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3 Bedroom Apartments for Rent in Wake Forest, NC - 51 Rentals available

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Wake Forest, NC Demographics

  • Total Population40,159
  • Female 18,762
    Male 21,397
  • Median Age35.8

Average Rent in Wake Forest, NC

  • Wake Forest, NC Average Rental Price, February 2020 $1,156 /mo

Wake Forest, NC Apartment Rent Ranges

  • $701-$1,00021%
  • $1,001-$1,50075%
  • $1,501-$2,0004%

Wake Forest, NC Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
Wake Forest, NC $1,055 $1,102 $1,113 $1,054 $1,054 $1,086 $1,094 $1,167 $1,180 $1,156
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Wake Forest, NC Households

  • Total Number of Households13,874
  • Family 10,387
    Non-family 3,487
  • Children 6,724
    No Children 7,150
  • Average People Per Household2.87
  • Median Household Income$88,394
  • Median Housing Costs Per Month$1,362

Wake Forest, NC Education Statistics

  • No High School1%
  • Some High School19%
  • Some College23%
  • Associate Degree8%
  • Bachelor Degree33%
  • Graduate Degree16%

Renting a 3 bedroom apartment in Wake Forest, NC

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,592 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Wake Forest, NC, rents on 3 bedroom apartments go up to $2,700. 7 rental properties offer 3 bedroom units in Wake Forest, NC to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Wake Forest, NC

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $995 in Wake Forest, NC, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!