Last updated on September 4, 2026

Average rent in
Wake Forest, NC

Key takeaways for renters

  • The bottom line

    Wake Forest, NC rent slipped 6.6% year over year to a current median of $2,050/month. Renters pay $3 less per month than last year, with a month-over-month increase of 1.0%.

  • Wake Forest rent runs 7.3% more expensive than the $1,910/month national median, placing it slightly above average in cost among U.S. metros with 146 total rentals available.

  • Rent ranges by bedroom

    Studio rents in Wake Forest are $2,200/month, 1-bedrooms are $1,250/month, and 4+ bedrooms command a median of $2,595/month. The 3-bedroom segment, which makes up 51.9% of rentals, rents at $1,948/month.

  • Neighborhood spotlight

    The 4+ bedroom segment in Wake Forest rose 3.7% year over year, diverging from the citywide decline of 6.6%. This segment's increase contrasts with the overall market trend and shows variation within the city's rental market.

Median rent

Median rent in Wake Forest

$2,050/mo

decreased by7%

vs previous year

The average rent in Wake Forest is $2,050 per month as of August 2026. This is 7% above the national average rent, or $140 more per month.

$1.10

average price per square foot

Total rentals

Available rentals in Wake Forest

146

for rent on Zumper.com as of August 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 increased by 1% 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 $1,492, whereas a house costs $2,100. 1-bedroom apartments in Wake Forest run $1,295 on average, while 2-bedroom apartments are $1,495.

Listings

Studio

$2,200

4%

100%

1 bedroom

$1,250

No Change

4%

2 bedroom

$1,470

5%

2%

3 bedroom

$1,947

No Change

4%

4 bedroom

$2,595

5%

5%

Studio

Average rent

$2,200

Last 30 days

4%

Last year

100%

1 bedroom

Average rent

$1,250

Last 30 days

No Change

Last year

4%

2 bedroom

Average rent

$1,470

Last 30 days

5%

Last year

2%

3 bedroom

Average rent

$1,947

Last 30 days

No Change

Last year

4%

4 bedroom

Average rent

$2,595

Last 30 days

5%

Last year

5%

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 by7%

higher than the national median

Median rent price$2,195
increased by15%

higher than the national median

Takeaway

The median rent for all rentals in Wake Forest, NC is 7% lower than the median rent in Apex, NC.

Discover rentals in Wake Forest, NC

618 Market Grove Dr #100 - Photo 1 of 1

5d+ ago

Townhouse for rent in Wake Forest

2 beds

2.5 baths

$950

House for rent

Available Aug 17

3012 Durham Rd - Photo 1 of 1

20m ago

House for rent in Wake Forest

House for rent

706 N White St - Photo 1 of 1

5d+ ago

House for rent in Wake Forest

House for rent

1500 River Mill Dr #312 - Photo 1 of 1

5d+ ago

Condo for rent in Wake Forest

Residential Lease, Wake Forest, NC

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

3 beds

2 baths

$1,495

Condo 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 $2,050 per month as of August 29, 2026.

Is rent up or down in Wake Forest?

Average rent prices in Wake Forest have increased by 1% 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 7% above the national average, which means renters are paying approximately $140 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?

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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