Zumper

OFFER:

Waived Admin Fee *Restrictions apply. Waived Admin Fee if the holding fee is paid within 48 hours of approval. Special applies to 12-month leases only & if moved in by 11/30/2026. We are now offering to waive the admin fee for all active-duty military members! To qualify, the applicant should provide verification of current active-duty military status.

modified
Updated 3 Days Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

138 Signal Hill Drive, Statesville, NC 28625, USA
Hi! Let’s figure out if this property is right for you.

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Tour Signal Hill Apartments and Townhomes

Contact

Management

Magnolia Villas

Our team has verified this company

Leasing office

(980) 374-8288

Open 

9:00 am–3:00 pm ET

Property Overview

Signal Hill Apartments and Townhomes earns a strong overall impression with a 9.6 Zumper Expert Rating, standout amenities, and a prime, convenient location. Its spacious, flexible floor plans, competitive value, detailed listing, and nearby pet-related services and schools add to its appeal for renters.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Signal Hill Apartments and Townhomes is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • Elementary school nearby
  • High school nearby
  • Middle school nearby

Great for

  • Pet owners

Floor plans

StudioStudio1 bath475 sqft$1,024 /mo
1 Bed 1 Bath1 bed1 bath640 sqft$1,074 /mo
1 Bed 1 Bath Large1 bed1 bath670 sqft$1,124 /mo
1 Bed 1 Bath W Patio1 bed1 bath680 sqft$1,149 /mo
2 Bed 1 Bath2 bed1 bath903 sqft$1,274 /mo
3 Bed 1 Bath3 bed1 bath1,015 sqft$1,374 /mo
3 Bed 2.5 Bath TH3 bed2.5 bath1,325 sqft$1,549 /mo

Let's explore this property.

Amenities for Signal Hill Apartments and Townhomes

Apartment Amenities

Air ConditioningBalcony
CarpetCentral Heat
Dining RoomHeating
Tub/ShowerVinyl Flooring
Walk In ClosetWalk-in Closet
Window Coverings

Appliances

DishwasherIn-Unit Laundry
Range

Tech

Cable Ready

Building

Cats OKDogs OK
Onsite LaundryWheelchair Accessible

Grounds

Outdoor SpacePet Area
Pet-Friendly CommunityPlayground
Swimming Pool

Services

On-Site ManagementProperty Manager Onsite
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

Application Fee

Per-applicant. Refund Policy: Non-Refundable.

$50

Holding Fee

One-time. Refund Policy: Non-Refundable. Applied toward the $500 move-in fee.

$300

REQUIRED FEES

Admin Fee

One-time. Refund Policy: Non-Refundable.

$250

Remaining Move-in Fee

One-time. Refund Policy: Non-Refundable. Due at Move-In. This is the remaining balance after the holding fee is applied.

$200

Security Deposit

One-time. Security deposit requirements may vary based on standard application screening criteria.

Contact Property

Utilities

Monthly. Submetered.

Usage Based

Valet Trash

Monthly.

$35

Community Fee

Monthly.

$15

Pest Fee

Monthly.

$10

Liability Waiver

Monthly.

$14

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

1st Pet

1st Pet Fee

One-time. 2 1st pets max. Refund Policy: Non-Refundable.

$300

2nd Pet

2nd Pet Fee

One-time. 2 2nd pets max. Refund Policy: Non-Refundable.

$150

SITUATIONAL FEES

Questions about this property’s policies and fees?

About Signal Hill Apartments and Townhomes

Managed by Magnolia Villas
HomeApartments in Statesville Signal Hill Apartments and Townhomes

LUXURY APARTMENTS & TOWNHOMES | STATESVILLE, NC Signal Hill Apartments offers a mixture of style, comfort, and livability. These Studio - 3 bedroom apartments include a variety of beautiful layouts. Enjoy a peaceful lifestyle surrounded by trees and nature, just minutes away from shopping centers, parks, and museums. Whether you're looking for a family friendly space or the perfect work from home spot, you can have it all at The Signal Hill. *Pricing is subject to change. Call for availability before submitting an application. Application fees are non-refundable. Live Beautiful. Apply Today!


Lease Terms
12 Months | Short-term leases are available for an additional fee.

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.6
/10
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Signal Hill Apartments and Townhomes is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated Signal Hill Apartments and Townhomes
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Signal Hill Apartments and Townhomes stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Signal Hill Apartments and Townhomes stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Signal Hill Apartments and Townhomes offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Signal Hill Apartments and Townhomes has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Signal Hill Apartments and Townhomes.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Signal Hill Apartments and Townhomes has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Signal Hill Apartments and Townhomes is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet grooming service nearby
  • 2 pet supply stores near the property
  • 1 pet hospital in the area

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 Signal Hill Apartments and Townhomes compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.7 miles away
High school nearby
There is a high school 2.1 miles away
Middle school nearby
There is a middle school 1.1 miles away
Balcony
Easy access to the outdoors
Central heat
Climate controlled environment
Images Available
There are at least 10 photos of this property
Laundry available on site
Washers and dryers are available in-building
Pool
Enhanced community features
Walk-in closet
More closet space on average

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Rent trends in Statesville

Studio apartments at Signal Hill Apartments and Townhomes cost about 14% more than the average rent price for studios in Statesville.

1-bedroom apartments here are priced 17% higher than 1-bedrooms in Statesville.

If you decide to upgrade your space, you can expect 2-bedrooms at Signal Hill Apartments and Townhomes to be 18% more than the average for similarly sized apartments in Statesville.

3-bedroom apartments at Signal Hill Apartments and Townhomes cost about 9% less than the average rent price for 3-bedroom apartments in Statesville.

Median rents as of Dec 27 2025.
Statesville
A table of studio rental data trends in Statesville
MonthMedian Rent
November 2024$2,150
December 2024$2,150
January 2025$2,150
February 2025$2,150
April 2025$900
May 2025$900
November 2025$1,170
December 2025$975

Affordability calculator

Can I afford to live at 138 Signal Hill Drive?

Bedrooms

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

$40,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $40,960 annually to afford this studio monthly rent price of $1,024.
For more information on rent affordability, visit our rent calculator.

Schools near Signal Hill Apartments and Townhomes

Northview Academy

222 knox st

statesville, NC, 28677

K-12Public
C

ISS Virtual Academy

1147 salisbury rd

statesville, NC, 28625

K-12Public

East Iredell Elementary School

400 e elementary rd

statesville, NC, 28625

PK, K-5Public
B-

Discovery Program at the Springs

163 barium dr

statesville, NC, 28677

PK, K-12Public

West Rowan Elementary

480 mimosa st

cleveland, NC, 27013

PK, K-5Public
B-
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Getting around Statesville near 138 Signal Hill Drive

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

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

Points of interest for 138 Signal Hill Drive, Statesville

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

4/10
Limited amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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