742 Smallwood Dr #V1, Raleigh, NC 27605
Property image
Property image
OFF MARKET

742 Smallwood Dr #V1
Raleigh, NC 27605

Hillsborough
  • 2 Beds
  • 1 Bath
  • 1,000 sqft
  • 2 Beds
  • 1 Bath
  • 1,000 sqft

Home Highlights

Property Type
Apartment
Year Built
1964
Living Area
1,000 sqft
Parking
None

Local Information

  • Map ViewExplore the area around 742 Smallwood Dr #V1.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

Levels, Entrance, & Accessibility
Stories: 7Floors: Hardwood

Property Information

Year Built
Year Built: 1964
Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 6 Months

Exterior Features

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

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Jill
    "Perfect for Walking, biking, or busing. Currently I work downtown and can do any, dependent on the weather."
  • MJ Clark
    "g Great walkable, friendly neighborhood with big trees for climbing, two parks, several annual parties, plus we're near historic Pullen Park with amazing amusements!"
  • WannaBeClarkKent
    "Raleigh has a fun atmosphere for young professionals. lots of career opportunities and chances to meet like minded people."
  • Michael H. S.
    "Great place to live. Awesome neighbors who take care of their homes and value their community. Ideal place to live - very walkable neighborhood. "
  • Mike L.
    "I enjoy living ITB. Safe neighborhood, relatively convenient to all of raleigh, I 40.lots of amenities in Cameron Village. Lots of good places to eat. "
  • awentley
    "I love 222 Glenwood and living in Glenwood South. Great community and vibrant. Very affordable urban living. "
  • Kristinebrowne
    "Great area - convenient, charming neighborhood, wonderful boutiques/restaurants within walking distance. There is a Fresh Market and Harris Teeter within walking distance and Whole Foods is a mile away."
  • Sue A. w.
    "Living on Ellington Oaks Court in the West Morgan neighborhood of Raleigh, I am within walking distance of downtown restaurants, offices, and arts venues as well as NCSU, and Cameron Village. Nearby schools include Wiley Elementary and Broughton High School. The neighborhood is urbane and eclectic, home to creative entrepreneurs, a fine restaurant, a famous comedy club, and single- and multi-family residences. Don't miss this opportunity."

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
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

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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.
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