The Falls

📍 4518 Tournament Drive, Raleigh, NC 27612

📋 Property Overview

The Falls, in Raleigh, North Carolina, has Studio - 2 bd / 1 ba. The floor plan measures 337 sq ft. Rents run from $805 to $1,165 a month. Features in the home include hardwood floors, garbage disposal, range and bathtub. Shared amenities include parking, gym, dog park and pool. Pets are allowed (cats, reptiles and dogs), with pet rent of $35 for 1 pet; $50 for 2 pets. Parking is available: parking Lot. Leases run 13 months. Availability: Available now. The Walk Score here is 61, meaning some errands can be done on foot. Transit Score is 29. Rent sits 48% below the area median ($1,550).

🚶 Getting Around

• Walk Score61/100

  Somewhat Walkable

• Transit Score29/100

  Some Transit

💵 Costs & Lease

Deposit

$500 up to 1 months rent

Lease length

13 months

Units available

18 units

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

📐 Floor Plan Details

• Paradise Falls1 bd · 1 ba · 564 sq ft$1,0804 units available
• Emerald Falls1 bd · 1 ba · 437 sq ft$9804 units available
• Oasis Falls2 bd · 2 ba · 828 sq ft$1,0854 units available
• Cascade Falls2 bd · 2 ba · 878 sq ft$1,1651 unit available
• Sierra Falls2 bd · 1 ba · 626 sq ft$9904 units available
• Capris FallsStudio · 1 ba · 337 sq ft$8051 unit available

🧾 Move-in Costs & Lease

Security deposit

$500 up to 1 months rent

Move-in fee

$200 reservation fee

Other fees

Trash fee: $18

Lease length

13 months

Also available

12 months

Lease options

3-13 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

Birds, Cats, Dogs, Fish, Reptiles

Pet deposit

$300 for one pet and $500 for two pets

Pet rent

$35 for 1 pet; $50 for 2 pets

Limit

2 pets

Restrictions

NO BREED RESTRICTIONS 100 lb weight limit per pet (certain restrictions on upper floors may apply). All pets must be approved by management; PRG reserves the right to approve or deny pet applications.

✨ Features & Details

• Pet Friendly
• In unit laundry
• Google fiber
• Patio / balcony
• Hardwood floors
• Dishwasher
• Recently renovated
• Stainless steel
• Air conditioning
• Bathtub
• Carpet
• Garbage disposal
• Ice maker
• Oven
• Range
• Refrigerator
• Dogs allowed
• Clubhouse
• Concierge
• Dog park
• Gym
• On-site laundry
• Playground
• Pool
• Pool table
• Bbq/grill
• Tennis court
• Cats allowed
• Accessible
• Parking
• 24hr maintenance
• Business center
• CC payments
• Online portal
• Package receiving
• 564 sq ft
• 437 sq ft
• 828 sq ft
• 878 sq ft
• 626 sq ft
• 337 sq ft

📊 Property Facts

Walk Score

61 · Somewhat Walkable

Transit Score

29 · Some Transit

🚗 Parking

• Parking Lot

🎓 Nearby Schools

• Hilburn Academy · PK-86/10 · 1.2 mi
• York Elementary · PK-56/10 · 1.8 mi
• Stough Elementary · PK-54/10 · 2.0 mi
• Jeffreys Grove Elementary · PK-57/10 · 2.1 mi
• Leesville Road Elementary · K-54/10 · 2.1 mi
• Leesville Road Middle · 6-87/10 · 2.1 mi
• Leesville Road High · 9-127/10 · 2.3 mi
• Lynn Road Elementary · PK-54/10 · 2.8 mi
• Lacy Elementary · PK-55/10 · 3.5 mi
• Martin Middle · 6-85/10 · 3.5 mi

🏡 Floor Plans

4540-305

564 sq ft · 13 mo

Available now

$1,080

4580-303

564 sq ft · 13 mo

Available now

$1,080

4620-103

564 sq ft · 13 mo

Available now

$1,080

4620-105

564 sq ft · 13 mo

Available now

$1,095

4660-203

437 sq ft · 13 mo

Sep 29, 2026

$980

4520-104

437 sq ft · 13 mo

Oct 1, 2026

$980