Winston - Salem, NC Rental Market Trends
What is the average rent in Winston - Salem?
The average rent for an apartment in Winston - Salem is $961, a 7% increase compared to the previous year.
Average Rent in Winston - Salem, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $961 | 7% | 916 sq. ft. |
What is the average apartment size in Winston - Salem?
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
- < $5002%
- $501-$70017%
- $701-$1,00046%
- $1,001-$1,50029%
- $1,501-$2,0005%
- > $2,0002%
Winston - Salem, NC Occupied Housing Units
- Renter-occupied Households37%
- Owner-occupied Households62%
57,907 or 37% of the households in Winston - Salem, NC are renter-occupied while 98,530 or 62% are owner-occupied.
Winston - Salem, NC Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Winston - Salem, NC | $795 | $813 | $835 | $843 | $865 | $892 | $894 | $903 | $937 | $957 | $961 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Winston - Salem, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| City View | $1,339 |
| Holly Avenue | $1,339 |
| Old Salem | $1,339 |
| Reynoldstown | $1,339 |
| South Marshall | $1,339 |
| Morningside Manor | $1,124 |
| Reynolds Manor | $1,124 |
| Shalimar | $1,124 |
| WSSU | $1,124 |
| Kings Court - Hampstead | $1,115 |
| Kenilworth | $1,115 |
| Happy Hill | $1,062 |
| Washington Park | $1,051 |
| West Salem | $1,051 |
| Stone Forest - Salem Lake | $1,036 |
| West End Winston | $1,031 |
| Beeson Acres | $1,026 |
| Castleshine Woods | $1,026 |
| Crystal Towers | $1,026 |
| Downtown Winston - Salem | $1,026 |
| Drayton Pines | $1,026 |
| Dreamland | $1,026 |
| East Winston | $1,026 |
| Forest Valley - Williston | $1,026 |
| Kimberly Gateway Commons | $1,026 |
| Lakeside | $1,026 |
| North East Winston | $1,026 |
| North Winston | $1,026 |
| Providence Square | $1,026 |
| Silver Chalice | $1,026 |
| Skyland | $1,026 |
| Slater Park | $1,026 |
| Spaulding Drive | $1,026 |
| Winston Lake Estates | $1,026 |
| Ardmore | $1,017 |
| Boston Thurmon | $980 |
| Reynolda Park | $980 |
| West Highlands | $970 |
| Ashley Forest | $967 |
| Baycreek | $967 |
| Baywood Forest | $967 |
| Beacon Hill | $967 |
| Bent Tree Farm | $967 |
| Bethabara | $967 |
| Bethabara Estates | $967 |
| Brookcliffe | $967 |
| Brookridge | $967 |
| Brownstone | $967 |
| Buckingham Park - Spicewood | $967 |
| Cedar Forest | $967 |
| Chadwyck | $967 |
| Fieldwood | $967 |
| Fleetwood Farms | $967 |
| Forsyth Forest | $967 |
| Foxhall | $967 |
| Georgetown | $967 |
| Grandview - Patrick Place | $967 |
| Green Acres | $967 |
| Hope Valley | $967 |
| Mallard Lakes | $967 |
| Merrimont | $967 |
| Merrimont Hills | $967 |
| Millbrook | $967 |
| Moravian Forest | $967 |
| Old Town Heights | $967 |
| Old Town Winston - Salem | $967 |
| Quail Point | $967 |
| Reynolda | $967 |
| Ridgemere | $967 |
| Roman Acres | $967 |
| Ryanvaille | $967 |
| Salem West | $967 |
| Shattalon Heights | $967 |
| Shattalon Lake Estates | $967 |
| Sterling Court | $967 |
| Still Meadow | $967 |
| Stonewall | $967 |
| Summerfield | $967 |
| Summit | $967 |
| Town and Country Estates | $967 |
| Warwickshipie Estates | $967 |
| West Polo Road | $967 |
| Whispering Winds | $967 |
| Windsor Estates | $967 |
| Winsor Place | $967 |
| Woodberry Forest | $967 |
| Woodside | $967 |
| Buttonwood Estates | $959 |
| Century Oaks | $959 |
| Forestdale | $959 |
| Graylyn | $959 |
| Huntscroft | $959 |
| Meadowlark Glen | $959 |
| Millhaven | $959 |
| Mount Tabor | $959 |
| New Forestdale | $959 |
