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Updated 6 hours ago

505 Elm Ave Unit 505


Wake Forest, NC

3 Bed
•
2 Bath

1,500 Sq. Ft.

Available starting Mar. 14th
Floor plans
3 Beds • 2 Bath
$675
1500 ft2
1 Available
Managed By: avail
$675 Room for Rent - 3 Bedroom 2.5 Bathroom Townhouse In Downtown Wake Forest
$675
Available Mar 14th, 2026
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505 Elm Ave Unit 505
505 Elm Ave Unit 505
505 Elm Ave Unit 505
Amenities
Air Conditioning
Fees & leasing info
Lease & Fees
Security Deposit: $300.00
Property details
Description

This is a ROOM for RENT in a 3 bedroom, 2.5 bathroom townhouse in downtown Wake Forest. Owner Seeking responsible, clean, and respectful roommate who values a peaceful and inclusive home environment. Current occupants include landlord and one tenant. Available room will have private lock and share bathroom with the other tenant. Amenities included: balcony, central air, central heat, dishwasher, hardwood floors, stainless steel appliance, updated kitchen, and washer dryer. Utility fee $100 includes : cable, electricity, heat, gas, internet, air conditioning and water. Is not pet friendly. Date Available: Mar 14th 2026. $675/month rent, plus $100 for utilities. $300 security deposit required. Please submit the form on this page or contact Krystal Kramer at 919-539-5376 to learn more. This property is managed by a responsible landlord using Avail landlord software.

Additional Details
Total Unit Count: 1
Last Updated: Updated 6 hours ago
Contact Number: (919) 539-5376
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 505 Elm Ave Unit 505 by bedroom type below.
3 Bedroom
Suggested income:
$24,300
per year
Rent report

505 Elm Ave Unit 505 Rent vs. Wake Forest Average

 505 Elm Ave Unit 505      Wake Forest Average
3BR
$675
$1,987
$0
$650
$1,300
$1,950
$2,600

505 Elm Ave Unit 505 is asking 66% less than the average 3 bedroom apartment in Wake Forest.

If you upsized to an average priced Wake Forest 4 bedroom apartment, you would pay 11% more per month.

If you downsized to an average priced Wake Forest 2 bedroom apartment, you would pay 28% less per month.

505 Elm Ave Unit 505 provides 11% less square footage than the average Wake Forest 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
505 Elm Ave Unit 505
3BR $675 $0.50 $2,025
Wake Forest Average
1BR $1,247 $1.40 $3,740
2BR $1,556 $1.30 $4,669
3BR $1,987 $1.20 $5,961
4BR $2,232 $1.00 $6,696

Availability in Wake Forest

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 31 3BR units on the market in Wake Forest. If you're looking to negotiate, this may be your best option.

1BR
2BR
3BR
4BR
35% 9% 45% 10%
Available Units in Wake Forest
1BR 24
2BR 6
3BR 31
4BR 7
Location
Nearby Hospitals
Name Distance
Wakemed North 6.89 mi.
Duke Health Raleigh Hospital 11.93 mi.
Unc Hospitals At Wakebrook 13.95 mi.
Nearby Fire Stations
Name Distance
Stony Hill Rural Fire Department, Inc. 0.45 mi.
Wake Forest Fire Department 0.45 mi.
Youngsville Volunteer Fire Department 3.55 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on March 14, 2026.
What's the square footage of the available units?
It's 1,500 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
505 Elm Ave Unit 505 has a 3 bedroom unit starting at $675.
Where is this property located?
This property is at 505 Elm Ave Unit 505 in Wake Forest, NC. It's 0.5 miles northwest from the center of Wake Forest.
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