Alder Ridge Apartments
3890 Old Vineyard Rd,
Winston-Salem, NC 27104
$950 - $1,525
1-3 Beds
The Village is a predominantly residential neighborhood about seven miles east of Downtown Winston-Salem. The Village offers rentals for every budget and style including single-family houses and apartments. The Village has a few businesses, but department stores, restaurants, and shopping centers aren’t far from the neighborhood. Along with plenty of amenities nearby, renters are attracted to the Village for its proximity to several colleges. The Village is convenient to Forsyth Technical College, the University of North Carolina School of the Arts, and Winston-Salem State University, which are all under nine miles away.
As of April 2026, the average apartment rent in The Village is $902 for one bedroom, $1,094 for two bedrooms, and $1,376 for three bedrooms. Apartment rent in The Village has increased by 1.1% in the past year.
1 BR
728 sq ft
Average Sq Ft
$902/month
Average Rent
2 BR
995 sq ft
Average Sq Ft
$1,094/month
Average Rent
3 BR
1,361 sq ft
Average Sq Ft
$1,376/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly The Village - Winston-Salem, NC is for everyday living.
Fairly Walkable
Walkability
Exceptionally Drivable
Drivability
Somewhat Bikeable
Bikeability
Essentials are more spread out in The Village - Winston-Salem, NC, so everyday errands require more planning.
No Supermarkets Within a 30 Minute Walk
Groceries
Fair Restaurant Variety Nearby
Restaurants
Limited Café Variety Nearby
Cafes
Limited Variety of Shops Nearby
Shopping
The Village - Winston-Salem, NC provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
Limited Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in The Village - Winston-Salem, NC from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
Limited Nightlife Variety Nearby
Nightlife
Not Noisy
Quiet Score
3,481
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† 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.