| New Sherwood Forest | $959 |
| Old Sherwood Forest | $959 |
| Reynolda House | $959 |
| Robinhood Dell | $959 |
| Robinhood Park | $959 |
| Robinhood Trails | $959 |
| Meadowlark Downs | $954 |
| Nottingham Park | $954 |
| Winston - Salem Country Club | $950 |
| Cedar View | $947 |
| Colony West | $947 |
| Knob View | $947 |
| Mountain View | $947 |
| Peace Haven | $947 |
| Rollinghills | $947 |
| Stonebridge | $947 |
| Ardmore Village | $944 |
| Branningan Village | $944 |
| Caroline Village | $944 |
| Carriage Cove | $944 |
| Cross Winds | $944 |
| Darwick Acres | $944 |
| Janita Lakes Estates | $944 |
| Kingstree | $944 |
| Konnoak | $944 |
| McIver Farms | $944 |
| Pinedale Manor | $944 |
| Shore Acres - Farmbrook | $944 |
| Turtle Creek | $944 |
| Twin Cedars Laurel Park | $944 |
| Wilshire Estates | $944 |
| Winding Woods | $944 |
| Belews Creek | $943 |
| Breckingridge | $939 |
| Atwood Acres | $938 |
| Biltmore | $938 |
| Hanestown | $938 |
| Old Vineyard | $938 |
| South Fork | $938 |
| South Peace Haven | $938 |
| Stratford Manor | $938 |
| The Village | $938 |
| Westbrook | $938 |
| Huntcliff | $937 |
| Hanover Park | $935 |
| Aldbrige | $934 |
| Briar Glen | $934 |
| British Woods | $934 |
| Edgewood Farms | $934 |
| Hampton Sted | $934 |
| Heather Hills | $934 |
| Hootstown | $934 |
| Mountain Brook | $934 |
| Stratford Crossing | $934 |
| Twin Gardens | $934 |
| Sedgemont | $934 |
| Ashford | $930 |
| Canton Forest | $930 |
| Hampton Woods | $930 |
| Hillcrest | $930 |
| Hunters Ridge | $930 |
| Huntington Woods | $930 |
| McGregor Downs | $930 |
| McGregor Park | $930 |
| Salem Woods | $930 |
| West View | $930 |
| Abington | $918 |
| Arbor Acres | $908 |
| Buena Vista | $908 |
| Old Town Country Club | $908 |
| Brookwood | $889 |
| Cherryview | $889 |
| Colonial Estates | $889 |
| North Haven | $889 |
| Piney Grove | $889 |
| Salemtowne | $889 |
| Wake Forest | $889 |
| Creekview - Wedgewood | $887 |
| Swink Acres | $887 |
| Beeson Park - Country Meadows | $850 |
| Corbin Place - Smith Farms | $850 |
| Union Cross | $850 |
| Belview | $848 |
| Easton | $848 |
| Forest Park | $848 |
| Meredith Woods | $848 |
| NCSA | $848 |
| Oliver's Crossing | $848 |
| Skyline Village - Columbia Terrace | $848 |
| South Park | $848 |
| South View | $848 |
| Sunnyside | $848 |
| Union Ridge | $848 |
| Weston | $848 |
| Brookhill Park | $821 |
| Oakwood Estates | $749 |
| Remington Ridge | $749 |
| Angel Oaks | $697 |
| Clayton Acres | $697 |
| Holly Ridge | $697 |
| Pinebrook Valley | $697 |
| Stanleyville | $697 |
| Summer Trace | $697 |
| Barnswood Estates | $697 |
| Flat Rock | $697 |
| Kimball Acres | $697 |
| Parkview | $697 |
| Reynolda Forest - Salem Lake | $697 |
| Salem Gardens | $697 |
| South Main | $697 |
| Waughtown | $697 |
| Bowen Park | $682 |
| Cardinal Acres | $682 |
| Castle Heights | $682 |
| Cherry View | $682 |
| Creekwood Acres | $682 |
| Eastgate Village | $682 |
| Eastwood Estates | $682 |
| Ebony Hills | $682 |
| Fair Oaks | $682 |
| Ferrell Heights | $682 |
| Forest Hills | $682 |
| Glenn Avenue | $682 |
| Greenway | $682 |
| Huff Hills | $682 |
| Hunter Hill | $682 |
| Jefferson Gardens | $682 |
| Mineral Springs | $682 |
| Monticello Park | $682 |
| Montview | $682 |
| North Hills | $682 |
| Northampton | $682 |
| Northview | $682 |
| Northwoods Estate | $682 |
| Oak Summit | $682 |
| Ogburn Station | $682 |
| Old Carver | $682 |
| Old Cherry | $682 |
| Piedmont Park | $682 |
| Pinebrook Country Club | $682 |
| Pinebrook Manor | $682 |
| