Chapel Hill, NC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Chapel Hill short-term rental market based on reliable data.

Listings

296 / 655

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$28,593

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$620,620

Median Home Sale Price

Top Earners

$62,325

Top-Earners Revenue

Chapel Hill

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Chapel Hill.

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B

Generally Investor friendly

Chapel Hill Regulations

Chapel Hill explicitly allows STRs and issues a low‑cost $150 permit, but restricts dedicated STRs to commercial/mixed‑use zones and caps multifamily STRs at 3% of units or two units, creating moderate compliance and location constraints that keep the process manageable rather than prohibitive.

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About Chapel Hill

Chapel Hill, located in Orange County, North Carolina, is a vibrant town known for its rich cultural and academic atmosphere. It has a population of approximately 60,998 residents and is part of the Research Triangle area, which includes Durham and Raleigh. Chapel Hill is about 30 miles (48 kilometers) west of Raleigh, the state's capital and the nearest major city.

Chapel Hill is home to the University of North Carolina at Chapel Hill, one of the oldest public universities in the United States, boasting a beautiful campus and historic landmarks such as the Old Well and the Morehead Planetarium and Science Center. For more on the university, visit UNC-Chapel Hill.

Downtown Chapel Hill offers a variety of dining, shopping, and entertainment options, particularly along Franklin Street, which is a hub for both students and visitors. Additionally, the town has a strong connection to the arts, with venues like the Ackland Art Museum Ackland Art Museum and the Carolina Performing Arts Carolina Performing Arts.

The town's connectivity to nearby cities and its own unique offerings make it appealing for short-term rentals. Visitors can explore local attractions, enjoy the vibrant community atmosphere, and easily access the broader Research Triangle area for additional activities and opportunities.

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