Comptroveby RentSpire

Sophisticated apartment living in

425 N Boylan Ave, Raleigh, NC, 27603

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

Asking & effective rent by bedroom

Average asking rent across observed units: $1,768. Average effective rent: $1,768.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$1,563$1,5637359
2 bedroom$2,076$2,0761,1576

HUD Fair Market Rent gap

HUD area: Raleigh-Cary, NC MSA.

FMR comparison not observed for this property.

Amenities

24-Hour Fitness Center and Yoga StudioAdditional on-site Storage Rooms*Amazon Hub Package SystemAT&T Fiber ReadyBarbecue GrillsCalifornia Style Kitchen IslandsCourtyard with Fire PitsCustom Lighting PackageDesigner Kitchen CabinetsDog Run with Agility EquipmentElectric Car Charging StationsElevatorsEnergy Efficient WindowsEnergy Star stainless steel appliancesExposed Concrete Flooring, Walls & CeilingsFitness Studio with Yoga AreaFitness-on-Demand AccessFloor Level Garage AccessFloor-to-Ceiling Windows*Full-sized Washers & DryersGuest SuiteInterior Bicycle StorageLarge walk-in closetsLarry’s Coffee Bar

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 0.06 mi $1,798 81%
Apartments in Downtown Raleigh, NC 0.64 mi $1,688 77%
509 Glenwood Ave Raleigh, NC 0.1 mi $1,863 74%
116 St Marys St Raleigh, NC 0.25 mi $1,856 72%
511 Faye Raleigh, NC 0.93 mi $1,705 71%
Luxury High Rise Apartments in Raleigh, NC 0.93 mi $1,842 71%
Cortland Glenwood South Raleigh, NC 0.35 mi $2,346 69%
Welcome To Our Downtown Raleigh Apartments Raleigh, NC 0.6 mi $2,114 65%

Sources & provenance

Sourced from https://thedevonapts.com/floorplans/ — 11 observation(s), last observed Aug 14, 2026.

Sourced from https://thedevonapts.com/floorplans/a103a/ — 4 observation(s), last observed Aug 7, 2026.

Data age: 3 days. Last observed: Aug 14, 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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