Room in 5 Bedroom Home at Formosa Ave – photo 1
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Room in 5 Bedroom Home at Formosa Ave

📍 404 Formosa Avenue, Durham, NC 27707

Monthly Rent

$725

Bedrooms

1 bd

Bathrooms

1 ba

Sq Feet

2567 sq ft

Updated over a month ago

📋 Property Overview

A home in Durham, North Carolina with 1 bd / 1 ba. The floor plan measures 2567 sq ft. Monthly rent is $725. Inside, the home includes patio / balcony, recently renovated, granite counters and carpet. Leases run 12 months. Availability: Available now. The Walk Score here is 52, meaning some errands can be done on foot. Transit Score is 42. That is 56% below the local median of $1,650.

🚶 Getting Around

  • Walk Score52/100

    Somewhat Walkable

  • Transit Score42/100

    Some Transit

5 transit routes nearby

  • 5Bus
1 bedroom · typical rent nearby$1,547

Market trend: even · as of August 2026

💵 Costs & Lease

Lease length
12 months
Units available
1 unit

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 5 Bed, 4.0 Bath5 bd · 4 ba · 2,400 sq ftNone available right now
  • 1 Bed, 1.0 Bath1 bd · 1 ba · 2,400 sq ftNone available right now
  • 5 Bed, 3.0 Bath5 bd · 3 ba · 2,595 sq ftNone available right now
  • 1BR/1BA1 bd · 1 ba · 2,567 sq ft$7251 unit available

🧾 Move-in Costs & Lease

Lease length
12 months
Available
Available now
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for North Carolina at $20,000 – $24,999 of personal property

$11–$16/ monthEstimate — not a quote

About $143–$188 a year.

Based on what North Carolina renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 625,767 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏠 Inside the Home

  • Patio / balcony
  • Granite counters
  • Recently renovated
  • Extra storage
  • Carpet

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

✨ Features & Details

  • Patio / balcony
  • Granite counters
  • Recently renovated
  • Extra storage
  • Carpet
  • 2567 sq ft

📊 Property Facts

Walk Score
52 · Somewhat Walkable
Transit Score
42 · Some Transit

🎓 Nearby Schools

  • J D Clement Early College High School · 9-129/10 · 0.2 mi
  • C. C. Spaulding Elementary · PK-52/10 · 0.3 mi
  • James E Shepard Middle School · 6-83/10 · 0.6 mi
  • Fayetteville Street Elementary · PK-53/10 · 0.7 mi
  • Burton Elementary · PK-57/10 · 0.9 mi
  • R N Harris Elementary · PK-56/10 · 1.0 mi
  • W G Pearson Elementary · PK-54/10 · 1.1 mi
  • Morehead Montessori · PK-57/10 · 1.2 mi
  • Middle College High School @ Dtcc · 11-128/10 · 1.2 mi
  • Eastway Elementary · PK-55/10 · 1.5 mi

🏡 Floor Plans

  • 1 bed, 1 bath, $725

    Availability: available

    $725

❓ Frequently Asked Questions

$725

per month

Available Now
1 bd
1 ba
2567 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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