Comptroveby RentSpire

Cortland Glenwood South

417 W Peace St, Raleigh, NC

unknown not observed units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $2,346. Average effective rent: $2,346.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,547$1,5476156
1 bedroom$2,114$2,11489620
2 bedroom$2,436$2,4361,1766
3 bedroom$3,616$3,6161,8857

HUD Fair Market Rent gap

HUD area: Raleigh-Cary, NC MSA.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
The Gramercy is a pet Raleigh, NC 0.34 mi $1,798 74%
509 Glenwood Ave Raleigh, NC 0.25 mi $1,863 74%
116 St Marys St Raleigh, NC 0.56 mi $1,856 71%
Welcome To Our Downtown Raleigh Apartments Raleigh, NC 0.26 mi $2,114 70%
Sophisticated apartment living in Raleigh, NC 0.35 mi $1,768 70%
Apartment Complexes in Raleigh Raleigh, NC 0.31 mi $2,331 69%
121 Kindley St Raleigh, NC 1.29 mi $2,112 68%
Apartments in Downtown Raleigh, NC 0.39 mi $1,688 67%

Sources & provenance

Sourced from https://cortland.com/apartments/cortland-glenwood-south/floorplans/b10/ — 3 observation(s), last observed Jul 31, 2026.

Sourced from https://cortland.com/apartments/cortland-glenwood-south/ — 36 observation(s), last observed Jul 30, 2026.

Data age: 18 days. Last observed: Jul 31, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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