Madison Wakefield
11100 Madison Elm Ln,
Raleigh, NC 27614
$1,358 - $2,429
1-2 Beds
Wake Forest
Wake Forest, NC
Area Guide
A historic and charming community just outside of Raleigh.
Suburb
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Commuter
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Schools
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Safe
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Family-Friendly
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History
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Affordable
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Wake Forest, located in North Carolina's Triangle region, combines historic character with suburban convenience. Originally home to Wake Forest University, this growing town preserves its educational legacy through Southeastern Baptist Theological Seminary, which occupies the original campus. Current rental trends show average monthly rates of $1,412 for one-bedroom units and $1,681 for two-bedroom homes, with a slight decrease in prices over the past year.
Falls Lake State Recreation Area offers 12,000 acres of water and 26,000 acres of woodlands for hiking, boating, and fishing. The Downtown Wake Forest Historic District features locally-owned shops and eateries in beautifully preserved buildings. E. Carroll Joyner Park hosts community gatherings throughout the year, including the Wake Forest Dance Festival. Housing options include apartments and single-family homes in areas like the Heritage district and Wake Forest neighborhood. Located near Capital Boulevard (US-1), residents enjoy easy access to downtown Raleigh while experiencing a distinct small-town atmosphere.
Rent Trends
As of December 2025, the average apartment rent in Wake Forest, NC is $1,357 for one bedroom, $1,598 for two bedrooms, and $1,973 for three bedrooms. Apartment rent in Wake Forest has decreased by -4.8% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,357/month
817 Sq Ft
House
$2,225/month
2,003 Sq Ft
Condo
$1,823/month
1,373 Sq Ft
Townhome
$1,870/month
1,498 Sq Ft
Transportation
35
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
1
Minimal Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
29
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Schools
Public
Grades PK-5
622 Students
Public
Grades PK-5
582 Students
Public
Grades PK-5
489 Students
Public
Grades PK-5
342 Students
Public
Grades 6-8
997 Students
Public
Grades 6-8
968 Students
Public
Grades 9-12
2,101 Students
Public
Grades 9-12
1,811 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2025. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- North Wake Landfill District Park
- Durant Nature Park
- Annie Louise Wilkerson, MD Nature Preserve Park
- Blue Jay Point County Park
- Blue Jay Center for Environmental Education
Commuter Rail
Airports
- Raleigh-Durham International
Top Apartments in Wake Forest
Houses for Rent in Wake Forest
Property Management Companies in Wake Forest, NC
Greystar
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3,446
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Hawthorne Residential Partners
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109
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Highmark Residential
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220
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Goldberg Companies
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28
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Morgan Properties
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389
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Bell Partners
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227
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73,397
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119
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1 Community in Wake Forest
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.