Last updated on July 21, 2026

Average rent in
Wake Forest, NC

Key takeaways for renters

  • The bottom line

    Wake Forest, NC rent slipped 1.3% year over year, with a current median of $2,020/month. Renters today are paying $104 less per month on average than last year, with a month-over-month decline of 2.7%.

  • Wake Forest runs 3.9% more expensive than the $1,945/month national median, positioning it as a moderately priced market with 144 total rentals available.

  • Rent ranges by bedroom

    Studios in Wake Forest rent for $2,300/month, 1-bedrooms for $1,340/month, 2-bedrooms for $1,618/month, 3-bedrooms for $1,950/month, and 4+ bedrooms for $2,550/month. The bedroom tiers reflect a wide range of rental options for different household sizes.

Median rent

Median rent in Wake Forest

$2,020/mo

decreased by1%

vs previous year

The average rent in Wake Forest is $2,020 per month as of July 2026. This is 4% above the national average rent, or $75 more per month.

$1.14

average price per square foot

Total rentals

Available rentals in Wake Forest

144

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Wake Forest rentals at each price point

85%64%43%21%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Wake Forest, NC

Average rent prices in Wake Forest have decreased by 3% over the last month and have decreased by 1% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Wake Forest, NC

Rent prices in Wake Forest vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Wake Forest is $1,500, whereas a house costs $2,100. 1-bedroom apartments in Wake Forest run $1,375 on average, while 2-bedroom apartments are $1,525.

Listings

Studio

$2,300

No Change

109%

1 bedroom

$1,340

1%

5%

2 bedroom

$1,617

6%

15%

3 bedroom

$1,950

No Change

3%

4 bedroom

$2,550

2%

2%

Studio

Average rent

$2,300

Last year

109%

1 bedroom

Average rent

$1,340

Last 30 days

1%

Last year

5%

2 bedroom

Average rent

$1,617

Last 30 days

6%

Last year

15%

3 bedroom

Average rent

$1,950

Last 30 days

No Change

Last year

3%

4 bedroom

Average rent

$2,550

Last 30 days

2%

Last year

2%

The table above reflects average rent prices in Wake Forest, NC, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Wake Forest, NC compare to other cities?

Compare median rent prices in Wake Forest and Apex by all bedroom counts and property types.

Wake Forest

Median rent price$2,020
increased by4%

higher than the national median

Median rent price$2,197
increased by13%

higher than the national median

Takeaway

The median rent for all rentals in Wake Forest, NC is 8% lower than the median rent in Apex, NC.

Discover rentals in Wake Forest, NC

4d ago

7.7

Very good

103 Water Ave

103 Water Ave, Wake Forest, NC 27587

3 beds

1 bath

$1,500

Apartment for rent

834 N Taylor St - Photo 1 of 1

5d+ ago

House for rent in Wake Forest

834 N. Taylor St - Newly Updated Duplex! Available now!

834 N Taylor St, Wake Forest, NC 27587

3 beds

2 baths

$1,525

House for rent

Available May 10

706 N White St - Photo 1 of 1

5d+ ago

House for rent in Wake Forest

House for rent

1429 Solace Way - Photo 1 of 1

5d+ ago

Townhouse for rent in Wake Forest

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Wake Forest, NC

Quick answers to common questions about the Wake Forest rental market.

How much is rent in Wake Forest?

The average rent in Wake Forest is $2,020 per month as of July 18, 2026.

Is rent up or down in Wake Forest?

Average rent prices in Wake Forest have decreased by 3% over the last month and have decreased by 1% since last year.

How does Wake Forest rent compare to the national average?

Rent in Wake Forest is 4% above the national average, which means renters are paying approximately $75 more per month.

What salary do I need to afford rent in Wake Forest?

To comfortably afford rent in Wake Forest, you'd need to earn approximately $81,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Wake Forest?

Based on Zumper's July 2026 data, one-bedroom apartments in Wake Forest average around $1,270/month and two-bedrooms approximately $1,500/month.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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