Last updated on October 19, 2026

Average rent in
Wake Forest, NC

Key takeaways for renters

  • The bottom line

    Wake Forest, NC rent slipped 6.5% year over year, with a current median of $2,010/month. Renters today are paying $51 less per month on average than last year, continuing a downward trend since the peak of $2,200/month in August 2025.

  • Wake Forest runs 5.8% more expensive than the $1,900/month national median, positioning it as a moderately priced market with 147 total rentals available for choice.

  • Price ranges

    Studios in Wake Forest rent for around $2,000/month, 1-bedrooms at $1,295/month, 2-bedrooms at $1,435/month, 3-bedrooms at $1,900/month, and 4+ bedrooms at $2,478/month. The 1-bed segment is smaller in inventory at 9.9% of total rentals. $2,000/month is the median for studios, the smallest segment.

  • Neighborhood spotlight

    The 1 Bed bedroom segment in Wake Forest, NC climbed 5.6% year over year, diverging from the citywide decline of 6.5%. This indicates a distinct upward trend for smaller units despite the overall market softening.

Median rent

Median rent in Wake Forest

$2,010/mo

decreased by7%

vs previous year

The average rent in Wake Forest is $2,010 per month as of October 2026. This is 6% above the national average rent, or $110 more per month.

$1.14

average price per square foot

Total rentals

Available rentals in Wake Forest

147

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Wake Forest rentals at each price point

80%60%40%20%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 7% 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 $1,400, whereas a house costs $2,145. 1-bedroom apartments in Wake Forest run $1,358 on average, while 2-bedroom apartments are $1,400.

Listings

Studio

$2,000

1%

-

1 bedroom

$1,295

2%

9%

2 bedroom

$1,435

2%

3%

3 bedroom

$1,900

1%

3%

4 bedroom

$2,477

2%

No Change

Studio

Average rent

$2,000

Last 30 days

1%

1 bedroom

Average rent

$1,295

Last 30 days

2%

Last year

9%

2 bedroom

Average rent

$1,435

Last 30 days

2%

Last year

3%

3 bedroom

Average rent

$1,900

Last 30 days

1%

Last year

3%

4 bedroom

Average rent

$2,477

Last 30 days

2%

Last year

No Change

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$2,010
increased by6%

higher than the national median

Median rent price$2,189
increased by15%

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

Cozy and Renovated 2 Bed 1 Bath Apartments in the Heart of Wake Forest! - Photo 1 of 1

1h ago

8.6

Very good

2 beds

1 bath

$1,199

N Taylor St #716 - Photo 1 of 1

4d ago

Townhouse for rent in Wake Forest

North Taylor Street - 716

N Taylor St #716, Wake Forest, NC 27587

2 beds

2 baths

$1,200

Price dropped $100
618 E Pine Ave - Photo 1 of 1

5d+ ago

Apartment for rent in Wake Forest

2 beds

2 baths

$1,250

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.
322 E Perry Ave - Photo 1 of 1

5d+ ago

House for rent in Wake Forest

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 $2,010 per month as of October 17, 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 7% since last year.

How does Wake Forest rent compare to the national average?

Rent in Wake Forest is 6% above the national average, which means renters are paying approximately $110 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 $80,000/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?

December offers the lowest rents in Wake Forest with approximately 7% savings compared to August's peak prices. September and November also see less competitive conditions with lower demand relative to available inventory.

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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