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5+ Days Ago
Highlights
- Swimming pool
- Open floor plan
- Fitness room
- Fenced backyard
- Neighborhood amenities
- Detached 2 car garage
Location
5501 Wallace Martin Way, Raleigh, NC 27616, USA
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Property management
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Amenities for 5501 Wallace Martin Way
Features
| Air Conditioning | Carpet |
| Down Stair Master Bed Room |
Appliances
| Dishwasher | Garbage Disposal |
| Microwave | Refrigerator |
| Stove |
Tech
| Cable Ready |
Community
| Fitness Center | Onsite Laundry |
Grounds
| Community Pool | Community Recreation |
| Fenced Yard | Garage Parking |
| Outdoor Space | Swimming Pool |
Other
| No Pets |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 5501 Wallace Martin Way
END UNIT with lots of upgrades. 2-story plan with first floor Master Bedroom and Laundry room & open floor plan has something for everyone! Detached 2 CAR GARAGE with a FENCED backyard which gives much privacy & a feeling of a Single Family home! extra large loft entertainment space on 2nd floor with 2 additional bedrooms & full bath make this a fantastic home! Neighborhood has fantastic amenities with pool/clubhouse;fitness room;restaurants and more! Close to 540 and downtown. extensive walking community benefits like elementary school, church, swimming pool, brewery, coffee shop, minimart, well-maintained gym etc.
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 5501 Wallace Martin Way compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- More space
- The 3-bedroom is 517 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
Address details
| Zip code | 27616 |
|---|---|
| Type | House for rent |
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Rent trends in Raleigh
3-bedroom apartments at 5501 Wallace Martin Way cost about 8% more than the average rent price for 3-bedroom apartments in Raleigh.
Median rents as of Jun 13 2026.
Raleigh
| Month | Median Rent |
|---|---|
| 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 |
| May 2026 | $1,949 |
| June 2026 | $1,950 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 6 years ago | $1,950 |
Schools near 5501 Wallace Martin Way
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+
Barton Pond Elementary
12004 strickland rd
raleigh, NC, 27613
PK, K-5Public
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 5501 Wallace Martin Way
Neighborhood
Getting around Raleigh near 5501 Wallace Martin Way
Walking
4/10
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.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 5501 Wallace Martin Way, Raleigh
Groceries
5/10
The nearest general grocery store is within a 15-to-20 minute walk.
Shopping
6/10
Several fashion stores are within a short walk.
Cafes
2/10
Few cafés are within walking distance.
Restaurants
4/10
Some restaurants are within walking distance.
Primary schools
7/10
The closest elementary school is within a 10-to-15-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
7/10
Very few or no parks in the area.
Nightlife
1/10
No bars are within walking distance.
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