Capital Flats & Magnolia Square Apartments

📍 500 & 511 East Hargett St & East Martin St, Raleigh, NC 27601

📋 Property Overview

Set in Olde East Raleigh, Raleigh, North Carolina, this home has 1 bd and 1 ba. Interior space is 500 sq ft. Rents run from $900 to $925 a month. Inside, the home includes in unit laundry, microwave, patio / balcony and air conditioning. On site there is business center, coffee bar, clubhouse and cats allowed. Pets are allowed (cats and dogs), with pet rent of $30. The standard lease term is 10 months. Availability: Available now. With a Walk Score of 93, most errands can be done on foot. Transit Score is 74. Rent sits 40% below the area median ($1,500).

🚶 Getting Around

• Walk Score93/100

  Walker's Paradise

• Transit Score74/100

  Excellent Transit

💵 Costs & Lease

Lease length

10 months

Units available

7 units

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

📐 Floor Plan Details

• MS 1x11 bd · 1 ba · 540 sq ft$9253 units available
• CF 1x1A1 bd · 1 ba · 500 sq ft$9003 units available
• CF 1x1B1 bd · 1 ba · 500 sq ft$9001 unit available

🧾 Move-in Costs & Lease

Lease length

10 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

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.

✅ Who Qualifies

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

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

Pet rent

$30

One-time pet fee

$350

Limit

2 pets

Restrictions

No Breed Restrictions

✨ Features & Details

• Pet Friendly
• In unit laundry
• Patio / balcony
• Hardwood floors
• Dishwasher
• Recently renovated
• Air conditioning
• Refrigerator
• Stainless steel
• Microwave
• Dogs allowed
• Business center
• Clubhouse
• Coffee bar
• Dog park
• Elevator
• Fire pit
• On-site laundry
• Bbq/grill
• Bike storage
• Yoga
• Cats allowed
• Package receiving
• 540 sq ft
• 500 sq ft

📊 Property Facts

Walk Score

93 · Walker's Paradise

Transit Score

74 · Excellent Transit

🚗 Parking

No parking on site

🎓 Nearby Schools

• Wake Young Men's Leadership Academy · 6-127/10 · 0.1 mi
• Moore Square Museum Magnet Mid · 6-85/10 · 0.2 mi
• Longleaf School Of The Arts · 9-123/10 · 0.2 mi
• Hunter Elementary School · PK-55/10 · 0.5 mi
• Ligon Middle · 6-83/10 · 0.6 mi
• Exploris · K-87/10 · 0.8 mi
• Washington Elementary · K-55/10 · 0.9 mi
• Carnage Middle · 6-85/10 · 1.1 mi
• Wiley Elementary · K-55/10 · 1.2 mi
• Partnership Elementary · K-54/10 · 1.2 mi

🏡 Floor Plans

208MS

540 sq ft · 10 mo

Available now

$925

303MS

540 sq ft · 10 mo

Available now

$925

304MS

540 sq ft · 10 mo

Available now

$925

312CF

500 sq ft · 10 mo

Available now

$900

306CF

500 sq ft · 10 mo

Oct 2, 2026

$900

209CF

500 sq ft · 10 mo

Sep 28, 2026

$900