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North Carolina Wake County Raleigh South Central Capital Flats & Magnolia Square Apartments

Capital Flats & Magnolia Square Apartments

500 E Hargett St, Raleigh, NC 27601

3.0 (3 reviews)

Property Rating

3.0
Good
Out of 5

3.0 Blended Score

See all 3 Renter Reviews

How Is This Rating Determined?

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  • Monthly Rent

    $1,130 - $1,188

  • Bedrooms

    1 bd

  • Bathrooms

    1 ba

  • Square Feet

    500 - 540 sq ft

Capital Flats & Magnolia Square Apartments
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Move-in Special

Move in by June 1st, 2025 First 2 Months 1/2 Off Apply Now & Contact Us Today For More Information!

Pricing & Floor Plans

Cost Calculator: Estimate your monthly and one-time fees.
CF 1x1A $1,130 – $1,147
1 Bed 1 Bath 500 Sq Ft
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 202CF
    price $1,130
    square feet 500
    availibility Now
  • Unit 313CF
    price $1,130
    square feet 500
    availibility Now
  • Unit 308CF
    price $1,130
    square feet 500
    availibility Now
MS 1x1 $1,171 – $1,188
1 Bed 1 Bath 540 Sq Ft
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 203MS
    price $1,171
    square feet 540
    availibility Now
  • Unit 302MS
    price $1,171
    square feet 540
    availibility Now
  • Unit 104MS
    price $1,171
    square feet 540
    availibility Now
CF 1x1B Call for Rent Not Available
1 Bed 1 Bath 500 Sq Ft
CF 1x1A $1,130 – $1,147
1 Bed 1 Bath 500 Sq Ft
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 202CF
    price $1,130
    square feet 500
    availibility Now
  • Unit 313CF
    price $1,130
    square feet 500
    availibility Now
  • Unit 308CF
    price $1,130
    square feet 500
    availibility Now
MS 1x1 $1,171 – $1,188
1 Bed 1 Bath 540 Sq Ft
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 203MS
    price $1,171
    square feet 540
    availibility Now
  • Unit 302MS
    price $1,171
    square feet 540
    availibility Now
  • Unit 104MS
    price $1,171
    square feet 540
    availibility Now
CF 1x1B Call for Rent Not Available
1 Bed 1 Bath 500 Sq Ft
* 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.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Cost Calculator to add these fees to the base price.

  • One-Time Move-In Fees
  • Administrative Fee
    $250
  • Application Fee
    $69
  • Dogs Allowed
  • Monthly pet rent
    $30
  • One time Fee
    $350
  • Pet deposit
    $0
  • Pet Limit
    2
  • Restrictions:
    No Breed Restrictions
  • Comments:
    Fees and restrictions apply.
  • Cats Allowed
  • Monthly pet rent
    $30
  • One time Fee
    $350
  • Pet deposit
    $0
  • Pet Limit
    2
  • Restrictions:
    No Breed Restrictions
  • Comments:
    Fees and restrictions apply.
  • Parking
  • Other
    --
  •  
  • Parking
    $50/mo
    1 Max, Assigned Parking

Details

Lease Options

  • 12

Property Information

  • Built in 1982
  • 85 units/3 stories

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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 an apartment community located in Wake County and the 27601 ZIP Code. This area is served by the Wake County attendance zone.

Unique Features

  • Nifty Kitchens with Stainless Steel Appliances
  • On Trend Fixtures, Lighting & Finishes
  • Elevator Access
  • WasherDryer Hookups
  • Laundry Care Center
  • Newly Renovated Modern Floor Plans
  • Community Library with Reading Nook
  • LVP Flooring
  • Outdoor Quad with Firepit and Cornhole
  • Yoga Studio Next Door
  • BBQ & Picnic Area
  • City & Park Views
  • Stylish, Fresh Bathrooms
  • Clubhouse Movie Lounge & Business Center
  • Large Bedrooms & Closet Space
  • Bamboo Countertops
  • Resident Coffee Bar
  • Community Balconies for Fun Socializing
  • Covered Bike Storage
  • Pet Friendly (weight & breed restrictions apply)

Contact

View Property Website
Language: English
Closed Today
  • Monday - Friday, 10am - 5pm
  • Saturday & Sunday, Closed
Property Management Company Logo

Community Amenities

Laundry Facilities

Elevator

Clubhouse

Business Center

  • Laundry Facilities
  • Property Manager on Site
  • Planned Social Activities
  • Pet Play Area
  • Elevator
  • Business Center
  • Clubhouse
  • Lounge
  • Multi Use Room
  • Bicycle Storage
  • Courtyard
  • Grill
  • Picnic Area
  • Dog Park

