Anderson Hills
231 Calibre Chase Dr,
Raleigh, NC 27609
$1,320 - $1,690
1-2 Beds
Around 1900, it was determined that Raleigh needed some suburbs -- the streetcar was available by then, and residents could move a little farther from the city center. Several neighborhoods were created between 1910 and 1950: Hayes Barton, Georgetown, Roanoke Park, Vanguard Park, and Bloomsbury. These five neighborhoods were clustered around the five-point intersection of Glenwood Avenue, Whitaker Mill Road, and Fairview Road. Today, those five neighborhoods are known as the Five Points Historic Neighborhoods.
There are four historic districts within Five Points: the Vanguard Park District, the Bloomsbury District, the Roanoke Park District, and the Hayes Barton District. Each district has its own characteristics, making the Five Points neighborhood one of the most unique and diverse in Raleigh. Housing ranges from 1900s bungalows and cottages to more elaborate Colonia Revival and Queen Anne style homes.
As of May 2026, the average apartment rent in Five Points is $1,263 for one bedroom, $1,246 for two bedrooms, and $1,559 for three bedrooms. Apartment rent in Five Points has increased by 1.3% in the past year.
1 BR
610 sq ft
Average Sq Ft
$1,263/month
Average Rent
2 BR
892 sq ft
Average Sq Ft
$1,246/month
Average Rent
3 BR
1,113 sq ft
Average Sq Ft
$1,559/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Five Points - Raleigh, NC is for everyday living.
Moderately Walkable
Walkability
Limited Public Transit
Transit
Very Drivable
Drivability
Fairly Bikeable
Bikeability
Five Points - Raleigh, NC offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Limited Café Variety Nearby
Cafes
Fair Variety of Shops Nearby
Shopping
Five Points - Raleigh, NC provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Five Points - Raleigh, NC from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Fair Nightlife Variety Nearby
Nightlife
Not Noisy
Quiet Score
3,507
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.