Updated 22 Hours Ago
Highlights
- Modern living
- Two-car garage
- Convenient vehicle storage and parking
Location
5404 Wallace Martin Way, Raleigh, NC 27616, USA
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Amenities for 5404 Wallace Martin Way
Features
| Carpet | Central Air |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Laundry Room |
Grounds
| 2 Parking Spaces | Garage Parking |
| Storage |
Other
| Eight 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
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About 5404 Wallace Martin Way
Property Status: Active Welcome to this well-appointed single residence in the 5401 North community of Raleigh, NC. This three-bedroom, three-and-a-half-bath home offers comfortable living space with thoughtful design across multiple levels. The residence features a two-car garage for convenient vehicle storage and parking. Situated on a lot spanning 5,663 square feet, the property provides a solid foundation for modern living. The multiple full and half bathrooms accommodate the needs of residents throughout the home. This single residence presents a practical choice for those seeking established community living in Raleigh. Office Phone: (919) 480-2021 Copyright © 2026 Doorify MLS. 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 5404 Wallace Martin Way, Raleigh, NC 27616, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- More space
- The 3-bedroom is 895 sqft larger than other listings nearby
- Extra Storage
- Upgraded in-unit features
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
- 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 5404 Wallace Martin Way cost about 30% more than the average rent price for 3-bedroom apartments in Raleigh.
Median rents as of Jul 18 2026.
Raleigh
| Month | Median Rent |
|---|---|
| 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 |
| May 2026 | $1,949 |
| June 2026 | $1,950 |
| July 2026 | $1,951 |
Affordability calculator
Can I afford to live at 5404 Wallace Martin 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
$101,760/yr
With your selected rent-to-income ratio, you'd ideally want to make $101,760 annually to afford this 3-bedrooms monthly rent price of $2,544.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $2,545 | 3 bed | 3.5 bath | ||
| 1 year ago | $2,545 | 3 bed | 0.5 bath |
Schools near 5404 Wallace Martin Way
River Bend Elementary School
6710 perry creek rd
raleigh, NC, 27616
PK, K-5Public
B
Beaverdam Elementary School
3591 tarheel club rd
raleigh, NC, 27604
PK, K-5Public
B-
Rogers Lane Elementary
201 north rogers ln
raleigh, NC, 27610
PK, K-5Public
C+
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 5404 Wallace Martin Way
Getting around Raleigh near 5404 Wallace Martin Way
Walking
2/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
0/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5404 Wallace Martin Way, Raleigh
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
2/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
2/10
Few or no restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Other units at this address
5404 Wallace Martin Way, Raleigh, NC
5404 Wallace Martin Way Raleigh, NC
Occupied
3 Beds, 0.5 Baths
3 Beds
0.5 Baths
$2,545
In-Unit Laundry
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