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The Falls Apartments

4518 Tournament Dr, Raleigh, NC 27612

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The Falls

4518 Tournament Dr
Raleigh, NC 27612
The Falls in Raleigh, NC - Building Photo
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  • Studio–2 Bedrooms
  • 337–878 Square Feet

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 located in the Crabtree Valley Neighborhood and 27612 Zip code of Raleigh, NC.

Unique Features and Amenities

  • Air Conditioning
  • Balcony/Patio In Select Units
  • Billiards Room
  • Brand New Countertops, Espresso Cabinets
  • Ceiling Fans In Select Units
  • Community Library with Book Exchange
  • Cornhole
  • Dishwasher
  • Emulated Stone Surface Countertops
  • Espresso Cabinets
  • Exterior Storage In Select Units
  • Flexible Lease Options
  • Garbage Disposal
  • Gated Bark Park
  • Hammock Area
  • Online Resident Portal
  • Package Concierge
  • Poolside Gas Grilling Station
  • Private Outdoor Terraces In Select Units
  • Renovated Exterior Siding
  • Vaulted Ceilings in Select Units
  • Washer and Dryer in Select Units

See All Amenities

Property Contact Info

This property currently does not have availability listed on ApartmentHomeLiving.com. Sign up to get notified when it becomes available.Request Availability Alert

Office Hours

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
SaturdayClosed
SundayClosed

Floorplan Pricing and Availability

  • Studio

    Capris Falls

    Studio, 1 Bath, 337 sq ft
    Available Now

    Availability Details

    Availability DateUnitSq FtView Details
    Available Now4520-307337
    July 16, 20264610-301337
    July 29, 20264640-302337
  • 1 Bedroom

    Emerald Falls

    1 Bed, 1 Bath, 437 sq ft
    Available Now

    Availability Details

    Availability DateUnitSq FtView Details
    Available Now4550-104437
    August 15, 20264560-303437
    August 16, 20264520-106437

    Paradise Falls

    1 Bed, 1 Bath, 564 sq ft
    Available Aug 6

    Availability Details

    Availability DateUnitSq FtView Details
    August 6, 20264510-105564
    August 15, 20264620-205564
    August 24, 20264580-303564
  • 2 Bedrooms

    Sierra Falls

    2 Beds, 1 Bath, 626 sq ft
    Available Now
    Cheapest 2 BedroomThis is the cheapest 2 Bedroom at this Property

    Availability Details

    Availability DateUnitSq FtView Details
    Available Now4640-101626
    August 30, 20264520-207626
    October 7, 20264500-207626

    Oasis Falls

    2 Beds, 2 Baths, 828 sq ft
    Available Jul 23

    Availability Details

    Availability DateUnitSq FtView Details
    July 23, 20264630-107828
    August 3, 20264620-108828
    September 2, 20264540-202828

    Cascade Falls

    2 Beds, 2 Baths, 878 sq ft
    Available Sep 7
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    Availability DateUnitSq Ft
    September 7, 20264630-301878
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.

Property Information

  • 396 Units
  • 3 Stories
  • Built in 1988
  • Renovated In 2019

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.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged Per Applicant.$75.00
Security Deposit - Non-Refundablei*Security deposit may range from $500 to one month’s rent. Charged Per Unit.$500.00
Due at Move-In
Administrative FeeiCharged per unit.$200.00

Other Fees and Policies

Pet Fees

Cat
Cat FeeiMax of 2. Charged Per Pet.$300.00
Cat RentiCharged Per Pet.$35.00/mo
Restrictions:

Certain restrictions on upper floors may apply. All pets must be approved by management; PRG reserves the right to approve or deny pet applications.

Comments:

Max of 2. The Nonrefundable pet fee is $300 for the first pet and $200 for the second.

