There are many great employers located in the Downtown Winston-Salem area.
The Cobblestone Farmers Market is a big hit for residents of the South Marshall neighborhood.
You can enjoy boating on Salem Lake, less than 5 miles from the core of Winston-Salem.
Wise Man Brewing is known for having fun events that you can participate in like Zumba classes.
You can visit the overlook at the Quarry at Grant Park.

Winston-Salem, NC

Area Guide

Avg Rent

$1,120

Population

257,957

Renter Mix

48% Rent

The City of Arts and Innovation lives up to its title

Artistic Innovative Vibrant

Winston-Salem combines historic architecture with contemporary living spaces for renters exploring North Carolina's Piedmont region. The city spans from the preserved Moravian settlement of Old Salem to the revitalized Downtown District, where converted lofts and modern apartments create desirable rental options. Wake Forest University and the University of North Carolina School of the Arts enhance the local arts scene, while the Innovation Quarter has reimagined former tobacco warehouses into a center for technology and biomedical research. Current rental trends show one-bedroom apartments averaging $1,090, while three-bedroom units average $1,530.

Downtown Winston-Salem showcases the city's dedication to arts and innovation through the Stevens Center and numerous galleries. The Reynolda House Museum of American Art offers residents a window into American cultural heritage. Historic neighborhoods like West End feature rental properties with period details, while Ardmore provides housing options near Wake Forest Baptist Medical Center. Outdoor enthusiasts can explore Salem Lake's trail system and the preserved landscapes of Reynolda Gardens. The city's Moravian influence appears in its architecture and community celebrations, most notably during winter when Moravian stars illuminate the cityscape.

Explore the City

You can enjoy boating on Salem Lake, less than 5 miles from the core of Winston-Salem.

Wise Man Brewing is known for having fun events that you can participate in like Zumba classes.

You can visit the overlook at the Quarry at Grant Park.

There are great walking trails available within the Winston-Salem area.

With proximity to downtown Winston-Salem, Forest Park is a great option to call home.

Bowman Gray Stadium is the location for local races and WSSU games.

Demographics

Median Household Income

$53,811

Average: $76,654

Education

71,819

Residents Have a Degree

Job Market

121,637

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

37 Years

Largest Age Group

20-29 Years

Approximately 15% of Residents

Under 20

26%

Over 65

17%

Housing Distribution

Winston-Salem has more homeowners than renters.

Renters
48%
Non-Renters
52%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
24%
Other Education
76%

Rent Trends

As of June 2026, the average apartment rent in Winston-Salem, NC is $1,027 for a studio, $1,122 for one bedroom, $1,243 for two bedrooms, and $1,546 for three bedrooms. Apartment rent in Winston-Salem has increased by 0.1% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,122/month
707 Sq Ft
House
$2,202/month
1,458 Sq Ft
Condo
$1,358/month
832 Sq Ft
Townhome
$1,737/month
1,139 Sq Ft
See Rental Market Trends in Winston-Salem, NC

Cost of Living

The cost of living in Winston-Salem, NC is 10.6% lower than the national average. Generally, housing in Winston-Salem is 26.5% less expensive than the national average, with rent falling between $1,027 - $1,546. You can expect to pay 2.3% less for groceries, 6.0% less for utilities, and 10.3% less for transportation.

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Getting Around

Fairly Walkable

Walkability

50 / 100

Minimal Public Transit

Transit

10 / 100

Moderately Drivable

Drivability

70 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

Meadowlark Elementary

Public

Grades PK-5

831 Students

Jefferson Elementary

Public

Grades PK-5

554 Students

Whitaker Elementary

Public

Grades PK-5

545 Students

Sherwood Forest Elementary

Public

Grades PK-5

650 Students

The Arts Based School

Public

Grades K-8

579 Students

The Arts Based School

Public

Grades K-8

579 Students

The Downtown School

Public

Grades PK-8

409 Students

Jefferson Middle

Public

Grades 6-8

800 Students

Quality Education Academy

Public

Grades K-12

673 Students

Carter G Woodson School

Public

Grades K-12

451 Students

Atkins Acadmic & Technology High

Public

Grades 9-12

1,192 Students

Early College Of Forsyth County

Public

Grades 9-12

285 Students

Oak Grove High

Public

Grades 9-12

958 Students

Quality Education Academy

Public

Grades K-12

673 Students

Carter G Woodson School

Public

Grades K-12

451 Students

Points of Interest

Parks and Recreation

  • Children's Museum of Winston-Salem
  • Old Salem Museums & Gardens
  • Reynolda Gardens
  • SciWorks Science Center

Airports

  • Piedmont Triad International

Top Apartments in Winston-Salem

Houses for Rent in Winston-Salem

Search Nearby Rentals

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 June 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.