Chatham Place Apartments
305 W 4th St,
Winston-Salem, NC 27101
$1,040 - $1,700
1 Bed
Downtown Winston-Salem
Winston-Salem, NC
Downtown Winston-Salem - Winston-Salem, NC
Area Guide
The heart of the City of Arts and Innovation
Bustling
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Artistic
•
Dining
•
Entertainment
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Great Location
•
Downtown Winston-Salem is the reason the city is known as an enclave for arts and entertainment. The heart of the city is filled with art galleries and studios, theaters, and entertainment venues. View a ballet at Stevens Center or a play at the Milton Rhodes Center for the Arts. Benton Convention Center and Millennium Center hosts a plethora of events each year from conventions to luncheons. Downtown Winston-Salem also has a lively nightlife and eclectic dining scene. Breweries, bars, and trendy eateries serving international fare are located throughout downtown. These excellent amenities combined with events like art festivals and farmers markets ensure that Downtown Winston-Salem is always exciting.
Attracting even more renters, the district is convenient to the Historic Town of Salem and several institutions including the University of North Carolina School of the Arts, Winston-Salem State University, and Wake Forest University. If want to live in the mix year round, Downtown Winston-Salem has plenty of lofts, apartments, and house available for rent.
Rent Trends
As of February 2026, the average apartment rent in Downtown Winston-Salem is $973 for a studio, $1,397 for one bedroom, $2,013 for two bedrooms, and $2,289 for three bedrooms. Apartment rent in Downtown Winston-Salem has increased by 1.6% in the past year.
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Studio
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494 sq ft
Average Sq Ft
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$973/month
Average Rent
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1 BR
-
659 sq ft
Average Sq Ft
-
$1,397/month
Average Rent
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2 BR
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906 sq ft
Average Sq Ft
-
$2,013/month
Average Rent
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3 BR
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148 sq ft
Average Sq Ft
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$2,289/month
Average Rent
Transportation
87
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
75
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Parks and Recreation
- Children's Museum of Winston-Salem
- Old Salem Museums & Gardens
- Reynolda Gardens
- SciWorks Science Center
Commuter Rail
Airports
- Piedmont Triad International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.