Comptroveby RentSpire

Averelle North Hills

120 Ridgewood Dr, Raleigh, NC, 27609

Market rate 9 units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $985. Average effective rent: $985.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$985$9856241

HUD Fair Market Rent gap

HUD area: Raleigh, NC MSA.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

Managed by Harbor Group Management.

Nearby comparable properties

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

PropertyLocationDistanceAvg askingSimilarity
Aria North Hills Raleigh, NC 0.59 mi $960 79%
589 Lipscomb Ct Raleigh, NC 0.62 mi $1,850 44%
Apartments in North Raleigh Raleigh, NC 2.46 mi $1,381 41%
55+ Senior Living Community in Raleigh Raleigh, NC 2.54 mi $1,965 34%

Sources & provenance

Sourced from https://www.harborgroupmanagement.com/apartments/nc/raleigh/averelle-north-hills — 1 observation(s), last observed Jul 29, 2026.

Data age: 19 days. Last observed: Jul 29, 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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