1 Day Ago
Location
7424 Penny Hill Ln, Raleigh, NC 27615, USA
Tour 7424 Penny Hill Ln
Contact
SCHAMBS PROPERTY MANAGEMENT GROUP, INC.
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Amenities for 7424 Penny Hill Ln
Apartment Amenities
| Carpet | Ceiling Fan |
| Central Air | Electric Heating |
| Fireplace | Walk-in Closet |
Appliances
| In-Unit Laundry |
Building
| Exterior Type: Frame | Laundry Room |
Grounds
| Outdoor Space | Swimming Pool |
Other
| Five 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 7424 Penny Hill Ln
Property Status: Active This stellar North Raleigh townhome is nestled in a prime locale & ready for immediate occupancy. Reserved parking and a covered front porch welcomes you into an interior featuring neutral paint & attractive plank flooring throughout the main level. A bright and functional kitchen boasts ample cabinetry & an adjacent dining area that leads into the 19x12 family room complete with a cozy gas log fireplace & direct access to an over-sized, 16x10 rear deck overlooking a private backyard area. Upstairs you'll find both bedrooms! Each includes a walk-in closet as well as double windows, plank flooring (no carpet upstairs either) & a private, en-suite bathroom. Rent includes washer/dryer/refrigerator as well as lawn maintenance & access to the community pool & tennis courts that are conveniently located less than 1 minute from your front door! Office Phone: (919) 803-7789 Copyright © 2026 Longleaf Pine Realtors. 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 7424 Penny Hill Ln compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 27615 |
|---|---|
| Type | House for rent |
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Rent trends in Raleigh
2-bedroom apartments at 7424 Penny Hill Ln cost about 2% more than the average rent price for 2-bedroom apartments in Raleigh.
Median rents as of Mar 7 2026.
Raleigh
| Month | Median Rent |
|---|---|
| March 2024 | $1,565 |
| April 2024 | $1,566 |
| May 2024 | $1,563 |
| June 2024 | $1,598 |
| July 2024 | $1,592 |
| August 2024 | $1,553 |
| September 2024 | $1,532 |
| October 2024 | $1,532 |
| November 2024 | $1,534 |
| December 2024 | $1,517 |
| January 2025 | $1,518 |
| February 2025 | $1,558 |
| March 2025 | $1,547 |
| April 2025 | $1,530 |
| May 2025 | $1,549 |
| June 2025 | $1,564 |
| July 2025 | $1,555 |
| August 2025 | $1,557 |
| September 2025 | $1,548 |
| October 2025 | $1,544 |
| November 2025 | $1,522 |
| December 2025 | $1,549 |
| January 2026 | $1,539 |
| February 2026 | $1,513 |
| March 2026 | $1,515 |
Affordability calculator
Can I afford to live at 7424 Penny Hill Ln?
Bedrooms
2 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
$62,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $62,000 annually to afford this 2-bedrooms monthly rent price of $1,550.
For more information on rent affordability, visit our rent calculator.
Schools near 7424 Penny Hill Ln
North Ridge Elementary School
7120 harps mill rd
raleigh, NC, 27615
PK, K-5Public
B+
Barton Pond Elementary
12004 strickland rd
raleigh, NC, 27613
PK, K-5Public
Governor Morehead School for the Blind
303 ashe ave
raleigh, NC, 27606
K-12Public
Beaverdam Elementary School
3591 tarheel club rd
raleigh, NC, 27604
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 7424 Penny Hill Ln
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Raleigh near 7424 Penny Hill Ln
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 7424 Penny Hill Ln, Raleigh
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
2/10
Few or no cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
3/10
No elementary schools within a 30-minute walk
High schools
2/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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