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The Gramercy Apartments 1 of 8

The Gramercy Apartments

$1,305 – $2,485/mo

  • Studio–2 bedrooms
  • 1–2 baths
  • 540–1,380 sq ft
  • 27 units available
  • Pet friendly
650 W North St, Raleigh, NC, 27603

As of October 13, 2026, The Gramercy Apartments in Raleigh, NC has 27 apartments for rent from $1,305 to $2,485/mo. Studios start at $1,305, one-bedrooms at $1,500, and two-bedrooms at $1,910. The average asking rent has risen 5.4% since March 25, 2026, from $1,564 to $1,649.

Floor plans

8 floor plans · 27 available units · Prices checked October 13, 2026

Chelsea

Studio • 1 Bath • 540 Sq Ft

Starting at $1,305/mo

5 available unitsPriceSq ftAvailableOpen unit
730$1,445540Aug 7
740$1,345540Sep 14
624$1,320540Sep 24
540$1,335540Oct 17
530$1,305540Nov 27

C2a

Studio • 920 Sq Ft

Starting at $2,325/mo

1 available unitPriceSq ftAvailableOpen unit
339$2,325920Nov 27

Midtown

1 Bedroom • 1 Bath • 691 Sq Ft

Starting at $1,500/mo

7 available unitsPriceSq ftAvailableOpen unit
733$1,600691Aug 12
533$1,535691Aug 15
735$1,600691Aug 23
635$1,575691Sep 10
318$1,500691Nov 7
335$1,525691Nov 7
718$1,575691Nov 7

Upper Eastside

1 Bedroom • 1 Bath • 692 – 754 Sq Ft

Starting at $1,560/mo

10 available unitsPriceSq ftAvailableOpen unit
725$1,660692Aug 3
619$1,615754Aug 17
437$1,595692Sep 10
331$1,585692Oct 8
519$1,575754Oct 17
707$1,635692Oct 21
413$1,570692Oct 24
515$1,595692Nov 7
315$1,560692Nov 18
314$1,560692Dec 5

The Soho

1 Bedroom • 1 Bath • 856 Sq Ft

Starting at $1,680/mo

1 available unitPriceSq ftAvailableOpen unit
605$1,680856Oct 10

Tudor

2 Bedrooms • 2 Baths • 974 Sq Ft

Starting at $1,910/mo

1 available unitPriceSq ftAvailableOpen unit
622$1,910974Nov 7

Astoria

2 Bedrooms • 2 Baths • 1,166 Sq Ft

Starting at $2,395/mo

1 available unitPriceSq ftAvailableOpen unit
617$2,3951,166Oct 8

Time Square

2 Bedrooms • 2 Baths • 1,380 Sq Ft

Starting at $2,485/mo

1 available unitPriceSq ftAvailableOpen unit
534$2,4851,380Oct 16

See all 86 units listed at The Gramercy Apartments, including ones no longer available.


Rent history

Over the past year, the average asking rent at The Gramercy Apartments has ranged from $1,375 to $1,741. The current average is $1,649, up $85 (5.4%) from $1,564 at the start.

Prices reflect the average advertised rent across units listed as available each day (163 days observed).
MonthAverage asking rentLowest – highestUnits listed
Oct 2026$1,646$1,305 – $2,48527
Sep 2026$1,676$1,305 – $2,49527
Aug 2026$1,668$1,320 – $2,56522
Jul 2026$1,594$1,320 – $2,56512
Jun 2026$1,454$1,250 – $1,8859
May 2026$1,565$1,160 – $2,04526
Apr 2026$1,550$1,160 – $1,96036
Mar 2026$1,561$1,260 – $1,96033

Fees & lease terms

  • Rent

    $1,305 – $2,485/mo
  • Earliest move-in

    Aug 3

Monthly fees

Community Amenity Fee

$25/mo

Community Amenity Fee

$60/mo

Month-to-Month Fee

$500/mo

Parking - Reserved

$75/mo

Pest Control Services

$6/mo

Pet Management - Third Party

$25/mo

Pet Rent

$25/mo

Short Term Rental

$50/mo

Storage Space Rental

$25/mo

Trash Services - Doorstep

$34/mo

Utility - Billing Administrative Fee

$5.35/mo

Due at signing

Administrative Fee

$150

Application Fee

$85

Pet Fee

$300

Pet Fee - Additional Pet

$150

Security Deposit (Refundable)

$250

Cost to rent here

The all-in monthly cost by apartment size, and how the rent compares across the Raleigh area.

Lowest-priced apartment: Chelsea at $1,305

$2,312/mo

$1,007/mo above the advertised rent

  • Rent

    $1,305

  • Community Amenity Fee

    $25

  • Community Amenity Fee

    $60

  • Month-to-Month Fee

    $500

  • Parking - Reserved

    $75

  • Pest Control Services

    $6

  • Pet Management - Third Party

    $25

  • Pet Rent

    $25

  • Short Term Rental

    $50

  • Storage Space Rental

    $25

  • Trash Services - Doorstep

    $34

  • Utility - Billing Administrative Fee

    $5

  • Electric and gas

    est.
    Other utilities are billed by the building

    $92

  • Internet

    est.

    $71

  • Renters insurance

    est.

    $14

  • All-in monthly

    $2,312

By apartment size

SizeRent fromAll-in monthlyIncome to qualify
Studio$1,305$2,312$46,980/yr
1 bedroom$1,500$2,518$54,000/yr
2 bedrooms$1,910$2,975$68,760/yr

Landlords commonly look for a monthly income of three times the rent, about $46,980 a year for the $1,305 studio. The median renter household in Raleigh earns $59,538 a year.

