Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Hardwood floors
  • Granite counter tops
  • Featuring stainless steel appliances
  • Quick access to major highways

Location

4938 Southern Magnolia Dr, Raleigh, NC 27604, USA

Tour 4938 Southern Magnolia Dr

Contact

Alcove Rooms

Our team has verified this company
(919) 750-8278

Property Overview

Characterized by elegant hardwood floors and modern granite countertops, this residence also includes stainless steel appliances for a contemporary touch. Its strategic location offers quick access to major highways, enhancing convenience for commuting. Ideal for those seeking a stylish home with both aesthetic appeal and practicality.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Middle school nearby
  • More space
  • Covered parking

Great for

  • Pet owners

Amenities for 4938 Southern Magnolia Dr

Features

Air ConditioningHardwood Floor

Appliances

DishwasherIn-Unit Laundry

Community

Cats OKDogs OK

Grounds

Outdoor Space
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Advertisement

About 4938 Southern Magnolia Dr

HomeRooms in Raleigh 4938 Southern Magnolia Dr, Raleigh, NC 27604, USA

Brand new townhome ideal for roommates, featuring stainless steel appliances, granite counter tops, hardwood floors, deck on second floor and wonderful wood facing backyard. Enjoy a great location in northeast Raleigh with quick access to major highways, parks, and more. Cats and small dogs only. Note: Do not visit this property without first contacting us to schedule a tour at the number below.


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 4938 Southern Magnolia Dr, Raleigh, NC 27604, USA compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
More space
The 1-bedroom is 969 sqft larger than other listings nearby
Covered parking
Garage, covered, or indoor parking is available at this address
Extra Storage
Upgraded in-unit features
Images available
There are at least 10 photos of this address

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

Address details

Zip code27604
TypeRoom for rent

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Raleigh

1-bedroom apartments at 4938 Southern Magnolia Dr cost about 43% less than the average rent price for 1-bedroom apartments in Raleigh.

Median rents as of Mar 21 2026.
Raleigh
A table of 1-bedroom apartment rental data trends in Raleigh
MonthMedian Rent
April 2024$1,288
May 2024$1,293
June 2024$1,291
July 2024$1,297
August 2024$1,266
September 2024$1,241
October 2024$1,242
November 2024$1,247
December 2024$1,249
January 2025$1,263
February 2025$1,263
March 2025$1,257
April 2025$1,266
May 2025$1,284
June 2025$1,287
July 2025$1,291
August 2025$1,293
September 2025$1,284
October 2025$1,261
November 2025$1,243
December 2025$1,227
January 2026$1,245
February 2026$1,238
March 2026$1,207

Affordability calculator

Can I afford to live at 4938 Southern Magnolia Dr?

Bedrooms

1 bedroom

Rent-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

$27,680/yr

With your selected rent-to-income ratio, you'd ideally want to make $27,680 annually to afford this 1-bedroom monthly rent price of $692.
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.
Check out the past listing prices for monthly rent at 4938 Southern Magnolia Dr, Raleigh, NC.
This month$7091 bed1 bath
7 months ago$7501 bed1 bath
1 year ago$7501 bed1 bath
2 years ago$7501 bed1 bath
2 years ago$8341 bed1 bath
2 years ago$8681 bed1 bath
2 years ago$8341 bed1 bath
2 years ago$8681 bed1 bath
2 years ago$1,7503 bed3.5 bath

Schools near 4938 Southern Magnolia Dr

Governor Morehead School for the Blind

303 ashe ave

raleigh, NC, 27606

K-12Public

Southeast Raleigh Elementary School

1436 rock quarry rd

raleigh, NC, 27610

PK, K-5Public
C

Mount Vernon Middle School

5418 chapel hill rd

raleigh, NC, 27607

K-8Public
C+

Rogers Lane Elementary

201 north rogers ln

raleigh, NC, 27610

PK, K-5Public
C+

Beaverdam Elementary School

3591 tarheel club rd

raleigh, NC, 27604

PK, K-5Public
B-
Powered byniche.com
Advertisement

Internet available near 4938 Southern Magnolia Dr

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Raleigh near 4938 Southern Magnolia Dr

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 4938 Southern Magnolia Dr, Raleigh

