55 Photos4 Floorplans7 3D Tours1 Videos
- 1 Bedroom Bedrooms
- $1,175-$1,473 Pricing
- 500–540 Square Feet
Rent Specials
Lease Today & Live the Downtown Raleigh dream life! If you apply within 24 hours of your tour, we’ll waive half of your $150 Administrative Fee! Don’t wait… your new home and unbeatable savings are calling!
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 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
- Air Conditioner
- 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
- 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
Property Contact Info
- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (984) 733-1041
- Disclaimer:
Office Hours
| 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 |
Floorplan Pricing and Availability
Capital Flats & Magnolia Square Apartments offers 1 Bedroom apartments starting from $1,175 and having 500–540 sq ft. Here is the current pricing and availability:
Cost CalculatorEstimate your monthly and one-time fees
New! Interactive Property Map
ApartmentHomeLiving.com's new Interactive Property Map allows you to see where every available unit is located at this community.Try It Now >1 Bedroom
CF 1x1A
From $1,175
1 Bed, 1 Bath, 500 sq ftAvailable Aug 14Model Gallery
Floorplans
3D Tours
Availability Details
Price Availability Date Unit Sq Ft View Details $1,175 August 14, 2026 306CF 500 $1,175 September 4, 2026 304CF 500 $1,175 September 4, 2026 312CF 500 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
Kitchen
- Dishwasher
- Disposal
- Freezer
- Kitchen
- Oven
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $1,175 - $1,444
Current Available Pricing
- $1,175
Unit 306CF Rent and Fees
Unit Price
- $1,175
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,175 - $1,444
Unit 304CF Rent and Fees
Unit Price
- $1,175
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,175 - $1,444
Unit 312CF Rent and Fees
Unit Price
- $1,175
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,175 - $1,444
Apartment Model: CF 1x1AFrom $1,1751 Bedroom, 1 Bath, 500 sq ftAvailable August 14, 2026Floorplans3D Tours![]()
CF 1x1A - Floorplan 1 ![]()
CF 1x1A - Floorplan 2 CF 1x1A - 3D Tour Apartment Unit: 306CFApartment Model: CF 1x1A$1,1751 Bedroom, 1 Bath, 500 sq ftAvailable August 14, 2026Apartment Unit: 304CFApartment Model: CF 1x1A$1,1751 Bedroom, 1 Bath, 500 sq ftAvailable September 4, 2026Apartment Unit: 312CFApartment Model: CF 1x1A$1,1751 Bedroom, 1 Bath, 500 sq ftAvailable September 4, 2026MS 1x1
From $1,199
1 Bed, 1 Bath, 540 sq ftAvailable Sep 2Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft View Details $1,199 September 2, 2026 208MS 540 $1,199 September 4, 2026 303MS 540 $1,199 September 4, 2026 308MS 540 Model Amenities and Features
Features
- Air Conditioning
- Balcony
- Cable Ready
- Heating
Kitchen
- Dishwasher
- Disposal
- Freezer
- Kitchen
- Oven
- Range
- Refrigerator
- Stainless Steel Appliances
Model Rent and Fees
Model Price Range
- $1,199 - $1,473
Current Available Pricing
- $1,199
Unit 208MS Rent and Fees
Unit Price
- $1,199
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,199 - $1,473
Unit 303MS Rent and Fees
Unit Price
- $1,199
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,199 - $1,473
Unit 308MS Rent and Fees
Unit Price
- $1,199
View Details and Rent EstimateModel Rent and Fees
Model Price Range
- $1,199 - $1,473
Apartment Model: MS 1x1From $1,1991 Bedroom, 1 Bath, 540 sq ftAvailable September 2, 2026![]()
MS 1x1 - Floorplan 1 ![]()
MS 1x1 - Floorplan 2 Apartment Unit: 208MSApartment Model: MS 1x1$1,1991 Bedroom, 1 Bath, 540 sq ftAvailable September 2, 2026Apartment Unit: 303MSApartment Model: MS 1x1$1,1991 Bedroom, 1 Bath, 540 sq ftAvailable September 4, 2026Apartment Unit: 308MSApartment Model: MS 1x1$1,1991 Bedroom, 1 Bath, 540 sq ftAvailable September 4, 2026
Price shown is base rent. 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.
