5+ Days Ago
Highlights
- Prime location
- Charming haven
- Serene urban lifestyle
Location
509 Cape Ave # 511 #511, Raleigh, NC 27601, USA
Tour 509 Cape Ave #511
Contact
NC & CO Realty
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Property management
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Property Overview
Set in a prime location, the home offers a charming haven with a serene urban lifestyle and ample photos to preview the space in detail. The walkable area features abundant parks, restaurants, and event hubs, supporting an active social life and convenient access to local amenities. Nearby public transit and strong walkability also align with environmentally conscious living.
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
Less expensive- Images Available
Great for
Eco living
Social life
Amenities for 509 Cape Ave #511
Apartment Amenities
| Air Conditioning |
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
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 509 Cape Ave #511
Welcome to 511 Cape Ave, a charming haven nestled in the heart of Raleigh, NC, offering an exquisite 1-bedroom rental experience. This beautifully maintained multiplex property invites you to immerse yourself in a serene urban lifestyle, conveniently located within the vibrant pulse of the city. Step inside to discover a thoughtfully designed space that maximizes comfort and functionality, perfect for creating your ideal home sanctuary. The prime location places you just moments away from Raleigh’s best dining, shopping, and entertainment options, making it an ideal choice for those who love to explore. Discover the perfect blend of comfort, style, and location in this unique rental opportunity, where your next chapter awaits.
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 509 Cape Ave #511 compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- 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
- Greater distance from middle schools
- The nearest middle school is farther than 0.4 mile away
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Zip code | 27601 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Raleigh
1-bedroom apartments at 509 Cape Ave #511 cost about 14% less than the average rent price for 1-bedroom apartments in Raleigh.
Median rents as of May 9 2026.
Raleigh
| Month | Median Rent |
|---|---|
| May 2024 | $1,290 |
| 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 | $1,205 |
| April 2026 | $1,252 |
| May 2026 | $1,271 |
Affordability calculator
Can I afford to live at 509 Cape Ave # 511 #511?
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
$43,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,800 annually to afford this 1-bedroom monthly rent price of $1,095.
For more information on rent affordability, visit our rent calculator.
Schools near 509 Cape Ave #511
Southeast Raleigh Elementary School
1436 rock quarry rd
raleigh, NC, 27610
PK, K-5Public
C
Governor Morehead School for the Blind
303 ashe ave
raleigh, NC, 27606
K-12Public
Rogers Lane Elementary
201 north rogers ln
raleigh, NC, 27610
PK, K-5Public
C+
Mount Vernon Middle School
5418 chapel hill rd
raleigh, NC, 27607
K-8Public
C+
Beaverdam Elementary School
3591 tarheel club rd
raleigh, NC, 27604
PK, K-5Public
B-
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Internet available near 509 Cape Ave #511
Neighborhood
Getting around Raleigh near 509 Cape Ave # 511 #511
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 509 Cape Ave # 511 #511, Raleigh
Groceries
3/10
At least one supermarket within a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
9/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
4/10
Some bars within a few minutes’ walk
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