Houses for Rent in Wake Forest, NC

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What to Know About

Life in Wake Forest & Beyond

Wake Forest shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Wake Forest, NC

As of May 2025, Wake Forest's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Wake Forest's average rent is 13.2% ($211) higher than the North Carolina average of $1,593 and 0.6% ($11) higher than the U.S. average of $1,793.

Average Rent
$1,804
Monthly ChangeMonth Over Month Change
Decreased1.5% ($27)
Yearly ChangeYear Over Year Change
Decreased8.3% ($164)
Avg. Days on MarketAverage Days on Market
22
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,423 Increased0.1% ($1) Increased2.2% ($30)
2 Beds $1,686 Increased0.5% ($8) Increased1.9% ($32)
3 Beds $2,017 Increased2.9% ($56) Decreased3.6% ($75)
Nearby Cities Average Rent Avg. Rent vs. Wake ForestAverage Rent vs. Wake Forest Avg. Days on MarketAverage Days on Market
Youngsville $1,813 Increased0.5% ($9) 37 days
Rolesville $1,614 Decreased10.5% ($190) 26 days
Creedmoor $1,364 Decreased24.4% ($440) 33 days
Knightdale $1,690 Decreased6.3% ($114) 31 days
Raleigh $1,628 Decreased9.8% ($176) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Wake Forest Rental Market FAQs

Explore rental prices, market trends, and availability in Wake Forest, NC.

The average rent in Wake Forest, NC is $1,804 per month.
Houses in Wake Forest typically rent for between $996 and $2,622 per month, with an average of $1,804 per month.
In Wake Forest, the average rent for a 1-bedroom house is $1,423 per month, for a 2-bedroom house, $1,686 per month, and a 3-bedroom house is $2,017 per month.
The average rent in Wake Forest is 0.6% ($11) higher than the national average of $1,793 per month.
The average rent in Wake Forest has decreased by 1.5% ($27) in the last month and decreased by 8.3% ($164) over the past year.
The rental market in Wake Forest, NC, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Wake Forest, NC, the average rental stays on the market for approximately 22 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 65 rental properties available in Wake Forest, NC.
Based on the current averages, a household would need an annual income of $67,440 to comfortably afford a 2-bedroom house in Wake Forest.
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