Cheap Homes for Rent in Wake Forest, NC from $900 (24 Rentals)

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property at 4441 Middletown Dr

4441 Middletown Dr

Wake ForestNC27587
property at 917 Wait Ave

917 Wait Ave

Wake ForestNC27587

Raleigh's Best Affordable Neighborhoods

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

property at 603 E Pine Ave

603 E Pine Ave

Wake ForestNC27587

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 5230 Meryton Park Way in the Fox Haven neighborhood priced from $495. Caveness Farms Apartments in the Reynolds Mill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,113. Here is today’s list of the most affordable Wake Forest apartments for rent:

Apartment ListingModel NameBed/BathPriced From
5230 Meryton Park Way5230 Meryton Park Way1BR,1BA$495
Caveness Farms ApartmentsA11BR,1BA$1,113
Aston ApartmentsBonner1BR,1BA$1,137
Columns at WakefieldThe Pinehurst1BR,1BA$1,142
Legacy at Wakefield ApartmentsA31BR,1BA$1,193

Best Value Apartments for Rent in Wake Forest, NC

As of March 26, 2025 the best value apartment in the Wake Forest area is the $0.88 price per square foot 3701 Althorp Drive Model at 3701 Althorp Drive in the in the Fox Haven neighborhood starting from $2,640. The second greatest value Wake Forest apartment is the 918 Pristine Ln Model at 918 Pristine Ln starting at $2,660 with a $0.89 price per square foot in the Outer Northern Outlying 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.
3701 Althorp Drive3701 Althorp Drive4BR,2.5BA$0.88
918 Pristine Ln918 Pristine Ln4BR,2.5BA$0.89
1609 Gracie Girl Way1609 Gracie Girl Way4BR,2.5BA$1.03
1101 Purisima Ct1101 Purisima Ct4BR,2.5BA$1.02
192 Northbend Dr192 Northbend Dr3BR,2.5BA$0.94
216 Spring Park Rd216 Spring Park Rd3BR,2.5BA$1.04
5528 Enoree Ln5528 Enoree Ln4BR,2.5BA$1.03
1253 Miracle Dr1253 Miracle Dr3BR,2.5BA$1.08
5230 Meryton Park Way5230 Meryton Park Way1BR,1BA$0.27
819 Brewer Ave, Unit 819 Brewer Ave819 Brewer Ave2BR,2.5BA$1.03

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Frequently Asked Questions about Wake Forest

What type of rentals are currently available in Wake Forest?

There are currently 99 Apartments for Rent in Wake Forest, NC with pricing that ranges from $838 to $4,751. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wake Forest ranging from $950 to $4,095.

What is the current price range for Rental Homes in Wake Forest?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wake Forest ranges from $950 to $4,095 with an average monthly rent of $2,598.

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.

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

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.