diff --git a/rate/rate.go b/rate/rate.go
index eabcd11..7228d97 100644
--- a/rate/rate.go
+++ b/rate/rate.go
@@ -253,8 +253,12 @@
 	if !r.ok {
 		return fmt.Errorf("rate: Wait(n=%d) would exceed context deadline", n)
 	}
-	// Wait
-	t := time.NewTimer(r.DelayFrom(now))
+	// Wait if necessary
+	delay := r.DelayFrom(now)
+	if delay == 0 {
+		return nil
+	}
+	t := time.NewTimer(delay)
 	defer t.Stop()
 	select {
 	case <-t.C:
diff --git a/rate/rate_test.go b/rate/rate_test.go
index e8add69..ec8c66d 100644
--- a/rate/rate_test.go
+++ b/rate/rate_test.go
@@ -447,3 +447,13 @@
 		}
 	})
 }
+
+func BenchmarkWaitNNoDelay(b *testing.B) {
+	lim := NewLimiter(Limit(b.N), b.N)
+	ctx := context.Background()
+	b.ReportAllocs()
+	b.ResetTimer()
+	for i := 0; i < b.N; i++ {
+		lim.WaitN(ctx, 1)
+	}
+}