Capital Flats & Magnolia Square Apartments

500 E Hargett St, Raleigh, NC 27601

Last Updated: 1 Day Ago
(3)

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Capital Flats & Magnolia Square Apartments
Monthly Rent
$1,129 - $1,159
View Fees and Policies
Bedrooms
1 Bed
Bathrooms
1 Bath
Sq. Ft.
500 - 540 sq ft

Rent Specials

Lease Today & Live the Downtown Raleigh dream life! If you apply within 24 hours of your tour, we’ll waive 1/2 of your Administrative Fee! Don’t wait… your new home and unbeatable savings are calling!

Pricing and Floor Plans

Cost Calculator: Estimate your monthly and one-time fees.

CF 1x1A

$1,129
1 Bed, 1 Bath
500 Sq. Ft.
Show Floor Plan Details
3 Rentals Available
Unit
Price
Sq. Ft.
Available
312CF
$1,129
500
Now
209CF
$1,129
500
Sep. 28
306CF
$1,129
500
Oct. 2

MS 1x1

$1,159
1 Bed, 1 Bath
540 Sq. Ft.
Show Floor Plan Details
3 Rentals Available
Unit
Price
Sq. Ft.
Available
208MS
$1,159
540
Now
303MS
$1,159
540
Now
304MS
$1,159
540
Now

CF 1x1B

$1,129
1 Bed, 1 Bath
500 Sq. Ft.
Show Floor Plan Details
Oct. 17
Unit
Price
Sq. Ft.
Available
100CF
$1,129
500
Oct. 17
* Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice. * Square footage definitions vary. Displayed square footage is approximate.

Details

Lease Term Options

  • 6 - 15 Month Leases

Property Information

  • Built in 1982
  • 85 units3 stories

Fees & Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

One-Time Basics

Due at Application

  • Administration Fee
    $150
  • Application Fee Per Applicant
    $69
  • Application Fee
    $69

Due at Move-In

  • Administrative Fee
    $250

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Matterport 3D Tours

Explore Commute Options

Drive Time
Walk Time
Bike Ride Time
Public Transit

Property Highlights

  • Air Conditioner
  • Bamboo Countertops
  • BBQ & Picnic Area
  • City & Park Views
  • Clubhouse Lounge & Business Center
  • Community Balconies for Fun Socializing
  • Covered Bike Storage
  • Elevator Access
  • Large Bedrooms & Closet Space
  • Laundry Care Center
  • LVP Flooring
  • Newly Renovated Modern Floor Plans
  • Nifty Kitchens with Stainless Steel Appliances
  • Office Space
  • On Trend Fixtures, Lighting & Finishes
  • Outdoor Quad with Firepit and Cornhole
  • Pet Friendly (weight & breed restrictions apply)
  • Resident Coffee Bar
  • Stylish, Fresh Bathrooms
  • Yoga Studio Next Door

Apartment Features

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Carpet
  • Dining Room
  • Dishwasher
  • Disposal
  • Freezer
  • Hardwood Floors
  • Heating

Community Features

  • Bicycle Storage
  • Business Center
  • Clubhouse
  • Courtyard
  • Dog Park
  • Elevator
  • Grill
  • Laundry Facilities
  • Lounge
  • Multi Use Room

Map of Capital Flats & Magnolia Square Apartments

Area Scores

Walkability

Moderately walkable

Transit

Good public transit

Driveability

Moderately drivable

Bikeability

Moderately bikeable

Scores provided by

Soundscore

Active

Scores provided by

Transit

Commuter Rail

4 min Drive

Amtrak

Commuter Rail

19 min Drive

Amtrak

Airport

Raleigh-Durham International

25 min Drive

Raleigh-Durham International

Moving to South Central, Raleigh, NC

Shopping Centers

Shoppers will appreciate Capital Flats & Magnolia Square Apartments proximity to Carlton Place, City Market, and 1103 New Bern Ave. Carlton Place is 0.2 miles away, and City Market is within a 5 minute walk.

