Lake Forest Apartments for Rent(hide neighborhood information)
Lake Forest is a North Raleigh, North Carolina neighborhood in the 27615 zip code. Situated just off of the busy and popular Falls of Neuse Road, Lake Forest is located next to the prestigious North Ridge Country Club. The neighborhood is comprised primarily of residences located along Holly Drive, Justice Drive, and its namesake, Lake Forest Drive.
The community is framed by some of North Raleigh’s most popular thoroughfares, each of which has ready access to retail, entertainment, and commercial destinations: Sandy Forks Road, Newton Road, Six Forks Road, Harps Mill Road, Hunting Ridge Road, and Spring Forest Road. Additionally, the heavily utilized community corridor, I-540, is only minutes from the community to its northeast. North Ridge Center is located to the southeast of the Lake Forest Community, only mere minutes away. By way of further orientation, the Chestnut Hills neighborhood is nearby.
In terms of recreational venues, Shelly Lake and its park can be found to the southwest of Lake Forest, while Durant Nature Park is located to the northeast of the community, as is Gresham Lake.
The homes in Lake Forest are established and date from primarily the 1970s and 1980s. Lake Forest’s housing values hovered between an average of $200,000 to $250,000 as recently as 2008. More specifically, the average estimated value of detached houses in Lake Forest in 2008 was $276,480 as compared to Raleigh’s average estimated value of $309,000.
Most of the residents of the Lake Forest neighborhood enjoy income levels above the greater Raleigh average, as the median household income for Lake Forest’s inhabitants tops $60,000, while Raleigh’s median figure is just shy of $54,000. Lake Forest residents are also college graduates with the majority holding bachelor’s degrees.