Home Highlights
Property Type
Apartment
Year Built
1964
Living Area
1,000 sqft
Parking
None
Local Information
-- mins to
About this House
Welcome to The Raleigh Apartments! A choice downtown location in a park like setting . . . The Raleigh Apartments is a charming community consisting of efficiency, one and two-bedroom garden apartments amid grassy fields and mature shade trees. Visit Us Today!
742 Smallwood Dr #V1, Raleigh, NC 27605 is a 2 bedroom, 1 bathroom, 1,000 sqft apartment in Hillsborough, built in 1964. More recently, it was listed as a rental in November 2025 with an asking price of $1,529 per month. That rental listing was removed on February 20, 2026. It is currently off market. The Trulia Estimate rent is $1,519/month.
Home Details for 742 Smallwood Dr #V1
|
|---|
Levels, Entrance, & Accessibility Stories: 7Floors: Hardwood |
|
|---|
Year Built Year Built: 1964 |
Property Type / Style Property Type: Apartment |
|
|---|
Lease Term: 6 Months |
|
|---|
Parking & Garage Parking: None |
Comparable Sales for 742 Smallwood Dr #V1
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.44 | Apartment | $378,000 | 05/11/26 | 2 | 2 | 978 sqft | |
0.53 | Apartment | $359,000 | 09/17/25 | 2 | 2 | 1,056 sqft | |
0.93 | Apartment | $671,000 | 05/01/26 | 2 | 1 | 900 sqft | |
0.57 | Apartment | $1,350,000 | 06/01/26 | 1 | 1 | 3,398 sqft | |
0.37 | Apartment | $208,500 | 02/24/26 | 1 | 1 | 925 sqft | |
0.46 | Apartment | $234,000 | 07/08/26 | 1 | 550 sqft | ||
0.47 | Apartment | $400,000 | 07/08/26 | 2 | 2 | 1,000 sqft | |
1.04 | Apartment | $400,000 | 09/25/25 | 2 | 2 | 1,144 sqft | |
0.72 | Apartment | $390,000 | 10/03/25 | 1 | 1 | 965 sqft | |
0.72 | Apartment | $432,000 | 07/13/26 | 2 | 2 | 1,159 sqft |
Home facts updated by county records
Nearby homes
Get a sense of prices in the area by checking nearby homes.Around this home
What Locals Say about Hillsborough
At least 53 Trulia users voted on each feature.
92 % Say it's dog friendly
85 % Say parking is easy
83 % Say it's walkable to restaurants
80 % Say there are sidewalks
80 % Say people would walk alone at night
79 % Say it's walkable to grocery stores
75 % Say car is needed
71 % Say streets are well-lit
71 % Say there's holiday spirit
58 % Say it's quiet
51 % Say yards are well-kept
49 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
44 % Say kids play outside
39 % Say there are community events
33 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 20, 2026 Source: Zillow Rentals | ListingRemoved | $1,249 |
Feb 3, 2026 Source: Zillow Rentals | PriceChange | $1,249 Price decreased by 18% |
Nov 6, 2025 Source: Zillow Rentals | Listed For Rent | $1,529 |
Frequently asked questions about 742 Smallwood Dr #V1
- Is Raleigh a buyer's or seller's market?Raleigh is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Raleigh?The median sale price in Raleigh is $440K. That is up $8.33K from the prior month.
- What do residents say about the Hillsborough neighborhood?Residents describe the Hillsborough neighborhood in Raleigh, NC as dog-friendly, easy to park in, and walkable to restaurants. See recently sold homes in Hillsborough, Raleigh.
- What are the closest schools to 742 Smallwood Dr #V1?The closest schools to 742 Smallwood Dr #V1 in Raleigh, NC are Needham Broughton High (rated 7/10), Oberlin Middle School (rated 7/10), Wiley Elementary (Pre-K, rated 6/10).
Homes for rent near 742 Smallwood Dr #V1
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

