Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Wake Forest area can be challenging. Home prices in Wake Forest are now at a median cost of $509,857, higher than the North Carolina average of $323,314.
The average cost of rent is $1,591/mo in Wake Forest, primarily driven by the current value of real estate in the Wake Forest area. In Wake Forest, 20.60% of households rent, and 21.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wake Forest is $11,998 per month. Households that rent pay about 13.26% of their income on rent here. Wake Forest’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rolesville, NC: equally priced homes
- Youngsville, NC: less expensive homes
- Grissom, NC: less expensive homes
- Raleigh, NC: less expensive homes
- Katesville, NC: less expensive homes
- North Side, NC: less expensive homes
- Zebulon, NC: less expensive homes
- Bunn, NC: less expensive homes
- Louisburg, NC: less expensive homes
- Gorman, NC: less expensive homes
Cities with Similar Populations
- Vernon, OH: less expensive homes
- Veseli, MN: less expensive homes
- Warren, OH: less expensive homes
- Walker, WV: less expensive homes
- Wabeno, WI: less expensive homes
- Wabun, VA: less expensive homes
- Wabuska, NV: less expensive homes
- Watson, AL: less expensive homes
- Wacissa, FL: less expensive homes
- Warrensville, NC: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood