338 E Spring St, Wake Forest, NC 27587
Property image
Property image
OFF MARKET

$286,700

Trulia Estimate
as of Nov 11, 2026
  • 3 Beds
  • 2 Baths
  • 1,120 sqft

338 E Spring St, Wake Forest, NC 27587

Home Highlights

Single-Family Home
1,120 sqft
$256/sqft

Local Information

  • Map ViewExplore the area around 338 E Spring St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Covered front porchGalley kitchen
ONE MONTH FREE! Price shown reflects this prorated over an 18 month lease**.

Updated ranch on half an acre in the heart of Wake Forest, conveniently close to shopping, restaurants, and just minutes from Joyner Park. Step through the front door into a bright, open concept living room and dining room with a galley kitchen. Down the hallway you'll find two secondary bedrooms and a full bath, while the primary bedroom is tucked at the back of the home with an attached bath. Enjoy the covered front porch and a large backyard perfect for entertaining!
This rental is managed by Element Property Management.
All Element Property Management residents are enrolled in the Resident Benefits Package (RBP) for $48.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application.

$79 Application Fee per Adult. 650 Credit Score Preferred. Preferred Combined Income: 4X Gross Monthly Rental Amount. Felony convictions within the last 10 years may result in denial. Past or present registration as a sex offender may result in denial. **Please verify credentials before applying. Application fees are NOT refundable. In addition to this application, you will also be required to provide a valid copy of photo ID, a landlord reference and proof of income.

Pets are negotiable. Pet fees are $250 up front for one pet and $50 for each additional pet, $20 per month for one pet and $10 for each additional pet.
338 E Spring St, Wake Forest, NC 27587 is a 3 bedroom, 2 bathroom, 1,120 sqft single-family home. It last sold for $280,000 on Nov 2, 2023 (16,839% above the $1,653 asking price). More recently, it was listed as a rental in July 2026 with an asking price of $1,895 per month. That rental listing was removed on November 6, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $286,700, with a rent estimate of $1,670/month.

Home Details for 338 E Spring St

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For Details

Interior Features

Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Air Conditioner, Central Air

Comparable Sales for 338 E Spring St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
524 Pearce Ave, Wake Forest, NC
0.17
Single-Family Home
$262,775
08/28/26
3
2
998 sqft
413 Pearce Ave, Wake Forest, NC
0.07
Single-Family Home
$265,000
11/25/25
2
1.5
1,233 sqft
418 N Allen Rd, Wake Forest, NC
0.33
Single-Family Home
$262,000
07/29/26
3
2
1,156 sqft
420 N Allen Rd, Wake Forest, NC
0.33
Single-Family Home
$270,000
09/30/26
3
2
960 sqft
419 N Allen Rd, Wake Forest, NC
0.31
Single-Family Home
$260,000
11/25/25
3
2
1,398 sqft
245 Highgate Cir, Wake Forest, NC
0.16
Single-Family Home
$225,000
06/02/26
2
2
912 sqft
724 Brewer Cir, Wake Forest, NC
0.38
Single-Family Home
$285,000
05/07/26
3
2
1,734 sqft
508 N Taylor St, Wake Forest, NC
0.33
Single-Family Home
$247,000
08/05/26
3
1
990 sqft
658 Wait Ave, Wake Forest, NC
0.38
Single-Family Home
$232,500
10/15/26
3
1
1,320 sqft
152 E Cedar Ave, Wake Forest, NC
0.47
Single-Family Home
$470,000
04/09/26
3
2
1,581 sqft

Nearby homes

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Price and Tax history

DateEventPrice
Nov 6, 2026
Source: Zillow Rentals
ListingRemoved
$1,653
Oct 1, 2026
Source: Zillow Rentals
PriceChange
$1,653
Price decreased by 6%
Sep 11, 2026
Source: Zillow Rentals
PriceChange
$1,750
Price decreased by 4%
Sep 3, 2026
Source: Zillow Rentals
PriceChange
$1,825
Price decreased by 1%
Aug 14, 2026
Source: Zillow Rentals
PriceChange
$1,850
Price decreased by 2%

