1601 Alderman Circle

Great value in South Raleigh — this bright 2-bedroom, 1-bath apartment offers hardwood floors, an updated kitchen and bathroom, and large windows that fill the space with natural light. At $1,395/month, it's one of the most affordable 2-bedroom options in the 27603 zip code.

The quiet setting includes a covered carport, outdoor storage, and a large shared yard — rare extras at this price point. Cats are welcome.

Location couldn't be more convenient: just off Hwy 401 with quick access to Wake Tech Community College, Downtown Raleigh, I-40, I-540, Fuquay-Varina, and the Cleveland School area. Whether you're a student, commuter, or just looking for a well-priced home close to everything, this one checks the boxes.

Skip the security deposit. A traditional security deposit is required, but we offer a deposit-free option through Obligo — pay a small monthly fee instead of tying up cash upfront.

Rent: $1,395/mo
Monthly processing fee: $10
One-time admin fee: $200 (non-refundable)
Security deposit: $1,395 (or deposit-free via Obligo)
Application fee: $75 per adult
Pets: Cats allowed, no dogs
No smoking