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The Metropolitan Apartments apartments in Raleigh, NC

Updated

The Metropolitan Apartments

314 W Jones St, Raleigh, NC 27603

Live pricing, refreshed

5
Units Listed
$1,255
Starting at
$1,850
Average
$2,745
Highest
$2.15
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Raleigh, NC rent trends

Beds

Pricing by Bedroom

Studio
$1,255
from $1,255 · 1 units
~556 sqft avg
1 Bed
$1,705
from $1,695 · 2 units
~731 sqft avg
2 Bed
$2,293
from $1,840 · 2 units
~1,140 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (23)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$315K

$3.8M annual run rate

Modeled estimate

Est. Occupancy

97%

of about 156 units (modeled from leasing activity)

Effective Rent on New Leases

$2,083

vs $1,850 current asking

Recent Lease Activity

26 units tracked; 21 assumed leased, 5 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

5

Moderate availability

5 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Raleigh 27603

Neighborhood

Comparing 6 apartments in Raleigh 27603. Click any bar to view that building.

Available Units

5 units
Studio / 1 Bath Sidecar
$1,255/mo
556 ft² · $2.26/ft\u00B2 · #1
1 Bed / 1 Bath Flapper
$1,695/mo
731 ft² · $2.32/ft\u00B2 · #2
1 Bed / 1 Bath Swordfish
$1,715/mo
731 ft² · $2.35/ft\u00B2 · #3
2 Bed / 2 Bath Blind Tiger
$1,840/mo
986 ft² · $1.87/ft\u00B2 · #4
2 Bed / 2 Bath Cats Meow
$2,745/mo
1,293 ft² · $2.12/ft\u00B2 · #5

Train activity

Severe nighttime trains

Freight line 536 ft away · 7 trains/day

  • 4 daytime, 3 overnight
  • Crossing 536 ft away. Horns expected day and night.
  • Operator: CSX

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Raleigh, NC notes

No resident notes for this property yet.

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