Capital Flats & Magnolia Square Apartments

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500 E Hargett St, Raleigh, NC 27601
(984) 733-1041
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Capital Flats & Magnolia Square Apartments

500 E Hargett St
Raleigh, NC 27601
(984) 733-1041
Capital Flats & Magnolia Square Apartments in Raleigh, NC - Building Photo
  • 1 Bedroom Bedrooms
  • $949-$1,305Pricing
  • 500–540Square Feet

Rent Specials

Move in by 10/31, and get October rent FREE!

Ask Us About Our Specials

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 dishwashersdesigned to elevate your everyday life. Were 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 located in the South Central Neighborhood and 27601 Zip code of Raleigh, NC. This community is professionally managed by New Urban Residential

Unique Features and Amenities

  • Bamboo Countertops
  • BBQ & Picnic Area
  • City & Park Views
  • Clubhouse Movie Lounge & Business Center
  • Community Balconies for Fun Socializing
  • Community Library with Reading Nook
  • 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
  • On Trend Fixtures, Lighting & Finishes
  • Outdoor Quad with Firepit and Cornhole
  • Pet Friendly (weight & breed restrictions apply)
  • Resident Coffee Bar
  • Stylish, Fresh Bathrooms
  • WasherDryer Hookups
  • Yoga Studio Next Door

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Capital Flats & Magnolia Square Apartments offers 1 Bedroom apartments starting from $949 and having 500–540 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      CF 1x1A

      From $949

      1 Bed, 1 Bath, 500 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      $949Available Now308CF500
      $949Available Now214CF500
      $949Available Now218CF500

      Model Amenities and Features

      Features

      • Air Conditioning
      • Balcony
      • Heating

      Kitchen

      • Dishwasher
      • Disposal
      • Freezer
      • Kitchen
      • Oven
      • Range
      • Refrigerator
      • Stainless Steel Appliances

      Model Rent and Fees

      Model Price Range

      • $949 - $1,158

      Current Available Pricing

      • $949

      Unit 308CF Rent and Fees

      Unit Price

      • $949

      Model Rent and Fees

      Model Price Range

      • $949 - $1,158

      Unit 214CF Rent and Fees

      Unit Price

      • $949

      Model Rent and Fees

      Model Price Range

      • $949 - $1,158

      Unit 218CF Rent and Fees

      Unit Price

      • $949

      Model Rent and Fees

      Model Price Range

      • $949 - $1,158

      MS 1x1

      From $1,099

      1 Bed, 1 Bath, 540 sq ft
      Available Dec 5

      Availability Details

      PriceAvailability DateUnitSq Ft
      $1,099 December 5, 2025207MS540

      Model Amenities and Features

      Features

      • Air Conditioning
      • Balcony
      • Heating

      Kitchen

      • Dishwasher
      • Disposal
      • Freezer
      • Kitchen
      • Oven
      • Range
      • Refrigerator
      • Stainless Steel Appliances

      Unit 207MS Rent and Fees

      Unit Price

      • $1,099

      Model Rent and Fees

      Model Price Range

      • $1,099 - $1,305
    Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

    Schedule a Tour

    Schedule a Tour
    Call us at: (984) 733-1041 to schedule a tour.

    Videos

    Matterport 3D Tours

    Property Information

    Lease Terms

    • 6 - 15 mo

    Fees and Policies

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

    Required Fees

    One-Time Move-In Fees

    Due at Move-In
    Administrative Fee$250
    Due at Application
    Application Fee Per Applicant$69

    Other Fees

    Pet Fees

    Cat

    Cat Fee$350
    Cat Rent$30/mo

    Dog

    Dog Fee$350
    Dog Rent$30/mo

    Dogs

    • 2 Pet Limit
    Restrictions:

    Fees and restrictions apply. | Restrictions: No Breed Restrictions

    Cats

    • 2 Pet Limit
    Restrictions:

    Fees and restrictions apply. | Restrictions: No Breed Restrictions

    Parking Fees

    Parking

    Parking Fee$50/mo

    Additional Parking Options

    Other

    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.

