Franklin Woods - Students: Save up to 10%!
1521 E Franklin St,
Chapel Hill, NC 27514
$1,350 - $2,235 | 1-2 Beds
Beginning along Fordham Boulevard and extending west toward Eastwood Lake, University Place is the location of its namesake mall. As Chapel Hill's only indoor mall, University Place is considered the region's premier shopping destination. In addition to its shops, restaurants, and movie theater, special events -- including the Chapel Hill Farmers Market -- are held at University Place. Kidzu Children's Museum is located inside the mall. Another large shopping plaza, the East Gate Shopping Center, provides more shops, restaurants, and a Whole Foods Market.
At the south end of the neighborhood, Community Park hosts a community center and access to two hiking trails: Battle Branch Trail and Bolin Creek Trail. The park also offers a playground, a pavilion, picnic areas, a basketball court, and a community rose garden. Of course, University Place also reflects its location to the University of North Carolina at Chapel Hill, located about two miles south of University Place.
As of January 2025, the average apartment rent in University Place is $1,736 for a studio, $1,749 for one bedroom, and $2,038 for two bedrooms. Apartment rent in University Place has increased by 3.8% in the past year.
Studio
580 sq ft
Average Sq Ft
$1,736/month
Average Rent
1 BR
750 sq ft
Average Sq Ft
$1,749/month
Average Rent
2 BR
1,038 sq ft
Average Sq Ft
$2,038/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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