Nearby rentals
Renter hub
Property management
Pet Friendly
Triangle Investment Realty, Inc.
The property on Waterwalk Lane features notable characteristics including an open layout, spacious kitchen, and attached garage, all situated in a quiet neighborhood. It is recognized for its excellent value, ranking in the 86.26 percentile for cost-effectiveness in the area. Additionally, it is ideal for remote work arrangements and pet-friendly living, offering utilities included in rent and outdoor spaces for pets.
Things you’ll love
Less expensiveFireplaceImages AvailableGreat for
Work-from-home
Pet ownersApartment Amenities
| Carpet | Ceiling Fan |
| Central Air | High Ceilings |
| Walk-in Closet |
Appliances
| Dishwasher |
Building
| Cats OK | Dogs OK |
Grounds
| 2 Parking Spaces | Garage Parking |
| Outdoor Space | Storage |
Other
| Seven Rooms |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Property Status: Active 3 Bedrooms | 2 Bathrooms | 1 Story | Garage | Large Yard | Pets OK | Move-in ready! This clean and comfortable single-story home is located in a quiet, convenient Raleigh neighborhood just minutes from shopping, restaurants, and I-540. | Home Features | Bright and open living area with great natural light. Spacious kitchen with plenty of cabinets. Primary bedroom with private bathroom. Two additional bedrooms perfect for office/guests. Attached garage for secure parking and storage. Large backyard ideal for kids, pets, or relaxing. One-level layout (no stairs!) | Prime Location | Close to: Triangle Town Center | Harris Teeter, Target, Costco | Parks, restaurants, and trails | Quick access to I-540 and US-1 | Pets Welcome | Pets OK with landlord approval. | Move-In Ready | Available immediately - clean, well-maintained, and easy to show. Office Phone: (919) 852-0510 Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 5201 Waterwalk Lane compares to other nearby properties.
Positives
| Zip code | 27616 |
|---|---|
| Type | House for rent |
3-bedroom apartments at 5201 Waterwalk Lane cost about 12% less than the average rent price for 3-bedroom apartments in Raleigh.
| Month | Median Rent |
|---|---|
| December 2023 | $1,909 |
| January 2024 | $1,924 |
| February 2024 | $1,942 |
| March 2024 | $1,923 |
| April 2024 | $1,939 |
| 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 | $1,887 |
Can I afford to live at 5201 Waterwalk Lane?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$66,000/yr
3829 forestville rd
raleigh, NC, 27616
5418 chapel hill rd
raleigh, NC, 27607
Southeast Raleigh • 2292 Fox Ridge Manor Road
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1100 Lenoxplace Circle
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Southeast Raleigh • 2292 Fox Ridge Manor Road
2–3 Beds
$1,350–$1,850
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2–3 Beds
$1,248–$2,652
135 listings
582 listings
