Zumper
modified
22 Hours Ago

Highlights

  • Pet Friendly
  • Balcony
  • Hardwood floors throughout
  • Washer/dryer provided
  • No smoking
  • Spacious 2nd floor apartment

Location

117 Park Ave, Raleigh, NC 27605, USA
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Contact

Management

Raleigh Property Management LLC

Leasing office

(919) 794-4104

Property Overview

PARK117 features a solid Zumper Expert Rating of 8.3, reflecting its competitive pricing and high value relative to amenities and location, which received ratings of 10 and 9 respectively. The property offers notable features such as a balcony, hardwood floors, and in-unit laundry, while being situated near schools, grocery stores, and a wealth of recreational options, fostering a vibrant social and fitness community. With a trustworthiness rating of 7, it provides an accurate and transparent overview to prospective 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

8.3
Very Good
With a solid 8.3 out of 10 overall, PARK117 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, PARK117 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Middle school nearby

Great for

  • Social life
  • Eco living

Floor plans

3BR/1.0BA3 bed1 bath1,440 sqft$1,645 /mo1 unit availableCharming 3 Bedroom Apartment in an Unbeatable Location near Downtown Raleigh! Very spacious apartment that is close to everything. Hardwood floors throughout. Kitchen upgraded with new cabinets & dishwasher. Washer/dryer provided. Excellent location - walk to NCSU, Cameron Village , Pullen Park and downtown Raleigh! Electric and gas utilities are tenant's responsibility - water & trash is paid by the owner - tenant's reimburse owner $85/mo. No smoking of any kind allowed. Pets negotiable w/ add'l fees (dogs under 50 lbs - no aggressive breeds).

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Amenities for PARK117

Building

Cats OKDogs OK
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

Dog Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units3
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About PARK117

HomeApartments in Raleigh PARK117

Charming 3 Bedroom Apartment in an Unbeatable Location near Downtown Raleigh! Very spacious apartment that is close to everything. Hardwood floors throughout. Kitchen upgraded with new cabinets & dishwasher. Washer/dryer provided. Excellent location - walk to NCSU, Cameron Village , Pullen Park and downtown Raleigh! Electric and gas utilities are tenant's responsibility - water & trash is paid by the owner - tenant's reimburse owner $85/mo. No smoking of any kind allowed. Pets negotiable w/ add'l fees (dogs under 50 lbs - no aggressive breeds).


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, PARK117 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, PARK117 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated PARK117
Price·10A 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.
PARK117 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A 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.
With multiple in-demand amenities, PARK117 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
PARK117 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A 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.
While PARK117 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
PARK117 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

PARK117 is great for:

Social life

  • Areas nearby are accessible by walking
  • 173 restaurants within 1 mile of this property
  • Area has 39 parks and recreation options
  • 267 mixed-use spaces nearby

Eco living

  • 39 parks within a mile
  • You can get around by foot in this area
  • Public transit available nearby

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 PARK117 compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
Middle school nearby
There is a middle school 0.2 mile away

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Raleigh

3-bedroom apartments at PARK117 cost about 13% less than the average rent price for 3-bedroom apartments in Raleigh.

Median rents as of Mar 14 2026.
Raleigh
A table of studio rental data trends in Raleigh
MonthMedian Rent
March 2024$1,259
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
December 2025$1,185
January 2026$1,232
February 2026$1,184
March 2026$1,178

Affordability calculator

Can I afford to live at 117 Park Ave?

Bedrooms

3 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

$65,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $65,800 annually to afford this 3-bedrooms monthly rent price of $1,645.
For more information on rent affordability, visit our rent calculator.

Schools near PARK117

Governor Morehead School for the Blind

303 ashe ave

raleigh, NC, 27606

K-12Public

Southeast Raleigh Elementary School

1436 rock quarry rd

raleigh, NC, 27610

PK, K-5Public
C

Mount Vernon Middle School

5418 chapel hill rd

raleigh, NC, 27607

K-8Public
C+

Rogers Lane Elementary

201 north rogers ln

raleigh, NC, 27610

PK, K-5Public
C+

White Plains Children's Center

313 se maynard rd

cary, NC, 27511

PK, KPublic
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Getting around Raleigh near 117 Park Ave

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 117 Park Ave, Raleigh

Groceries

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

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

6/10
Some bars within walking distance

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