Apartment Features

Air Conditioning

Dishwasher

Hardwood Floors

Refrigerator

  • Air Conditioning
  • Heating
  • Dishwasher
  • Disposal
  • Stainless Steel Appliances
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Hardwood Floors
  • Carpet
  • Vinyl Flooring
  • Dining Room
  • Balcony
Location Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
Amenities
  • Laundry Facilities
  • Property Manager on Site
  • Planned Social Activities
  • Pet Play Area
  • Elevator
  • Business Center
  • Clubhouse
  • Lounge
  • Multi Use Room
  • Courtyard
  • Grill
  • Picnic Area
  • Dog Park
  • Bicycle Storage
  • Nifty Kitchens with Stainless Steel Appliances
  • On Trend Fixtures, Lighting & Finishes
  • Elevator Access
  • WasherDryer Hookups
  • Laundry Care Center
  • Newly Renovated Modern Floor Plans
  • Community Library with Reading Nook
  • LVP Flooring
  • Outdoor Quad with Firepit and Cornhole
  • Yoga Studio Next Door
  • BBQ & Picnic Area
  • City & Park Views
  • Stylish, Fresh Bathrooms
  • Clubhouse Movie Lounge & Business Center
  • Large Bedrooms & Closet Space
  • Bamboo Countertops
  • Resident Coffee Bar
  • Community Balconies for Fun Socializing
  • Covered Bike Storage
  • Pet Friendly (weight & breed restrictions apply)
  • Air Conditioning
  • Heating
  • Dishwasher
  • Disposal
  • Stainless Steel Appliances
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Hardwood Floors
  • Carpet
  • Vinyl Flooring
  • Dining Room
  • Balcony
Expenses
Recurring
Assigned Other Parking $50
Cat Rent $30
Dog Rent $30
One-Time
Cat Fee $350
Dog Fee $350
Office Hours
Monday 10am - 5pm
Tuesday 10am - 5pm
Wednesday 10am - 5pm
Thursday 10am - 5pm
Friday 10am - 5pm
Saturday Closed
Sunday Closed
984-205-3562
Neighborhood

Raleigh, North Carolina's state capital, topped Business week's 2011 list as America's Best City for its winning combination of affordable living, job opportunities and culture. The South Central Raleigh neighborhood sits just east of the city's business district, serving as the residential heartbeat of the community. With access to hundreds of restaurants and bars nearby and an astounding number of museums and historical attractions too, this is one of the most desirable places to live in the area. Raleigh's ability to thrive is, in part, due to its proximity to the three major state university's - Duke, North Carolina State and the University of North Carolina at Chapel Hill. Known as the "City of Oaks," Central Raleigh's streets are lined with hearty oak trees.

There are amazing apartments for rent with incredible views of the city, as well as single-family homes in a variety of styles.

Learn more about living in South Central 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Shaw University
Walk: 14 min 0.8 mi
William Peace University
Drive: 3 min 1.2 mi
Wake Technical, Adult Edu Ctr
Drive: 7 min 2.8 mi
NC State, Centennial Campus
Drive: 9 min 3.9 mi
Capital Flats & Magnolia Square Apartments is within 14 minutes or 0.8 mile from Shaw University. It is also near William Peace University and Wake Technical, Adult Edu Ctr.
Schools
  • Public Schools
  • Private Schools
Hunter Elementary
Public Elementary School
Grades PK-5
607 Students
Nearby
Root Elementary
Public Elementary School
Grades PK-5
472 Students
Attendance Zone
Moore Square Museum Magnet Mid
Public Middle School
Grades 6-8
585 Students
Attendance Zone
Raleigh Charter High School
Charter High School
Grades 9-12
564 Students
Nearby
Needham Broughton High
Public High School
Grades 9-12
2,128 Students
Attendance Zone
Sacred Heart Cathedral School
Private Elementary & Middle School
Grades PK-9
288 Students
Nearby
Oak City Academy
Private Elementary, Middle & High School
Grades PK-10
17 Students
Nearby
Saint Mary's School
Private High School
Grades 9-12
296 Students
Nearby
School data provided by 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 a scale of 1 (below average) 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 family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2025. All rights reserved.
Transportation