Schedule a Tour
Call us at: (984) 733-1041 to schedule a tour.
Videos
Capital Flats & Magnolia Square Apartments , Raleigh, NC - video 1
Property Video Tour 1
3D Tours
1BD,1BA-500-SF
1BD,1BA-540-SF
Lobby
Clubroom
1BR, 1BA - 500SF
Media room
1BR, 1BA - 500 SF
Property Information
- Renovated In Jan 2020
- 85 Units
- 3 Stories
- Built in 1982
Lease Terms
- 6 - 15 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$69.00
- Application FeeiApplication Fee Charged Per Applicant.$69.00
- Administration FeeiAdministration Fee Charged per unit.$150.00
- Due at Move-In
- Administrative FeeiCharged per unit.$250.00
Other Fees and Policies
Pet Fees
- Cat
- Cat FeeiMax of 2. Charged Per Pet.$350.00
- Cat RentiCharged Per Pet.$30.00/mo
- Dog
- Dog FeeiMax of 2. Charged Per Pet.$350.00
- Dog RentiCharged Per Pet.$30.00/mo
Restrictions:
No Breed Restrictions
Restrictions:
No Breed Restrictions
Comments:
Max of 2. Fees and restrictions apply.
Parking Info and Fees
- Parking
- 1 Max
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
- Cable Ready
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Oven
- Range
- Refrigerator
- Disposal
- Freezer
- Stainless Steel Appliances
- Kitchen
Living Area Features
- Carpet
- Office
- Vinyl Flooring
- Dining Room
- Hardwood Floors
Map
500 E Hargett St, Raleigh, NC 27601
- Shopping
- Colleges
- Grocery
- Medical
Map
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 $1,175. 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: Lease Today & Live the Downtown Raleigh dream life! If you apply within 24 hours of your tour, we’ll waive half of your $150 Administrative Fee! Don’t wait… your new home and unbeatable savings are calling!.
Renters Reviews and Ratings
Office Manager is an Angel!
April 28, 2025 - Review from Apartments.com
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
Awful and huge waste of money
November 12, 2024 - Review from Apartments.com
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.
Terrible Apartment - Look Elsewhere
June 4, 2021 - Review from Apartments.com
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.
Nearby Schools
Moore Square Museum Magnet Mid
Wake County School District
301 South Person Street
Public School - Grades 6-8 (585 Students)
In Attendance Zone1 minute drive / 0.2 miles away
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.
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Capital Flats & Magnolia Square Apartments.
Arts Museums and Landmarks
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
Campbell University - Raleigh Campus - Norman Adrian Wiggins School of Law
225 Hillsborough St
2 minute drive / 0.72 miles away
Groceries
Wegmans
1200 Wake Towne Dr
6 minute drive / 2.9 miles away
Food Lion
3415 Avent Ferry Rd
8 minute drive / 3.88 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
Restaurants and Dining
Shopping Centers
Capital Flats & Magnolia Square Apartments has 5 shopping centers within 0.9 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh Studio Apartments | $1,504 | $915 | $3,151 |
| Raleigh 1 Bedroom Apartments | $1,551 | $520 | $6,453 |
| Raleigh 2 Bedroom Apartments | $1,861 | $755 | $8,366 |
| Raleigh 3 Bedroom Apartments | $2,086 | $599 | $10,000+ |
| Raleigh 4 Bedroom Apartments | $1,844 | $574 | $10,000+ |
| Raleigh 5 Bedroom Apartments | $2,862 | $949 | $5,606 |
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Viewing: Capital Flats & Magnolia Square Apartments | Desktop Version | Listing Updated: 07/12/2026 | AHLPLA
Max of 2. Fees and restrictions apply.