FAQ: Information for Parents/Guarantors
for University Apartments Chapel Hill
Are you pet-friendly?
Yes! We are pet-friendly at University Apartments. All
pets should be registered with the office and noted on your lease
agreement. There is a non-refundable pet fee of $300 and a monthly
pet rent of $60. Not sure if your pet is allowed? Call our
How can I pay my rent?
Rent is due on the first of every month and can be paid in the
office with a check or money order. If you prefer to pay with a
credit or debit card, you can set up one-time or recurring payments
What are your lease terms?
We offer a term lease beginning August 15th through July 31st
of the following year for a flat fee. This sum can be paid in full,
in semester installments, or in monthly installments due on the
first of each month.
In order to waive your security deposit, you will need to have
an approved guarantor. We screen all our applicants and require a
guarantor or security deposit on all leases. The security deposit
is equal to two months’ rent. Learn more by calling our office
Are utilities included?
Yes. We include all utilities (electricity, water, sewer,
trash, and pest control). Plus there is NO utility cap! Internet is
Is off- street parking available?
Yes! Residents can park on-site for an additional $25/mo. Space
is limited so be sure to select the parking option when you sign
What is included in the furniture package?
All of our apartments come fully-furnished! We include a faux
leather loveseat and club chair, an end table, a desk and chair, an
entertainment stand, and a dining table with 2 chairs. Our bedrooms
are furnished with a full-size mattress and frame and a stackable
dresser set. Our shared floor plan comes with two twin beds, two
dresser sets, and two desk and chair sets.
Is Renter's Insurance Required?
Yes, our community requires each resident to carry an active
tenant liability policy for damage to the landlord’s property
during the term of their lease. We require a minimum of $100,000 in
general liability coverage. We also recommend residents purchase
content coverage (also known as personal property insurance) to
cover your personal belongings.