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  • The Falls - The Falls

The Falls

4518 Tournament Dr, Raleigh, NC 27612

Floor Plan Summary
Monthly Rent Bedrooms Bathrooms
$942 - $1,798 Studio - 2 1 - 2
View Fees and Policies

Rent Specials

Apply Within 48 Hours Of Your Tour To Receive $500 OFF Your Move-In Costs For Vacant Units OR Waived Application and Reservation Fee For Notice Units! (Exclusions Apply. Valid For 8-13 Lease Terms Only). Contact Us For More Information!

Pricing and Floor Plans

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

Capris Falls

$942 - $1,230
Studio, 1 Bath
337 Sq. Ft.

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4 Rentals Available
Unit
Price
Sq. Ft.
Available
4610-308
$942
337
Now
4600-307
$971
337
Now
4660-302
$990
337
5/31/26

Emerald Falls

$988 - $1,292
1 Bed, 1 Bath
437 Sq. Ft.

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4 Rentals Available
Unit
Price
Sq. Ft.
Available
4600-104
$988
437
Now
4600-105
$1,019
437
Now
4601-304
$1,055
437
5/26/26

Paradise Falls

$1,142 - $1,402
1 Bed, 1 Bath
564 Sq. Ft.

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May. 31
Unit
Price
Sq. Ft.
Available
4530-104
$1,142
564
5/31/26
4630-103
$1,142
564
6/6/26
4510-105
$1,142
564
8/6/26

Sierra Falls

$1,218 - $1,451
2 Beds, 1 Bath
626 Sq. Ft.

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Jul. 11
Unit
Price
Sq. Ft.
Available
4520-101
$1,218
626
7/11/26
4640-108
$1,218
626
7/15/26

Cascade Falls

$1,349 - $1,798
2 Beds, 2 Baths
878 Sq. Ft.

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1 Rental Available
Unit
Price
Sq. Ft.
Available
4510-301
$1,349
878
Now

Oasis Falls

$1,458 - $1,740
2 Beds, 2 Baths
828 Sq. Ft.

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Aug. 10
Unit
Price
Sq. Ft.
Available
4620-101
$1,458
828
8/10/26
* 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

Property Information

  • Built in 1988
  • 396 units / 3 stories

Fees and Policies

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

One-Time Basics

Due at Application

  • Application Fee Per Applicant
    $50
  • Security Deposit - Non-Refundable
    $500

Due at Move-In

  • Administrative Fee
    $200

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

Destination Address
  • Drive Time
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  • Walk Time
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  • Bike Ride Time
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  • Public Transit
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Property Highlights

  • Emulated Stone Surface Countertops
  • Billiards Room
  • Exterior Storage In Select Units
  • Flexible Lease Options
  • Online Resident Portal
  • Vaulted Ceilings in Select Units
  • Ceiling Fans In Select Units
  • Cornhole
  • Dishwasher
  • Espresso Cabinets

Apartment Features

  • Air Conditioning
  • Balcony
  • Carpet
  • Ceiling Fans
  • Dishwasher
  • Disposal
  • Freezer
  • High Ceilings
  • High Speed Internet Access
  • Ice Maker

Community Features

  • 24 Hour Access
  • Business Center
  • Clubhouse
  • Concierge
  • Conference Rooms
  • Dog Park
  • Fitness Center
  • Gated
  • Grill
  • Laundry Facilities

Map of The Falls

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Area Scores

Walkability

Fairly walkable40 / 100

Transit

Limited public transit20 / 100

Driveability

Very drivable80 / 100

Bikeability

Fairly bikeable40 / 100

Scores provided by

Transit

Commuter Rail
14 min Drive
Commuter Rail
16 min Drive
Airport
Raleigh-Durham International
14 min Drive
Raleigh-Durham International

Moving to Crabtree Valley, Raleigh, NC

Shopping Centers

Shoppers will appreciate The Falls proximity to Duraleigh Corners, Haverty Square, and Townridge Shopping Center. Duraleigh Corners is 0.2 miles away, and Haverty Square is within a 7 minute walk.

Parks and Recreation

Recreational activities near The Falls are plentiful. Discover 2 parks within 3.8 miles, including Shelley Lake and William B. Umstead State Park.

