5+ Days Ago
Highlights
- Dishwasher
- Hardwood floors
- Air conditioning
- Balcony
- Central heat
- Heat
Location
505 Elm Ave #505, Wake Forest, NC 27587, USA
Tour 505 Elm Ave #505
Contact
Krystal Kramer
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Amenities for 505 Elm Ave #505
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Assigned Parking |
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 505 Elm Ave #505
This is a ROOM for RENT in a 3 bedroom, 2.5 bathroom townhouse in downtown Wake Forest. Owner Seeking responsible, clean, and respectful roommate who values a peaceful and inclusive home environment. Current occupants include landlord and one tenant. Available room will have private lock and share bathroom with the other tenant. Amenities included: balcony, central air, central heat, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, and washer dryer. Utility fee $100 includes : cable, electricity, heat, gas, internet, air conditioning and water. Is not pet friendly. Date Available: Mar 14th 2026. $675/month rent, plus $100 for utilities. $300 security deposit required. Please submit the form on this page or contact Krystal Kramer at 919-539-5376 to learn more. This property is managed by a responsible landlord using Avail landlord software.
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 505 Elm Ave, Wake Forest, NC 27587, USA compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
- Elementary school nearby
- There is an elementary school 1 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 27587 |
|---|---|
| Type | Room for rent |
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Rent trends in Wake Forest
3-bedroom apartments at 505 Elm Ave #505 cost about 65% less than the average rent price for 3-bedroom apartments in Wake Forest.
Median rents as of Mar 14 2026.
Wake Forest
| Month | Median Rent |
|---|---|
| March 2024 | $2,021 |
| April 2024 | $2,098 |
| May 2024 | $2,080 |
| June 2024 | $1,999 |
| 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 | $1,950 |
Affordability calculator
Can I afford to live at 505 Elm Ave #505?
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
$27,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $27,000 annually to afford this 3-bedrooms monthly rent price of $675.
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 years ago | $1,650 | 3 bed | 2.5 bath |
Schools near 505 Elm Ave #505
Wake Forest Elementary School
136 w sycamore ave
wake forest, NC, 27587
PK, K-5Public
B+
Beaverdam Elementary School
3591 tarheel club rd
raleigh, NC, 27604
PK, K-5Public
B-
Barton Pond Elementary
12004 strickland rd
raleigh, NC, 27613
PK, K-5Public
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 505 Elm Ave #505
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Wake Forest near 505 Elm Ave #505
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 505 Elm Ave #505, Wake Forest
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Other units at this address
505 Elm Ave, Wake Forest, NC
505 Elm Ave Wake Forest, NC
Occupied
3 Beds, 2.5 Baths
3 Beds
2.5 Baths
$1,650
In-Unit Laundry • Carpet
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