15 Hours Ago
Highlights
Zero Deposit
Location
278 Hill Street, Wake Forest, North Carolina 27587, United States
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Historical Home, 2 Bed, In Downtown Wake Forest, Available Now!
Real Property Management Excellence
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Amenities for 278 Hill Street
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Refrigerator | Washer and Dryer |
Building
| Dogs OK |
Grounds
| Assigned Parking | Outdoor Space |
| Yard |
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
Allowed
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
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About 278 Hill Street
Royal Cotton Mill Ranch, originally built in 1905 and recently renovated. This quaint property is near everything that is Wake Forest, yet offers a quiet, off-the-beaten-path feel. Love the bright kitchen and cozy living room with hard surface floors for some of the original charm, living room w/decorative vintage fireplace. Renovations include fully equipped eat-in kitchen, flooring, interior paint, central HVAC & water heater (3-5yr), as well as a washer and dryer. The main bedroom connects to the full bathroom, 2nd bedroom can also be perfect home office or nursery. Self-tour 8am-8pm, every day w/min hold via card. Agents contact us. In-person showings available within office hours w/48 hr notice. All Real Property Management Excellence residents are enrolled in the Resident Benefits Package (RBP) for $50/month which includes liability insurance, credit building rent payment reporting, Air filter delivery (for applicable properties), concierge utility connection service, on-demand interior insect control, and resident rewards program. 12 or 24 month lease, security deposit and lease administration fee applies. This home has security deposit free option for qualified applicants via Obligo! AVOID RENTAL SCAMS: Real Property Management Excellence is a licensed Real Estate Agency that exclusively markets and represents this listing. No appliances are for sale. We do not advertise on. We would never ask you to wire money, request funds through a payment app for initial rent, deposits, or take the key after your showing to move-in. - 2 Bedrooms - 1 Bathrooms - Fully Equipped Eat-In Kitchen - Kitchen w/Wood Cabinets - Kitchen w/Corian Countertops - Kitchen w/All White Appliances - Kitchen w/Pantry - Living Room - Bedroom 1 - Bed #1 w/Large Closet - Bed # 1 w/Fan - Full Bathroom w/WC - Bedroom 2 - Bed #2 w/Large Closet - Bed #2 w/Fan - Bed #2 w/Storage - Indoor Storage w/Water Heater - Laundry w/Washer & Dryer - Flooring: Laminate wood, vinyl - Upgraded Lighting - Built 1905 - Covered Porch "as is" - Fenced Yard "as is" - HVAC Central - Heating (electric) - Enclosed Veranda "as is" - Driveway "as is" - 2 Cars (max) - Security System (excluded) Rental Terms: 1 year lease (min). Application fee: $70/person 18+, Income min 3x rent, 640+,*590-639 conditions apply, employment & rental ~3yrs, application must be complete to be considered. Residence to pre-approved for housing vouchers. Animals: non aggressive, mature dogs or cats under 50 pounds, max 2, subject to professional pet screening. No smoking and no satellite dish allowed. Leasing fee $250, RBP ~$50/mo, rent & security 1 mo (min). Utilities, security, fireplace and yard maintenance excluded. All fees are non-refundable. Insurance & utility transfer confirmation is required prior to access/keys. Real Property Management Excellence resident services include: access to online payments options, maintenance portal, and move-in/out for your peace of mind. Disclosure: Verify advertising for applicable restrictions (animals, parking, occupancy); Real Property Management Excellence requires the use of a professional pet screening service for all applicants, additional documentation required, charges vary per screening result (fees, security, rent); pictures may not reflect occupancy; additional information must be submitted for review and approval.
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 278 Hill Street compares to other nearby properties.
Positives
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 27587 |
|---|---|
| Type | House for rent |
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Rent trends in Wake Forest
2-bedroom apartments at 278 Hill Street cost about 4% less than the average rent price for 2-bedroom apartments in Wake Forest.
Median rents as of Dec 13 2025.
Wake Forest
| Month | Median Rent |
|---|---|
| December 2023 | $1,740 |
| January 2024 | $1,769 |
| February 2024 | $1,818 |
| March 2024 | $1,768 |
| April 2024 | $1,743 |
| May 2024 | $1,733 |
| June 2024 | $1,703 |
| July 2024 | $1,671 |
| August 2024 | $1,605 |
| September 2024 | $1,610 |
| October 2024 | $1,713 |
| November 2024 | $1,689 |
| December 2024 | $1,596 |
| January 2025 | $1,631 |
| February 2025 | $1,596 |
| March 2025 | $1,491 |
| April 2025 | $1,432 |
| May 2025 | $1,459 |
| June 2025 | $1,492 |
| July 2025 | $1,463 |
| August 2025 | $1,517 |
| September 2025 | $1,495 |
| October 2025 | $1,500 |
| November 2025 | $1,439 |
| December 2025 | $1,452 |
Affordability calculator
Can I afford to live at 278 Hill Street?
Bedrooms
2 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
$55,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,800 annually to afford this 2-bedrooms monthly rent price of $1,395.
For more information on rent affordability, visit our rent calculator.
Schools near 278 Hill Street
Heritage Elementary School
3500 rogers rd
wake forest, NC, 27587
PK, K-5Public
A
Mount Vernon Middle School
5418 chapel hill rd
raleigh, NC, 27607
K-8Public
C+
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Internet available near 278 Hill Street
Getting around Wake Forest near 278 Hill Street
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 278 Hill Street, Wake Forest
Groceries
1/10
There are no general grocery stores within a 30-minute walk.
Shopping
3/10
Some fashion stores are within walking distance.
Cafes
2/10
Few cafés are within walking distance.
Restaurants
4/10
Some restaurants are within walking distance.
Primary schools
9/10
At least one elementary school within a 5-to-10-minute walk.
High schools
3/10
The closest high school is within a 20-to-30-minute walk.
Parks
7/10
Few parks in the area.
Nightlife
1/10
The closest bar is within a 30-minute walk.
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