Cheap Homes for Rent in Wake Forest, NC from $900 (17 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 411 W Young St

411 W Young St, Unit A

411 W Young St
RolesvilleNC27571

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Wake Forest, NC Local Guide

Cheapest Available Wake Forest Apartments for Rent

 

The cheapest available apartment rental in Wake Forest, NC is a 2 Beds unit found at River Haven in the Manchester neighborhood priced from $1,099. Legacy at Wakefield Apartments in the Reynolds Mill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,136. Here is today’s list of the most affordable Wake Forest apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River HavenHaven2BR,1BA$1,099
Legacy at Wakefield ApartmentsA11BR,1BA$1,136
The Residences at WakefieldHickory-Reno1BR,1BA$1,208
Caveness Farms ApartmentsA11BR,1BA$1,209
Maystone at WakefieldSunstone1BR,1BA$1,222

Best Value Apartments for Rent in Wake Forest, NC

As of June 19, 2025 the best value apartment in the Wake Forest area is the $1.27 price per square foot B1 Model at Legacy Wake Forest Apartments in the in the Reynolds Mill neighborhood starting from $1,685. The second greatest value Wake Forest apartment is the Holly-Reno Model at The Residences at Wakefield starting at $1,771 with a $1.50 price per square foot in the Manchester 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.
Legacy Wake Forest ApartmentsB12BR,2BA$1.27
The Residences at WakefieldHolly-Reno2BR,2BA$1.50
Wakefield GlenA31BR,1BA$1.28
Falls Creek Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.39
River HavenNeuse Vista3BR,2BA$1.39
Capital Creek at Heritage1BR 1BA (970 SF)1BR,1BA$1.57
Pines at Wake ForestA1A1BR,1BA$1.67
Aston ApartmentsIredell1BR,1BA$1.45
Maystone at WakefieldSunstone1BR,1BA$1.52
Bexley at HeritageMaple1BR,1BA$1.59

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Wake Forest

What type of rentals are currently available in Wake Forest?

There are currently 72 Apartments for Rent in Wake Forest, NC with pricing that ranges from $928 to $6,011. There are also 158 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wake Forest ranging from $900 to $4,695.

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 $900 to $4,695 with an average monthly rent of $2,175.

How much are larger Three and Four Bedroom Rentals in Wake Forest?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wake Forest range from $1,000 to $6,011, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,395. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,050.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.