Capital Flats & Magnolia Square Apartments is near Raleigh-Durham International, located 13.9 miles or 25 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Raleigh Union Station
Walk: 18 min 1.0 mi
Cary
Drive: 19 min 9.5 mi
Durham Amtrak Station
Drive: 36 min 25.1 mi
Selma
Drive: 40 min 30.6 mi
Airports Distance
Airports Distance
Raleigh-Durham International
Drive: 25 min 13.9 mi
Walker's Paradise
94
Walk Score®
Out of 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Excellent Transit
74
Transit Score®
Out of 100
You’ll have excellent transit living in this area, with several nearby transit stops.
Very Bikeable
87
Bike Score®
Out of 100
This area is very Bikeable. You’ll find a variety of bike paths and lanes.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from Capital Flats & Magnolia Square Apartments.

Shopping Centers Distance
Shopping Centers Distance
City Market
Walk: 5 min 0.3 mi
Person Street Plaza
Drive: 3 min 1.1 mi
The Row at Glenwood
Drive: 3 min 1.3 mi
Capital Flats & Magnolia Square Apartments has 3 shopping centers within 1.3 miles, which is about a 3-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Marbles Kids Museum
Walk: 5 min 0.3 mi
Centennial Campus Center for Wildlife Education
Walk: 10 min 0.5 mi
Chavis Park
Walk: 13 min 0.7 mi
North Carolina Museum of Natural Sciences
Walk: 14 min 0.7 mi
Neuse Riverkeeper Foundation
Drive: 4 min 1.4 mi
Capital Flats & Magnolia Square Apartments has 5 parks within 1.4 miles, including Marbles Kids Museum, Centennial Campus Center for Wildlife Education, and Chavis Park.
Hospitals Distance
Hospitals Distance
Wakemed Raleigh Campus
Drive: 5 min 2.8 mi
Holly Hill Mental Health Services
Drive: 7 min 3.4 mi
Duke Health Raleigh Hospital
Drive: 10 min 4.3 mi
Capital Flats & Magnolia Square Apartments has 3 hospitals within 4.3 miles, the nearest is Wakemed Raleigh Campus which is 2.8 miles away and a 5 minute drive.
Military Bases Distance
Military Bases Distance
Pope Air Force Base
Drive: 82 min 51.9 mi
Seymour Johnson Air Force Base
Drive: 75 min 57.1 mi
Fort Bragg Johnsonville
Drive: 91 min 64.2 mi
Capital Flats & Magnolia Square Apartments has 3 military bases within 64.2 miles, the nearest is Pope Air Force Base which is 51.9 miles away and a 82 minute drive.
 
 

Property Ratings at Capital Flats & Magnolia Square Apartments

How Is This Rating Determined?

How Is This Rating Determined?

Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this 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.

3.0
Good
Out of 5

3.0 Blended Score

3 Renter Reviews

Share details of your own experience with this property

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5/2/25
Office Manager is an Angel!

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

11/13/24
Awful and huge waste of money

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.

6/8/21
Terrible Apartment - Look Elsewhere

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.

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Capital Flats & Magnolia Square Apartments Photos

  • Capital Flats & Magnolia Square Apartments

  • Lobby

  • Rec Room

Models

  • 1 Bedroom

  • 1 Bedroom

  • 1 Bedroom

  • 1 Bedroom

Nearby Apartments

Within 50 Miles of Capital Flats & Magnolia Square Apartments

  • Trails Corner Apartments

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    Raleigh, NC 27610

    2 Br $1,176-$1,620 0.9 mi

  • Midtown Park Townhomes

    5422 Tralee Pl

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    2 Br $1,525-$2,168 5.4 mi

  • Colony Townhomes

    5581 Burnlee Pl

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    2-3 Br $1,445-$1,723 5.5 mi

  • Willow Bend Apartments

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    2-4 Br $1,390-$2,826 21.8 mi

Frequently Asked Questions
Which floor plans are available, and what are the price ranges?

Capital Flats & Magnolia Square Apartments has one bedroom available with rent ranges from $1,130/mo. to $1,188/mo.

Can I see a model or tour Capital Flats & Magnolia Square Apartments?

You can take a virtual tour of Capital Flats & Magnolia Square Apartments on Apartments.com.

What neighborhood is the property located in?

Capital Flats & Magnolia Square Apartments is in South Central in the city of Raleigh. Here you’ll find three shopping centers within 1.3 miles of the property. Five parks are within 1.4 miles, including Marbles Kids Museum, Centennial Campus Center for Wildlife Education, and Chavis Park.

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500 E Hargett St

Raleigh, NC 27601

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