    Features and Amenities

    On-Site Services

    • Planned Social Activities
    • Property Manager On Site
    • Pet Play Area
    • Laundry Facilities

    Community Features

    • Business Center
    • Clubhouse
    • Corporate Housing
    • Lounge
    • Multi Use Room
    • Elevator

    Outdoor Features

    • Grill
    • Picnic Area
    • Courtyard

    Recreation and Fitness

    • Bicycle Storage

    Interior Features

    • Balcony
    • Heating
    • Air Conditioning

    Kitchen Amenities

    • Dishwasher
    • Oven
    • Range
    • Refrigerator
    • Disposal
    • Freezer
    • Stainless Steel Appliances
    • Kitchen

    Living Area Features

    • Carpet
    • Vinyl Flooring
    • Dining Room
    • Hardwood Floors
    Google Map

    Map

    500 E Hargett St, Raleigh, NC 27601

    Hours and Contact Info

    Call Us - Open Now!
    Currently Closed
    By Appointment
    Monday10:00 am–5:00 pm
    Tuesday10:00 am–5:00 pm
    Wednesday10:00 am–5:00 pm
    Thursday10:00 am–5:00 pm
    Friday10:00 am–5:00 pm
    SaturdayClosed
    SundayClosed

    Getting Around

    Walk Score®

    94 / 100

    Walker’s Paradise

    Daily errands do not require a car

    Bike Score®

    87 / 100

    Very Bikeable

    Biking is convenient for most trips

    Transit Score®

    74 / 100

    Excellent Transit

    Transit is convenient for most trips

    Frequently Asked Questions about Capital Flats & Magnolia Square Apartments

    Where is Capital Flats & Magnolia Square Apartments located?

    Capital Flats & Magnolia Square Apartments is located at 500 E Hargett St near the South Central area of Raleigh, NC

    What is the current rent range at Capital Flats & Magnolia Square Apartments?

    1 Bedrooms at Capital Flats & Magnolia Square Apartments currently start from $949. Call today for more info!

    When is the leasing office open?

    • The office Hours for Capital Flats & Magnolia Square Apartments are
    • 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
    • Sunday Closed

    Are pets allowed?

    Call us today to find out our pet policy and if we allow pets

    Are there any rent specials?

    The current rent special at Capital Flats & Magnolia Square Apartments is: Move in by 10/31, and get October rent FREE!.

    Lifestyle Ratings

    • Affordability Good Value3.6

      The Capital Flats & Magnolia Square Apartments Apartments are 50.7% cheaper than the average apartment in the South Central area, and 37.3% cheaper than the average apartment city-wide.

      Rent Comparison to the South Central Neighborhood

      FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
      1 Bedroom$949$1,925-$976-50.7%

      Rent Comparison to the city of Raleigh

      FloorplanLowest Price HereCity Average RentCost Difference%
      1 Bedroom$949$1,514-$565-37.3%

      Methodology: On 11/02/2025, ApartmentHomeLiving.com compared current rents by floorplan to 124 other apartment communities in the immediate area around Capital Flats & Magnolia Square Apartments (South Central), and 716 other apartment communities in Raleigh using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

      Rent Pricing Data as of 11/02/2025

    • Pet Friendly 3.2

      Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

      Rating Factors

      This 3.2-star Pet Friendly rating is based on the following features:

      • Hardwood Floors
      • Pet Play Area
      • Elevator(s)
      • Balconies
      • Courtyard
      • Heating
      • Air Conditioning
    • Transit Friendly 3.2

      Transit Friendly apartments feature a fantastic location and great access to local mass transit.

    Learn more about Lifestyle Search

    Renters Reviews and Ratings

    3.0
    3 Renters Reviews
    ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

    Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
    • Office Manager is an Angel!

