Rentometer, Inc. | Data as of 10/22/2025
Wake Forest, North Carolina, offers a balanced rental market that appeals to both young professionals and growing families. The city’s historic downtown, with its charming brick sidewalks and boutique shops, sits alongside modern apartment communities that provide convenient access to major highways leading to Raleigh and Durham. Renters can choose from a variety of housing options, including stylish studio apartments that generally fall in the $1300s and spacious one‑bedroom units near the $1500 range, making the area attractive for commuters seeking a short drive to the Research Triangle.
Families and those looking for more room often gravitate toward the town’s well‑maintained single‑family homes. Two‑bedroom houses typically rent in the $1700 range, while three‑bedroom homes are commonly listed around $2100, reflecting the high quality of schools, parks, and community amenities. Larger properties with four or more bedrooms command premium rates in the $2700 bracket, offering ample space for multi‑generational living or home‑office setups. The rental landscape also includes two‑, three‑, and four‑plus bedroom apartments, with average rents ranging from the mid $1700s to just above $2100, catering to a diverse set of tenant needs.
Beyond housing, Wake Forest boasts attractions such as the serene Wake Forest Town Green, the historic Brookshire Brook, and nearby nature preserves that provide outdoor recreation. The city’s blend of historic charm, modern conveniences, and proximity to the Triangle’s employment hubs makes it a compelling choice for renters seeking a vibrant yet welcoming North Carolina community.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,301 | $1,332 | $1,200 - $1,340 | $1,325 - $1,340 |
| Apartment | 1 Bedroom | $1,475 | $1,432 | $1,159 - $2,025 | $1,340 - $1,575 |
| Apartment | 2 Bedroom | $1,780 | $1,735 | $1,116 - $2,725 | $1,527 - $1,917 |
| Apartment | 3 Bedroom | $2,109 | $2,131 | $1,522 - $2,580 | $1,850 - $2,353 |
| House | 2 Bedroom | $1,679 | $1,622 | $985 - $3,200 | $1,400 - $1,850 |
| House | 3 Bedroom | $2,095 | $2,060 | $1,500 - $3,300 | $1,850 - $2,300 |
| House | 4+ Bedroom | $2,735 | $2,535 | $1,725 - $11,900 | $2,375 - $2,850 |
In the current period, the average rent in Wake Forest was $1,261 for Studio, $1,466 for 1 Bedroom, $1,764 for 2 Bedroom, $2,098 for 3 Bedroom, and $2,561 for 4+ Bedroom.
Data provided by Rentometer, Inc.