5+ Days Ago
Highlights
- Soaking tub
- Stainless steel appliances
- Reading nook
- Open kitchen
- Walk in closet
- Spacious floor plan
Location
701 Fanning Way, Durham, NC 27704, USA|Northeast Durham
Tour 701 Fanning Way
Contact
Alcove Rooms
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Property Overview
With a spacious floor plan and an open kitchen enhanced by stainless steel appliances, residents can enjoy both comfort and convenience. Notable features such as a soaking tub and a cozy reading nook add to the property’s appeal. Ideal for those seeking a harmonious blend of style and functionality, this home offers a pleasant living experience.
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- More space
- Middle school nearby
Great for
Work-from-home
Social life
Policies and fees
Contact for more information on pet policy.
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About 701 Fanning Way
Find more available rooms for rent at Alcove Rooms. This is a room for rent in a shared home with roommates on long-term leases. One is moving out and a room is opening up. Do not visit the property without first contacting us to schedule a tour at the number below. Spacious 4 Bedroom 2.5 Bath on Corner Lot in The Villages of Independence Park - Updated and immaculately maintained home w/ spacious & open floor plan with new beautiful bamboo wood floors, updated lighting, & fresh paint. Open kitchen perfect for entertaining with prep island, stainless steel appliances, and plenty of counter space. Large pantry closet leads to laundry room/mudroom. First floor flex-space can be used for home office/ sitting room. First floor powder room updated with pedestal sink. Ample windows provides lots of natural sunlight. Private grilling deck overlooks a wooded backyard. Second floor landing has a loft space that can be used for home gym/ student space/ reading nook. Four separate bedrooms surround the loft space. Generous master suite with a luxury bathroom containing double vanity, soaking tub, separate toilet room & walk in closet. Enjoy the peace and quiet of this home on a corner, wooded lot with low yard maintenance. 2 Car garage. Convenient to Independence Park (.2miles), Duke Regional Hospital (1.9 miles), Museum of Life Sciences (2.5 miles), Downtown Durham (4.8 miles), Eno River State Park (9.1 miles), RTP (13.5 miles), RDU Airport (18.9 miles) Make this spacious place your home.
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 701 Fanning Way compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- More space
- The 1-bedroom is 1135 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Address details
| Neighborhood | Northeast Durham |
|---|---|
| Zip code | 27704 |
| Type | Room for rent |
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Rent trends in Northeast Durham
1-bedroom apartments at 701 Fanning Way cost about 37% less than the average rent price for 1-bedroom apartments in Gorman.
Median rents as of Mar 15 2025.
Northeast Durham
Gorman
| Month | Median Rent |
|---|---|
| February 2024 | $705 |
| March 2024 | $665 |
| April 2024 | $1,182 |
| May 2024 | $1,182 |
| June 2024 | $1,066 |
| July 2024 | $823 |
| August 2024 | $595 |
| September 2024 | $595 |
| October 2024 | $595 |
| March 2025 | $595 |
| Month | Median Rent |
|---|---|
| March 2024 | $805 |
| June 2024 | $900 |
| July 2024 | $900 |
Affordability calculator
Can I afford to live at 701 Fanning Way?
Bedrooms
1 bedroomRent-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
$22,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $22,600 annually to afford this 1-bedroom monthly rent price of $565.
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.| 1 year ago | $640 |
Schools near 701 Fanning Way
Eno Valley Elementary School
117 milton rd
durham, NC, 27712
PK, K-5Public
C+
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Internet available near 701 Fanning Way
Neighborhood
Northeast Durham | Gorman, NC
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Durham near 701 Fanning Way
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 701 Fanning Way, Durham
Groceries
2/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
1/10
Few or no bars within walking distance
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