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wake forest
Last updated September 24 2020 at 1:02 PM

226 Apartments for rent in Wake Forest, NC

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Check out 226 verified apartments for rent in Wake Forest, NC with rents starting as low as $950. Some apartments for rent in Wake Forest might offer rent specials. Look out for the
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Verified
19 Units Available
Legacy Wake Forest
1421 Legacy Falls Drive
Wake Forest, NC
1 Bedroom
$1,190
941 sqft
2 Bedrooms
$1,425
1336 sqft
3 Bedrooms
$1,615
1525 sqft
Last updated September 24 at 01:01 PM
Prime Wake Forest location just north of Raleigh with spacious one-, two, and three-bedroom suites. Amenities include saltwater pool with sundeck, fire pit, and 24-hour fitness center.
Verified
8 Units Available
Capital Creek at Heritage
1910 Capital Creek Drive
Wake Forest, NC
1 Bedroom
$1,065
833 sqft
2 Bedrooms
$1,320
1254 sqft
3 Bedrooms
Ask
Last updated September 24 at 12:28 PM
This property is associated between all the dining and shopping options along Forestville Road and South Main Street. The smoke-free community is pet-friendly and a pool, clubhouse and wine room. Units feature hardwood flooring.
Verified
1 Unit Available
West Oak Apartment Homes
370 W Oak Ave
Wake Forest, NC
2 Bedrooms
$979
850 sqft
Last updated September 24 at 11:27 AM
North of Raleigh, these two-bedroom apartments feature walk-in closets, extra storage and a stackable washer and dryer. Just off Capital Blvd., which will take you into Raleigh within minutes.
$
Verified
Contact for Availability
Ardmore Heritage
1747 Alexander Springs Ln
Wake Forest, NC
1 Bedroom
$1,025
740 sqft
2 Bedrooms
$1,250
1055 sqft
3 Bedrooms
$1,495
1430 sqft
Last updated September 18 at 09:47 PM
Come home to Ardmore Heritage located in Wake Forest's upscale Heritage neighborhood with quick access to the area's best dining and shopping.
Verified
11 Units Available
Aston
1524 Woodfield Creek Dr
Wake Forest, NC
1 Bedroom
$1,115
828 sqft
2 Bedrooms
$1,300
1232 sqft
3 Bedrooms
$1,605
1381 sqft
Last updated September 24 at 03:47 AM
Quiet community located close to Wake Forest but in a quiet setting. One-, two- and three-bedroom floorplans have stainless steel sinks, granite countertops and washer/dryer in-unit.
Verified
11 Units Available
Caveness Farms Apartment Homes
1760 Pasture Walk Dr
Wake Forest, NC
1 Bedroom
$1,029
850 sqft
2 Bedrooms
$1,200
1234 sqft
3 Bedrooms
Ask
Last updated September 24 at 03:48 AM
Convenient to Capital Boulevard. Floor plans feature master bedrooms with oversized closets, kitchens with pantries, and private patios with scenic views. On-site nature trail, pet park, outdoor swimming pool, and stocked lake with fishing pier.
1 Unit Available
1429 Kirkwood Hill Way
1429 Kirkwood Hill Way
Wake Forest, NC
3 Bedrooms
$1,895
1999 sqft
Last updated September 24 at 12:41 PM
Beautiful home in The Landings at Heritage with hardwoods and flowing floor plan. Gas fireplace in the living room, which opens into a gorgeous kitchen and breakfast area. Neutral colors throughout. Spacious bedrooms with walk-in closets.
1 Unit Available
820 Tree Green Lane
820 Tree Green Lane
Wake Forest, NC
5 Bedrooms
$2,995
14374 sqft
Last updated September 24 at 12:41 PM
Available 10/1/20. Pets nego. w/fee. Stunning 5bdr/4ba cul-de-sac home in Bowling Green Subd. Open floorplan with formal dining and a family room centered around gas FP & bookshelves.
1 Unit Available
715 S Wingate Street
715 South Wingate Street
Wake Forest, NC
3 Bedrooms
$1,895
8695 sqft
Last updated September 24 at 12:41 PM
Executive home w/in walking distance of downtown Wake Forest. Gleaming hardwoods, gorgeous kitchen W/ stainless appliances & granite counters. Formal dining & quaint family RM W/ lots of light.
1 Unit Available
2924 Carriage Meadows
2924 Carriage Meadows Drive
Wake Forest, NC
4 Bedrooms
$1,995
2234 sqft
Last updated September 24 at 11:39 AM
Beautiful home in an awesome neighborhood with large lot, great for children's play! Deck is ideal for backyard entertaining Light and bright, all formals, open kitchen with breakfast area and lovely sunroom! Family room with fireplace can
1 Unit Available
9837 Sweet Basil Drive
9837 Sweet Basil Drive
Wake Forest, NC
3 Bedrooms
$1,395
1500 sqft
Last updated September 24 at 11:39 AM
Ready for move in! SHEARON FARMS Townhouse! Great floor plan with 3 spacious bedrooms and 2.
1 Unit Available
417 Rally Point Place
417 Rally Point Pl
Wake Forest, NC
3 Bedrooms
$1,750
1700 sqft
Last updated September 24 at 09:42 AM
Brand new beautiful townhouse downtown Wake Forest - Property Id: 369988 Brand new beautiful townhouse, end unit located downtown Wake Forest, walking distance to shops and restaurants.
1 Unit Available
405 7th Street
405 7th Street , Wake Forest, NC
Northeast
3 Bedrooms
$1,599
1866 sqft
Last updated September 24 at 09:42 AM
LIFE SIMPLIFIED Coming soon! THIS HOME IS CURRENTLY BEING ENJOYED BY ANOTHER RESIDENT BUT WILL BE AVAILABLE SHORTLY. PLEASE RESPECT THEIR PRIVACY AND DO NOT DISTURB.
1 Unit Available
345 W Oak Ave Apt A
345 West Oak Avenue
Wake Forest, NC
2 Bedrooms
$975
768 sqft
Last updated September 24 at 09:42 AM
This quaint town home is located on the 1st floor with private entrance! Situated just a short drive from Joyner Park, this Wake Forest beauty will be ready for a July 13th move. Enjoy two nice sized bedrooms and one full bathroom.
1 Unit Available
1504 Bolus Court
1504 Bolus Court
Wake Forest, NC
5 Bedrooms
$2,495
3150 sqft
Last updated September 24 at 09:41 AM
1504 Bolus Court Available 10/01/20 5 Bedroom in Great Wake Forest Location - Stunning brick front 5 bedroom home on great culdesac lot! Gorgeous plan has extended family room and breakfast nook. Gas log fireplace in 2-story family room.
1 Unit Available
412 Groveton Trl
412 Groveton Trail
Wake Forest, NC
3 Bedrooms
$1,450
1222 sqft
Last updated September 23 at 07:33 AM
Lovely ranch with fresh paint and vinyl plank flooring throughout family room, hall and all bedrooms. 1 car garage with garage door opener. Located on a cul-de-sac. Enjoy the nice level lot and back deck.
1 Unit Available
341 Hammond Oak Lane
341 Hammond Oak Lane
Wake Forest, NC
3 Bedrooms
$1,595
1714 sqft
Last updated April 4 at 11:14 AM
341 Hammond Oak Lane Available 04/16/20 Beautiful 3BD/2.5BA townhome w/ 2 car garage in Heritage! - Beautiful 3BD/2.
1 Unit Available
808 Old Ash Court
808 Old Ash Court
Wake Forest, NC
3 Bedrooms
$1,800
2031 sqft
Last updated March 5 at 04:12 AM
This home is managed by FirstKey Homes, helping you Unlock More from your home rental experience. Apply, schedule a self-tour, or get on a waiting list for Coming Soon homes; review our resident qualifications; or see more homes at www.firstkeyhomes.
1 Unit Available
413 Hammond Oak Lane
413 Hammond Oak Lane
Wake Forest, NC
3 Bedrooms
$1,800
1788 sqft
Last updated October 16 at 10:40 PM
Spacious 3 bedroom townhome in heart of Heritage. Cozy family room with vaulted ceiling, gas fireplace and lots of natural light. Kitchen w/ brand new refrigerator, granite countertops and gas range. Separate dining room and breakfast nook.
1 Unit Available
1616 Forest Road
1616 Forest Rd
Wake Forest, NC
3 Bedrooms
$1,350
1211 sqft
Last updated December 10 at 05:44 PM
Beautifully redone throughout.
Results within 1 mile of Wake Forest
Verified
27 Units Available
Legacy at Wakefield
14411 Calloway Gap Road
Raleigh, NC
1 Bedroom
$998
754 sqft
2 Bedrooms
$1,256
1119 sqft
3 Bedrooms
$1,430
1406 sqft
Last updated September 24 at 12:35 PM
Explore the brilliance of a perfectly balanced live, work, play setting full of adventure and entertainment that is something special. Simplify your life with maintenance-free living in one of our spacious one, two and three bedroom apartment homes.
Verified
8 Units Available
Wakefield Glen
2400 Garden Hill Dr
Raleigh, NC
1 Bedroom
$1,260
955 sqft
2 Bedrooms
$1,155
1194 sqft
3 Bedrooms
Ask
Last updated September 24 at 11:28 AM
These luxury townhouse apartments boast high ceilings, large walk-in closets, air conditioning, and stainless steel appliances. Amenities feature 24-hr gym, online portal, fire pit, and clubhouse. Close to the Capital Greenway Trail System.
Verified
1 Unit Available
River Haven
9310 River Haven Place
Raleigh, NC
2 Bedrooms
$985
918 sqft
3 Bedrooms
Ask
Last updated September 24 at 10:44 AM
Due to COVID-19 precautions, we are open from 10AM-4PM by appointment only until further notice.
Verified
12 Units Available
Columns at Wakefield
14114 Chriswick House Ln
Raleigh, NC
1 Bedroom
$1,121
776 sqft
2 Bedrooms
$1,136
1097 sqft
3 Bedrooms
Ask
Last updated September 24 at 03:48 AM
Welcome home to the Columns at Wakefield Apartments! A peaceful and gated community within walking distance from great shopping and top employers, our apartments in North Raleigh are an oasis of tranquility amid a busy urban scene.
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Find an apartment for rent in Wake Forest, NC

