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modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Private backyard
  • Ample parking
  • Community amenities
  • Hardwood laminate floors
  • Pet friendly

Location

7424 Penny Hill Ln, Raleigh, NC 27615, USA

Property Overview

Pet-friendly living stands out here, with outdoor spaces, hardwood laminate floors, and nearby pet supply stores and hospitals, complemented by a private backyard and ample parking. Strong value for money in the local market, community amenities, and a nearby top-rated middle school add to the overall appeal. Extensive photos further help prospective renters quickly understand the space and features.

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
  • Middle school nearby
  • Images Available

Great for

  • Wellness

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$1,469–$1,499

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$1,495

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2 Beds

$1,300–$1,500

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2 Beds

$1,275–$1,450

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Rent trends in Raleigh

2-bedroom apartments at 7424 Penny Hill Ln cost about 10% less than the average rent price for 2-bedroom apartments in Raleigh.

Median rents as of Jun 13 2026.
Raleigh
A table of 2-bedroom apartment rental data trends in Raleigh
MonthMedian Rent
June 2024$1,600
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$1,503
April 2026$1,504
May 2026$1,542
June 2026$1,539

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 7424 Penny Hill Ln, Raleigh, NC.
2 months ago$1,395
6 years ago$1,250

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.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

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

7/10
At least one supermarket within a 15-minute walk

Shopping

3/10
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

2/10
At least one elementary school within a 30-minute walk

High schools

2/10
At least one high school within a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

3/10
Some bars within walking distance

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Studio apartment rentals in Raleigh26 listings

26 listings

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