The Gramercy

📍 650 West North Street, Raleigh, NC 27603

📋 Property Overview

Studio - 2 bd and 1 ba, available in Downtown Raleigh, Raleigh, North Carolina. The floor plan measures 540 sq ft. Rents run from $1,185 to $2,245 a month. Features in the home include bathtub, walk in closets, stainless steel and in unit laundry. On site there is cats allowed, pool table, garage and 24hr gym. Pets are allowed (cats and dogs), with pet rent of $25. Residents have access to garage. The standard lease term is 12 months. Availability: Available now. With a Walk Score of 92, most errands can be done on foot. Transit Score is 64. That is 21% below the local median of $1,500.

🚶 Getting Around

• Walk Score92/100

  Walker's Paradise

• Transit Score64/100

  Good Transit

💵 Costs & Lease

Deposit

$315

Lease length

12 months

Units available

19 units

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

📐 Floor Plan Details

• ChelseaStudio · 1 baNone available right now
• Upper WestsideStudio · 1 baNone available right now
• Morningside1 bd · 1 baNone available right now
• East Village1 bd · 1 baNone available right now
• Time Square2 bd · 2 baNone available right now
• Midtown1 bd · 1 ba · 691 sq ft$1,3505 units available
• East Village1 bd · 1 ba · 883 sq ft$1,6601 unit available
• Astoria2 bd · 2 ba · 1,166 sq ft$2,1751 unit available
• Time Square2 bd · 2 ba · 1,380 sq ft$2,2451 unit available
• Upper WestsideStudio · 1 ba · 590 sq ft$1,2151 unit available
• Morningside1 bd · 1 ba · 687 sq ftNone available right now
• TribecaStudio · 1 ba · 696 sq ftNone available right now

🧾 Move-in Costs & Lease

Security deposit

$315

Move-in fee

$150 admin fee

Other fees

Renter's insurance required

Lease length

12 months

Lease options

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

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

$25

One-time pet fee

300-500

Limit

2 pets

Restrictions

Breed Restrictions. Max of two pets. $300 pet fee for the 1st pet and $200 pet fee for the 2nd. $25 monthly pet rent/ pet.

✨ Features & Details

• Pet Friendly
• In unit laundry
• Patio / balcony
• Granite counters
• Hardwood floors
• Dishwasher
• Air conditioning
• Bathtub
• Carpet
• Ceiling fan
• Furnished
• Stainless steel
• Microwave
• Oven
• Range
• Refrigerator
• Walk in closets
• Business center
• Conference room
• Clubhouse
• Coffee bar
• Courtyard
• Fire pit
• 24hr gym
• Parking
• Pool
• Pool table
• Bike storage
• Guest parking
• Internet access
• Key fob access
• Trash valet
• Valet service
• Yoga
• Cats allowed
• Dogs allowed
• Garage
• Bbq/grill
• Internet cafe
• 691 sq ft
• 883 sq ft
• 1166 sq ft
• 1380 sq ft
• 590 sq ft
• 856 sq ft
• 540 sq ft
• 692 sq ft
• 754 sq ft

📊 Property Facts

Walk Score

92 · Walker's Paradise

Transit Score

64 · Good Transit

🚗 Parking

• Garage · assigned (extra fee) · $75

🎓 Nearby Schools

• Wiley Elementary · K-55/10 · 0.2 mi
• Partnership Elementary · K-54/10 · 0.3 mi
• Needham Broughton High · 9-125/10 · 0.4 mi
• Exploris · K-87/10 · 0.4 mi
• Wake Young Women's Leadership Academy · 6-129/10 · 0.7 mi
• Longleaf School Of The Arts · 9-123/10 · 0.9 mi
• Moore Square Museum Magnet Mid · 6-85/10 · 1.0 mi
• Hope Elementary School · K-54/10 · 1.0 mi
• Wake Young Men's Leadership Academy · 6-127/10 · 1.2 mi
• Underwood Elementary · K-54/10 · 1.2 mi

🏡 Floor Plans

318

691 sq ft · 12 mo

Oct 8, 2026

$1,350

533

691 sq ft · 12 mo

Available now

$1,380

635

691 sq ft · 12 mo

Sep 12, 2026

$1,415

735

691 sq ft · 12 mo

Available now

$1,440

733

691 sq ft · 12 mo

Available now

$1,440

541

883 sq ft · 12 mo

Oct 10, 2026

$1,660