Zumper

4938 Southern Magnolia Dr
4938 Southern Magnolia Dr, Raleigh, NC 27604, USA

Room for Rent
Monthly rent
$692–$709
Beds1
Baths1
Sqft1,688–1,865
modified
5+ Days Ago

Property Overview

Featuring hardwood floors, granite countertops, and stainless steel appliances, this spacious townhome offers an appealing open floorplan and large bedrooms. Its proximity to a highly rated middle school, located just under a mile away, enhances its attractiveness. With an abundance of photos available, potential renters can easily visualize the property’s inviting 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

  • Middle school nearby
  • Covered parking
  • Extra Storage

Great for

  • Pet owners

Highlights

  • hardwood floors
  • granite counter tops
  • stainless steel appliances
  • open floorplan
  • spacious townhome
  • large bedroom

Units

4938 Southern Magnolia Dr Raleigh, NC

Available

1 Bed, 1 Bath

Our team has verified this company

1 Bed

1 Bath

$709

Listed on 11/10/2025
Listed by Alcove Rooms
Days on market: 87
NEW home. Co-living in this spacious townhome with three levels. This first floor features a large bedroom and full bath. The door next to the staircase leads to an oversized 1-car garage that has plenty of storage room. Open floorplan that has the perfect layout to maximize livable space and a large kitchen area with a convenient island looks out over a great room with a neighboring powder room. Also has a private covered deck and other spacious bedrooms. In unit W/D as well. Note: Do not visit this property without first contacting us to schedule a tour at the number below.

Available

1 Bed, 1 Bath

1 Bed

1 Bath

$692

Listed on 04/09/2024
Listed by Room in 3 Bedroom Townhome at Southern Magnolia Dr
Days on market: 667
Find more available rooms for rent at Alcove Rooms. This is a room for rent in a shared home with roommates on long-term leases. One is moving out and a room is opening up. Do not visit the property without first contacting us to schedule a tour at the number below. Brand new townhome ideal for roommates, featuring stainless steel appliances, granite counter tops, hardwood floors, deck on second floor and wonderful wood facing backyard. Enjoy a great location in northeast Raleigh with quick access to major highways, parks, and more. Cats and small dogs only.

Amenities for 4938 Southern Magnolia Dr

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • Garage Parking
  • Storage
  • Outdoor Space
  • Fitness Center
Unit Amenities
  • In-Unit Laundry
  • Dishwasher
  • Air Conditioning
  • Hardwood Floor
  • Walk-In Closets
  • Assigned Parking
  • Balcony
  • Deck

Policies at 4938 Southern Magnolia Dr

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 4938 Southern Magnolia Dr

HomeRooms in Raleigh 4945 Southern Magnolia Dr, Raleigh, NC 27604, USA

Don't miss this fantastic opportunity to rent a spacious townhome at 4938 Southern Magnolia Dr, Raleigh, NC 27604! This intimate community consists of 7 units, offering a 1-bedroom floorplan with sizes ranging from 1688 to 1865 square feet. Enjoy top-notch features like hardwood floors, granite countertops, stainless steel appliances, and an open floorplan that seamlessly connects the large kitchen area to the great room. Take advantage of amenities like a garage, HVAC system, storage, dishwasher, and outdoor space. Plus, be close to top-rated schools, including a high school with an A- or higher rating. With long-term rentals and a focus on comfort and convenience, this property is an excellent choice for those seeking a peaceful living experience.

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Address details

Units7
Units available2
City
Zip code27604

4945 Southern Magnolia Dr is great for:

Pet owners

  • Outdoor spaces are available at this property

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 4938 Southern Magnolia Dr, Raleigh, NC 27604, USA compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
Covered parking
Garage, covered, or indoor parking is available at this address
Extra Storage
Upgraded in-unit features
Images available
There are at least 10 photos of this address

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Raleigh

1-bedroom apartments here are priced 44% lower than 1-bedrooms in Raleigh.

Median rents as of Jan 31 2026.
Raleigh
A table of studio rental data trends in Raleigh
MonthMedian Rent
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
December 2025$1,185
January 2026$1,232

Affordability calculator

Can I afford to live at 4938 Southern Magnolia Dr?

Bedrooms

1 bedroom

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

$28,020/yr

With your selected rent-to-income ratio, you'd ideally want to make $28,020 annually to afford this 1-bedroom median monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.

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 4945 Southern Magnolia Dr, Raleigh, NC.
6 months ago$7501 bed1 bath
1 year ago$7501 bed1 bath
1 year ago$7501 bed1 bath
1 year ago$8331 bed1 bath
2 years ago$8681 bed1 bath
2 years ago$8341 bed1 bath
2 years ago$8681 bed1 bath
2 years ago$1,7503 bed3.5 bath
2 years ago$1,7503 bed3.5 bath

Schools near 4945 Southern Magnolia Dr

Mount Vernon Middle School

5418 chapel hill rd

raleigh, NC, 27607

K-8Public
C+
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Raleigh near 4938 Southern Magnolia Dr

Walking

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

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 4938 Southern Magnolia Dr, Raleigh

Groceries

8/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

7/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 30-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

6/10
Some bars within walking distance

Explore the area around 4938 Southern Magnolia Dr

Publix
417 W Peace St
Glenwood South Pharmacy Market
401 Glenwood Ave
Weaver Street Market
404 W Hargett St
The Fresh Market
400 Woodburn Rd
Reid's Fine Foods
443 Daniels St

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