5+ Days Ago
Highlights
- Fireplace
- Eat-in kitchen
- Gas stove
- Easy access
- Nice sized patio
Location
5201 Waterwalk Ln, Raleigh, NC 27616, USA
Tour 5201 Waterwalk Ln
Contact
Triangle Investment Realty, Inc.
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Property management
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Amenities for 5201 Waterwalk Ln
Apartment Amenities
| Carpet | Ceiling Fan |
| Central Air | Fireplace |
| High Ceilings | Walk-in Closet |
Appliances
| Dishwasher |
Grounds
| Garage Parking | Swimming Pool |
Other
| Seven Rooms |
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
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About 5201 Waterwalk Ln
Property Status: Active One story ranch with plenty of light in a cul-de-sac corner lot. Fireplace, eat-in kitchen, gas stove, one car garage! Nice sized patio. Neighborhood has walking trails, pool, and pond. Easy access to 401/540/US1 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.
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 5201 Waterwalk Ln compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Zip code | 27616 |
|---|---|
| Type | House for rent |
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Rent trends in Raleigh
3-bedroom apartments at 5201 Waterwalk Ln cost about 12% less than the average rent price for 3-bedroom apartments in Raleigh.
Median rents as of Oct 18 2025.
Raleigh
| Month | Median Rent |
|---|---|
| November 2023 | $1,902 |
| December 2023 | $1,910 |
| 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 | $1,931 |
Affordability calculator
Can I afford to live at 5201 Waterwalk Ln?
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
$67,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $67,800 annually to afford this 3-bedrooms monthly rent price of $1,695.
For more information on rent affordability, visit our rent calculator.
Schools near 5201 Waterwalk Ln
Harris Creek Elementary School
3829 forestville rd
raleigh, NC, 27616
PK, K-5Public
B+
Mount Vernon Middle School
5418 chapel hill rd
raleigh, NC, 27607
K-8Public
C+
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Internet available near 5201 Waterwalk Ln
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Raleigh near 5201 Waterwalk Ln
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
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5201 Waterwalk Ln, Raleigh
Groceries
1/10
Closest supermarket further than a 30-minute walk
Shopping
3/10
Some 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
0/10
Closest high school further than a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
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