Wake Forest, NC Rent History

129 months of data, 2016–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,798
1-year change
+3.3%
$57/mo
5-year change
+16.9%
$260/mo
10-year change
+58.6%
$664/mo

Monthly rent trend

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Year-by-year rent in Wake Forest

YearMedian rentYoY changevs 2016
2016$1,102/mo—0.0%
2017$1,160/mo+5.3%+5.3%
2018$1,226/mo+5.7%+11.3%
2019$1,240/mo+1.1%+12.5%
2020$1,292/mo+4.2%+17.2%
2021$1,429/mo+10.6%+29.7%
2022$1,623/mo+13.6%+47.3%
2023$1,701/mo+4.8%+54.4%
2024$1,696/mo-0.3%+53.9%
2025$1,746/mo+2.9%+58.4%
2026$1,744/mo-0.1%+58.3%

Frequently asked questions

How much has rent in Wake Forest changed since 2016?

Median rent in Wake Forest, NC was $1,125 in 2016-01 and is $1,798 as of 2026-09 — a change of $673 per month over 10 years.

How much has Wake Forest rent increased in the last 5 years?

Over the past 5 years, median rent in Wake Forest, NC has changed +16.9% ($260 per month). The current median is $1,798.

What has rent in Wake Forest done over the past decade?

Over the past 10 years, median rent in Wake Forest, NC has changed +58.6% ($664 per month). It is now $1,798.

Is rent in Wake Forest going up or down year over year?

Year over year, median rent in Wake Forest, NC has increased +3.3% ($57/mo). Current median: $1,798.

See full rent data for Wake Forest, NC →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.