What's the average rent in Wake Forest, NC?

Rental Market Trends in Wake Forest, NC

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Wake Forest, NC is $2,095 per month, which is 10% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,095
4.4%
$88 increase month-over-month
-4.3%
-$95 decrease year-over-year

AVAILABLE RENTALS

231

APARTMENTS

$1,350

HOUSES

$2,400

TOWNHOUSES

$1,950
As of May 2026, apartments are the most affordable rental option in Wake Forest, NC at $1,350 per month, while houses are the most expensive at $2,400 per month. Townhomes average $1,950 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,395
2 Bedrooms$1,557
3 Bedrooms$1,995
4 Bedrooms$2,475
All$2,100
As of May 2026, the average rent for a 1 bedroom rental in Wake Forest, NC is $1,395 per month, followed by $1,557 for a 2 bedroom rental, $1,995 for a 3 bedroom rental, and $2,475 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -6% compared to the previous year, which is a $140 decrease.
This year (2026)
Last year (2025)

Rent distribution

47% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $750 to $12,000.
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