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Drucker + Falk
The Raleigh Apartments offers a strong overall living experience, with a 7.3 rating, standout amenities and location scores, and a detailed, trustworthy property description. It also features a charming community and park-like setting, along with photo coverage and convenient nearby outdoor, dining, and pet-related options, supporting its appeal for renters seeking convenience and an active neighborhood feel.
Things you’ll love
Images AvailableLaundry available on siteOutdoor spaceGreat for
Social life
Pet owners| Efficiency | Studio | 1 bath | 460 sqft | $1,095 /mo | 5 units available | ||
| One Bedroom | 1 bed | 1 bath | 700 sqft | $1,149 /mo | 2 units available | ||
| One BedroomA | 1 bed | 1 bath | 720 sqft | $1,189 /mo | 2 units available | ||
| Two BedroomA | 2 bed | 1 bath | 1,000 sqft | $1,389 /mo | 5 units available | ||
| Two Bedroom | 2 bed | 1 bath | 910 sqft | $1,499 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Front and Back Entrances |
| Hardwood Floor | High Ceiling |
| High Ceilings | Water Included |
Appliances
| Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Beautiful Courtyard | Outdoor Space |
Services
| On-Site Maintenance | On-Site Management |
Neighborhood
| Close to Cameron Village Shopping Center | Close To Highway |
| Close to School and Downtown | Transportation |
Other
| Online Payments Available |
Per-applicant. Refund Policy: Non-refundable. Application Fee.
One-time. Refund Policy: Non-refundable. Administrative Fee.
One-time. Refundable.
Monthly. Refund Policy: Non-refundable. Utility - Billing Administrative Fee.
One-time. Refund Policy: Non-refundable. Utility - Electric.
One-time. 2 cats max. Refund Policy: Non-refundable.
Monthly. Refund Policy: Non-refundable.
One-time. 2 dogs max. Refund Policy: Non-refundable.
Monthly. Refund Policy: Non-refundable.
One-time. 2 pets max. Refund Policy: Non-refundable.
Monthly. Refund Policy: Non-refundable.
Questions about this property’s policies and fees?
| Units | 150 |
|---|
Welcome to The Raleigh Apartments! A choice downtown location in a park like setting . . . The Raleigh Apartments is a charming community consisting of efficiency, one and two-bedroom garden apartments amid grassy fields and mature shade trees. Visit Us Today!
Showing 8 highest rated
I’ve been living here since April 2024, very easy application and move in process. The neighbor hood is the best apartment complex I’ve ever stayed in, relatively quiet, with real nice people and a few families. Great amenities such as a dog park and beautiful luscious grounds. Very very close to groceries, fun, bus, and close to my job as well. I can get everything I need (including library books) either by riding my scooter or on my own two feet. Very much hidden gem, although the appliances and fixtures are sort of old, it matches the historical charm of the building. And if anything is broken the maintenance is super fast with fixing it. You aren’t getting anything luxury here, but the Raleigh Apartments makes up for it with charm, location, and price. I plan to live here as long as I can until my next journey awaits. Word to the wise: PUT SPARE KEYS OUTSIDE, the door locking system is so confusing. I’ve been locked out of my apartment about 3 or 4 times and each time had to pay for a locksmith to come open my apartment ($200 a pop). One of the doors locks automatically as soon as you walk out, you’ll see what I mean when you move in.
Cora “Coco” Fisher
Nov 01, 2024
This place is a hidden gem right in downtown Raleigh! Walking distance to Cameron Village, Glenwood South, and NC State. There is a beautiful courtyard in the middle of the buildings for walking dogs, getting sun, and relaxing. The units themselves are spacious and roomy with lots of natural light. Jason has been managing this property for many years now, and is always responsive and helpful to residents' needs. I really enjoyed my time living there!
Matthew Huffman
Nov 08, 2022
We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
How The Raleigh Apartments compares to other nearby properties.
Positives
Considerations
Studio apartments at The Raleigh Apartments cost about 12% less than the average rent price for studios in Raleigh.
1-bedroom apartments here are priced 8% lower than 1-bedrooms in Raleigh.
If you decide to upgrade your space, you can expect 2-bedrooms at The Raleigh Apartments to be 7% less than the average for similarly sized apartments in Raleigh.
| Month | Median Rent |
|---|---|
| July 2024 | $1,292 |
| 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 |
| December 2025 | $1,185 |
| January 2026 | $1,232 |
| February 2026 | $1,184 |
| March 2026 | $1,146 |
| April 2026 | $1,064 |
| May 2026 | $1,093 |
| June 2026 | $1,110 |
| July 2026 | $1,214 |
Can I afford to live at 740 Smallwood Dr?
Bedrooms
Rent-to-income ratio
30%
$43,800/yr
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2–3 Beds
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