Room for Rent

4 Days Ago

Verified

701 Fanning Way
701 Fanning Way, Durham, North Carolina 27704, United States

701 Fanning Way, Durham, North Carolina 27704, United States

Verified

Monthly rent	$850
Beds	1
Baths	1
Sqft	2,348

Monthly rent	$850
Beds	1
Baths	1
Sqft	2,348

4 Days Ago

Highlights

Soaking tub
Reading nook
Walk in closet
Open floor plan
Spacious floor plan
2 car garage

Location

701 Fanning Way, Durham, North Carolina 27704, United States|Northeast Durham

Tour 701 Fanning Way

Contact

Alcove Rooms

(919) 750-8278

Property Overview

Located in Durham, this residence features an open and spacious floor plan, a walk-in closet, and a relaxing soaking tub, enhancing comfort and convenience. A two-car garage adds practicality, while a cozy reading nook creates a charming space for relaxation. This property caters to various lifestyles with its thoughtful design and features.

Things you’ll love

More space
Covered parking
Images available

Great for

Social life
Wellness

Amenities for 701 Fanning Way, Northeast Durham

Apartment Amenities

Air Conditioning	Deck/Patio
Hardwood Floor	Massive Master Bed and Bath
Walk-in Closet

Appliances

Dishwasher

In-Unit Laundry

Building

Fitness Center

Onsite Laundry

Grounds

Garage Parking	Outdoor Space
Yard

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 701 Fanning Way

Home

701 Fanning Way, Durham, North Carolina 27704, United States

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. Note: Do not visit this property without first contacting us to schedule a tour at the number below.

Property highlights

How 701 Fanning Way compares to other nearby properties.

Positives

More space: The 1-bedroom is 998 sqft larger than other listings nearby
Covered parking: Garage, covered, or indoor parking is available at this address
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
Walk-in closet: Rentals here may include more closet space than average

Considerations

Pet restrictions: Pets aren't allowed at this location.

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 6% less than the average rent price for 1-bedroom apartments in Gorman.

Median rents as of Mar 15 2025.

Northeast Durham

Gorman

A table of 1-bedroom apartment rental data trends in 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

A table of 1-bedroom apartment rental data trends in Northeast Durham
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 bedroom

Rent-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

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 1-bedroom monthly rent price of $850.

For more information on rent affordability, visit our rent calculator.

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