Wake Forest, NC Rent History

126 months of data, 20162026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,813
1-year change
+1.7%
$31/mo
5-year change
+17.3%
$268/mo
10-year change
+52.4%
$623/mo

Monthly rent trend

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Year-by-year rent in Wake Forest

YearMedian rentYoY changevs 2016
2016$1,165/mo0.0%
2017$1,223/mo+5.0%+5.0%
2018$1,296/mo+6.0%+11.2%
2019$1,311/mo+1.2%+12.5%
2020$1,360/mo+3.7%+16.7%
2021$1,503/mo+10.5%+29.0%
2022$1,708/mo+13.6%+46.6%
2023$1,783/mo+4.4%+53.0%
2024$1,776/mo-0.4%+52.4%
2025$1,792/mo+0.9%+53.8%
2026$1,819/mo+1.5%+56.1%

Frequently asked questions

How much has rent in Wake Forest changed since 2016?

Median rent in Wake Forest, NC was $1,188 in 2016-01 and is $1,813 as of 2026-06 — a change of $625 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 +17.3% ($268 per month). The current median is $1,813.

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

Over the past 10 years, median rent in Wake Forest, NC has changed +52.4% ($623 per month). It is now $1,813.

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

Year over year, median rent in Wake Forest, NC has increased +1.7% ($31/mo). Current median: $1,813.

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.