Wake Forest, NC Rental Market Trends

What is the average rent in Wake Forest?

The average rent for an apartment in Wake Forest is $1,665. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Wake Forest, NC

Last updated November 2023
Average Rent Average Apartment Size
$1,665 1,074 sq. ft.

What is the average apartment size in Wake Forest?

The average size for a Wake Forest, NC apartment is 1,074 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Wake Forest, NC apartment rent ranges

Wake Forest, NC Occupied Housing Units

4,456 or 27% of the households in Wake Forest, NC are renter-occupied while 12,355 or 73% are owner-occupied.

Wake Forest, NC rent trends

Access comprehensive real estate data and information on Yardi Matrix

How Wake Forest Compares to Other Cities

State Average Rent
Raleigh $1,609
Holly Springs $1,646
Durham $1,555
Charlotte $1,653
Cary $1,635
Apex $1,678
Concord $1,530
Winston - Salem $1,226
Asheville $1,717
Garner $1,499
Morrisville $1,699
Wake Forest $1,665
Chapel Hill $1,941
Carrboro $1,391
Fuquay Varina $1,648
Knightdale $1,585

What is the average price for a storage unit in Wake Forest?

The average rent for a non-climate-controlled 10'x10' storage unit in Wake Forest is $115.17. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.

Most Popular Apartments in Wake Forest

24 Hannahisawesome Lane, Wake Forest, NC 27587
1 BED $700
2 BEDS $1,000

6000 Jones Dairy Road, Rolesville, NC 27571
2 BEDS $1,800
3 BEDS $3,600
View more properties