Commuting

With a TransitScore of 70, Capital Flats & Magnolia Square Apartments has good public transit, including 4 transit stops within 30.6 miles. Transit options include Raleigh Union Station and Cary.

Parks and Recreation

Recreational activities near Capital Flats & Magnolia Square Apartments are plentiful. Discover 5 parks within 1.4 miles, including Marbles Kids Museum, Centennial Campus Center for Wildlife Education, and Chavis Park.

Airports

Living in South Central provides easy access to Raleigh-Durham International, located just 25 minutes from Capital Flats & Magnolia Square Apartments.

Local Education

Primary and Secondary Schools

GreatSchools rating: 8 out of 10

Hunter Elementary

Grades PK-5

Public

GreatSchools rating: 7 out of 10

Root Elementary

Grades PK-5

Public

GreatSchools rating: 6 out of 10

Moore Square Magnet Middle School

Grades 6-8

Public

Not rated

Sacred Heart Cathedral School

Grades PK-8

Private

GreatSchools rating: 7 out of 10

Needham Broughton High

Grades 9-12

Public

Not rated

Saint Mary's School

Grades 9-12

Private

GreatSchools rating: 10 out of 10

Raleigh Charter High School

Grades 9-12

Public

Data provided by GreatSchools.org © 2026. All rights reserved.

GreatSchools

Colleges and Universities

School Commute Time (Distance)
Shaw University Walk: 14 min (0.8 mi)
Campbell University Walk: 15 min (0.8 mi)
William Peace University Drive: 3 min (1.2 mi)
Wake Technical, Adult Edu Ctr Drive: 7 min (2.8 mi)

About Capital Flats & Magnolia Square Apartments

Discover the perfect blend of comfort, style, and urban living at Capital Flats & Magnolia Square. Our luxury Raleigh apartments offer a sophisticated lifestyle in vibrant Downtown Raleigh. Enjoy superior amenities, resort-style services, and modern city living with a tranquil touch. Choose from curated one-bedroom apartments featuring hardwood floors, stainless steel appliances, and dishwashers—designed to elevate your everyday life. We're pet-friendly, so your furry friends can join in the fun! Browse our gallery, schedule a visit, and make Capital Flats & Magnolia Square your new luxury home today!

Capital Flats & Magnolia Square Apartments is an apartment community in Raleigh, NC

Contact

Property Address:
500 E Hargett St,
Raleigh, NC 27601
Phone Number: (984) 208-2553
More Information:
View Property Website
Office Hours
  • Sunday Closed
  • Monday 10:00 AM – 5:00 PM
  • Tuesday 10:00 AM – 5:00 PM
  • Wednesday 10:00 AM – 5:00 PM
  • Thursday 10:00 AM – 5:00 PM
  • Friday 10:00 AM – 5:00 PM
  • Saturday Closed
Capital Flats & Magnolia Square Apartments

Renter Reviews

For Capital Flats & Magnolia Square Apartments

2.3

3 Ratings & Reviews

  • 5/2/25

    Office Manager is an Angel!

    I can’t say enough good things about Angel, our apartment manager at Capitol Flats! She is warm, knowledgeable, and extremely professional — truly living up to her name. Angel has been a joy to work with from the start, and her leadership and care for both the property and the residents are clear in everything she does.
    Honestly, Angel is one of the biggest reasons I continue to call Capitol Flats home for 4+ years. She creates a welcoming environment not just through her own actions, but
    through the great team she leads. If you’re looking for a reasonably priced apartment in the downtown area, I highly recommend you take a serious look at Capitol Flats. Thanks to Angel, it’s not just a place to live — it’s a place you can really feel at home. Freeman

    Review from Apartments.com

    3 People Found This Helpful

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Contact this Property

(984) 208-2553
Tour Options: In-Person

Languages: English

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