5+ Days Ago
Highlights
- Additional storage
- Updated bathrooms
- Plush carpet in bedrooms
- Luxury vinyl plank flooring in main areas
Location
404 Formosa Ave, Durham, NC 27707, USA
Tour 404 Formosa Ave
Contact
Alcove Rooms
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Policies and fees
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Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 404 Formosa Ave
Find more available rooms for rent at Alcove Rooms. This is a room for rent in a shared home with roommates on long-term leases. One is moving out and a room is opening up. Do not visit the property without first contacting us to schedule a tour at the number below. This charming home has received extensive updates. Custom cabinetry in kitchen with with granite countertops, updated bathrooms, gorgeous luxury vinyl plank flooring in main areas, plush carpet in bedrooms, updated vinyl windows providing tons of natural light, a serene sunroom for nice for relaxing, an incredibly large front porch and a large rear backyard ideal for your future oasis. Walkable space under home for additional storage. Perfectly situated close to NCCU with easy access to downtown, local interstate and shopping. Don't walk, run to your new, stylish, and charming home. *Every room comes with a bed, but bedroom furnishings are removable at tenant request
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 404 Formosa Avenue, Durham, NC 27707, US compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 2001 sqft larger than other listings nearby
- High school nearby
- There is a high school 0.3 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
Considerations
- Pet restrictions
- Pets aren't allowed at this location.
Address details
| Zip code | 27707 |
|---|---|
| Type | Room for rent |
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Rent trends in Durham
1-bedroom apartments at 404 Formosa Ave cost about 44% less than the average rent price for 1-bedroom apartments in Durham.
Median rents as of Dec 13 2025.
Durham
| Month | Median Rent |
|---|---|
| December 2023 | $1,500 |
| January 2024 | $1,479 |
| February 2024 | $1,379 |
| March 2024 | $1,403 |
| April 2024 | $1,447 |
| May 2024 | $1,416 |
| June 2024 | $1,430 |
| July 2024 | $1,429 |
| August 2024 | $1,461 |
| September 2024 | $1,368 |
| October 2024 | $1,323 |
| November 2024 | $1,326 |
| December 2024 | $1,283 |
| January 2025 | $1,287 |
| February 2025 | $1,334 |
| March 2025 | $1,377 |
| April 2025 | $1,432 |
| May 2025 | $1,408 |
| June 2025 | $1,451 |
| July 2025 | $1,458 |
| August 2025 | $1,481 |
| September 2025 | $1,413 |
| October 2025 | $1,436 |
| November 2025 | $1,385 |
| December 2025 | $1,299 |
Affordability calculator
Can I afford to live at 404 Formosa Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$29,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $29,000 annually to afford this 1-bedroom monthly rent price of $725.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 8 months ago | $760 | 1 bed | 1 bath | ||
| 1 year ago | $750 | 1 bed | 1 bath | ||
| 1 year ago | $750 | 1 bed | 1 bath | ||
| 1 year ago | $630 | 1 bed | 1 bath | ||
| 2 years ago | $3,495 | 5 bed | 3 bath | ||
| 3 years ago | $1,995 | 5 bed | 3.5 bath | ||
| 3 years ago | $2,550 | 5 bed | 3.5 bath | ||
| 3 years ago | $829 | 4 bed | 3.5 bath | ||
| 4 years ago | $500 | 4 bed | 4 bath |
Schools near 404 Formosa Ave
C.C. Spaulding Elementary School
1531 s roxboro rd
durham, NC, 27707
PK, K-5Public
C-
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Internet available near 404 Formosa Ave
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Durham near 404 Formosa Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 404 Formosa Ave, Durham
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
2/10
Few or no bars within walking distance
Other units at this address
404 Formosa Avenue, Durham, NC
404 Formosa Avenue Durham, NC
Occupied
4 Beds, 3.5 Baths
Our team has verified this company4 Beds
3.5 Baths
$829
On-Site Laundry • Air Conditioning • Ceiling Fan • Fireplace • In-Unit Laundry • Hardwood Floor
Occupied
NA
5 Beds
3 Baths
$3,495
Air Conditioning • Assigned Parking • In-Unit Laundry • Central Heat • Dishwasher
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