Dog
Dog FeeiMax of 2. Charged Per Pet.$300.00
Pet Fee - Additional PetiMax of 2. Charged Per Resident.$15.00/mo
Dog RentiCharged Per Resident.$35.00/mo
Pet interview, Spayed/Neutered
Restrictions:

Certain restrictions on upper floors may apply. All pets must be approved by management; PRG reserves the right to approve or deny pet applications.

Comments:

Max of 2. The Nonrefundable pet fee is $300 for the first pet and $200 for the second.

Parking Info and Fees

Surface Lot
  • 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

Community Features

  • Corporate Housing

Map

4518 Tournament Dr, Raleigh, NC 27612

Renters Reviews and Ratings

4.5
184 Renters Reviews

Verified Renter

June 30, 2026 - Review from Apartments.com
Staff are great, community is awesome.

Verified Renter

June 30, 2026 - Review from Apartments.com
Excelente comunidad, excelentes servicios

Verified Renter

June 30, 2026 - Review from Apartments.com
Muy buena atención

Property Manager Responded

July 9, 2026
Hola, ¡Gracias! Nos alegra saber que has recibido una muy buena atención de nuestro equipo. Apreciamos tu comentario positivo. - The Falls Management

Verified Renter

June 30, 2026 - Review from Apartments.com
Excelente comunidad

Property Manager Responded

July 9, 2026
Hola, ¡Gracias! Nos alegra saber que estás disfrutando de nuestra comunidad. Si necesitas algo, no dudes en contactarnos. - The Falls Management

Verified Renter

June 30, 2026 - Review from Apartments.com
Excelente servicio y atención

Property Manager Responded

July 9, 2026
Hola, ¡Gracias! Nos alegra saber que estás satisfecho con el servicio y la atención que brindamos. Apreciamos mucho tu comentario positivo. - The Falls Management

Verified Renter

June 30, 2026 - Review from Apartments.com
Buena

Property Manager Responded

July 9, 2026
Hola, Gracias por tu comentario positivo. Nos alegra saber que estás satisfecho con nuestra comunidad. Si tienes más comentarios o sugerencias, no dudes en compartirlos con nosotros. ¡Esperamos seguir brindándote una excelente experiencia! - The Falls Management

Verified Renter

June 30, 2026 - Review from Apartments.com
Excelente comunidad y atención constante ??

Property Manager Responded

July 9, 2026
Hola, ¡Gracias! Nos alegra saber que estás disfrutando de nuestra comunidad y aprecias la atención de nuestro equipo. ¡Esperamos seguir brindándote una excelente experiencia! - The Falls Management

Verified Renter

June 30, 2026 - Review from Apartments.com
I submitted my work order and they completed it!

Property Manager Responded

July 9, 2026
Hello, we're thrilled to hear that your work order was completed to your satisfaction! Our team members strive to provide efficient service to our residents. Thank you for your feedback! - The Falls Management

Verified Renter

June 30, 2026 - Review from Apartments.com
Great nice well maintained property

Property Manager Responded

July 9, 2026
Hello, thank you for your wonderful feedback! We're thrilled to hear that you enjoy our well-maintained community. Your satisfaction is our top priority. - The Falls Management

Verified Renter

June 8, 2026 - Review from Apartments.com
Es una área bonita para vivir una excelente, área pero demasiado ruido ??

Property Manager Responded

June 12, 2026
Hello, gracias por compartir tus pensamientos. Lamentamos que el ruido haya afectado tu experiencia. Nos gustaría ayudarte a mejorar tu estancia. Por favor, contáctanos en thefalls@prgrealestate.com o 1 252-421-5449. - The Falls Management.

Verified Renter

June 3, 2026 - Review from Apartments.com
Convenient Location, Plenty of parking space, Clean and Well maintained premises, Friendly Staff with Good communication.

Property Manager Responded

June 8, 2026
Hello, thank you for sharing your wonderful experience with us! We're thrilled to hear you enjoy the convenient location and appreciate our friendly team. - The Falls Management.

