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The Reverie at Lake Boone apartments in Raleigh, NC

Updated

The Reverie at Lake Boone

4131 Briargrove Cir, Raleigh, NC 27607, USA

Live pricing, refreshed

33
Units Listed
$1,270
Starting at
$1,924
Average
$2,641
Highest
$2.03
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Northwest Raleigh rent trends

Beds

Pricing by Bedroom

Studio
$1,275
from $1,270 · 2 units
~509 sqft avg
1 Bed
$1,628
from $1,523 · 19 units
~789 sqft avg
2 Bed
$2,476
from $2,313 · 10 units
~1,226 sqft avg
3 Bed
$2,614
from $2,587 · 2 units
~1,471 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (26)

Largest 8 movers of 26

Last 15 days

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: observed data only.

Observed Lease Revenue

$98K/mo

from 57 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,721

vs $1,924 current asking ($203 negotiation gap)

Recent Lease Activity

90 units tracked; 57 assumed leased, 33 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

33

Very high availability

9 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Available Units

33 units
Studio / 1 Bath Whisper
$1,270/mo
509 ft² · $2.50/ft² · #3-118
Up $1 since Aug 6 (was $1,269)
Studio / 1 Bath Whisper
$1,280/mo
509 ft² · $2.51/ft² · #3-206
1 Bed / 1 Bath Serene
$1,523/mo
709 ft² · $2.15/ft² · #4-006
1 Bed / 1 Bath Dream
$1,557/mo
782 ft² · $1.99/ft² · #2-103
Down $5 since Aug 24 (was $1,562)
1 Bed / 1 Bath Solace
$1,585/mo
726 ft² · $2.18/ft² · #3-410
Up $12 since Aug 13 (was $1,573)
1 Bed / 1 Bath Dream
$1,588/mo
782 ft² · $2.03/ft² · #3-205
Up $25 since Aug 20 (was $1,563)
1 Bed / 1 Bath Haven
$1,590/mo
846 ft² · $1.88/ft² · #2-107
Down $91 since Aug 20 (was $1,681)
1 Bed / 1 Bath Dream
$1,598/mo
782 ft² · $2.04/ft² · #2-303
Up $25 since Aug 20 (was $1,573)
1 Bed / 1 Bath Haven
$1,600/mo
846 ft² · $1.89/ft² · #3-203
Down $90 since Aug 20 (was $1,690)
1 Bed / 1 Bath Serene
$1,603/mo
709 ft² · $2.26/ft² · #4-406

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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