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  • The Falls - The Falls

The Falls

4518 Tournament Dr, Raleigh, NC 27612

(167)
Floor Plan Summary
Monthly Rent Bedrooms Bathrooms
$988 - $1,661 Studio - 2 1 - 2

Rent Specials

Apply To A Emerald Floor Plan By March 24, 2026, To Receive One Month Free! Receive An Additional Half Month Off If You Apply Within 24 Hours Of Your Tour! (Exclusions Apply. Valid For 8-13 Month Lease Terms Only On The Emerald Floor Plan). Contact Us For More Information!

Pricing and Floor Plans

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

Capris Falls

$1,008 - $1,274
Studio, 1 Bath
337 Sq. Ft.

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Mar. 27
Unit
Price
Sq. Ft.
Available
4610-308
$1,008
337
3/27/26
4550-201
$1,012
337
4/25/26
4660-302
$1,038
337
5/31/26

Emerald Falls

$988 - $1,284
1 Bed, 1 Bath
437 Sq. Ft.

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4 Rentals Available
Unit
Price
Sq. Ft.
Available
4610-105
$1,028
437
Now
4520-105
$1,028
437
Now
4600-304
$1,013
437
Now

Paradise Falls

$1,072 - $1,365
1 Bed, 1 Bath
564 Sq. Ft.

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4 Rentals Available
Unit
Price
Sq. Ft.
Available
4620-304
$1,097
564
Now
4630-305
$1,097
564
Now
4530-105
$1,112
564
Now

Sierra Falls

$1,144 - $1,467
2 Beds, 1 Bath
626 Sq. Ft.

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4 Rentals Available
Unit
Price
Sq. Ft.
Available
4640-201
$1,144
626
Now
4500-202
$1,178
626
4/5/26
4560-108
$1,204
626
4/5/26

Cascade Falls

$1,309 - $1,661
2 Beds, 2 Baths
878 Sq. Ft.

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4 Rentals Available
Unit
Price
Sq. Ft.
Available
4540-307
$1,372
878
Now
4570-301
$1,309
878
Now
4540-302
$1,372
878
Now

Oasis Falls

$1,337 - $1,586
2 Beds, 2 Baths
828 Sq. Ft.

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Aug. 10
Unit
Price
Sq. Ft.
Available
4620-101
$1,337
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
    --
  • Bike Ride Time
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  • Public Transit
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Property Highlights

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

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

3 rating

Pleasant Grove Elementary

Grades PK-5

Public

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

undefined rating

Montessori School Of Raleigh

Grades PK-12

Private

Data provided by GreatSchools.org 2024 © 2024. 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

167 Ratings & Reviews

How Is This Rating Determined?

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

Was this helpful?

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

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

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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

10/14/25

Verified Renter

I find it very clean, always courteous and friendly. It is very quiet and neighbors seem nice

Review from Apartments.com

Was this helpful?

Property Manager at The Falls responded to this review

Hello, Thank you for the kind words! We take pride in providing a clean and friendly environment and we strive to create a peaceful and welcoming community for everyone! We appreciate your feedback! - The Falls Management

10/10/25

Verified Renter

My experience at The Falls has been wonderful. The complex is quiet and well kept. The neighbors are friendly and respectful. Maintenance problems I’ve had are resolved promptly. I have nothing but good things to say about The Falls.

Review from Apartments.com

Was this helpful?

Property Manager at The Falls responded to this review

Hello, We are thrilled to hear about your positive experience at The Falls! Our team works hard to create a quiet and well-maintained complex for our residents. We appreciate your kind words and look forward to continuing to provide prompt... maintenance solutions for you. Thank you for your support! - The Falls Management

10/6/25

Verified Renter

The property managers attitude is bad. Bad energy, nasty attitude and very unwelcoming. I work in property management as well, no way this is acceptable on a moral scale.

Review from Apartments.com

Was this helpful?

Property Manager at The Falls responded to this review

Hello, Thank you for the candid review. We are sorry to hear you're frustrated with the level of service you've received during your time. We will take this feedback as an opportunity to learn and improve. If you would like to address this matter... further, please contact the office directly. - The Falls Management

The Falls Gallery

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