2 Days Ago
Highlights
Pet Friendly
Location
5116 Ranger Grove Way, Raleigh, NC 27604, USA
Tour 5116 Ranger Grove Way
Contact
Mann + Myers Realty Group
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Property Overview
Set in a Raleigh neighborhood with community amenities and convenient access to local services, 5116 Ranger Grove Way offers comfortable living with modern finishes and functional layout. Notable features and pros include a well-designed interior, manageable outdoor space, and advantages for those seeking a low-maintenance home base with nearby recreational and everyday conveniences.
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
More space- Middle school nearby
Great for
Pet owners
Amenities for 5116 Ranger Grove Way
Community
| Cats OK | Dogs 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?
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About 5116 Ranger Grove Way
Welcome to your next home at 5116 Ranger Grove Way! This brand-new, thoughtfully designed single-family residence blends modern convenience with neighborhood charm. Perfectly situated in Raleigh's highly sought-after Northeast Raleigh area, this home offers easy access to major roads, shopping, parks, and schools. This 3-bedroom, 2.5-bath home is in the desirable Peace River Village community. Built in 2025, this home offers 2,300 sq. ft. of modern living space with an open floor plan that feels bright, spacious, and inviting. The main level features a gourmet kitchen with quartz countertops, stainless steel appliances, and a large island overlooking the living and dining areas perfect for entertaining or family gatherings. Upstairs, you'll find a versatile loft space, ideal as a home office or playroom, along with generously sized bedrooms and a luxurious owner's suite with a walk-in shower and double vanity. Step outside to enjoy a covered patio and private backyard, perfect for relaxing evenings. The home also includes a two-car garage with space for additional parking. Peace River Village is a growing community close to shops, dining, parks, and major highways, making commuting around Raleigh simple. Zoned for Beaverdam Elementary, River Bend Middle, and Knightdale High, it's an excellent choice for families seeking both comfort and convenience. Available Now Don't Miss Out! Contact Us Today to Schedule a Tour Perfect for growing families, professionals seeking a serene yet accessible location, or anyone looking for a modern space in Northeast Raleigh. - Property rents ' as it' - One year lease - Rent due on the 1st of each month - Tenants are responsible for Utilities & Landscaping - Application is through our tenant portal Doorloop - Smoking Prohibited - HOA Regulations/Rules must be followed - No previous evictions, felonies, or bankruptcy
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 5116 Ranger Grove Way compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 884 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 27604 |
|---|---|
| Type | House for rent |
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Rent trends in Raleigh
3-bedroom apartments at 5116 Ranger Grove Way cost about 21% more than the average rent price for 3-bedroom apartments in Raleigh.
Median rents as of Apr 11 2026.
Raleigh
| Month | Median Rent |
|---|---|
| April 2024 | $1,945 |
| May 2024 | $1,950 |
| June 2024 | $1,995 |
| July 2024 | $1,978 |
| August 2024 | $1,952 |
| September 2024 | $1,918 |
| October 2024 | $1,897 |
| November 2024 | $1,899 |
| December 2024 | $1,900 |
| January 2025 | $1,900 |
| February 2025 | $1,906 |
| March 2025 | $1,900 |
| April 2025 | $1,932 |
| May 2025 | $1,959 |
| June 2025 | $1,967 |
| July 2025 | $1,974 |
| August 2025 | $1,951 |
| September 2025 | $1,950 |
| October 2025 | $1,925 |
| November 2025 | $1,897 |
| December 2025 | $1,878 |
| January 2026 | $1,867 |
| February 2026 | $1,870 |
| March 2026 | $1,895 |
| April 2026 | $1,900 |
Affordability calculator
Can I afford to live at 5116 Ranger Grove Way?
Bedrooms
3 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
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 3-bedrooms monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
Schools near 5116 Ranger Grove Way
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-
Lockhart Elementary School
1320 n smithfield rd
knightdale, NC, 27545
PK, K-5Public
B-
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
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Internet available near 5116 Ranger Grove Way
Neighborhood
Getting around Raleigh near 5116 Ranger Grove Way
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5116 Ranger Grove Way, Raleigh
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
1/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
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
Parks
8/10
Large amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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