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Average Rent in Wake Forest, NC & Rent Trends

Rent prices and market trends across 16 apartment communities in Wake Forest, NC. Updated daily.

Market Average

$1,434/mo

▲ +0.6% from last month

Lowest Available

$1,202/mo

cheapest unit on market

Communities

16

tracked daily

Units Listed

112

available now

Price Cuts This Week in Wake Forest, NC

38 listed units across 11 buildings offering 1 bed units in Wake Forest, NC dropped their asking rent in the past 7 days, an average cut of $40/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Palisades at Wake Forest Unit 207 $1,975 $1,875 $100
Aston Apartments Unit 5, Latimer $1,429 $1,341 $88
Capital Creek at Heritage Apartments Unit 2 $1,521 $1,451 $70
Capital Creek at Heritage Apartments Unit 6 $1,516 $1,446 $70
Meridian at Rogers Branch Unit 2-220, Two Bedroom $1,937 $1,879 $58
Meridian at Rogers Branch Unit 1-221, Two Bedroom $1,841 $1,785 $56
Meridian at Rogers Branch Unit 1-536, Two Bedroom $1,903 $1,847 $56
Meridian at Rogers Branch Unit 2-125, Two Bedroom $1,790 $1,736 $54
See today's prices on all 112 listed units

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

As of August 2026, the average rent in Wake Forest, NC is $1,434 per month across 16 apartment communities and 112 available units. Rents have increased $9 (0.6%) over the past month.

The most affordable option is Capital Creek at Heritage Apartments starting at $1,202/mo. By unit type, a 1-bedroom averages $1,434/mo.

Prices range from $1,202 to $1,904 per month. The most common price point is the $1,400 range, where 51 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 $1,643 +$8 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
$1,434
from $1,202 · 112 units

Rent Prices by Apartment in Wake Forest, NC

Property Starting at Average Units Rating
Capital Creek at Heritage Apartments $1,202/mo $1,310/mo 5 4.5
Caveness Farms Apartments $1,220/mo $1,271/mo 9 4.6
Encore at Heritage $1,225/mo $1,419/mo 19 4.6
North Forest Apartments $1,248/mo $1,254/mo 3 4.2
Aston Apartments $1,278/mo $1,328/mo 4 4.3
Bexley at Heritage $1,289/mo $1,289/mo 1 4.1
Palisades at Wake Forest $1,295/mo $1,355/mo 5 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 $1,434 per month as of August 2026, based on 112 units across 16 apartment communities.

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

Rent in Wake Forest, NC has increased $9 (0.6%) over the past month. The current average is $1,434/mo.

What is the cheapest apartment in Wake Forest, NC?

The most affordable apartment in Wake Forest, NC is Capital Creek at Heritage Apartments with units starting at $1,202/mo.

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

A 1-bedroom apartment in Wake Forest, NC averages $1,434/mo, with prices starting at $1,202/mo across 112 available units.

How many apartments are available in Wake Forest, NC?

There are 112 units available across 16 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

$57,000/year

Based on the 30 percent rule, using our tracked average rent of $1,434/mo.

Comfortable income

$69,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,202/mo), you need to earn at least $48,000/year.

Cost of living in Wake Forest, NC

We only have live rent data for Wake Forest, NC so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,434
Estimated total $1,434/mo

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 are refreshed annually.

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