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Updated 5+ Days Ago
Highlights
Pet Friendly
Location
531 Elm Ave, Wake Forest, NC 27587, USA
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Property management
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Less expensive
- More space
Great for
Pet owners
Amenities for 531 Elm Ave
Features
| Balcony | Fireplace |
| Hardwood Floor | Walk-in Closet |
Community
| Cats OK | Dogs OK |
Grounds
| Bike Paths | Storage |
Services
| Package Service |
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
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Building details
Property details
| Lease terms | 12+ months |
|---|
About 531 Elm Ave
Three bedroom townhome near Historic Downtown Wake Forest. Hardwood floors in Lr & Dr. Gas log fireplace & media nook in living room. Guest bath w/ glass vessel sink. Open floor plan. Huge eat-in kitchen with doors leading to private patio. Each bedroom w/ it's own private bath. Ample closets and walk in storage on 3rd floor. Amazing location off of S. Franklin with nice sidewalks and bike trail. Walking distance to Downtown Wake Forest. Pet ok with pet fee and monthly pet rent. Move-in cost: Rent is $1795. Deposit is $1795. Administration fee is $100. Monthly Resident Benefits Package is $35. Photos and videos are provided at the agents discretion, for purposes of advertising only and may not be an accurate depiction of the current appearance and/or condition of the rental property. Pet Friendly. Provided by rentalsource com
Lease Terms
Lease term: 12 months.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 531 Elm Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.9 miles away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- More space
- The 3-bedroom is 223 sqft larger than other listings nearby
- Balcony
- Easy access to the outdoors
- Extra storage
- In-unit features
- Fireplace
- In-unit features
- Images Available
- There are at least 10 photos of this property
- Package service
- More secure storage for delivery
Address details
| Zip code | 27587 |
|---|---|
| Type | House for rent |
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4204 Ginger Sprout Dr #1
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Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.10920 Farmville Rd, Raleigh, NC, 27614
Our team has verified this company10920 Farmville Rd
3 Beds
$2,030
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.506 Tyler Run Dr, Wake Forest, NC, 27587
Our team has verified this company506 Tyler Run Dr
3 Beds
$1,870
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.616 Groveton Trl, Wake Forest, NC, 27587
Our team has verified this company616 Groveton Trl
3 Beds
$1,715
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.2611 Moonbow Trl
3 Beds
$1,970–$3,300
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.10945 Pendragon Pl
3 Beds
$1,695
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4509 Middletown Dr
3 Beds
$1,645
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.523 E Nelson Ave
3 Beds
$1,700
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.4204 Ginger Sprout Dr #1
3 Beds
$1,595
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Rent trends in Wake Forest
3-bedroom apartments at 531 Elm Ave cost about 6% less than the average rent price for 3-bedroom apartments in Wake Forest.
Median rents as of Oct 31 2026.
Wake Forest
| Month | Median Rent |
|---|---|
| November 2024 | $1,966 |
| 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 |
| July 2026 | $1,960 |
| August 2026 | $1,950 |
| September 2026 | $1,926 |
| October 2026 | $1,906 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 months ago | $1,795 |
Schools near 531 Elm Ave
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
Neighborhood
Getting around Wake Forest near 531 Elm Ave
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 531 Elm Ave, Wake Forest
Groceries
5/10
Variety of groceries within a short drive
Shopping
6/10
Variety of shops within a short drive
Cafes
5/10
Variety of cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some 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
6/10
Variety of bars within a short drive
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