Located in Old Farm neighborhood, this bright, beautifully renovated 3-bedroom, 2-bathroom home offers 1,200 sq. ft. of comfortable living space in a convenient Raleigh location, just minutes from downtown Cary, NC State, RTP, and major highways (I-40 and I-440). Enjoy hardwood floors throughout, a modern kitchen with quartz countertops, updated bathrooms, fresh paint, and stylish lighting. Additional features include an in-unit washer and dryer, a one-car garage, ample driveway parking, and a spacious backyard perfect for outdoor relaxation. Rental Details: Minimum 12-month lease, no smoking. Tenants are responsible for utilities and lawn maintenance.
Cary Towne Center, located between Walnut Street and Maynard Road, is a retail and residential Cary neighborhood with a former mall footprint and a web of greenway links. The neighborhood’s character concentrates around the Walnut Street–Maynard Road crossroads, where big-box storefronts, service plazas, and steady traffic set a practical, errands-first rhythm. Cary Arts Center anchors nearby with performances and classes in a restored civic building. Downtown Cary Park adds a designed landscape of lawns, play areas, and event spaces. Housing trends toward established subdivisions and garden-style apartments, with sidewalks and trail spurs shaping daily routes. Bond Park and Lake Crabtree County Park frame the area with water, woods, and long multiuse paths.
Provided by Walk Score and Local Logic
Historical weather
Raleigh, NC • 27606
Average low and high temperatures (°F)
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Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
6/10 Wind Factor
55% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Sun exposure
In this area, properties receive around 8.9 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
This property is priced $249 above the rental estimate.
Asking rent
$2,095
Rental estimate
$1,846
Nearby comparable rentals
The Rental Estimate uses 0 recent nearby rental.
Sale and tax history for 501 Old Farm Rd
Sale History
Tax History
Date
Event
Price
AVAIL
Nov 3, 2026
Listed for Rent
$2,095
$2/sq ft
Public Records
Feb 28, 2022
Sold
$312,000
$269/sq ft
TMLS #2428197
Feb 28, 2022
Sold
$311,800
$269/sq ft
Jan 27, 2022
Pending
—
Jan 27, 2022
Listed
—
Jan 24, 2022
Coming Soon
$279,000
$241/sq ft
+17
Coming Soon! Move in ready, one story home! Perfectly located in a quiet neighborhood less than 2 miles from both U. S. 1 and Cary Crossroads Plaza. This prime location allows for quick and easy commutes! This cozy home has many wonderful features including beautiful original hardwoods, a simple, clean floorplan accompanied by a single-car garage, as well as a fenced in backyard! Showings open 28th-30th!
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501 Old Farm Rd is a 1200 square foot property with 3 bedrooms and 2 bathrooms. We estimate that 501 Old Farm Rd would rent between $1,846 / mo.501 Old Farm Rd is located in Raleigh, the 27606 zipcode, and the Wake County School District.