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51 Apartments for rent in Wake Forest, NC

Last updated January 23 at 3:25am UTC
3568 Althorp Drive
Wake Forest
Wake Forest, NC
Updated January 23 at 1:52am UTC
5 Bedrooms
$1,895
6012 Hares Ear Court
Wake Forest
Wake Forest, NC
Updated January 22 at 5:23pm UTC
3 Bedrooms
$2,295
1152 Coram Fields Road
Wake Forest
Wake Forest, NC
Updated January 3 at 11:44am UTC
4 Bedrooms
$1,995
2301 Verdant Court
Wake Forest
Wake Forest, NC
Updated January 16 at 11:23am UTC
5 Bedrooms
$1,850
4496 Middletown Drive
Wake Forest
Wake Forest, NC
Updated January 14 at 9:17am UTC
3 Bedrooms
$1,200
1125 Chamberwell Avenue
Wake Forest
Wake Forest, NC
Updated January 19 at 1:43am UTC
4 Bedrooms
$1,825
4471 Middletown Drive
Wake Forest
Wake Forest, NC
Updated January 18 at 10:51am UTC
4 Bedrooms
$1,395
8717 Carradale Court
Wake Forest
Wake Forest, NC
Updated January 5 at 1:55am UTC
3 Bedrooms
$1,995
9309 Bramden Ct
Wake Forest
Wake Forest, NC
Updated January 18 at 7:57pm UTC
5 Bedrooms
$2,495
1125 Willowgrass Lane
Wake Forest
Wake Forest, NC
Updated January 6 at 11:59am UTC
3 Bedrooms
$1,595
9001 Willington Place
Wake Forest
Wake Forest, NC
Updated January 3 at 11:44am UTC
4 Bedrooms
$2,850
11721 Coppergate Drive 113
Wake Forest
Wake Forest, NC
Updated January 22 at 1:01pm UTC
3 Bedrooms
$1,300
700 Holding Ridge Court
Wake Forest
Wake Forest, NC
Updated January 18 at 1:58am UTC
4 Bedrooms
$1,900
Flaherty Ave
Wake Forest
Wake Forest, NC
Updated January 19 at 8:26am UTC
3 Bedrooms
$1,150
Cimarron Pkwy
Wake Forest
Wake Forest, NC
Updated January 3 at 8:38am UTC
2 Bedrooms
$1,195
Rose Petal Run
Wake Forest
Wake Forest, NC
Updated January 18 at 8:56am UTC
2 Bedrooms
$1,445
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City Guide
Wake Forest
Wake Forest, North Carolina

If you're looking for some advice on renting and living in Wake Forest, then you’ve found the perfect guide. We've got everything you need to know right here, so read on to get the tips and tricks you'll need on your hunt for the best property rentals in town.

Situated in the rolling hill country of North Carolina, this charming and historic setting just a stone's throw from Raleigh is in pretty high demand these days. In the last 10 years, this little city has more than doubled in size. And, who could blame it? It's quite the charmer. With a quaint downtown, lots of historic architecture, beautiful parks, thousands of acres of lakeside woodlands, and plenty of places to shop, eat, and just kick back in the warm Carolina sun, it's no wonder the masses are flocking to this old-town inspired community. And, this life could all be yours for a very affordable price.

There are many different types of rentals around here, from inexpensive apartments, to the stylish factory and cotton mill-conversions, to charming townhomes and duplexes housed in historic grand Victorian homes, to the newer suburban houses, simple ranchers, and doublewide trailer homes that dot the outer city limits. Rental rates range from $550 to well over $3000. For less than a grand, you’re looking at small rental homes, duplexes, trailer homes, and apartments. Anything over a grand is either going to be a luxury apartment, a grand Victorian, or a brand spankin' new suburban rental home.

Although there aren't a whole lot of apartment complexes in town, the ones that are around are jam-packed with convenient amenities. Business centers, fitness centers, laundry facilities, basketball courts, community clubhouses, playgrounds, and swimming pools can be part of your life if you choose to reside in an apartment community.

If you plan on bring the cat or dog along, then fear not, because Wake Forest has plenty of pet-friendly places to live. Even dog-friendly apartments and property rentals can be found throughout the city, many of which are located near lakes, ponds, hiking trails, and big, open, green parks where your dogs can run themselves silly.

Looking for the bad side town? Well, you won't find it around here. Everywhere you look, the grass is green, the streets are walkable, the parks are full of kids playing soccer and families picnicking... yes, it's all butterflies and daisies and pleasantly uneventful family-friendly living.

That's the Wake Forest life in a nutshell. Now, get on with the hunt and best of luck!

-By Katy Comal

Rent Report
Wake Forest

January 2018 Wake Forest Rent Report

Welcome to the January 2018 Wake Forest Rent Report. Wake Forest rents declined over the past month. In this report, we'll evaluate trends in the Wake Forest rental market, including comparisons to cities throughout the state and nation.

Wake Forest rents declined slightly over the past month

Wake Forest rents have declined 0.3% over the past month, but are up significantly by 4.6% in comparison to the same time last year. Currently, median rents in Wake Forest stand at $1,030 for a one-bedroom apartment and $1,190 for a two-bedroom. Wake Forest's year-over-year rent growth leads the state average of 3.0%, as well as the national average of 2.8%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Wake Forest, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. The state as a whole logged rent growth of 3.0% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,210; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with High Point experiencing the fastest growth (+7.2%).
  • Winston-Salem, Fayetteville, and Greenville have all experienced year-over-year growth above the state average (5.3%, 4.7%, and 3.6%, respectively).

Wake Forest rents more affordable than many large cities nationwide

As rents have increased significantly in Wake Forest, a few large cities nationwide have seen rents grow more modestly. Wake Forest is still more affordable than most large cities across the country.

  • Wake Forest's median two-bedroom rent of $1,190 is slightly above the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 4.6% rise in Wake Forest.
  • While Wake Forest's rents rose significantly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Wake Forest than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than two-and-a-half times the price in Wake Forest.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.