Comptroveby RentSpire

Apartments in Downtown

510 N. Wilmington St, Raleigh, NC, 27604

Market rate 150 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $1,688. Average effective rent: $1,688.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,273$1,2735351
1 bedroom$1,466$1,4667404
2 bedroom$1,949$1,9491,0985

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
Sophisticated apartment living in Raleigh, NC 0.64 mi $1,768 77%
Luxury High Rise Apartments in Raleigh, NC 0.68 mi $1,842 76%
511 Faye Raleigh, NC 0.8 mi $1,705 75%
The Gramercy is a pet Raleigh, NC 0.59 mi $1,798 72%
116 St Marys St Raleigh, NC 0.74 mi $1,856 71%
509 Glenwood Ave Raleigh, NC 0.57 mi $1,863 70%
Cortland Glenwood South Raleigh, NC 0.39 mi $2,346 65%
Apartment Complexes in Raleigh Raleigh, NC 0.2 mi $2,331 65%

Sources & provenance

Sourced from https://liveelancitycenter.com/floorplans/ — 10 observation(s), last observed Aug 6, 2026.

Data age: 11 days. Last observed: Aug 6, 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.

Open the interactive comp report →