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Updated 4 hours ago

The L Apartments


205 W Davie St Raleigh, NC

Studio - 2 Bed
1 - 2 Bath

508 - 1,100 Sq. Ft.

Available Now
Deal

Sign by March 31 for 2 MONTHS FREE + FREE PARKING. Ask us about Look & Lease app fee credits available through April 15!

*Application fee is paid at the time of application and will be credited back at move-in.

Studio • 1 Bath
$1,250
508 ft2
4 Available
Unit 416
$1,250
Available Now
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Unit 316
$1,250
Available Now
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Unit 709
$1,250
Available Apr 23rd, 2026
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Unit 704
$1,250
Available May 1st, 2026
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View Rented Units
Studio • 1 Bath
$1,200
525 ft2
2 Available
Unit 702
$1,200
Available Now
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Unit 602
$1,200
Available Now
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1 Bed • 1 Bath
$1,400
710 ft2
6 Available
Unit 615
$1,400
Available Now
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Unit 503
$1,400
Available Now
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Unit 608
$1,400
Available Now
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Unit 408
$1,400
Available Apr 27th, 2026
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Unit 315
$1,400
Available May 3rd, 2026
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Unit 515
$1,400
Available May 11th, 2026
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View Rented Units
1 Bed • 1 Bath
$1,680
780 ft2
1 Available
Unit 401
$1,680
Available Now
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View Rented Units
1 Bed • 1 Bath
$1,650
750 ft2
1 Available
Unit 405
$1,650
Available Now
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2 Beds • 2 Bath
$1,975
1100 ft2
3 Available
Unit 406
$1,975
Available Now
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Unit 310
$1,975
Available Now
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Unit 606
$1,975
Available Apr 7th, 2026
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2 Beds • 2 Bath
$1,740
1025 ft2
2 Available
Unit 419
$1,740
Available Now
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Unit 319
$1,740
Available Now
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Where you'll live
Street View
Map View
Satellite View
Amenities
In-unit Laundry
Air Conditioning
Fitness Center
Storage
Disability Access
Refrigerator
Controlled Access
Hardwood Floors
High / Vaulted Ceiling
Online Community Portal
Online Payments
Roof Top Access
Roof Top Patio
Heat: Forced Air
Central A / C
Cable-ready
High-speed Internet
24-hour Maintenance
Secured Entry
Range / Oven
Freezer
Dishwasher
Cable Ready
Dog Park
Clubhouse
Package Receiving
Gated Entry
Elevator
Tile Floor
Microwave
Fees & leasing info
Pets
Pet Park
Pet Friendly Community
Parking
Off-street Parking
Lease & Fees
Lease Length:

None

Security Deposit: $300.00
Property details
Description

Welcome to The L Apartments, where modern living meets the vibrant pulse of downtown Raleigh. Perfectly positioned, The L offers upscale comfort, sleek design, and unmatched convenience—all just steps from the city’s best dining, shopping, nightlife, and cultural experiences.Where Downtown Living Comes to Life | Downtown Raleigh Luxury Apartment LivingAt The L Apartments, you’re not just choosing a home—you’re embracing a lifestyle enriched by connection, culture, and convenience. Discover a place where comfort meets creativity and where every moment feels inspired.We offers amenities that keep you connected, comfortable, and inspired. From inviting community spaces to stylish outdoor areas and convenient on-site services, life here is designed to be effortless.Fitness CenterDog ParkRooftop Terrace9 Ft CeilingsAll-electric KitchenAnd Much More. We look forward to you loving the L, as much as we do, and calling The L home.

Additional Details
Total Unit Count: 91
Last Updated: Updated 4 hours ago
Contact Number: (919) 439-1306
Property manager information
Cushman & Wakefield
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Office Hours
Monday: 9:00 AM - 5:00 PM
Monday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Tuesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Wednesday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Thursday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
Friday: 9:00 AM - 5:00 PM
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The L Apartments by bedroom type below.
Studio
Suggested income:
$44,400
per year
1 Bedroom
Suggested income:
$52,800
per year
2 Bedroom
Suggested income:
$67,700
per year
Rent report

The L Apartments Rent vs. Raleigh Average

 The L Apartments      Raleigh Average
Studio
$1,233
$1,552
$0
$550
$1,100
$1,650
$2,200
1BR
$1,466
$1,354
$0
$500
$1,000
$1,500
$2,000
2BR
$1,881
$1,837
$0
$650
$1,300
$1,950
$2,600

The L Apartments is asking 21% less than the average studio apartment in Raleigh.

If you upsized to an average priced Raleigh 1 bedroom apartment, you would pay 15% less per month.

The L Apartments provides 14% less square footage than the average Raleigh studio apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The L Apartments
Studio $1,233 $2.40 $3,700
1BR $1,466 $2.00 $4,399
2BR $1,881 $1.80 $5,643
Raleigh Average
Studio $1,552 $2.60 $4,656
1BR $1,354 $1.80 $4,062
2BR $1,837 $1.70 $5,512
3BR $2,026 $1.40 $6,078
4BR $2,138 $1.10 $6,414

Availability in Raleigh

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,476 1BR units on the market in Raleigh. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 42% 35% 12% 3%
Available Units in Raleigh
Studio 235
1BR 1,476
2BR 1,248
3BR 440
4BR 119
Location
Nearby Colleges
Nearby Hospitals
Name Distance
Wakemed 3.13 mi.
Holly Hill Hospital 3.33 mi.
Unc Hospitals At Wakebrook 3.44 mi.
Nearby Fire Stations
Name Distance
Raleigh Fire Department 0.15 mi.
Western Wake Fire Rescue 1.39 mi.
Raleigh Durham Airport Fire Rescue 1.39 mi.
FAQs
Is this property currently leasing units?
Yes. There are 19 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 19 units available for move-in over the next 2 months. 13 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 508 to 1,100 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,200 to $1,975. The L Apartments has studio units available starting at $1,200, 1 bedroom units available starting at $1,400, and 2 bedroom units available starting at $1,740.
Where is this property located?
This property is at 205 W Davie St in Raleigh, NC. It's 0.4 miles southwest from the center of Raleigh.
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