Rent to own Homes in Wake Forest, NC

The sixth largest city in North Carolina, Wake Forest has a population of 34,752. Considered by the U.S. Census Bureau to be one of the fastest growing cities in the US, Wake Forest has had its population nearly triple since 2000. Ranked as the #8 most livable city in North Carolina, Wake Forest offers terrific local amenities with more than twenty restaurants within two miles of Main Street, a stable housing market and plenty of activities for residents.

Wake Forest, NC is a great place for affordable rent-to-own homes! With a median household income of over $100,162 and a median rent of $1,190, the Wake Forest, NC rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Wake Forest, NC. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Wake Forest, NC rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
4921 UNIVERSAL DR
Rent To Own
 
Single Family Home
Wake Forest, NC 27587
3
2
1500 ft2
1972
6900 GLENDOWER RD
Rent To Own
 
Single Family Home
Raleigh, NC 27613
3
2
1400 ft2
1983
Hot
140 PARKHAVEN LN
Rent To Own
 
Single Family Home
Garner, NC 27529
3
2
1223 ft2
1996
Hot
1 of 8 133 TAST DR
Rent To Own
 
Single Family Home
Wendell, NC 27591
3
3
1727 ft2
2001
202 BRITTANY PL
Rent To Own
 
Single Family Home
Cary, NC 27511
6
7
7099 ft2
1999
1077 UPCHURCH FARM LN
Rent To Own
Upchurch Farms
Single Family Home
Cary, NC 27519
6
4
3600 ft2
2004
917 Dacian Ave APT 9
Rent To Own
 
Single Family Home
Durham, NC 27701
1
1
470 ft2
1821 STROUP ST
Rent To Own
 
Townhouse/Condo
Apex, NC 27502
4
4
2450 ft2
2021
1 of 66 3504 SPARROWWOOD DR
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
4
3
3390 ft2
2002
1 of 92 305 STOKE HAMMOND CT
Rent to Own Eligible
 
Single Family Home
Rolesville, NC 27571
4
4
2818 ft2
2006
1 of 31 1232 HERITAGE CLUB AVE
Rent to Own Eligible
Heritage
Townhouse/Condo
Wake Forest, NC 27587
3
3
2871 ft2
2011
1 of 33 1237 SHADOW SHADE DR
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
4
4
2793 ft2
2022
1 of 24 12508 HONEYCHURCH ST
Rent to Own Eligible
 
Single Family Home
Raleigh, NC 27614
4
3
2560 ft2
2006
New
11711 Mezzanine Dr
Rent to Own Eligible
 
Townhouse/Condo
Raleigh, NC 27614
3
3
1693 ft2
2007
1343 LEGACY GREENE AVE
Rent to Own Eligible
Heritage
Townhouse/Condo
Wake Forest, NC 27587
3
3
1645 ft2
2005
1 of 56 625 SUMMERTIME FIELD LN
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
4
3
2798 ft2
2018
11710 Coppergate Dr
Rent to Own Eligible
 
Townhouse/Condo
Raleigh, NC 27614
3
3
1692 ft2
2009
1 of 11 1404 HERITAGE CLUB AVE
Rent to Own Eligible
Heritage
Single Family Home
Wake Forest, NC 27587
4
4
4178 ft2
2003
1 of 62 4808 ROGERS RD
Rent to Own Eligible
 
Single Family Home
Rolesville, NC 27571
3
3
1840 ft2
1959
11731 Mezzanine Dr
Rent to Own Eligible
 
Townhouse/Condo
Raleigh, NC 27614
3
3
1694 ft2
2005
1 of 111 1405 YARDLEY DR
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
4
4
3732 ft2
2017
1 of 50 319 SPAIGHT ACRES WAY
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
3
3
1814 ft2
2023
1 of 48 315 SPAIGHT ACRES WAY
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
3
3
1814 ft2
2023
1 of 24 1004 LIGHTFOOT CT
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
3
3
1312 ft2
1983
New
1 of 72 1320 HERITAGE HILLS WAY
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
3
2
1967 ft2
2007
1 of 103 160 ETTEINNE GARDEN LN
Rent to Own Eligible
 
Townhouse/Condo
Wake Forest, NC 27587
3
3
1850 ft2
2021
1 of 113 317 FORBES RD
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
4
3
2462 ft2
2011
1 of 91 1201 WINKWORTH WAY
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
4
5
4229 ft2
2022
1 of 69 2231 SWEET ANNIE WAY
Rent to Own Eligible
 
Townhouse/Condo
Wake Forest, NC 27587
3
3
1712 ft2
2017
1 of 54 313 STAPLES DR
Rent to Own Eligible
 
