4840 North New Hope Road – photo 1
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4840 North New Hope Road

📍 4840 North New Hope Road, Raleigh, NC 27616

Monthly Rent

$1,255

Bedrooms

2 bd

Bathrooms

2 ba

Sq Feet

1060 sq ft

Updated over a month ago

📋 Property Overview

4840 North New Hope Road is a home in Raleigh, North Carolina with 2 bd / 2 ba. It measures 1060 sq ft. Monthly rent is $1,255. Inside, the home includes patio / balcony, granite counters, in unit laundry and recently renovated. On site there is pet friendly, dogs allowed and cats allowed. Pets are allowed (cats and dogs). The standard lease term is 12 months. Availability: Available now. With a Walk Score of 53, some errands can be done on foot. Transit Score is 42. That is 19% below the local median of $1,550.

🚶 Getting Around

  • Walk Score53/100

    Somewhat Walkable

  • Transit Score42/100

    Some Transit

6 transit routes nearby

  • 6Bus
2 bedroom · typical rent nearby$1,778

Market trend: Rising · as of August 2026

💵 Costs & Lease

Deposit
$1,255
Lease length
12 months
Units available
1 unit

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

📐 Floor Plan Details

  • 2 Bed, 2.0 Bath2 bd · 2 ba · 1,060 sq ft$1,2551 unit available

🧾 Move-in Costs & Lease

Security deposit
$1,255
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

  • In unit laundry
  • Patio / balcony
  • Granite counters
  • Recently renovated
  • Stainless steel
  • Fireplace

🏢 In the Building

  • Dogs allowed
  • Cats allowed
  • Pet friendly

✅ Who Qualifies

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

🐾 Pets

Pets
Allowed
Types
Cats, Dogs

✨ Features & Details

  • Pet Friendly
  • In unit laundry
  • Patio / balcony
  • Granite counters
  • Recently renovated
  • Stainless steel
  • Fireplace
  • Cats allowed
  • Dogs allowed
  • 1060 sq ft

📊 Property Facts

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

🎓 Nearby Schools

  • East Millbrook Middle · 6-83/10 · 0.5 mi
  • Brooks Elementary · PK-53/10 · 0.6 mi
  • Brentwood Elementary · PK-55/10 · 1.8 mi
  • Casa Esperanza Montessori · PK-85/10 · 1.9 mi
  • Fox Road Elementary · K-56/10 · 2.0 mi
  • Millbrook High · 9-126/10 · 2.0 mi
  • Wilburn Elementary · PK-54/10 · 2.0 mi
  • Millbrook Elementary School · PK-52/10 · 2.0 mi
  • Torchlight Academy · K-77/10 · 2.3 mi
  • River Bend Elementary · PK-55/10 · 2.4 mi

🏡 Floor Plans

  • Apt D

    Availability: available

    $1,255

❓ Frequently Asked Questions

$1,255

per month

Available Now
2 bd
2 ba
1060 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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