The Bailey Apartments
4800 University Dr,
Durham, NC 27707
$1,355 - $1,580 | 1-2 Beds
Its captivating architecture and country club scene makes Hope Valley one of a kind in Durham. This suburban neighborhood houses many buildings that reflect the Colonial Revival and Tudor Revival style, and it was the first established country club community in the city. Hope Valley is a heavily wooded area with gentile rolling hills, convenient to the University of North Carolina at Chapel Hill, Research Triangle Park, Raleigh-Durham International Airport, Duke University, and Downtown Raleigh.
Residents enjoy the easy commutes by way of Durham Freeway and Interstate 40. Southern Boundaries Park is an excellent spot for sports, as it contains tennis courts, basketball courts, and a baseball diamond. Third Fork Creek Trail starts at this park and continues 3.5 miles to Garret Road Park in Durham. As for shopping and dining destinations, Brightleaf Square and Northgate Mall is just a short drive away.
As of March 2025, the average apartment rent in Hope Valley is $1,013 for one bedroom, and $1,410 for two bedrooms. Apartment rent in Hope Valley has increased by 0.0% in the past year.
1 BR
730 sq ft
Average Sq Ft
$1,013/month
Average Rent
2 BR
1,144 sq ft
Average Sq Ft
$1,410/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
3,219
Communities
893,428
Units
827
Cities
693
Communities
187,801
Units
312
Cities
645
Communities
126,670
Units
256
Cities
618
Communities
163,110
Units
234
Cities
610
Communities
105,239
Units
214
Cities
537
Communities
124,438
Units
273
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.