5+ Days Ago
Highlights
- Urban style living
- No smoking
- Energy efficiency
Location
1500 River Mill Dr #312, Wake Forest, NC 27587, USA
Tour 1500 River Mill Dr #312
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Amenities for 1500 River Mill Dr #312
Features
| 2 Floors | Carpet |
| Central Air | Hardwood Floor |
| High Ceilings |
Appliances
| Dishwasher |
Grounds
| 2 Parking Spaces |
Other
| Heat Pump Heating | Six Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 1500 River Mill Dr #312
Property Status: Active Available for immediate move in. Newly refinished maple hardwoods and 2 foot thick granite walls throughout the main level in this Historic River Mill 3 bedroom, 2 story condo on the Neuse River and next to Falls Lake. Enjoy urban style living in this nature lover's setting with daylight pouring through the 9 foot tall windows. The 1st floor bedroom is great for an office or studio. Spiral stairs lead to 2 more bedrooms and the additional full bath on the 2nd floor. A newer HVAC system and windows improve energy efficiency. Permit 2 adult pets with $300 pet fee. No smoking permitted. Office Phone: (919) 783-1855 Copyright © 2026 Doorify MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1500 River Mill Dr, Wake Forest, NC 27587, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
- High school nearby
- There is a high school 1 mile away
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Walk-in closet
- Rentals here may include more closet space than average
Address details
| Zip code | 27587 |
|---|---|
| Type | Condo for rent |
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Rent trends in Wake Forest
3-bedroom apartments at 1500 River Mill Dr #312 cost about 20% less than the average rent price for 3-bedroom apartments in Wake Forest.
Median rents as of Jun 13 2026.
Wake Forest
| Month | Median Rent |
|---|---|
| June 2024 | $1,995 |
| July 2024 | $2,026 |
| August 2024 | $2,039 |
| September 2024 | $2,046 |
| October 2024 | $2,022 |
| November 2024 | $1,978 |
| December 2024 | $1,955 |
| January 2025 | $1,939 |
| February 2025 | $1,943 |
| March 2025 | $1,955 |
| April 2025 | $1,968 |
| May 2025 | $1,997 |
| June 2025 | $2,023 |
| July 2025 | $2,023 |
| August 2025 | $2,015 |
| September 2025 | $2,022 |
| October 2025 | $2,000 |
| November 2025 | $1,938 |
| December 2025 | $1,895 |
| January 2026 | $1,937 |
| February 2026 | $1,950 |
| March 2026 | $1,960 |
| April 2026 | $1,990 |
| May 2026 | $1,995 |
| June 2026 | $1,995 |
Affordability calculator
Can I afford to live at 1500 River Mill Dr #312?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$63,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $63,800 annually to afford this 3-bedrooms monthly rent price of $1,595.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $1,495 | 2 bed | 2 bath | ||
| 4 months ago | $1,750 | 3 bed | 2 bath | ||
| 5 months ago | $1,750 | 3 bed | 2 bath | ||
| 5 months ago | $1,495 | 2 bed | 2 bath | ||
| 1 year ago | $1,800 | 1 bed | 1.5 bath | ||
| 1 year ago | $1,800 | 3 bed | 2 bath | ||
| 1 year ago | $1,750 | 1 bed | 1.5 bath | ||
| 2 years ago | $1,480 | 2 bed | 2 bath | ||
| 2 years ago | $1,600 | 2 bed | 2 bath |
Schools near 1500 River Mill Dr #312
Wakefield Elementary School
2400 wakefield pines dr
raleigh, NC, 27614
PK, K-5Public
B+
Barton Pond Elementary
12004 strickland rd
raleigh, NC, 27613
PK, K-5Public
Beaverdam Elementary School
3591 tarheel club rd
raleigh, NC, 27604
PK, K-5Public
B-
Rogers Lane Elementary
201 north rogers ln
raleigh, NC, 27610
PK, K-5Public
C+
Governor Morehead School for the Blind
303 ashe ave
raleigh, NC, 27606
K-12Public
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Internet available near 1500 River Mill Dr #312
Getting around Wake Forest near 1500 River Mill Dr #312
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1500 River Mill Dr #312, Wake Forest
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
1/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
2/10
At least one elementary school within a 30-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
1/10
Few or no bars within walking distance
Other units at this address
1500 River Mill Dr, Wake Forest, NC
1500 River Mill Dr Wake Forest, NC
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1 Bed
1 Bath
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1 Bed
1 Bath
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Dishwasher • On-Site Laundry • In-Unit Laundry • Air Conditioning
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1 Bed
2 Baths
$1,800
Carpet • Furnished • High Ceilings
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113
2 Beds
2 Baths
$1,200
High Ceilings • Hardwood Floor
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202
2 Beds
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$1,350
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