Nearby rentals
Property management
Pet Friendly
Element Property Management
Community
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Freshly painted with new carpet throughout, this 2 Bedroom Condo near I-40, NC State University, Rex Hospital AND Cary is ready for you to call home! As you walk inside you are immediately greeted by a spacious dining room, leading into your kitchen with white cabinets and appliances. Lots of natural light in the cozy living room overlooking your very own back patio! Upstairs, both bedrooms have brand new carpet, a Jack and Jill bathroom between them, and space to spread out. Community amenities include a POOL plus Volleyball & Tennis Courts! Fantastic value and an even better location. This rental is managed by Element Property Management. All applicants please visit Raleighdurhamrentals. com to apply. Schedule your showing here: https showmojo com 455110c0b2 l All Element Property Management residents are enrolled in the Resident Benefits Package (RBP) for $48.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. $79 Application Fee per Adult. 650 Credit Score Preferred. Preferred Combined Income: 4X Gross Monthly Rental Amount. Felony convictions within the last 10 years may result in denial. Past or present registration as a sex offender may result in denial. **Please verify credentials before applying. Application fees are NOT refundable. In addition to this application, you will also be required to provide a valid copy of photo ID, a landlord reference and proof of income. Pets are negotiable. Pet fees are $250 up front for one pet and $50 for each additional pet, $20 per month for one pet and $10 for each additional pet.
How 1232 Teakwood Pl #1 compares to other nearby properties.
Positives
Considerations
| Neighborhood | Southwest Raleigh |
|---|---|
| Zip code | 27606 |
| Type | Condo for rent |
2-bedroom apartments at 1232 Teakwood Pl #1 cost about 3% less than the average rent price for 2-bedroom apartments in Raleigh.
| Month | Median Rent |
|---|---|
| September 2024 | $1,532 |
| October 2024 | $1,532 |
| November 2024 | $1,534 |
| December 2024 | $1,517 |
| January 2025 | $1,518 |
| February 2025 | $1,558 |
| March 2025 | $1,547 |
| April 2025 | $1,530 |
| May 2025 | $1,549 |
| June 2025 | $1,564 |
| July 2025 | $1,555 |
| August 2025 | $1,557 |
| September 2025 | $1,548 |
| October 2025 | $1,544 |
| November 2025 | $1,522 |
| December 2025 | $1,549 |
| January 2026 | $1,539 |
| February 2026 | $1,513 |
| March 2026 | $1,503 |
| April 2026 | $1,504 |
| May 2026 | $1,542 |
| June 2026 | $1,538 |
| July 2026 | $1,537 |
| August 2026 | $1,501 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,448 |
| October 2024 | $1,405 |
| November 2024 | $1,399 |
| December 2024 | $1,444 |
| January 2025 | $1,422 |
| February 2025 | $1,459 |
| March 2025 | $1,432 |
| April 2025 | $1,437 |
| May 2025 | $1,485 |
| June 2025 | $1,495 |
| July 2025 | $1,467 |
| August 2025 | $1,408 |
| September 2025 | $1,384 |
| October 2025 | $1,369 |
| November 2025 | $1,383 |
| December 2025 | $1,397 |
| January 2026 | $1,476 |
| February 2026 | $1,470 |
| March 2026 | $1,411 |
| April 2026 | $1,399 |
| May 2026 | $1,395 |
| June 2026 | $1,396 |
| July 2026 | $1,395 |
| August 2026 | $1,396 |
Can I afford to live at 1232 Teakwood Pl #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$54,000/yr
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$1,350–$1,750
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1–3 Beds
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118 listings
463 listings
