Wake Forest

Historic buildings used today as shops and businesses
Art is everywhere in Downtown Wake Forest.
White Street Brewing Company is a popular destination for Wake Forest residents.
Wake Forest's H.L. Miller Park offers a scenic respite for Waker Forest locals.
Park signage for E. Carroll Joyner Park.

Wake Forest, NC Area Guide

A historic and charming community just outside of Raleigh

Suburb Commuter History Affordable

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.

Explore the City

White Street Brewing Company is a popular destination for Wake Forest residents.

Wake Forest's H.L. Miller Park offers a scenic respite for Waker Forest locals.

Park signage for E. Carroll Joyner Park.

Wake Forest has a vibrant downtown area with a rich history.

Wake Forest has a wide variety of of walkable neighborhoods.

White Street Brewing Co. is a popular destination for Falls Lake residents.

Rent Trends

As of March 2026, the average apartment rent in Wake Forest, NC is $1,361 for one bedroom, $1,715 for two bedrooms, and $2,084 for three bedrooms. Apartment rent in Wake Forest has decreased by -3.4% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,361/month
816 Sq Ft
House
$2,275/month
1,979 Sq Ft
Townhome
$1,944/month
1,759 Sq Ft
See Rental Market Trends in Wake Forest, NC

Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Wake Forest, NC is for everyday living.

Car-Dependent

35 / 100

This area is considered a car-dependent area and most errands will require a car.

Minimal Transit

1 / 100

You'll likely want a car when living in this area since it has few transit options.

Somewhat Bikeable

29 / 100

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

Envision Science Academy

Public

Grades K-8

Franklin Academy

Public

Grades K-12

Heritage Elementary

Public

Grades PK-5

Jones Dairy Elementary

Public

Grades PK-5

Richland Creek Elementary

Public

Grades PK-5

Franklin Academy

Public

Grades K-12

Envision Science Academy

Public

Grades K-8

Heritage Middle

Public

Grades 6-8

Endeavor Charter

Public

Grades K-8

Casa Esperanza Montessori

Public

Grades PK-8

Franklin Academy

Public

Grades K-12

Wake Forest High School

Public

Grades 9-12

Heritage High

Public

Grades 9-12

Points of Interest

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

Airports

  • Raleigh-Durham International

Top Apartments in Wake Forest

Houses for Rent in Wake Forest

Property Management Companies in Wake Forest, NC

Search Nearby Rentals

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 February 2026.