Single Family Home
Rolesville, NC 27571
3
3
2553 ft2
1998
1 of 51 2818 GROSS AVE
Rent to Own Eligible
 
Townhouse/Condo
Wake Forest, NC 27587
3
3
1454 ft2
2005
New
1 of 30 804 CALISTA DR
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
2
2
1731 ft2
2019
1 of 49 317 SPAIGHT ACRES WAY
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
3
3
1814 ft2
2023
New
1 of 78 2204 SWEET ANNIE WAY
Rent to Own Eligible
 
Townhouse/Condo
Wake Forest, NC 27587
3
3
1677 ft2
2017
1 of 58 408 FLAHERTY AVE
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
2
2
1154 ft2
1999
1 of 129 8505 ALDEN LN
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
4
3
3448 ft2
2017
1 of 68 5501 VIA LOMBARDIA PLZ
Rent to Own Eligible
 
Single Family Home
Wake Forest, NC 27587
4
4
4381 ft2
2022
New
10405 CHANDLER WAY
Rent to Own Eligible
Bedford At Falls River
Single Family Home
Raleigh, NC 27614
4
3
3062 ft2
2002
1 of 80 2640 CASHLIN DR
Rent to Own Eligible
 
Single Family Home
Raleigh, NC 27616
4
4
2893 ft2
2009
1 of 24 3507 BRIGHT HORIZONS WAY
Rent to Own Eligible
Bedford At Falls River
Single Family Home
Raleigh, NC 27614
4
3
3035 ft2
2006
New
1 of 69 11206 LOFTY HEIGHTS PL
Rent to Own Eligible
 
Townhouse/Condo
Raleigh, NC 27614
2
3
1371 ft2
2006
New
1 of 82 4346 AUBURN HILLS DR
Rent to Own Eligible
 
Single Family Home
Raleigh, NC 27616
5
3
2773 ft2
2016
New
113 CAMILLE CIR
Rent to Own Eligible
 
Single Family Home
Youngsville, NC 27596
4
3
1806 ft2
2006
1 of 24 2220 Valley Edge Dr
Rent to Own Eligible
 
Townhouse/Condo
Raleigh, NC 27614
3
3
1680 ft2
2009
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Rent to own Homes in Cities Near Wake Forest, NC

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Neighborhoods in Wake Forest, NC

Heritage rent to own homes

Popular Zip Codes in Wake Forest, NC

27588 rent to own homes 27587 rent to own homes

Buying a Home in Wake Forest, NC

Wake Forest, NC is seeing rapid growth and Wake Forest, NC's' housing market remains not optimal with an average home price that is 44% above the 2024 national average. Wake Forest, NC is part of Wake county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Wake is 0.81% which is below the national average, which is 0.99%.

Median Home Price in Wake Forest, NC

Median Rent in Wake Forest, NC

Rent to own homes offer low monthly payments and flexible terms.

Top 6 Reasons to Live in Wake Forest, NC

Price Cuts Are Your Friend! Anytime you hear that more than 30 percent of listings in a city have had a price cut, it is time to pay attention because this means homeowners are motivated to sell. In Wake Forest, not only have 31.5 percent of listings had a price cut, but also 29.3% percent have sold below the list price. Feel confident on making an offer below list in a neighborhood of new construction houses like Springtime Fields Lane or Rainy Lake Street.

Home Values Going Higher! After peaking in 2009 at nearly $280,000, the median home value in Wake Forest has fallen steadily. However, Wake Forest is once again seeing growth with a 5 percent increase in the median home value in 2014 to $250,400. With the number expected to grow another 3.2 percent, now is the time to purchase a rent to own home in an area that is growing in value. The neighborhoods of Neville Court and Granite Ridge offer the best value.

Numerous Historical Attractions! Listed on the National Register of Historic Places, The Dubois Center was the school for the African-American community from 1926 till the end of segregation in 1971. Learn about the history of the city at the Wake Forest Historical Museum.

Outdoor Recreation and its Best! Within Wake Forest, there are 10 parks and community centers that encompasses more than 40,000 acres of land. At the Fish Lake State Recreation Area, you'll find 30,000 acres of land and the 12,000 acre Falls Lake perfect for activities ranging from boating to fishing to mountain biking to hiking. Head to the J.B Flaherty Park and find eight baseball fields, three soccer fields and lighted tennis courts.

Delicious Cuisine! Head to the University of Wake Forest to their on-campus Dairy Depot for homemade ice cream that is made every day. For the best crab in the city, the Backfires Crab House has been in business for more than three decades.

Great Local Shops! Head to Downtown Wake Forest to experience great shopping at local businesses like The Cotton Company for home decor or Southern Classic Cars for beautiful vintage automobiles.