Winston - Salem, NC Rental Market Trends
Highlights
The average rent for an apartment in Winston - Salem is $895, a 7% increase compared to the previous year.
Average Rent in Winston - Salem, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $895 | 7% | 916 sq. ft. |
The average size for a Winston - Salem, NC apartment is 916 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Winston - Salem, NC Apartment Rent Ranges
- < $5005%
- $501-$70022%
- $701-$1,00048%
- $1,001-$1,50021%
- $1,501-$2,0003%
- > $2,0001%
Winston - Salem, NC Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
57,321 or 36% of the households in Winston - Salem, NC are renter-occupied while 98,491 or 63% are owner-occupied.
Winston - Salem, NC Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Winston - Salem, NC | $755 | $758 | $787 | $795 | $795 | $813 | $835 | $843 | $865 | $892 | $895 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Winston - Salem, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Wildwood Park | $646 |
| Spanish Pines | $646 |
| Retnuh Hills | $646 |
| Prospect Park | $646 |
| Plantation Homes | $646 |
| Pinebrook Manor | $646 |
| Pinebrook Country Club | $646 |
| Piedmont Park | $646 |
| Old Cherry | $646 |
| Old Carver | $646 |
| Ogburn Station | $646 |
| Oak Summit | $646 |
| Northwoods Estate | $646 |
| Northview | $646 |
| Northampton | $646 |
| North Hills | $646 |
| Montview | $646 |
| Monticello Park | $646 |
| Mineral Springs | $646 |
| Jefferson Gardens | $646 |
| Hunter Hill | $646 |
| Huff Hills | $646 |
| Greenway | $646 |
| Glenn Avenue | $646 |
| Forest Hills | $646 |
| Ferrell Heights | $646 |
| Fair Oaks | $646 |
| Ebony Hills | $646 |
| Eastwood Estates | $646 |
| Eastgate Village | $646 |
| Creekwood Acres | $646 |
| Cherry View | $646 |
| Castle Heights | $646 |
| Cardinal Acres | $646 |
| Bowen Park | $646 |
| Summer Trace | $658 |
| Stanleyville | $658 |
| Pinebrook Valley | $658 |
| Holly Ridge | $658 |
| Clayton Acres | $658 |
| Angel Oaks | $658 |
| Waughtown | $665 |
| South Main | $665 |
| Salem Gardens | $665 |
| Reynolda Forest - Salem Lake | $665 |
| Parkview | $665 |
| Kimball Acres | $665 |
| Flat Rock | $665 |
| Barnswood Estates | $665 |
| Remington Ridge | $673 |
| Oakwood Estates | $673 |
| Brookhill Park | $754 |
| Weston | $782 |
| Union Ridge | $782 |
| Sunnyside | $782 |
| South View | $782 |
| South Park | $782 |
| Skyline Village - Columbia Terrace | $782 |
| Oliver's Crossing | $782 |
| NCSA | $782 |
| Meredith Woods | $782 |
| Forest Park | $782 |
| Easton | $782 |
| Belview | $782 |
| Union Cross | $794 |
| Corbin Place - Smith Farms | $794 |
| Beeson Park - Country Meadows | $794 |
| Swink Acres | $824 |
| Creekview - Wedgewood | $824 |
| Wake Forest | $827 |
| Salemtowne | $827 |
| Piney Grove | $827 |
| North Haven | $827 |
| Colonial Estates | $827 |
| Cherryview | $827 |
| Brookwood | $827 |
| Old Town Country Club | $850 |
| Buena Vista | $850 |
| Arbor Acres | $850 |
| Abington | $852 |
| Winding Woods | $857 |
| Wilshire Estates | $857 |
| Twin Cedars Laurel Park | $857 |
| Turtle Creek | $857 |
| Shore Acres - Farmbrook | $857 |
| Pinedale Manor | $857 |
| McIver Farms | $857 |
| Konnoak | $857 |
| Kingstree | $857 |
| Janita Lakes Estates | $857 |
| Darwick Acres | $857 |
| Cross Winds | $857 |
| Carriage Cove | $857 |
| Caroline Village | $857 |
| Branningan Village | $857 |
| Ardmore Village | $857 |
| Belews Creek | $860 |
| Twin Gardens | $883 |
| Stratford Crossing | $883 |
| Mountain Brook | $883 |
| Hootstown | $883 |
| Heather Hills | $883 |
| Hampton Sted | $883 |
| Edgewood Farms | $883 |
| British Woods | $883 |
| Briar Glen | $883 |
| Aldbrige | $883 |
| Huntcliff | $890 |
| Nottingham Park | $893 |
| Meadowlark Downs | $893 |
| Woodside | $895 |
| Woodberry Forest | $895 |
| Winsor Place | $895 |
| Windsor Estates | $895 |
| Whispering Winds | $895 |
| West View | $895 |
| West Polo Road | $895 |
| Warwickshipie Estates | $895 |
| Town and Country Estates | $895 |
| Summit | $895 |
| Summerfield | $895 |
| Stonewall | $895 |
| Still Meadow | $895 |
| Sterling Court | $895 |
| Shattalon Lake Estates | $895 |
| Shattalon Heights | $895 |
| Salem Woods | $895 |
| Salem West | $895 |
| Ryanvaille | $895 |
| Roman Acres | $895 |
| Ridgemere | $895 |
| Reynolda | $895 |
| Quail Point | $895 |
| Old Town Winston - Salem | $895 |
| Old Town Heights | $895 |
| Moravian Forest | $895 |
| Millbrook | $895 |
| Merrimont Hills | $895 |
| Merrimont | $895 |
| McGregor Park | $895 |
| McGregor Downs | $895 |
