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Rental Market Trends in Winston-Salem, NC

What is the average rent in Winston-Salem, NC?

$1,117/month

Average Rent

701 Sq Ft

Average Apartment Size

+0.7%

Increase in the Last Year

As of July 2025, the average rent in Winston-Salem, NC is $1,117 per month. This is 32% lower than the national average rent of $1,637/month, making renting in Winston-Salem more affordable than most cities in the US. When you rent an apartment in Winston-Salem, you can expect to pay about $1,004 per month for a studio, $1,117 for a one-bedroom apartment, and around $1,239 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,532 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,004/month
500 Sq Ft
One Bedroom
$1,117/month
701 Sq Ft
Two Bedroom
$1,239/month
978 Sq Ft
Three Bedroom
$1,532/month
1,228 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$954/month
547 Sq Ft
Two Bedroom
$1,349/month
685 Sq Ft
Three Bedroom
$1,870/month
1,443 Sq Ft
Four Bedroom
$2,494/month
2,213 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,008/month
243 Sq Ft
Two Bedroom
$1,545/month
497 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,566/month
1,061 Sq Ft
Three Bedroom
$1,882/month
1,307 Sq Ft

How much has average rent changed in Winston-Salem, NC?

In the past year, rent has increased by 0.7%, which averages out to $8 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Winston-Salem, NC
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Winston-Salem, NC
Percentage*
Rent Range
21% Below $700/month
32% $700 - $1,000/month
34% $1,001 - $1,500/month
12% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Winston-Salem?

Based on current rent prices, Bethabara, Windsor Estates and Alaris Village are the most affordable neighborhoods in Winston-Salem.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bethabara
$854/month
544 Sq Ft
Windsor Estates
$921/month
806 Sq Ft
Alaris Village
$929/month
630 Sq Ft
Reynolda Road Commercials
$937/month
686 Sq Ft
Brandmere
$972/month
681 Sq Ft
Stonewall/Salemtowne
$993/month
690 Sq Ft
Konnoak
$1,019/month
750 Sq Ft
Deacon Ridge Condominiums Townhouses
$1,066/month
608 Sq Ft
Southeast Winston-Salem
$1,101/month
766 Sq Ft
Brookridge
$1,102/month
633 Sq Ft

What are the most expensive neighborhoods in Winston-Salem?

Based on current rent prices, Watkins, Westend and West End Village are the most expensive neighborhoods in Winston-Salem.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Watkins
$2,087/month
699 Sq Ft
Westend
$1,811/month
723 Sq Ft
West End Village
$1,793/month
719 Sq Ft
Innovation Quarter
$1,619/month
690 Sq Ft
Goler Heights
$1,610/month
645 Sq Ft
Arts District
$1,600/month
659 Sq Ft
Downtown Winston-Salem
$1,590/month
682 Sq Ft
Holly Avenue
$1,589/month
711 Sq Ft
West Side
$1,582/month
680 Sq Ft
Crystal Towers-East
$1,573/month
739 Sq Ft

Which Winston-Salem neighborhoods have the most rentals available?

The neighborhoods in Winston-Salem with the most apartments available are Northeast Winston-Salem, S Downtown Winston-Salem and Downtown Winston-Salem .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Northeast Winston-Salem
$1,365/month
767 Sq Ft
S Downtown Winston-Salem
$1,257/month
830 Sq Ft
Downtown Winston-Salem
$1,590/month
682 Sq Ft
Brookridge
$1,102/month
633 Sq Ft
West Side
$1,582/month
680 Sq Ft
Holly Avenue
$1,589/month
711 Sq Ft
West End Village
$1,793/month
719 Sq Ft
Westend
$1,811/month
723 Sq Ft
Atwood Acres
$1,342/month
984 Sq Ft
Southeast Winston-Salem
$1,101/month
766 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Winston-Salem, NC?

Because the average rent in Winston-Salem is $1,117, you’ll want to make about $3,723 per month or $44,676 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Winston-Salem, NC is 7.5% lower than the national average. Generally, housing in Winston-Salem is 23.5% less expensive than the national average, with rent falling between $1,004 - $1,532. You can expect to pay 3.0% less for groceries, 0.1% less for utilities, and 8.2% less for transportation.

City

Winston-Salem, NC

2,683 Available Apartments for Rent

Search for Nearby Apartments

How does Winston-Salem, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Winston-Salem, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Winston-Salem, NC

Apartment Averages

Bethabara

Winston-Salem, NC

Watkins

Winston-Salem, NC

Studio
-
-
One Bedroom
$918/month
-
Two Bedroom
$917/month
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Kernersville Average Rent
  • Clemmons Average Rent
  • Lewisville Average Rent

Apartment communities in Winston-Salem we think you'll love

Northcliffe Forest Apartments

Northcliffe Forest Apartments

2030 Northcliffe Dr,
Winston-Salem, NC 27106

1-2 Beds | $848 - $1,377

The Lofts at the Plaza

The Lofts at the Plaza

4825 Commercial Plaza St,
Winston-Salem, NC 27104

1-2 Beds | $959 - $1,195

Lofts at Mill Creek Apartments

Lofts at Mill Creek Apartments

100 Stagecoach Rd,
Winston-Salem, NC 27105

1-2 Beds | $925 - $1,195

Wallburg Landing

Wallburg Landing

4825 Wallburg Landing St,
Winston-Salem, NC 27107

1-2 Beds | $1,195 - $1,535

Property Management Companies in Winston-Salem, NC

Parr Investments
Parr Investments
  • 11

    Communities

  • 2,769

    Units

  • 3

    Cities

11 Communities in Winston-Salem
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 263

    Communities

  • 63,026

    Units

  • 121

    Cities

8 Communities in Winston-Salem
Apartment Dynamics
Apartment Dynamics
  • 43

    Communities

  • 6,684

    Units

  • 24

    Cities

5 Communities in Winston-Salem
Greystar
Greystar
  • 3,277

    Communities

  • 911,260

    Units

  • 848

    Cities

4 Communities in Winston-Salem
Wellington Advisors
Wellington Advisors
  • 21

    Communities

  • 3,469

    Units

  • 15

    Cities

4 Communities in Winston-Salem
SYNCO Properties
SYNCO Properties
  • 11

    Communities

  • 2,381

    Units

  • 9

    Cities

4 Communities in Winston-Salem
BSC Holdings, Inc.
BSC Holdings, Inc.
  • 12

    Communities

  • 2,597

    Units

  • 6

    Cities

4 Communities in Winston-Salem
TriPoint Properties
TriPoint Properties
  • 10

    Communities

  • 479

    Units

  • 6

    Cities

4 Communities in Winston-Salem

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United States North Carolina Winston-Salem Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity