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132 Apartments for rent in Wake Forest, NC

Last updated January 17 at 9:48am UTC
Ardmore Heritage
1747 Alexander Springs Ln
Wake Forest, NC
Updated January 17 at 4:24am UTC
1 Bedroom
$905
2 Bedrooms
$1,050
3 Bedrooms
$1,395
1304 Shirehall Park Lane
Wake Forest
Wake Forest, NC
Updated January 17 at 8:48am UTC
5 Bedrooms
$2,515
1231 Heritage Links Drive
Heritage
Wake Forest, NC
Updated January 17 at 9:48am UTC
3 Bedrooms
$1,795
2900 GROSS AVENUE
Wake Forest
Wake Forest, NC
Updated January 16 at 10:05am UTC
3 Bedrooms
$1,225
610 Wahlbrink Drive
Wake Forest
Wake Forest, NC
Updated January 17 at 9:13am UTC
3 Bedrooms
$1,250
4439 Middletown Drive
Wake Forest
Wake Forest, NC
Updated January 17 at 9:13am UTC
3 Bedrooms
$1,350
429 Triumph Lane
Wake Forest
Wake Forest, NC
Updated January 17 at 9:13am UTC
3 Bedrooms
$1,700
908 Clatter Avenue
Wake Forest
Wake Forest, NC
Updated January 17 at 9:13am UTC
5 Bedrooms
$1,875
1112 Heritage Greens Drive
Heritage
Wake Forest, NC
Updated January 17 at 9:13am UTC
3 Bedrooms
$1,845
429 Pearce Avenue
Northeast
Wake Forest, NC
Updated January 17 at 9:13am UTC
3 Bedrooms
$1,175
365 Hammond Oak Lane
Wake Forest
Wake Forest, NC
Updated January 17 at 9:13am UTC
3 Bedrooms
$1,800
1601 Highpoint Street
Wake Forest
Wake Forest, NC
Updated January 17 at 9:13am UTC
4 Bedrooms
$1,950
2704 Bardeen Ct
Wake Forest
Wake Forest, NC
Updated January 16 at 10:06am UTC
1 Bedroom
$1,000
766 Parkside Townes Ct
Heritage
Wake Forest, NC
Updated January 16 at 10:06am UTC
2 Bedrooms
$1,375
725 Wallridge Drive
Wake Forest
Wake Forest, NC
Updated January 16 at 10:06am UTC
3 Bedrooms
$1,450
8034 Hogan Drive
Wake Forest
Wake Forest, NC
Updated January 16 at 10:06am UTC
4 Bedrooms
$2,100
421 Winter Wheat Ln
Wake Forest
Wake Forest, NC
Updated January 16 at 8:32am UTC
3 Bedrooms
$1,795
882 Drogheda Pl
Wake Forest
Wake Forest, NC
Updated January 16 at 8:32am UTC
3 Bedrooms
$1,675
334 Amherst Creek Dr
Wake Forest
Wake Forest, NC
Updated January 16 at 8:32am UTC
3 Bedrooms
$1,275
821 Stackhurst Way
Wake Forest
Wake Forest, NC
Updated January 16 at 8:32am UTC
3 Bedrooms
$1,475
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

January 2019 Wake Forest Rent Report

Welcome to the January 2019 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.

View full Wake Forest Rent Report
Rent Report
Wake Forest

January 2019 Wake Forest Rent Report

Welcome to the January 2019 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 decline sharply over the past month

Wake Forest rents have declined 4.3% over the past month, and are down significantly by 2.8% in comparison to the same time last year. Currently, median rents in Wake Forest stand at $1,000 for a one-bedroom apartment and $1,160 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in October. Wake Forest's year-over-year rent growth lags the state average of 2.0%, as well as the national average of 0.9%.

Rents rising across cities in North Carolina

While rent decreases have been occurring in the city of Wake Forest over the past year, cities in the rest of the state are seeing the opposite trend. Rents have risen in all of the largest 10 cities in North Carolina for which we have data. The state as a whole logged rent growth of 2.0% 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 $1,240; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Wilmington experiencing the fastest growth (+5.3%).
  • High Point, Durham, and Cary have all experienced year-over-year growth above the state average (5.3%, 3.6%, and 2.9%, respectively).

Wake Forest rents more affordable than many large cities nationwide

As rents have fallen significantly in Wake Forest, many large cities nationwide have seen prices increase, in some cases substantially. Wake Forest is also more affordable than most large cities across the country.

  • Wake Forest's median two-bedroom rent of $1,160 is slightly below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 2.8% decline in Wake Forest.
  • While rents in Wake Forest fell significantly over the past year, many cities nationwide saw increases, including Phoenix (+3.3%), New York (+2.7%), and Denver (+2.5%).
  • Renters will find more reasonable prices in Wake Forest than most large cities. For example, San Francisco has a median 2BR rent of $3,090, 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.