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5605 Thea Lane is a contemporary property characterized by an open floor plan, modern design, and three spacious bedrooms enhanced by sleek granite countertops and new flooring. With an overall Zumper expert rating of 8.6, it offers exceptional value at a price rating of 10 and an impressive amenities rating of 9, alongside a prime location near a highly-rated high school. Additionally, it ranks in the 90th percentile for value, reflecting its competitive pricing and high-quality features.
Things you’ll love
High school nearbyLess expensive| 3BR/2.5BA | 3 bed | 2.5 bath | $1,540 /mo | 1 unit available | Offered by Haven Property Management by Ginger & Co. Take a Virtual Tour: https my matterport com show ?m=PmjTigU7zPf Step into modern living with this beautifully renovated end-unit apartment, offering 3 spacious bedrooms, 2.5 bathrooms, and an open deck—perfect for outdoor relaxation or entertaining. Recently updated with sleek granite countertops, new flooring, and fresh finishes throughout, this home combines style and functionality. The kitchen boasts modern appliances and ample counter space, making it a perfect place to prepare meals and gather with loved ones. Enjoy the comfort of a newly renovated interior, offering a perfect blend of contemporary design and cozy charm. The open floor plan allows for seamless flow from room to room, with plenty of natural light filling the space. Location couldn’t be better—just minutes from NC State University, making it the ideal location. You’ll also find shopping, dining, and entertainment options right at your doorstep, with downtown Raleigh just a short drive away. With easy access to major roads, interstates, the Research Triangle Park (RTP), and Raleigh-Durham International Airport, this apartment offers unbeatable convenience for work and play. Lease Length: Minimum 12 Months Lease Fee: $75 *This property does not accept Section 8. Qualification Requirements: - Credit score of 620 or higher - Income of at least 3x the monthly rent - Positive rental history - No co-signers accepted Screening Information: The screening will - Check your credit report - Check for any past evictions - Verify your employment, if applicable - Ensure personal income is sufficient and verifiable - Verify your previous landlord references - Perform a criminal background screening We encourage you NOT TO APPLY if you: * Have credit scores below 620 * Have ever been evicted * Have a bad rental history * Have recent or drug/violence-related felonies Application Instructions: (1) Submit your application online at: https havenrentalproperties com available-properties (2) Each occupant 18 years or older must submit a separate application (3) Applications will not be processed until all required information is submitted, including: - Income documentation for verification - Completed applications for all adult occupants - Previous landlord information for rental history verification -------------------------------------------------------------------------------------- Application Approval & Move-In Process: Once your application is approved, a signed lease and payment of the security deposit are required within five (5) days to secure the property. Key Release Policy: Keys will be released in person to leaseholders only. At the time of key pickup, leaseholders must present the following: - A valid photo ID - Proof of renter's insurance with the leaseholder’s name listed (binder only; declaration page not accepted) - Confirmation of utilities set up in the leaseholder’s name - All required documents must be presented in person to complete the key release process. ***Move-in Special: Any advertised move-in special or promotion is subject to change at any time and must be verified with management prior to submitting an application. |
Let's explore this property.
Appliances
| Dishwasher | Oven |
| Range | Refrigerator |
| Stove |
One-time.
One-time. Refundable.
| Units | 4 |
|---|
Offered by Haven Property Management by Ginger & Co. Take a Virtual Tour: https my matterport com show ?m=PmjTigU7zPf Step into modern living with this beautifully renovated end-unit apartment, offering 3 spacious bedrooms, 2.5 bathrooms, and an open deck—perfect for outdoor relaxation or entertaining. Recently updated with sleek granite countertops, new flooring, and fresh finishes throughout, this home combines style and functionality. The kitchen boasts modern appliances and ample counter space, making it a perfect place to prepare meals and gather with loved ones. Enjoy the comfort of a newly renovated interior, offering a perfect blend of contemporary design and cozy charm. The open floor plan allows for seamless flow from room to room, with plenty of natural light filling the space. Location couldn’t be better—just minutes from NC State University, making it the ideal location. You’ll also find shopping, dining, and entertainment options right at your doorstep, with downtown Raleigh just a short drive away. With easy access to major roads, interstates, the Research Triangle Park (RTP), and Raleigh-Durham International Airport, this apartment offers unbeatable convenience for work and play. Lease Length: Minimum 12 Months Lease Fee: $75 *This property does not accept Section 8. Qualification Requirements: - Credit score of 620 or higher - Income of at least 3x the monthly rent - Positive rental history - No co-signers accepted Screening Information: The screening will - Check your credit report - Check for any past evictions - Verify your employment, if applicable - Ensure personal income is sufficient and verifiable - Verify your previous landlord references - Perform a criminal background screening We encourage you NOT TO APPLY if you: * Have credit scores below 620 * Have ever been evicted * Have a bad rental history * Have recent or drug/violence-related felonies Application Instructions: (1) Submit your application online at: https havenrentalproperties com available-properties (2) Each occupant 18 years or older must submit a separate application (3) Applications will not be processed until all required information is submitted, including: - Income documentation for verification - Completed applications for all adult occupants - Previous landlord information for rental history verification -------------------------------------------------------------------------------------- Application Approval & Move-In Process: Once your application is approved, a signed lease and payment of the security deposit are required within five (5) days to secure the property. Key Release Policy: Keys will be released in person to leaseholders only. At the time of key pickup, leaseholders must present the following: - A valid photo ID - Proof of renter's insurance with the leaseholder’s name listed (binder only; declaration page not accepted) - Confirmation of utilities set up in the leaseholder’s name - All required documents must be presented in person to complete the key release process. ***Move-in Special: Any advertised move-in special or promotion is subject to change at any time and must be verified with management prior to submitting an application.
How 5605 Thea Lane compares to other nearby properties.
Positives
Considerations
3-bedroom apartments at 5605 Thea Lane cost about 14% less than the average rent price for 3-bedroom apartments in Southwest Raleigh.
| Month | Median Rent |
|---|---|
| December 2023 | $1,339 |
| January 2024 | $1,334 |
| February 2024 | $1,333 |
| March 2024 | $1,258 |
| April 2024 | $1,259 |
| May 2024 | $1,261 |
| June 2024 | $1,266 |
| July 2024 | $1,286 |
| August 2024 | $1,267 |
| September 2024 | $1,285 |
| October 2024 | $1,266 |
| November 2024 | $1,307 |
| December 2024 | $1,258 |
| January 2025 | $1,316 |
| February 2025 | $1,353 |
| March 2025 | $1,368 |
| April 2025 | $1,316 |
| May 2025 | $1,346 |
| June 2025 | $1,357 |
| July 2025 | $1,279 |
| August 2025 | $1,303 |
| September 2025 | $1,308 |
| October 2025 | $1,228 |
| November 2025 | $1,233 |
| Month | Median Rent |
|---|---|
| December 2023 | $600 |
| January 2024 | $600 |
| February 2024 | $650 |
| March 2024 | $707 |
| April 2024 | $675 |
| May 2024 | $800 |
| June 2024 | $1,005 |
| July 2024 | $1,346 |
| August 2024 | $1,355 |
Can I afford to live at 5605 Thea Ln?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$61,600/yr
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