Compared with the Raleigh area

The median one-bedroom at The Gramercy Apartments asks $1,580 a month, 27% above the Raleigh area's typical one-bedroom asking rent of $1,242. Typical asking rents across the area are down 1.4% from a year earlier.

SizeMedian asking rent hereRaleigh-area asking rentRaleigh rent paid
Studio$1,340—$1,365
1 bedroom$1,580$1,242$1,408
2 bedrooms$2,395$1,367$1,576
Area asking rent: typical rent asked for a new lease across the Raleigh-Cary, NC metro, Apartment List Rent Estimates, August 2026.Rent paid: median rent including utilities across all renter households in Raleigh, U.S. Census Bureau American Community Survey, 2020–2024.
Rows marked “est.” are averages for this area scaled to the apartment, not quotes from the property. The income figure is a common screening rule, not this property’s requirement.

Amenities

  • 24-Hour Fitness Center

  • 7,000-Sqft Clubhouse & Lounge

  • 7,000-Sqft Of On-Site Retail

  • Air Conditioning

  • Bike Storage

  • Convenient Parking Garage

  • Dedicated Yoga & Spin Room

  • Dishwasher

  • Fitness Center

  • Garage Parking

  • Gated Access

  • Gourmet Coffee Bar

  • Outdoor Cabanas, Tvs & Fireplace

  • Patio/Balcony

  • Pet Friendly

  • Smoke Free

  • Swimming Pool

  • Swimming Pool W/Grills & Kitchen

  • Walk-In Closets

  • Washer/Dryer


Amenity photos

  • Gym
  • Roof deck
    2 photos
  • Pet wash

Location

650 W North St, Raleigh, NC, 27603


Resident reviews

4.4 · 100+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Location4.8
Management4.6
Amenities and Shared Spaces4.6
Building Quality4.2
Maintenance4.6

The Gramercy offers a vibrant downtown location with strong community amenities, responsive maintenance, and friendly staff that most residents appreciate. The prime Glenwood South location provides excellent walkability to restaurants and entertainment, though weekend noise from the surrounding nightlife is a consistent tradeoff. While the majority of residents report positive experiences with clean facilities and well-maintained units, a small number have experienced serious incidents and communication challenges during the leasing process.

The property offers an excellent downtown location with exceptional walkability to restaurants, bars, shops, and entertainment venues on Glenwood Avenue and nearby areas. Residents consistently praise proximity to transit, parks, and major retailers, along with convenient parking options. Weekend noise from the entertainment district and occasional train horns are noted trade-offs of the location, but most residents find the convenience worth the occasional disturbance.

Management and office staff consistently receive praise for professionalism, friendliness, and responsiveness to resident needs. Maintenance requests are typically addressed quickly, and the property maintains clear communication about community events and building updates. However, some residents have experienced delays in leasing office communication and responsiveness during the application process, and occasional issues with package handling and trash management have been noted.

The Gramercy offers well-maintained amenities including a popular pool, gym, and grilling area, with responsive maintenance and timely repairs. Common areas are consistently kept clean, and the property hosts regular community events and pool parties. Package handling through the mailroom and garage lockers is generally reliable, though some residents reported occasional package management issues. Most residents praise the amenities and maintenance responsiveness, though a small number noted concerns about parking garage maintenance and noise management.

The building features high-end finishes and is generally well-maintained with clean common areas, though some residents report structural concerns including parking deck deterioration and recurring mechanical failures. Noise is a significant issue for light sleepers, particularly from external street activity and neighboring units, with mixed reports on management responsiveness to complaints. Maintenance response times are typically quick when issues are reported, and the building's location near downtown amenities is consistently praised.

Maintenance staff consistently respond quickly to repair requests, with most issues addressed within one day. Residents report professional and proactive service from the maintenance team, including HVAC repairs, appliance replacements, and thermostat assistance. The property demonstrates strong follow-through on work orders and general responsiveness to resident needs.

Summaries are written by AI from reviews residents posted on public review sites such as Google and ApartmentRatings. Each topic shows how many of those reviews discuss it.

Getting around

Very Walkable

Some Transit

Very Bikeable


About this property

You only get a few chances to experience something so truly amazing. To have the world at your feet and extraordinary services at your immediate beck and call. To live in surroundings that demand so little and give back so much more. Incredible retail steps away. Nightlife that sparks a soulful experience. Catered anything. On-demand everything. Inspired by Manhattan, yet perfectly tailored to Raleigh. All done in a way that never loses its Southern charm. It's exactly the place you want to be. You can find me at The Gramercy.

  • Building

    Apartment · Mid-Rise
  • Total units

    203

Nearby schools

SchoolTypeLevelDistance

Saint Mary's School

Private · High
PrivateHigh0.3 mi

The Exploris School

Charter · Middle
CharterMiddle0.4 mi

Edenton St United Methodist Dcc

Private · Preschool
PrivatePreschool0.4 mi

Sacred Heart Cathedral School

Private · Middle
PrivateMiddle0.4 mi

Infant Toddler Center

Private · Elementary
PrivateElementary0.5 mi

Rehabilitation Center For Blind

Public · High
PublicHigh0.9 mi

Dorothea Dix Pre-School

Private · Preschool
PrivatePreschool1.2 mi

Breakthrough School Development High Learning

Private · High
PrivateHigh1.7 mi

Matthew Chapel Day Care

Private · Preschool
PrivatePreschool1.7 mi

Vernon Malone College and Career Academy

Public · High
PublicHigh2.2 mi

Contact & management