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24 Luxury Apartments Near Me in Wake Forest, NC
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Cost of Living
29% Rent
vs
71% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Wake Forest, NC is 29% renters and 71% owners. The monthly average cost of rent in Wake Forest is $1,277 per month and the yearly average income is $121,480 per year. This compares to an average rent of $885 in NC and $1,003 in the US. This data was last updated in October 2023
Travel and Transport
Commuting to Work
Last Updated October 2023
Residents of Wake Forest, NC spend an average of 31.3 minutes commuting to work. 25% have short commutes under 20 minutes, 66% travel between 20 and 60 minutes, and 9% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Wake Forest, NC, 0% of residents rely on public transportation, 1% commute on foot, 0% use bicycles, and 99% opt for other modes such as cars and ride-sharing.
FAQs
What is the average rating of a community in Wake Forest?
The average rating is 2/5 stars.
What is the average price for a 1 Bedroom + 1 Bathroom in Wake Forest?
The average price is $1,528.16.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Wake Forest?
The average price is $1,662.23.
What is the average monthly rent for Wake Forest?
Based on 2023 city data, the average monthly rent is $1,277.00.
What is the average commute time?
Based on 2017 city data, the average commute is 31.3 mins.