Is Chapel Hill, NC a good place to invest in rental property?

Chapel Hill, NC has a median modeled monthly cash flow of $-2,210 and a median cap rate of 1.8%, on a median sold price of $630,000. Prices changed -1.1% year over year.

What is the average cap rate in Chapel Hill, NC?

The median cap rate across recently sold homes in Chapel Hill, NC is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chapel Hill, NC?

The median sold price in Chapel Hill, NC is $630,000 (about $278 per square foot).

Investing in Chapel Hill, NC Real Estate

A data-driven snapshot of the Chapel Hill, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$630,000Median sold price

$278Median $/sqft

1.8%Median cap rate

$-2,210Modeled cash flow / mo

-1.1%Appreciation YoY

14.7Months of supply

1,108Active listings

902Sold (last 12 mo)

What the Chapel Hill numbers say

In Chapel Hill, NC, the median home sold for $630,000 (about $278 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-2,210 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 14.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Chapel Hill cash-flowing listings

CashFlowRE ranks every for-sale home in Chapel Hill, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Chapel Hill deals, or browse the national market data.