Around this home

What Locals Say about Wake Forest

At least 410 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 93 % Say it's dog friendly

  • 87 % Say parking is easy

  • 83 % Say there's holiday spirit

  • 80 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 76 % Say kids play outside

  • 75 % Say there are sidewalks

  • 73 % Say it's quiet

  • 68 % Say streets are well-lit

  • 64 % Say neighbors are friendly

  • 59 % Say they plan to stay for at least 5 years

  • 58 % Say there's wildlife

  • 49 % Say there are community events

  • 36 % Say it's walkable to restaurants

  • 33 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "We are pool opening, pool closing, Santa Easter Bunny food trucks, all kind of events put on by the community in the HOA"
    0
    Flag
  • Trulia User
    "There is a dog park and trails, also waste bag stations "
    1
    Flag
  • Elizabeth Miller
    "Dog friendly neighborhood with periodic dog cleaning stations"
    1
    Flag
  • Terri Coleman
    "I have lived in Wake Forest since 2004. Wake Forest has not done the best with infrastructure, but we have liked the neighborhoods we have lived in. "
    1
    Flag
  • Elizabeth Miller
    "Lovely town with quaint feel but near larger cities of Raleigh and Durham with loads of shops and medical resources."
    2
    Flag
  • Lou 3000
    "Everyone normally cleans after their pups and keeps them leashed. Neighborhood is normally clean and neighbors normally tend to their lawn."
    1
    Flag
  • Taliaxo194
    "So far so good. 4 months in. Everyone is super “neighborly” Would recommend to families. "
    1
    Flag
  • Itriplie94
    "I drive 18min to get to work grocery stores are nearby and fast food is nearby as well I drive 10min to closest car charger"
    1
    Flag
  • Dakotac
    "Feels like a hallmark town. Stuff around but not overcrowded feeling!! Lots of greenery & a cute downtown"
    1
    Flag
  • Lou 3000
    "The neighborhood has a lot of side walks. There are also many hills in this neighborhood. Walking trails are near so this is perfect for dog walking. "
    0
    Flag
  • Lou 3000
    "Many walking trails, libraries and other extracurricular activities available for kids. Not many sidewalk accessibility other than main neighborhood."
    0
    Flag
  • Danielle Livingston
    "I am not familiar with community events that make our neighborhood feel special. There is Friday Night on White; it is not special. "
    0
    Flag
  • Madison Smith
    "Lots of families and group events. Everyone is friendly and I feel safe in this area. Would recommend "
    0
    Flag
  • Monica.ortega70
    "Nice quiet neighborhood with well kept homes with huge property lots. Family oriented neighborhood "
    0
    Flag
  • Madison Smith
    "Very friendly neighbors, great community that respects each other. Not sure about schooling because my little is 1 but I’ve heard good things."
    0
    Flag
  • Monica.ortega70
    "Big yards for dogs to play in. Friendly neighborhood for walking your dog. Many parks and trails to take your dog on hikes. "
    0
    Flag
  • Brittany Brathwaite
    "Really nice area for family and enjoyable living. Plenty of fun things to do. You will need transportation. Some residents like to complain because the sky is blue - but other than that, great place to live outside of Raleigh. "
    0
    Flag
  • Michael Roberti
    "The commute to Morrisville and back is brutal. Lots of traffic on US 1 and 540. Accidents every day. People drive like maniacs weaving in and out of traffic. It is the only drawback to living here."
    0
    Flag
  • Vhfdbgt7kd
    "We have a neighborhood pool with snack bar and bar which families can join. Kids can then participate in swim team. "
    0
    Flag
  • Brittany Brathwaite
    "All of the people here are very friendly except for the few that seem to forget what it’s like to be a kid (or teenager) and enjoy being alive!"
    0
    Flag
  • Sally Dixon
    "Location location location! Lots of community events, town events lots to do and see. Beautiful greenway and lots of amenities! "
    4
    Flag
  • Brittany Brathwaite
    "There are great families, schools parks and resources for everyone. But not many outlets for teens. "
    0
    Flag
  • Ljaddison