Searching for an apartment for rent in Wake Forest, NC? Look no further! Apartment List will help you find a perfect apartment near you. There are 226 available rental units listed on Apartment List in Wake Forest. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The median rent in Wake Forest is $876 for a studio, $1,083 for a one-bedroom apartment, and $1,251 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Wake Forest apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust ApartmentList.com to help you find your next Wake Forest, NC apartment rental! After all, everyone deserves a home they love.
Frequently Asked Questions (FAQs)
Frequently Asked Questions
How much is rent in Wake Forest?
In Wake Forest, the median rent is $876 for a studio, $1,083 for a 1-bedroom, $1,251 for a 2-bedroom, and $1,630 for a 3-bedroom. For more information on rental trends in Wake Forest, check out our monthly Wake Forest Rent Report.
How much is rent in Wake Forest?
In Wake Forest, the median rent is $876 for a studio, $1,083 for a 1-bedroom, $1,251 for a 2-bedroom, and $1,630 for a 3-bedroom. For more information on rental trends in Wake Forest, check out our monthly Wake Forest Rent Report.
How can I find a cheap apartment in Wake Forest?
You can filter cheap apartments in Wake Forest by price: under $1,000, or search by apartments that are offering move-in specials.
How can I find a cheap apartment in Wake Forest?
You can filter cheap apartments in Wake Forest by price: under $1,000, or search by apartments that are offering move-in specials.
How can I find a pet-friendly apartment in Wake Forest?
You can use the pet-friendly filter to find Wake Forest apartments that allow pets.
How can I find a pet-friendly apartment in Wake Forest?
You can use the pet-friendly filter to find Wake Forest apartments that allow pets.
How can I tour apartments during the COVID-19 pandemic?
While some Wake Forest properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How can I tour apartments during the COVID-19 pandemic?
While some Wake Forest properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How much should I pay for rent in Wake Forest?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Wake Forest.
How much should I pay for rent in Wake Forest?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Wake Forest.
How can I find off-campus housing in Wake Forest?
You can use the off-campus housing filters to find apartments near colleges located in or around Wake Forest. Some of the colleges and universities in the area include Southeastern Baptist Theological Seminary, Meredith College, University of North Carolina at Chapel Hill, North Carolina State University at Raleigh, and Duke University.
How can I find off-campus housing in Wake Forest?
You can use the off-campus housing filters to find apartments near colleges located in or around Wake Forest. Some of the colleges and universities in the area include Southeastern Baptist Theological Seminary, Meredith College, University of North Carolina at Chapel Hill, North Carolina State University at Raleigh, and Duke University.

Median Rent in Wake Forest

Last updated Aug. 2020
The median rent for a 1 bedroom apartment in Wake Forest is $1,083, while the median rent for a 2 bedroom apartment is $1,251.
Studio
$876
1 Bed
$1,083
2 Beds
$1,251
3+ Beds
$1,630
City GuideWake 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

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

Read More
City GuideWake 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

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

September 2020 Wake Forest Rent Report

Welcome to the September 2020 Wake Forest Rent Report. Wake Forest rents increased 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 increase sharply over the past month

Wake Forest rents have increased 1.3% over the past month, and are up sharply by 6.7% in comparison to the same time last year. Currently, median rents in Wake Forest stand at $1,084 for a one-bedroom apartment and $1,251 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Wake Forest's year-over-year rent growth leads the state average of 0.5%, as well as the national average of 0.3%.

    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, 6 of them have seen prices rise. The state as a whole logged rent growth of 0.5% 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 $1,300; of the 10 largest cities in North Carolina that we have data for, Wilmington, Charlotte, and Raleigh, where two-bedrooms go for $939, $1,144, and $1,172, respectively, are the three major cities in the state to see rents fall year-over-year (-4.3%, -0.6%, and -0.4%).
    • Fayetteville, Durham, and Greenville have all experienced year-over-year growth above the state average (2.5%, 2.0%, and 1.7%, respectively).

    Wake Forest rents more affordable than many large cities nationwide

    As rents have increased sharply in Wake Forest, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Wake Forest is still more affordable than most large cities across the country.

    • Wake Forest's median two-bedroom rent of $1,251 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
    • While Wake Forest's rents rose sharply over the past year, some cities nationwide saw increases as well, including Phoenix (+1.7%) and Detroit (+0.8%).
    • Renters will find more reasonable prices in Wake Forest than most large cities. For example, San Francisco has a median 2BR rent of $2,956, which is more than twice 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.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Raleigh
    $1,010
    $1,170
    0.3%
    -0.4%
    Cary
    $1,120
    $1,300
    0.5%
    0
    Apex
    $1,160
    $1,350
    0.4%
    0.3%
    Wake Forest
    $1,080
    $1,250
    1.3%
    6.7%
    Garner
    $1,050
    $1,210
    1%
    3.1%
    Morrisville
    $1,200
    $1,400
    0.4%
    1%
    See More

    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.

    Read More

    September 2020 Wake Forest Rent Report

    Welcome to the September 2020 Wake Forest Rent Report. Wake Forest rents increased 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.

    View full Rent Report

    September 2020 Wake Forest Rent Report

    Welcome to the September 2020 Wake Forest Rent Report. Wake Forest rents increased 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 increase sharply over the past month

    Wake Forest rents have increased 1.3% over the past month, and are up sharply by 6.7% in comparison to the same time last year. Currently, median rents in Wake Forest stand at $1,084 for a one-bedroom apartment and $1,251 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Wake Forest's year-over-year rent growth leads the state average of 0.5%, as well as the national average of 0.3%.

      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, 6 of them have seen prices rise. The state as a whole logged rent growth of 0.5% 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 $1,300; of the 10 largest cities in North Carolina that we have data for, Wilmington, Charlotte, and Raleigh, where two-bedrooms go for $939, $1,144, and $1,172, respectively, are the three major cities in the state to see rents fall year-over-year (-4.3%, -0.6%, and -0.4%).
      • Fayetteville, Durham, and Greenville have all experienced year-over-year growth above the state average (2.5%, 2.0%, and 1.7%, respectively).

      Wake Forest rents more affordable than many large cities nationwide

      As rents have increased sharply in Wake Forest, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Wake Forest is still more affordable than most large cities across the country.

      • Wake Forest's median two-bedroom rent of $1,251 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
      • While Wake Forest's rents rose sharply over the past year, some cities nationwide saw increases as well, including Phoenix (+1.7%) and Detroit (+0.8%).
      • Renters will find more reasonable prices in Wake Forest than most large cities. For example, San Francisco has a median 2BR rent of $2,956, which is more than twice 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.

      City
      Median 1BR Rent
      Median 2BR Rent
      M/M Rent Growth
      Y/Y Rent Growth
      Raleigh
      $1,010
      $1,170
      0.3%
      -0.4%
      Cary
      $1,120
      $1,300
      0.5%
      0
      Apex
      $1,160
      $1,350
      0.4%
      0.3%
      Wake Forest
      $1,080
      $1,250
      1.3%
      6.7%
      Garner
      $1,050
      $1,210
      1%
      3.1%
      Morrisville
      $1,200
      $1,400
      0.4%
      1%
      See More

      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.