Median rent for residential apartment in Wake Forest, NC as of Aug, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
39 Wake Forest, NC 27587, USA apartments for rent
Wake Forest
Wake Forest, NC has a population of 38,473, while the median age is 36. The household income in Wake Forest, NC is around $85,155. The homeownership rate among the residents is 70%. The median residential property value in Wake Forest, NC that you should keep in mind is $278,600.
| Population | 38,473 |
| Median Age | 35.7 |
| Poverty Rate | 6% |
| Household Income | $85,155 |
| Number Of Employees | 18,183 |
| Median Property Value | $278,600 |
Housing Trends
How much is an apartment in Wake Forest, NC 27587, USA
Average rent in Wake Forest: $2,246 (-0.2%)
| Rent Price | Aug | vs Last Month |
|---|---|---|
| 1 bed rentals | $3,442 | +102.5% |
| 2 bed rentals | $1,864 | +17.7% |
| 3 bed rentals | $2,101 | +0% |
| 4+ bed rentals | $2,548 | -2.6% |
Over the Aug 2022, the average rent for an apartment in/near Wake Forest, NC decreased by 0.2% to $2,246.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 102.5% to $3,442. Pricing for 2-bed apartment also increased by 17.7% and a place of this size will now cost you $1,864. 3-bed apartment rent pricing starts at $2,101, it increased by 0% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 2.6% and made it down to $2,548.
| Rent Type Price | Aug | vs Last Month |
|---|---|---|
| Townhouse rentals | $2,189 | -10.7% |
| Loft rentals | $2,195 | N/A |
| Apartment rentals | $2,861 | +68.3% |
| House rentals | $2,108 | -9.8% |
| Duplex rentals | $775 | N/A |
The median rent for an apartment in Wake Forest, NC increased by 68.3% to $2,861. Statistics show that house rent price decreased by 9.8% this month making it up to $2,108. An average duplex is now available for $775, cause median rent for a duplex remains the same this month. The median rent for a loft did not face significant changes this time, it now still goes for $2,195. The median rent for a townhouse decreased by 10.7%, you’ll have to spend around $2,189 to get one.