Comptroveby RentSpire

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2811 Hillsborough St, Raleigh, NC, 27607

Market rate 203 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $899. Average effective rent: $899.

TypeAsking rentEffective rentAvg sqftObservations
2 bedroom$899$899not observed1

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

Managed by TPG Angelo Gordon / Horizon Realty Advisors.

Nearby comparable properties

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

PropertyLocationDistanceAvg askingSimilarity
MAA Hue Retail Raleigh, NC 1.89 mi $1,602 47%
509 Glenwood Ave Raleigh, NC 1.51 mi $1,863 46%
Sophisticated apartment living in Raleigh, NC 1.46 mi $1,768 44%
The Gramercy is a pet Raleigh, NC 1.51 mi $1,798 44%
116 St Marys St Raleigh, NC 1.47 mi $1,856 43%
Cortland Glenwood South Raleigh, NC 1.72 mi $2,346 42%
Apartments in Downtown Raleigh, NC 2.08 mi $1,688 41%
110 S Mcdowell St Raleigh, NC 1.93 mi $785 39%

Sources & provenance

Sourced from https://www.liveonhillsborough.com/ — 1 observation(s), last observed Jul 27, 2026.

Data age: 21 days. Last observed: Jul 27, 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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