      April 28, 2025
      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
      Read More
      Review from Apartments.com
    • Awful and huge waste of money

      November 12, 2024
      I lived here for a year and management is terrible. They don't care about their tenants, are never available and problems will stay for longer than they need to. Their 24 hr maintenance is a lie as no one will help you and if they do, they make it clear you are the problem and cuss you out. Overall, I'd recommend paying a little bit more for a nicer and safer place. Also, they don't have dishwashers in the apartments.
      Review from Apartments.com
    • Terrible Apartment - Look Elsewhere

      June 4, 2021
      Management is constantly changing, and is the least responsive management company. Never answer phone calls, rarely respond to emails, and never actually go to the office. Building is poorly maintained and my unit had clearly not been cleaned professionally when I moved in. Walls are thin, building is loud and security locks don't work. Do not live here unless it is your absolute last option.
      Review from Apartments.com

    Nearby Schools

    Moore Square Museum Magnet Mid

    Wake County
    301 South Person Street
    Public School - Grades 6-8 (585 Students)
    In Attendance Zone1 minute drive / 0.2 miles away
    6/10

    Needham Broughton High

    Wake County
    723 Saint Marys Street
    Public School - Grades 9-12 (2128 Students)
    In Attendance Zone4 minute drive / 1.4 miles away
    8/10

    Root Elementary

    Wake County
    3202 Northampton Street
    Public School - Grades PK-5 (472 Students)
    In Attendance Zone7 minute drive / 3.4 miles away
    6/10
    School data provided by GreatSchools.
    details
    The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

    About GreatSchools Data on ApartmentHomeLiving.com.

    Points of Interest

    Time and distance from Capital Flats & Magnolia Square Apartments.

    Arts Museums and Landmarks

    North Carolina Museum of Natural Science

    11 West Jones St.
    1 minute drive / 0.48 miles away

    North Carolina Museum of History

    5 East Edenton St
    1 minute drive / 0.51 miles away

    Legends of Harley Drag Racing Museum

    1126 S. Saunders St.
    4 minute drive / 1.47 miles away

    Big Box and Retail

    Walgreens

    3101 New Bern Ave
    5 minute drive / 2.42 miles away

    Costco

    2838 Wake Forest Rd
    5 minute drive / 2.68 miles away

    Autozone

    3524 Capital Blvd
    9 minute drive / 4.21 miles away

    Colleges and Universities

    William Peace University

    15 E Peace St
    2 minute drive / 0.77 miles away

    Shaw University

    118 East South Street
    2 minute drive / 0.79 miles away

    Wake Technical Community College - Adult Education Center

    1920 Capital Boulevard
    5 minute drive / 1.94 miles away

    Groceries

    Food Lion

    1100 N Raleigh Rd
    4 minute drive / 1.44 miles away

    Wegmans

    1200 Wake Towne Dr
    6 minute drive / 2.9 miles away

    Lidl

    4115 Buffaloe Rd
    10 minute drive / 5.01 miles away

    Hospitals

    Wakemed Raleigh Campus

    3000 New Bern Ave
    4 minute drive / 2.33 miles away

    Holly Hill Mental Health Services

    3019 Falstaff Rd
    5 minute drive / 2.59 miles away

    Duke Health Raleigh Hospital

    3400 Wake Forest Rd
    7 minute drive / 3.44 miles away

    Shopping Centers

    City Market

    303 Blake St
    1 minute drive / 0.4 miles away

    Ral-Lee Shopping Center

    Hwys 401
    1 minute drive / 0.66 miles away

    Person Street Plaza

    Person St
    2 minute drive / 0.77 miles away

    Capital Flats & Magnolia Square Apartments has 5 shopping centers within 0.9 miles.

    Nearby Neighborhoods

    Studio to 5 Bedroom Apartments from $625
    View Rentals
    Studio to 3 Bedroom Apartments from $873
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    Studio to 3 Bedroom Apartments from $873
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    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Raleigh Studio Apartments $1,447$853$2,950
    Raleigh 1 Bedroom Apartments $1,514$450$6,417
    Raleigh 2 Bedroom Apartments $1,846$800$8,071
    Raleigh 3 Bedroom Apartments $2,043$649$8,381
    Raleigh 4 Bedroom Apartments $1,624$780$5,315
    Raleigh 5 Bedroom Apartments $2,854$939$6,800

    Browse Top Apartments in Raleigh

    Viewing: Capital Flats & Magnolia Square Apartments | Desktop Version | Listing Updated: 10/31/2025 | AHLDIA