Zumper

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

Room for Rent
Monthly rent
$692–$750
Beds1
Baths1
Sqft1,688–1,865
modified
5+ Days Ago

Property Overview

Featuring hardwood floors, granite countertops, and stainless steel appliances, the spacious townhome presents an inviting open floor plan and large bedroom. The property is located just under a mile from a top-rated middle school and offers an impressive collection of 94 photos, aiding prospective renters in visualizing the space. Additionally, it ranks in the 73.91 percentile for both overall value and value per square foot within the area, highlighting its competitive pricing.

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
  • More space
  • Covered parking

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

1 Bed

1 Bath

$692

Listed on 04/09/2024
Listed by Room in 3 Bedroom Townhome at Southern Magnolia Dr
Days on market: 532
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.

Available

1 Bed, 1 Bath

1 Bed

1 Bath

$750

Listed on 06/25/2024
Listed by Room in 3 Bedroom Townhome at Southern Magnolia Rd
Days on market: 455
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. Coliving 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.

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
  • Fitness Center
Unit Amenities
  • Dishwasher
  • Walk-In Closets
  • In-Unit Laundry
  • Assigned Parking
  • Hardwood Floor
  • Balcony
  • Deck
  • Air Conditioning

Policies at 4938 Southern Magnolia Dr

Contact for more information on pet policy.

Parking

Garage ParkingContact for Price
Assigned ParkingContact for Price
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About 4938 Southern Magnolia Dr

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

Enjoy the perfect blend of comfort and convenience at 4938 Southern Magnolia Dr, Raleigh, NC 27604. This intimate community consists of 7 units, offering a spacious 1-bedroom floorplan with sizes ranging from 1688 to 1865 square feet. Residents can appreciate the luxurious touches of hardwood floors, granite countertops, and stainless steel appliances, all within an open floorplan. Unwind on your private covered deck or in the great room. The property also features a range of amenities, including a garage, HVAC system, and storage. Plus, the location is highly sought after, with top-rated schools nearby, including a high school with an A- or higher rating. With only a limited number of units, this is a rare opportunity to experience the best of Raleigh living.

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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
More space
The 1-bedroom is 910 sqft larger than other listings nearby
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 Sep 20 2025.
Raleigh
A table of studio rental data trends in Raleigh
MonthMedian Rent
October 2023$1,309
November 2023$1,327
December 2023$1,371
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$1,313

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

$28,840/yr

With your selected rent-to-income ratio, you'd ideally want to make $28,840 annually to afford this 1-bedroom median monthly rent price of $721.
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.
Last month$7501 bed1 bath
9 months ago$7501 bed1 bath
1 year ago$7501 bed1 bath
1 year ago$8331 bed1 bath
1 year ago$8681 bed1 bath
1 year ago$8341 bed1 bath
1 year ago$8681 bed1 bath
1 year ago$1,7503 bed3.5 bath
1 year 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

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