Last updated on June 5, 2026

Average rent in
Wake Forest, NC

Key takeaways for renters

  • The bottom line

    Wake Forest, NC rent slipped modestly year over year, with a current median of $2,050/month. Month-to-month rents are broadly flat, showing little change from last month.

  • Wake Forest runs 5.1% more expensive than the $1,950/month national median, positioning it as a moderately priced market with a total of 141 rentals available.

  • Rent ranges by bedroom

    Studios in Wake Forest rent for $2,300/month, 1-bedrooms for $1,400/month, 2-bedrooms for $1,595/month, 3-bedrooms for $1,990/month, and 4+ bedrooms for $2,455/month. Rent increases with bedroom count across the market.

Median rent

Median rent in Wake Forest

$2,050/mo

decreased by1%

vs previous year

The average rent in Wake Forest is $2,050 per month as of June 2026. This is 5% above the national average rent, or $100 more per month.

$1.19

average price per square foot

Total rentals

Available rentals in Wake Forest

141

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Wake Forest rentals at each price point

90%68%45%23%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 remained the same 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 $1,510, whereas a house costs $2,100. 1-bedroom apartments in Wake Forest run $1,325 on average, while 2-bedroom apartments are $1,544.

Listings

Studio

$2,300

No Change

109%

1 bedroom

$1,400

1%

6%

2 bedroom

$1,595

11%

12%

3 bedroom

$1,990

3%

4%

4 bedroom

$2,455

1%

3%

Studio

Average rent

$2,300

Last year

109%

1 bedroom

Average rent

$1,400

Last 30 days

1%

Last year

6%

2 bedroom

Average rent

$1,595

Last 30 days

11%

Last year

12%

3 bedroom

Average rent

$1,990

Last 30 days

3%

Last year

4%

4 bedroom

Average rent

$2,455

Last 30 days

1%

Last year

3%

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$2,050
increased by5%

higher than the national median

Median rent price$2,150
increased by10%

higher than the national median

Takeaway

The median rent for all rentals in Wake Forest, NC is 5% lower than the median rent in Apex, NC.

Discover rentals in Wake Forest, NC

19h ago

8.3

Very good

103 Water Ave

103 Water Ave, Wake Forest, NC 27587

3 beds

1 bath

$1,500

Apartment for rent

1500 River Mill Dr #312 - Photo 1 of 1

5d+ ago

Condo for rent in Wake Forest

CONDOS - Wake Forest, NC

1500 River Mill Dr #312, Wake Forest, NC 27587

3 beds

2 baths

$1,595

Condo for rent

428 N Allen Rd - Photo 1 of 1

4d ago

House for rent in Wake Forest

3 beds

2.5 baths

$1,750

$1,650

Price drop

House for rent

426 N Allen Rd - Photo 1 of 1

4d ago

House for rent in Wake Forest

3 beds

2.5 baths

$1,750

$1,650

Price drop

House for rent

Stay up to date with rental market insights

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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 $2,050 per month as of June 4, 2026.

Is rent up or down in Wake Forest?

Average rent prices in Wake Forest have remained the same 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 5% above the national average, which means renters are paying approximately $100 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 $82,000/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?

Wake Forest, North Carolina rental prices in 2025 show one-bedroom apartments averaging around $1,300 per month, while two-bedroom units rent for around $1,500 monthly. Both bedroom types experienced price decreases from the previous year, with one-bedrooms down 7.4% and two-bedrooms declining 10.1%.

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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