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Cheap Apartments for Rent in Wake Forest, NC

1,326 Rentals
.
  21. Building Photo - 278 Hill St
    2 BEDS, 1 BATH
    $1,195

    278 Hill St

    278 Hill St, Wake Forest, NC 27587
Showing 42 of 244 results, Page 1 of 6

Wake Forest at a Glance

Average Rent

$1,373
(All bedrooms and property types)
Learn more about
Average Rent in Wake Forest
6

School Rating

out of 10 Rating
Learn more about
Schools in Wake Forest
1

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Wake Forest
29

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Wake Forest

Wake Forest, NC Apartments for Rent

Wake Forest was the original home of Wake Forest University for 122 years before the institution relocated to Winston-Salem in 1956, leaving behind a historic campus that now houses Southeastern Baptist Theological Seminary. Those looking for apartments for rent in Wake Forest will find a growing town that combines its educational heritage with modern suburban living just north of Raleigh. The downtown Historic District features locally-owned shops and restaurants in well-preserved buildings, while E. Carroll Joyner Park offers green space for outdoor activities and community events throughout the year.

Renting in Wake Forest provides easy access to both natural recreation and urban amenities. Falls Lake State Recreation Area sits nearby with 12,000 acres of water and 26,000 acres of woodlands for boating, fishing, and hiking. Apartment communities are available in areas like the Heritage district and throughout the Wake Forest area, with average rents around $1,363 for one-bedroom and $1,607 for two-bedroom units. Capital Boulevard (US-1) connects directly to downtown Raleigh and the broader Triangle region, making Wake Forest a practical choice for those who work in the capital city but prefer a quieter setting.

Renting in Wake Forest

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Wake Forest

(For 1 bedroom apartments)

Getting Around Wake Forest

Transportation

35

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
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.
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.
Scores provided by Walk Scoreⓘ

Education

GreatSchools Rating
Wake Forest High School

Public High School

Public
Grades 9-12
2,101 Students
GreatSchools Rating
Heritage High

Public High School

Public
Grades 9-12
1,811 Students
GreatSchools Rating
Heritage Middle

Public Middle School

Public
Grades 6-8
997 Students
GreatSchools Rating
Wake Forest Middle School

Public Middle School

Public
Grades 6-8
968 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Wake Forest

Specialty Housing

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Wake Forest Apartments for Rent in Your Budget

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