Average Rent in Wake Forest, NC
18 apartment buildings, 374 units. Daily asking prices with rent history for every building.
Browse apartments in Wake Forest, NCCheapest
$1,164/mo
The Pointe at Heritage
Properties
18
tracked daily
Units
374
available now
Wake Forest, NC Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 18 properties in Wake Forest, NC.
Average rent trend, last 2 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Wake Forest, NC Rent Prices
All 18 properties ranked by lowest available rent.
The Pointe at Heritage
1747 Alexander Springs Ln, Wake Forest, NC 27587, USA
North Forest Apartments
835 Stadium Dr, Wake Forest, NC 27587, USA
Caveness Farms Apartments
1760 Pasture Walk Dr, Wake Forest, NC 27587, USA
Bexley at Heritage
916 Sugar Gap Road, Wake Forest, NC 27587, USA
Capital Creek at Heritage Apartments
1910 Capital Creek Dr, Wake Forest, NC 27587, USA
Aston Apartments
1524 Woodfield Creek Dr, Wake Forest, NC 27587, USA
Encore at Heritage
1891 S Franklin St, Wake Forest, NC 27587, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | The Pointe at Heritage 1747 Alexander Springs Ln, Wake Forest, NC 27587, USA | $1,164 | $1,417 | $1.61/ft² | 4.7 (249) | 16 |
| 2 | North Forest Apartments 835 Stadium Dr, Wake Forest, NC 27587, USA | $1,191 | $1,394 | $1.79/ft² | 4.2 (49) | 6 |
| 3 | Caveness Farms Apartments 1760 Pasture Walk Dr, Wake Forest, NC 27587, USA | $1,220 as of Sep 29 | $1,490 | $1.31/ft² | 4.6 (224) | 44 |
| 4 | Bexley at Heritage 916 Sugar Gap Road, Wake Forest, NC 27587, USA | $1,229 | $1,417 | $1.31/ft² | 4.1 (74) | 15 |
| 5 | Capital Creek at Heritage Apartments 1910 Capital Creek Dr, Wake Forest, NC 27587, USA | $1,233 | $1,489 | $1.33/ft² | 4.5 (56) | 14 |
| 6 | Aston Apartments 1524 Woodfield Creek Dr, Wake Forest, NC 27587, USA | $1,255 | $1,485 | $1.37/ft² | 4.3 (360) | 20 |
| 7 | Encore at Heritage 1891 S Franklin St, Wake Forest, NC 27587, USA | $1,265 | $1,530 | $1.82/ft² | 4.6 (92) | 22 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
The Pointe at Heritage
4.7 (249)1747 Alexander Springs Ln, Wake Forest, NC 27587, USA
North Forest Apartments
4.2 (49)835 Stadium Dr, Wake Forest, NC 27587, USA
Caveness Farms Apartments
4.6 (224)1760 Pasture Walk Dr, Wake Forest, NC 27587, USA
Bexley at Heritage
4.1 (74)916 Sugar Gap Road, Wake Forest, NC 27587, USA
Capital Creek at Heritage Apartments
4.5 (56)1910 Capital Creek Dr, Wake Forest, NC 27587, USA
Aston Apartments
4.3 (360)1524 Woodfield Creek Dr, Wake Forest, NC 27587, USA
By Area
Wake Forest, NC neighborhoods
Tracked buildings across 1 named neighborhoods. Pick one to see its apartments.
Wake Forest, NC Average Rent Prices 2026
The average rent in Wake Forest, NC is $1,734 per month, based on 374 units across 18 apartment communities. Prices range from $1,164 at The Pointe at Heritage to $2,524 at Meridian at Rogers Branch.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,410/mo | $1,164/mo | 105 |
| 2 Bed | $1,774/mo | $1,309/mo | 209 |
| 3 Bed | $2,162/mo | $1,676/mo | 60 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Wake Forest, NC, and what they pay
Tracked one-bedroom rent in Wake Forest, NC averages $1,410/mo, with two-bedroom units averaging $1,774/mo. At the local median household income of $120,777, that works out to 17% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Wake Forest, NC at $1,458/mo. The current tracked market average runs 19% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Wake Forest, NC while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Wake Forest, NC?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$69,000/year
Based on the 30 percent rule, using our tracked average rent of $1,734/mo.
Comfortable income
$83,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,164/mo), you need to earn at least $47,000/year.
Median household income in Wake Forest, NC is $120,777 , about 45% above the comfortable-living threshold.
Cost of living in Wake Forest, NC
Overall prices in Wake Forest, NC runs below the national average by about 2% (BEA Regional Price Parity index 98.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Wake Forest, NC's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,734 |
| Utilities | $447 |
| Groceries | $523 |
| Transportation | $1,066 |
| Healthcare | $520 |
| Other goods and services | $832 |
| Estimated total | $5,122/mo |
Population
51,199
Median household income
$120,777
Census median rent
$1,458/mo
Census rent burden
24.7%
Median age
38.8
Mean commute
31 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in North Carolina
How Wake Forest, NC rent compares to other markets in the state.
| City | Avg Rent | vs Wake Forest, NC | 30-Day Change | Properties |
|---|---|---|---|---|
| Charlotte, NC | $2,055 | +19% | -1.9% | 88 |
| Raleigh, NC | $1,626 | -6% | -7% | 32 |
| Cary, NC | $1,956 | +13% | -4.9% | 31 |
| Morrisville, NC | $1,821 | +5% | -3.4% | 25 |
| Concord, NC | $1,514 | -13% | -7.7% | 24 |
| Asheville, NC | $1,889 | +9% | -3.1% | 22 |
Frequently asked questions
What is the average rent in Wake Forest, NC?
The average rent in Wake Forest, NC is $1,734 per month, based on 374 units across 18 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Wake Forest, NC?
The median asking rent in Wake Forest, NC is $1,738 per month, computed from 374 live listed units and refreshed daily. The average is $1,734/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Wake Forest, NC?
The lowest available rent in Wake Forest, NC starts at $1,164 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Wake Forest, NC?
1-bedroom apartments in Wake Forest, NC average $1,410/mo. The lowest listed 1-bedroom starts at $1,164/mo across 105 units tracked.
How much is a 2-bedroom apartment in Wake Forest, NC?
2-bedroom apartments in Wake Forest, NC average $1,774/mo. Units start from $1,309/mo across 209 units currently listed.
Rent Trends in Wake Forest, NC
Track how apartment prices are changing over time.
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