- Balcony
- Patio
- Deck
Expenses
Recurring
Unassigned Covered Parking
$175
Cat Rent
$45
Dog Rent
$45
One-Time
Cat Fee
$400
Dog Fee
$400
Office Hours
984-234-6058
| Monday | 10am - 6pm |
|---|---|
| Tuesday | 10am - 6pm |
| Wednesday | 10am - 7pm |
| Thursday | 10am - 6pm |
| Friday | 10am - 6pm |
| Saturday | 10am - 5pm |
| Sunday | 1pm - 5pm |
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 5 min | 1.4 mi | |
| Drive: | 23 min | 11.2 mi | |
| Drive: | 25 min | 11.3 mi | |
| Drive: | 26 min | 12.2 mi |
Carolina Square is within 5 minutes or 1.4 miles from UNC-Chapel Hill. It is also near Duke University and N.C. Central Univ..
Schools
Private Elementary & Middle School
Grades PK-8
398 Students
Nearby
Private Elementary, Middle & High School
Grades PK-12
273 Students
Nearby
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Getting Around
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Moderately Walkable
Walkability
70
/ 100
Strong Public Transit
Transit
80
/ 100
Moderately Drivable
Drivability
70
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Scores provided by
What do Walkability, Transit, Drivability, and Bikeability mean?
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Drivability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
How It Works
Active
Soundscore™
73
/ 100
Traffic
ActiveAirport
CalmBusinesses
ActiveScores provided by
HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksCarolina Square Photos
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Carolina Square
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Models
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Studio
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Studio
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Studio
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Studio
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Studio
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Studio
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Does Carolina Square have in-unit laundry?
Carolina Square has units with in‑unit washers and dryers, making laundry day simple for residents.
What utilities are included in rent at Carolina Square?
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Is parking available at Carolina Square?
Parking is available at Carolina Square for $200 / mo. Contact this property for details.
Is Carolina Square pet-friendly?
Yes, Carolina Square welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
How much income do I need to rent at Carolina Square?
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,728 for a studio, you would need to earn about $69,120 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Does Carolina Square have move-in specials?
Carolina Square is not currently offering any rent specials. Check back soon, as promotions change frequently.
Does Carolina Square offer Matterport 3D tours?
Yes! Carolina Square offers 4 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
123 W Franklin St
Chapel Hill, NC 27516