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

6/10
Some bars within walking distance

Other units at this address

4938 Southern Magnolia Dr Raleigh, NC

Occupied

1 Bed, 1 Bath

Our team has verified this company

1 Bed

1 Bath

$709

Listed by Alcove Rooms
Days on market: 134
NEW home. Co-living in this spacious townhome with three levels. This first floor features a large bedroom and full bath. The door next to the staircase leads to an oversized 1-car garage that has plenty of storage room. Open floorplan that has the perfect layout to maximize livable space and a large kitchen area with a convenient island looks out over a great room with a neighboring powder room. Also has a private covered deck and other spacious bedrooms. In unit W/D as well. Note: Do not visit this property without first contacting us to schedule a tour at the number below.

Occupied

3 Beds, 3.5 Baths

3 Beds

3.5 Baths

$1,700

Listed by Leasing Office
Days on market: 1798
Brand New Townhome - 3 Bed 3.5 Bath - Property Id: 578972 Excellent Floorplan with 42" kitchen cabinets, Granite Counter Tops, large kitchen center island serves as the hub of family gatherings. 1st floor bedroom w/ full bath and walk-in-closet. Every bedroom includes a walk-in closet! Backs to common open space. Short drive to downtown Raleigh and nearby shops, restaurant, hospitals and night life Pictures to be uploaded soon. NPM Application to be used. Contact **** Apply at TurboTenant: http rental turbotenant com p 4940-southern-magnolia-dr -raleigh-nc 578972 Property Id 578972

Occupied

3 Beds, 3.5 Baths

3 Beds

3.5 Baths

$1,750

Listed by Emily Nickolsom
Days on market: 874
End unit in MAGNOLIA TRACE! 3 bed/ 3.5 bath townhome with oversized garage. Near Hedingham Golf Course and convenient to downtown Raleigh and RTP. The second-floor living space features a kitchen with granite countertops, large eat-up island, stainless appliances, and gas cooktop! Balcony off dine-in area. The second floor also boasts a convenient half-bath. Two separate suites on the third floor a bedroom and bath on the ground floor. Moderate fee for access to fitness and amenities. To apply click. https app propertyware com pw application # tenant htrpropertymgt 2661974027

Occupied

3 Beds, 3.5 Baths

3 Beds

3.5 Baths

$1,795

Listed by Lacy Management
Days on market: 1736
This amazingly beautiful brand new 3 bedroom, 3.5 bath, oversized 1 car garage, 1700 sf SMART home located in central Raleigh. For convenience and safety, this home comes with Ring video doorbell, wireless garage opener, keyless entry, motion sensor, door sensors, mesh wi-fi router, water leak and CO detection. Features an open floor plan on the second floor, with Quartz countertops in the kitchen, SS appliances, and LVP flooring throughout the 2nd floor. The Master bedroom located on the third floor has a spacious walk-in owner's closet and dual vanity in the owner's bath. Just minutes to downtown Raleigh, major roads, dining, shopping, super convenient location! Schedule a tour at https showmojo com 3437c1a061 listings mapsearch Complete rental application at https lacymanagement managebuilding com Resident rental-application

Occupied

1

3 Beds

3.5 Baths

$1,795

Listed by Raj Yarlagadda
Days on market: 1714
Ready To Move in - End Unit, Brand New Townhome. 3 Bedroom, 3.5 Bath , 1 car garage. 1st floor bedroom w/ full bath and walk-in-closet. 2nf floor has upgraded Kitchen with 42" kitchen cabinets, large welcoming center island. Every bedroom includes a walk-in closet ! Backs to common open space. Short drive to downtown Raleigh and nearby shops, restaurant, hospitals and night life. Stove, Refrigerator, washer & dryer included. Must see ! Ready to Move In Brand New Town home End Unit with natural light. 3 Bedrooms, 3.5 Baths, 1 car garage. 1st floor bedroom w/full bath and walk-in-closet. Kitchen with large welcoming center island, 42" kitchen cabinets, steel appliances, dining & family room and powder room. All 3 bedrooms have a walk-in closet and attached bath. Great location, short drive to downtown Raleigh, nearby shops, restaurant, hospitals and night life. Washer & Dryer included. Must see !

Occupied

3 Beds, 3.5 Baths

3 Beds

3.5 Baths

$1,800

Listed by Leasing Office
Days on market: 1756
Brand new townhome for rent - Property Id: 613879 Brand new end unit for rent in Raleigh, close to downtown and accessible via I-540 and Hwy 401. Three bedrooms with attached bathrooms, common half-bath on the main floor. Stainless steel appliances included and ring eco-system installed. Non-smoking and no pets allowed. Apply at TurboTenant: http rental turbotenant com p 4951-southern-magnolia-dr-raleigh-nc 613879 Property Id 613879 No Pets Allowed

Compare similar properties nearby

featured image of 1107 Garner Rd

1107 Garner Rd

Studio

$895

dishwasher
Yes
in-unit laundry
No
air conditioning
No
featured image of 6625 Lake Hill Dr

Bridges at North Hills

Our team has verified this company

6625 Lake Hill Dr

Studio

$800–$1,059

dishwasher
Yes
in-unit laundry
Yes
air conditioning
No
featured image of 730 Maypearl Ln

730 Maypearl Ln, Raleigh, NC, 27610

Our team has verified this company

Southeast Raleigh • 730 Maypearl Ln

1 Bed

$580

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 909 Bragg St

909 Bragg St, Raleigh, NC, 27610

Our team has verified this company

909 Bragg St

1 Bed

$575

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 4600 Joyner Pl

4600 Joyner Pl, Raleigh, NC, 27612

Our team has verified this company

Brookhaven • 4600 Joyner Pl

1 Bed

$600

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 1411 Collegiate Cir

1411 Collegiate Cir, Raleigh, NC, 27606

Our team has verified this company

Southwest Raleigh • 1411 Collegiate Cir

1 Bed

$650

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 216 Woods Ream Dr

216 Woods Ream Dr, Raleigh, NC, 27615

Our team has verified this company

216 Woods Ream Dr

1 Bed

$570

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 2824 Henslowe Dr

2824 Henslowe Dr, Raleigh, NC, 27603

Our team has verified this company

Southwest Raleigh • 2824 Henslowe Dr

1 Bed

$650

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 1107 Garner Rd

1107 Garner Rd

Studio

$895

dishwasher
Yes
in-unit laundry
No
air conditioning
No
featured image of 6625 Lake Hill Dr

Bridges at North Hills

Our team has verified this company

6625 Lake Hill Dr

Studio

$800–$1,059

dishwasher
Yes
in-unit laundry
Yes
air conditioning
No
featured image of 730 Maypearl Ln

730 Maypearl Ln, Raleigh, NC, 27610

Our team has verified this company

Southeast Raleigh • 730 Maypearl Ln

1 Bed

$580

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 909 Bragg St

909 Bragg St, Raleigh, NC, 27610

Our team has verified this company

909 Bragg St

1 Bed

$575

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 4600 Joyner Pl

4600 Joyner Pl, Raleigh, NC, 27612

Our team has verified this company

Brookhaven • 4600 Joyner Pl

1 Bed

$600

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 1411 Collegiate Cir

1411 Collegiate Cir, Raleigh, NC, 27606

Our team has verified this company

Southwest Raleigh • 1411 Collegiate Cir

1 Bed

$650

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 216 Woods Ream Dr

216 Woods Ream Dr, Raleigh, NC, 27615

Our team has verified this company

216 Woods Ream Dr

1 Bed

$570

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes
featured image of 2824 Henslowe Dr

2824 Henslowe Dr, Raleigh, NC, 27603

Our team has verified this company

Southwest Raleigh • 2824 Henslowe Dr

1 Bed

$650

dishwasher
Yes
in-unit laundry
Yes
air conditioning
Yes

Check availability

Full name*
Move-in date
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by 4938 Southern Magnolia Dr, Raleigh, NC 27604, USA.

Studio apartment rentals in Raleigh24 listings

24 listings

1 Bedroom apartment rentals in Raleigh236 listings

236 listings

2 Bedroom apartment rentals in Raleigh370 listings

370 listings

3 Bedroom apartment rentals in Raleigh619 listings

619 listings

2 Bedroom house rentals in Raleigh126 listings

126 listings

3 Bedroom house rentals in Raleigh506 listings

506 listings

Advertisement