5+ Days Ago
Highlights
Pet Friendly
- Quiet neighborhood
- Attached garage
- Private bathroom
- Large backyard
- Trails
Location
5201 Waterwalk Ln, Raleigh, NC 27616, USA
Tour 5201 Waterwalk Ln
Contact
Triangle Investment Realty, Inc.
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Property Overview
Featuring an attached garage, a large backyard, and access to nearby trails, this property offers both convenience and outdoor enjoyment. Located in a quiet neighborhood, it is designed for comfort and productivity with a tranquil environment and abundant natural light, making it ideal for those who work from home. Additionally, it is pet-friendly and provides good value in comparison to similar properties in the area.
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
Pet owners
Work-from-home
Amenities for 5201 Waterwalk Ln
Apartment 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 |
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 5201 Waterwalk Ln
Property Status: Pending January rent free! 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 © 2026 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
- 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
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 Jan 24 2026.
Raleigh
| Month | Median Rent |
|---|---|
| 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 | $1,878 |
| January 2026 | $1,863 |
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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 3-bedrooms monthly rent price of $1,650.
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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