Airports

Living in Crabtree Valley provides easy access to Raleigh-Durham International, located just 14 minutes from The Falls.

Local Education

Primary and Secondary Schools

7 rating

Root Elementary

Grades PK-5

Public

7 rating

York Elementary

Grades PK-5

Public

undefined rating

Follow the Child Montessori School

Grades PK-5

Private

6 rating

Oberlin Middle School

Grades 6-8

Public

6 rating

Hilburn Academy

Grades PK-8

Public

9 rating

Leesville Road High

Grades 9-12

Public

7 rating

Needham Broughton High

Grades 9-12

Public

undefined rating

Bonner Academy

Grades K-12

Private

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

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Colleges and Universities

School

Commute Time (Distance)

Meredith College

Drive: 11 min (6.1 mi)

NC State

Drive: 14 min (7.3 mi)

William Peace University

Drive: 15 min (7.8 mi)

NC State, Centennial Campus

Drive: 16 min (8.8 mi)

About The Falls

Featuring studio, one, and two-bedroom apartment homes, The Falls is a pet-friendly community and includes a sparkling swimming pool, fitness center, renovated clubhouse, billiards room, and two tennis courts. The Falls renovated apartment homes with... new cabinets, countertops, faux stainless steel appliances, new vanities, light fixtures, & more! Most renovated units also include washers and dryers. Inside you will find spacious floor plans, lots of natural light, private renovated balconies and patios, and laundry facilities in every building. Convenience and a beautiful setting make The Falls a great place to call home!

The Falls is an apartment community in Raleigh, NC

PRG Real Estate Management, Inc.

Contact

Property Address:
4518 Tournament Dr,
Raleigh, NC 27612
Phone Number: (984) 357-1449
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday8:30 AM - 5:30 PM
  • Tuesday8:30 AM - 5:30 PM
  • Wednesday8:30 AM - 5:30 PM
  • Thursday8:30 AM - 5:30 PM
  • Friday8:30 AM - 5:30 PM
  • Saturday9:00 AM - 4:00 PM

Renter Reviews

For The Falls

4.4

170 Ratings & Reviews

How Is This Rating Determined?

4/7/26

Verified Renter

great place to live, clean, updated and close to everything. questions are answered quickly by the office and maintenance is polite, professional and efficient

Review from Apartments.com

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Property Manager at The Falls responded to this review

Hi there,

Thanks for the feedback! We're thrilled to hear that you're enjoying our community and appreciate your kind words about our team members.

- The Falls Management

3/30/26

Verified Renter

Great place, almost 4 years here. Quiet, well managed.

Review from Apartments.com

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Property Manager at The Falls responded to this review

Hello, Thank you for your kind words and for being a part of our community for almost 4 years! We're thrilled to hear that you find it quiet and well-managed. We appreciate having you as a resident! - The Falls Management

1/4/26

Verified Renter

It really sucks that amenities aren’t open at normal times. Everybody is at work while they are open. It is clear the apartment management is very lazy

Review from Apartments.com

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Property Manager at The Falls responded to this review

Hello, We appreciate your feedback and are sorry to hear about your experience with our amenities' hours. We strive to accommodate the needs of our residents and will take your comments into consideration. Please feel free to reach out to us at... thefalls@prgrealestate.com or 1 252-421-5449 to discuss your concerns further. - The Falls Management

12/28/25

Verified Renter

Hasta el momento se vive bien y un lugar muy tranquilo de apartamento

Review from Apartments.com

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Property Manager at The Falls responded to this review

Hola, ¡Gracias! Nos alegra saber que estás disfrutando de la tranquilidad de nuestra comunidad. Si necesitas algo, no dudes en contactarnos. - The Falls Management

11/20/25

Verified Renter

You get great amenities for the price, the leasing office is excellent with communication and maintenance is on top of any and all apartment issues. These apartments are worth it!

Review from Apartments.com

Was this helpful?

Property Manager at The Falls responded to this review

Hello,

Thank you for your positive feedback! We're thrilled to hear that you're enjoying the amenities and that our team is meeting your expectations.

- The Falls Management

The Falls Gallery

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