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Rental Market Trends in Winston-Salem, NC

Updated July 2026

The average rent in Winston-Salem, NC is $1,120/month.

Rent in Winston-Salem is 33% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,120/month

Average Rent

708 Sq Ft

Average Size

+2%

Change / Year

2,989

Available Apartments

Winston-Salem rent varies by unit size and layout:

  • Studio apartments in Winston-Salem average $1,028 per month.
  • One-bedroom apartments in Winston-Salem average $1,120 per month.
  • Two-bedroom apartments in Winston-Salem average $1,247 per month.
  • Three-bedroom apartments in Winston-Salem average $1,558 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,028/month
513 Sq Ft
One Bedroom
$1,120/month
708 Sq Ft
Two Bedroom
$1,247/month
987 Sq Ft
Three Bedroom
$1,558/month
1,279 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$987/month
636 Sq Ft
Two Bedroom
$1,345/month
784 Sq Ft
Three Bedroom
$2,420/month
1,460 Sq Ft
Four Bedroom
$2,374/month
2,054 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,067/month
649 Sq Ft
Two Bedroom
$1,472/month
897 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,705/month
1,355 Sq Ft
Three Bedroom
$1,852/month
1,391 Sq Ft
View Winston-Salem Apartments

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

In the past year, rent has increased by 2%, which averages out to $23 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Winston-Salem, NC

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Winston-Salem, NC
Percentage*
Rent Range
18% Below $700/month
30% $700 - $1,000/month
39% $1,001 - $1,500/month
10% $1,501 - $2,000/month
3% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Winston-Salem?

Based on current rent prices, Brandmere, Alaris Village and Stonewall/Salemtowne are the most affordable neighborhoods in Winston-Salem.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Brandmere
$907/month
714 Sq Ft
Alaris Village
$933/month
620 Sq Ft
Stonewall/Salemtowne
$943/month
714 Sq Ft
Windsor Estates
$956/month
702 Sq Ft
The Village
$1,000/month
745 Sq Ft
Mount Tabor
$1,003/month
697 Sq Ft
Southeast Winston-Salem
$1,021/month
726 Sq Ft
Westbrook
$1,025/month
634 Sq Ft
Tatton Park
$1,025/month
634 Sq Ft
Foxhall
$1,028/month
685 Sq Ft

What are the most expensive neighborhoods in Winston-Salem?

Based on current rent prices, Crystal Towers-East, Brookberry Farm and Arts District are the most expensive neighborhoods in Winston-Salem.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Crystal Towers-East
$1,774/month
725 Sq Ft
Brookberry Farm
$1,660/month
795 Sq Ft
Arts District
$1,628/month
660 Sq Ft
West Side
$1,621/month
670 Sq Ft
Westend
$1,597/month
710 Sq Ft
Innovation Quarter
$1,588/month
696 Sq Ft
Watkins
$1,587/month
691 Sq Ft
West End Village
$1,584/month
705 Sq Ft
Downtown Winston-Salem
$1,549/month
683 Sq Ft
Goler Heights
$1,539/month
664 Sq Ft

Which Winston-Salem neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Winston-Salem
$1,549/month
683 Sq Ft
S Downtown Winston-Salem
$1,180/month
798 Sq Ft
Northeast Winston-Salem
$1,207/month
722 Sq Ft
Brookridge
$1,245/month
700 Sq Ft
N Downtown Winston-Salem
$1,272/month
762 Sq Ft
West Side
$1,621/month
670 Sq Ft
Holly Avenue
$1,489/month
691 Sq Ft
Westend
$1,597/month
710 Sq Ft
Innovation Quarter
$1,588/month
696 Sq Ft
West End Village
$1,584/month
705 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 $1,120, you’ll want to make about $3,733 per month or $44,796 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 10.5% lower than the national average. Generally, housing in Winston-Salem is 25.9% less expensive than the national average, with rent falling between $1,028 - $1,558. You can expect to pay 2.1% less for groceries, 6.1% less for utilities, and 10.9% less for transportation.

City

Winston-Salem, NC

2,989 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.

View the Winston-Salem Area Guide

Apartment Averages

Brandmere

Winston-Salem, NC

Crystal Towers-East

Winston-Salem, NC

Studio
-
$1,690/month
One Bedroom
-
$1,577/month
Two Bedroom
-
$1,833/month
Three Bedroom
-
$2,463/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Kernersville

    Kernersville

Apartment Communities in Winston-Salem We Think You'll Love

Wallburg Landing

Wallburg Landing

4825 Wallburg Landing St,
Winston-Salem, NC 27107

1-3 Beds | $1,078 - $1,567

Keystone At Walkertown Landing

Keystone At Walkertown Landing

5400 Walkertown Landing Cir,
Walkertown, NC 27051

1-3 Beds | $1,343 - $1,818

The Lofts at the Plaza

The Lofts at the Plaza

4825 Commercial Plaza St,
Winston-Salem, NC 27104

1-2 Beds | $939 - $1,195

Northcliffe Forest Apartments

Northcliffe Forest Apartments

2030 Northcliffe Dr,
Winston-Salem, NC 27106

1-2 Beds | $848 - $1,977

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Frequently Asked Questions

What is the average rent in Winston-Salem?

The average rent in Winston-Salem is $1,120 per month, which is 32.7% lower than the national average of $1,663.

What is the average rent for a house in Winston-Salem?

The average rent for a house in Winston-Salem, NC is $2,420 per month.

What is the average rent for a townhome in Winston-Salem?

The average rent for a townhome in Winston-Salem, NC is $1,705 per month.

What is the average rent for a condo in Winston-Salem?

The average rent for a condo in Winston-Salem, NC is $1,067 per month.

Are rents going up or down in Winston-Salem?

Rents in Winston-Salem, NC are increasing, with prices up 2.0% year-over-year and $23 more per month.

What rent range is most common in Winston-Salem?

In Winston-Salem, NC, 39% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity