3 Days Ago
Location
508 Richmond Ave, Burlington, NC 27217, USA
Tour 508 Richmond Ave
Contact
RedStone Property Management
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Amenities for 508 Richmond Ave
Appliances
| In-Unit Laundry |
Services
| On-Site Management |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 508 Richmond Ave
Includes: Refrigerator, Stove, Wash/Dryer, Electric Heat, Central Air Utilities Required: Electricity, Water Application Fee: $40 per applicant Security Deposit: Starting at 1 month's rent Administrative Fee: $95 ( Due at lease signing, One-Time Fee ) Section 8 Accepted: NO Pets Allowed: YES Non-Smoking Unit Application Requirements: - Minimum credit score of 550 - No evictions within the past 5 years - Felonies, violent crimes against persons/property, and sexual crimes may result in a declined application - Verification of rental history - At least 3x the monthly rent in combined gross monthly income RedStone Property Management 500 S. Main St. Suite 300 Burlington, Nc 27215 Serving property owners and residents in Burlington, Mebane, and Greensboro By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
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 508 Richmond Ave compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 27217 |
|---|---|
| Type | House for rent |
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Rent trends in Burlington
2-bedroom apartments at 508 Richmond Ave cost about 14% less than the average rent price for 2-bedroom apartments in Burlington.
Median rents as of May 9 2026.
Burlington
| Month | Median Rent |
|---|---|
| May 2024 | $1,250 |
| June 2024 | $1,244 |
| July 2024 | $1,253 |
| August 2024 | $1,247 |
| September 2024 | $1,243 |
| October 2024 | $1,212 |
| November 2024 | $1,206 |
| December 2024 | $1,198 |
| January 2025 | $1,273 |
| February 2025 | $1,310 |
| March 2025 | $1,332 |
| April 2025 | $1,351 |
| May 2025 | $1,339 |
| June 2025 | $1,295 |
| July 2025 | $1,256 |
| August 2025 | $1,279 |
| September 2025 | $1,249 |
| October 2025 | $1,266 |
| November 2025 | $1,251 |
| December 2025 | $1,228 |
| January 2026 | $1,253 |
| February 2026 | $1,207 |
| March 2026 | $1,260 |
| April 2026 | $1,223 |
| May 2026 | $1,217 |
Affordability calculator
Can I afford to live at 508 Richmond Ave?
Bedrooms
2 bedroomsRent-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
$41,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,600 annually to afford this 2-bedrooms monthly rent price of $1,040.
For more information on rent affordability, visit our rent calculator.
Schools near 508 Richmond Ave
Digital Connections Academy
612 apple st
burlington, NC, 27217
K-12Public
Eastlawn Elementary School
502 n graham hopedale rd
burlington, NC, 27217
PK, K-5Public
C
Hillcrest Elementary School
1714 w davis st
burlington, NC, 27215
PK, K-5Public
C
Harvey R. Newlin Elementary School
316 carden st
burlington, NC, 27215
PK, K-5Public
C
Grove Park Elementary School
141 trail one
burlington, NC, 27215
PK, K-5Public
C
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Internet available near 508 Richmond Ave
Neighborhood
Getting around Burlington near 508 Richmond Ave
Walking
4/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 508 Richmond Ave, Burlington
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Nightlife
3/10
Some bars within walking distance
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