Last updated October 6, 2026

Average Rent in Wake Forest, NC & Rent Trends

Rent prices and market trends across 15 apartment communities in Wake Forest, NC. Updated daily.

Beds All Bedrooms 1 Bed 2 Bed 3 Bed

Market Average

$1,410/mo

▼ 1.4% from last month

Lowest Available

$1,164/mo

cheapest unit on market

Communities

tracked daily

Units Listed

105

available now

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Is Rent Going Up or Down in Wake Forest, NC?

As of October 2026, the average rent in Wake Forest, NC is $1,410 per month across 15 apartment communities and 105 available units. Rents have decreased $19 (1.4%) over the past month.

The most affordable option is The Pointe at Heritage starting at $1,164/mo. By unit type, a 1-bedroom averages $1,410/mo.

Prices range from $1,164 to $1,840 per month. The most common price point is the $1,200 range, where 50 units are currently listed.

Wake Forest, NC Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
July 2026	$1,635	-	16
August 2026	$1,638	+$3	16
September 2026	$1,613	-$25	16
October 2026	$1,607	-$6	16

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Wake Forest, NC

1 Bed

$1,410

from $1,164 · 105 units

Rent Prices by Apartment in Wake Forest, NC

Property	Starting at	Average	Units	Rating
The Pointe at Heritage	$1,164/mo	$1,264/mo	9	4.7
North Forest Apartments	$1,191/mo	$1,202/mo	3	4.2
Bexley at Heritage	$1,229/mo	$1,229/mo	2	4.1
Capital Creek at Heritage Apartments	$1,233/mo	$1,321/mo	6	4.5
Aston Apartments	$1,255/mo	$1,316/mo	8	4.3
Encore at Heritage	$1,265/mo	$1,405/mo	11	4.6
Hawthorne at the Forest	$1,275/mo	$1,349/mo	9	4.7
Palisades at Wake Forest	$1,305/mo	$1,373/mo	8	4.5
Hawthorne at Traditions	$1,349/mo	$1,422/mo	8	4.9
Meridian at Rogers Branch	$1,349/mo	$1,472/mo	14	4.9
Legacy Wake Forest Apartments	$1,355/mo	$1,503/mo	3	4
Legacy Heritage Apartments	$1,400/mo	$1,425/mo	2	4.7
Pines at Wake Forest	$1,415/mo	$1,433/mo	2	4.9
The Pace at Holding Village Apartments	$1,425/mo	$1,525/mo	4	4.6
The Lindley at Grove 98 Apartments	$1,466/mo	$1,578/mo	16	4.5

Frequently Asked Questions About Rent in Wake Forest, NC

What is the average rent in Wake Forest, NC?

The average rent in Wake Forest, NC is $1,410 per month as of October 2026, based on 105 units across 15 apartment communities.

Is rent going up or down in Wake Forest, NC?

Rent in Wake Forest, NC has decreased $19 (1.4%) over the past month. The current average is $1,410/mo.

What is the cheapest apartment in Wake Forest, NC?

The most affordable apartment in Wake Forest, NC is The Pointe at Heritage with units starting at $1,164/mo.

How much is a 1-bedroom apartment in Wake Forest, NC?

A 1-bedroom apartment in Wake Forest, NC averages $1,410/mo, with prices starting at $1,164/mo across 105 available units.

How many apartments are available in Wake Forest, NC?

There are 105 units available across 15 apartment communities in Wake Forest, NC.

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

$56,000/year

Based on the 30 percent rule, using our tracked average rent of $1,410/mo.

Comfortable income

$68,000/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 78% 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	Source
Rent (market average)	$1,410	daily refresh
Utilities	$447	BLS × BEA RPP
Groceries	$523	BLS × BEA RPP
Transportation	$1,066	BLS × BEA RPP
Healthcare	$520	BLS × BEA RPP
Other goods and services	$832	BLS × BEA RPP
Estimated total	$4,798/mo	$57,574/year

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.

North Carolina Rent Trends

Compare rent across all North Carolina cities

Explore Wake Forest, NC on Map

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US-wide rent comparison

See how Wake Forest, NC rents stack up against the national median