Verified Renter

June 1, 2026 - Review from Apartments.com
I have been here for two years and for the most part my experience living here have been great and I feel that this maintenance request could have been handle differently especially since some of your tenants may or may not have medical issues.

Property Manager Responded

June 3, 2026
Hello, we're happy to hear that you've enjoyed your time here. We appreciate your comments on the maintenance request and will keep them in mind. Thanks for your feedback! - The Falls Management

Nearby Schools

York Elementary

Wake County School District
5201 Brookhaven Drive
Public School - Grades PK-5 (429 Students)
In Attendance Zone5 minute drive / 1.8 miles away
7/10

Needham Broughton High

Wake County School District
723 Saint Marys Street
Public School - Grades 9-12 (2128 Students)
In Attendance Zone12 minute drive / 5.8 miles away
7/10

Oberlin Middle School

Wake County School District
2816 Oberlin Road
Public School - Grades 6-8 (1076 Students)
In Attendance Zone9 minute drive / 4.3 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 The Falls.

Arts Museums and Landmarks

North Carolina Museum of Art

2110 Blue Ridge Rd
7 minute drive / 3.36 miles away

Haywood Hall House and Gardens

211 New Bern Pl. Raleigh, NC 27601
8 minute drive / 3.91 miles away

North Carolina Museum of History

5 East Edenton St
14 minute drive / 6.74 miles away

Big Box and Retail

Target

4841 Grove Barton Rd
2 minute drive / 0.92 miles away

Walgreens

2201 W Millbrook Rd
4 minute drive / 1.61 miles away

Macy's

4325 Glenwood Ave
4 minute drive / 2.02 miles away

Colleges and Universities

Meredith College

3800 Hillsborough St
9 minute drive / 4.42 miles away

North Carolina State University

1017 Main Campus Drive
12 minute drive / 5.78 miles away

William Peace University

15 E Peace St
13 minute drive / 6.35 miles away

Groceries

Lowe's

9600 Strickland Rd
9 minute drive / 4.26 miles away

Lidl

1105 N Harrison Ave
12 minute drive / 5.61 miles away

Wegmans

1200 Wake Towne Dr
12 minute drive / 5.71 miles away

Hospitals

Rex Hospital

4420 Lake Boone Trail
6 minute drive / 3.09 miles away

Duke Health Raleigh Hospital

3400 Wake Forest Rd
11 minute drive / 5.5 miles away

Wakemed Raleigh Campus

3000 New Bern Ave
18 minute drive / 8.48 miles away

Restaurants and Dining

Hhgregg

1830 Walnut St
15 minute drive / 7.22 miles away

Shopping Centers

Haverty Square

6701 Glenwood Ave
1 minute drive / 0.04 miles away

Townridge Shopping Center

6500-6602 Glenwood Ave
1 minute drive / 0.21 miles away

Duraleigh Corners

5800-5900 Duraleigh Rd
1 minute drive / 0.26 miles away

The Falls has 5 shopping centers within 0.7 miles.

Nearby Neighborhoods

Crabtree Valley

Studio to 3 Bedroom Apartments from $965
View Rentals

Brookhaven

Studio to 3 Bedroom Apartments from $906
View Rentals

Westgate Estates

Studio to 5 Bedroom Apartments from $906
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Raleigh Studio Apartments $1,498$915$3,151
Raleigh 1 Bedroom Apartments $1,550$520$6,453
Raleigh 2 Bedroom Apartments $1,859$755$7,441
Raleigh 3 Bedroom Apartments $2,090$599$10,000+
Raleigh 4 Bedroom Apartments $1,851$574$10,000+
Raleigh 5 Bedroom Apartments $2,863$949$5,640

Nearby Apartments

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Viewing: The Falls | Desktop Version | Listing Updated: 07/10/2026

Protect yourself from fraud. Avoid Scams and Fraud

Viewing: The Falls | Desktop Version | Listing Updated: 07/10/2026