    "The community is walkable and has ample walking and bike trails, a large community pool, and all grounds are well maintained. "
    1
    Flag
  • Brittany Brathwaite
    "People walk their dogs and for the most part, they’re responsible for the pet’s waste. Unfortunately, people are less tolerable of middle school age children and high schoolers simply being kids. "
    1
    Flag
  • PegH
    "A real sense of community. We all look out for each other; never is it as obvious as when the last bad storm came through. Everyone was out the next morning helping to clean up tree limbs and leaves from the entire cut-de-sac, not just their own yard, sharing tools, equipment and man power. "
    0
    Flag
  • Peggymhaas
    "We’ve lived here for 14+ years and love it. This little town has so much to offer; great restaurants, theater, parks, greenways and wonderful people! "
    9
    Flag
  • Andrew W.
    "Pools are awesome. Neighbors are awesome. Convenient to everything you need. Great community! "
    0
    Flag
  • Lwbenn
    "A bit of traffic around 4:00 to 6:00pm. My neighborhood is gated and has a very nice, exclusive Country Club. My neighborhood has it’s very own private security service and they constantly patrol the neighborhood."
    9
    Flag
  • Camcolwill
    "This is a good neighborhood to raise children. The only concern I would have as a parent of a teenager would be them learning to drive in heavy traffic"
    0
    Flag
  • Patsy
    "Schools are great. Very family oriented there is something for everyone in Wake Forest. Lots of nature & not far from Raleigh."
    0
    Flag
  • Naresh G.
    "Quiet, not crowded No traffic Nice neighbors Family friendly community Plenty of supermarkets Awesome trails for hiking "
    0
    Flag
  • Camcolwill
    "Community events in the park and on the Main Street are popular events for the community. The farmers market and the dog park are also popular"
    0
    Flag
  • Kingangel73
    "Wake Forest is warm and welcoming. It is family oriented and pet friendly. The school are great and there's tons of things to do. "
    0
    Flag
  • Patsy
    "Challenging at peak times of the day, considering I am commuting to and from Raleigh for work. Capital Blvd & Louisburg can be a nightmare."
    0
    Flag
  • Peggymhaas
    "I am retired but when I was working I worked in Cary, NC which generally required a 45 minute to 1 hour commute."
    4
    Flag
  • Peggymhaas
    "N/A. Retired but when I did work it was a 45 minute drive to Cary, NC. If I took Capital Blvd. the drive time could be an hour or more. "
    3
    Flag
  • Peggymhaas
    "I am retired. When I worked my commute was 40+ minutes. However, it was quite scenic, crossing the lake and past several horse farms. "
    1
    Flag
  • WF Resident
    "There are quite a few dog owners in my neighborhood. Most are responsible owners, but there are those that walk their dogs at night and allow them to relieve themselves in their neighbors yards. This is the part I dislike. I sit on my porch at night and you wouldn’t believe the things I see dog owners allow their dogs to do."
    10
    Flag
  • Peggym
    "Meet in the Street, Friday Night on White, MardiGras, the lighting of the Christmas Tree all make Wake Forest special. "
    4
    Flag
  • Julie B. .
    "Dog owners walk their dogs and there are trails in the common area for dogs to run. The lots sizes are big enough to have privacy from other neighbors. Fences are allowed. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 338 E Spring St

  • What is 338 E Spring St estimated to be worth?
    Trulia's estimated value for 338 E Spring St in Wake Forest, NC is $286,700.
  • What is the price history for 338 E Spring St?
    338 E Spring St in Wake Forest, NC last sold for $280,000 in November 2023.
  • Is Wake Forest a buyer's or seller's market?
    Wake Forest is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Wake Forest?
    The median sale price in Wake Forest is $528K. That is down $10.75K from the prior month.
  • Does 338 E Spring St have air conditioning?
    Yes, 338 E Spring St in Wake Forest, NC has air conditioning.
  • Does 338 E Spring St have laundry facilities?
    Yes, 338 E Spring St in Wake Forest, NC has in-unit laundry.

Homes for rent near 338 E Spring St

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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