Chatham Place Apartments
305 W 4th St,
Winston-Salem, NC 27101
$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
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Dining
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Entertainment
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Great Location
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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 May 2026, the average apartment rent in Downtown Winston-Salem is $910 for a studio, $1,357 for one bedroom, $2,004 for two bedrooms, and $2,303 for three bedrooms. Apartment rent in Downtown Winston-Salem has decreased by -0.2% in the past year.
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Studio
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488 sq ft
Average Sq Ft
-
$910/month
Average Rent
-
1 BR
-
656 sq ft
Average Sq Ft
-
$1,357/month
Average Rent
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2 BR
-
904 sq ft
Average Sq Ft
-
$2,004/month
Average Rent
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3 BR
-
148 sq ft
Average Sq Ft
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$2,303/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Winston-Salem - Winston-Salem, NC is for everyday living.
Exceptionally Walkable
Walkability
90
/ 100
Limited Public Transit
Transit
30
/ 100
Fairly Drivable
Drivability
50
/ 100
Moderately Bikeable
Bikeability
70
/ 100
Daily Essentials
Downtown Winston-Salem - Winston-Salem, NC offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 15 Minute Walk
Groceries
70
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Fair Café Variety Nearby
Cafes
50
/ 100
Fair Variety of Shops Nearby
Shopping
50
/ 100
Recreation
Downtown Winston-Salem - Winston-Salem, NC provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
70
/ 100
Good Wellness Amenity Variety Nearby
Wellness
60
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Winston-Salem - Winston-Salem, NC from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
60
/ 100
Exceptional Nightlife Variety Nearby
Nightlife
90
/ 100
Somewhat Noisy
Quiet Score
80
/ 100
Scores provided by
Points of Interest
Parks and Recreation
- Children's Museum of Winston-Salem
- Old Salem Museums & Gardens
- Reynolda Gardens
- SciWorks Science Center
Commuter Rail
Military Bases
Airports
- Piedmont Triad International
Top Apartments in Downtown Winston-Salem
Houses for Rent in Downtown Winston-Salem
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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.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.