| Mallard Lakes | $895 |
| Huntington Woods | $895 |
| Hunters Ridge | $895 |
| Hope Valley | $895 |
| Hillcrest | $895 |
| Hampton Woods | $895 |
| Green Acres | $895 |
| Grandview - Patrick Place | $895 |
| Georgetown | $895 |
| Foxhall | $895 |
| Forsyth Forest | $895 |
| Fleetwood Farms | $895 |
| Fieldwood | $895 |
| Chadwyck | $895 |
| Cedar Forest | $895 |
| Canton Forest | $895 |
| Buckingham Park - Spicewood | $895 |
| Brownstone | $895 |
| Brookridge | $895 |
| Brookcliffe | $895 |
| Bethabara Estates | $895 |
| Bethabara | $895 |
| Bent Tree Farm | $895 |
| Beacon Hill | $895 |
| Baywood Forest | $895 |
| Baycreek | $895 |
| Ashley Forest | $895 |
| Ashford | $895 |
| Winston - Salem Country Club | $895 |
| Robinhood Trails | $895 |
| Robinhood Park | $895 |
| Robinhood Dell | $895 |
| Reynolda House | $895 |
| Old Sherwood Forest | $895 |
| New Sherwood Forest | $895 |
| New Forestdale | $895 |
| Mount Tabor | $895 |
| Millhaven | $895 |
| Meadowlark Glen | $895 |
| Huntscroft | $895 |
| Graylyn | $895 |
| Forestdale | $895 |
| Century Oaks | $895 |
| Buttonwood Estates | $895 |
| Westbrook | $895 |
| The Village | $895 |
| Stratford Manor | $895 |
| South Peace Haven | $895 |
| South Fork | $895 |
| Old Vineyard | $895 |
| Hanestown | $895 |
| Biltmore | $895 |
| Atwood Acres | $895 |
| Stonebridge | $896 |
| Rollinghills | $896 |
| Peace Haven | $896 |
| Mountain View | $896 |
| Knob View | $896 |
| Colony West | $896 |
| Cedar View | $896 |
| Hanover Park | $897 |
| Breckingridge | $898 |
| Sedgemont | $903 |
| Reynolda Park | $919 |
| Boston Thurmon | $919 |
| West Highlands | $922 |
| Ardmore | $961 |
| Winston Lake Estates | $969 |
| Spaulding Drive | $969 |
| Slater Park | $969 |
| Skyland | $969 |
| Silver Chalice | $969 |
| Providence Square | $969 |
| North Winston | $969 |
| North East Winston | $969 |
| Lakeside | $969 |
| Kimberly Gateway Commons | $969 |
| Forest Valley - Williston | $969 |
| East Winston | $969 |
| Dreamland | $969 |
| Drayton Pines | $969 |
| Downtown Winston - Salem | $969 |
| Crystal Towers | $969 |
| Castleshine Woods | $969 |
| Beeson Acres | $969 |
| Stone Forest - Salem Lake | $973 |
| West End Winston | $980 |
| Happy Hill | $993 |
| West Salem | $993 |
| Washington Park | $993 |
| Kenilworth | $1,043 |
| Kings Court - Hampstead | $1,046 |
| WSSU | $1,064 |
| Shalimar | $1,064 |
| Reynolds Manor | $1,064 |
| Morningside Manor | $1,064 |
| South Marshall | $1,266 |
| Reynoldstown | $1,266 |
| Old Salem | $1,266 |
| Holly Avenue | $1,266 |
| City View | $1,266 |
The most affordable neighborhoods in Winston - Salem are Bowen Park, where the average rent goes for $646/month, Cardinal Acres, where renters pay $646/mo on average, and Castle Heights, where the average rent goes for $646/mo. If you’re looking for other great deals, check out the listings from Cherry View ($646), Creekwood Acres ($646), and Eastgate Village ($646), where the asking prices are below the average Winston - Salem rent of $895/mo.
The most expensive neighborhoods in Winston - Salem are Old Salem ($1,266), Reynoldstown ($1,266) and South Marshall ($1,266).
The most popular neighborhood in Winston - Salem is Colonial Estates, where there are 4 verified RENTCafé listings with an average rent of $827. Next up is Downtown Winston - Salem, where apartments go for $969/month, followed by Belews Creek with $860 If you’re looking to rent in Winston - Salem’s most popular neighborhoods, make sure to also check out Shore Acres - Farmbrook, where renters pay $857 on average, and Stone Forest - Salem Lake, where the average monthly rent is $973.
Winston - Salem | Rent Comparison by Neighborhood
Rent in Abington is 3% lower than in Aldbrige
Abington rent is 5% lower than Winston - Salem average
| Average Rent | $852 |
|---|
Aldbrige rent is 1% lower than Winston - Salem average
| Average Rent | $883 |
|---|
How Winston - Salem Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,259 | 6% |
| Raleigh | $1,238 | 6% |
| Durham | $1,181 | 3% |
| Winston - Salem | $895 | 7% |
| Greensboro | $914 | 4% |
| Wilmington | $1,180 | 3% |
| High Point | $842 | 3% |
| Clemmons | $887 | 8% |
| Kernersville | $931 | 6% |
| Lewisville | $896 | 5% |
| Walkertown | $921 | 7% |
For more information about the Winston - Salem rental trends, check out our monthly rent report
Check out North Carolina Cities, North Carolina Neighborhoods and North Carolina Zip Codes for more details on verified listings, including the North Carolina Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!