Cheap Apartments for Rent in Wake Forest, NC from $400 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wake Forest.

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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Crossings at Heritage
1 to 2 Bedroom Apartments

Crossings at Heritage

3134 Branch Ferry CtWake Forest, NC 27587
Senior Living
  • Utilities Included
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Granite Falls
2 to 3 Bedroom Apartments

Granite Falls

404 Hunter Falls LnRolesville, NC 27571
Showing Results 1-26, Page 1 of 1

Wake Forest, NC Local Guide

Cheapest Available Wake Forest Apartments for Rent

 

The cheapest available apartment rental in Wake Forest, NC is a 1 Bed unit found at The Pointe at Heritage in the Reynolds Mill neighborhood priced from $1,029. The Residences at Wakefield in the Manchester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,086. Here is today’s list of the most affordable Wake Forest apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Pointe at HeritageJade1BR,1BA$1,029
The Residences at WakefieldHickory1BR,1BA$1,086
Summermill at Falls RiverThe Atlantic1BR,1BA$1,122
Caveness Farms ApartmentsA11BR,1BA$1,141
Legacy at Wakefield ApartmentsA11BR,1BA$1,173
Columns at WakefieldThe Ridge1BR,1BA$1,179
Aston ApartmentsBonner1BR,1BA$1,191
Maystone at WakefieldSunstone1BR,1BA$1,237
River HavenRiver2BR,2BA$1,239
Capital Creek at Heritage1BR 1BA (A3 - 833 SF)1BR,1BA$1,244

Best Value Apartments for Rent in Wake Forest, NC

As of April 12, 2025 the best value apartment in the Wake Forest area is the $1.03 price per square foot 819 Brewer Ave Model at 819 Brewer Ave, Unit 819 Brewer Ave in the in the Reynolds Mill neighborhood starting from $1,650. The second greatest value Wake Forest apartment is the 8132 McGuire Dr Model at 8132 McGuire Dr, Unit Townhouse starting at $1,450 with a $1.16 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Wake Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
819 Brewer Ave, Unit 819 Brewer Ave819 Brewer Ave2BR,2.5BA$1.03
8132 McGuire Dr, Unit Townhouse8132 McGuire Dr2BR,2.5BA$1.16
The Residences at WakefieldHolly-Reno2BR,2BA$1.51
Wakefield GlenA31BR,1BA$1.28
Falls Creek Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.47
River HavenNeuse Vista3BR,2BA$1.41
Ridgewood ApartmentsThree Bedroom3BR,2BA$1.48
Capital Creek at Heritage1BR 1BA (A4 - 833 SF)1BR,1BA$1.52
Maystone at WakefieldSunstone1BR,1BA$1.54
Summermill at Falls RiverThe Atlantic1BR,1BA$1.49

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Pet Friendly Lifestyle
Wake Forest, NC

Ranked #359

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Wake Forest, NC

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Wake Forest, NC Rentals by Map

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See the most popular apartments and homes in Wake Forest, NC

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Getting Around Wake Forest, NC

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Wake Forest Apartments

How much is rent for a Cheap One Bedroom Wake Forest Apartment?

The lowest price for a Cheap One Bedroom Wake Forest Apartment is $1,029 at The Pointe at Heritage.

What is the lowest price for a Cheap Two Bedroom Wake Forest Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wake Forest is starting from $1,186 at Summermill at Falls River.

What is the most affordable Wake Forest Three Bedroom Apartment?

The best deal on a cheap Wake Forest Three Bedroom Apartment rental is at River Haven and starts from $1,469.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

Written by: Chris Munier

Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.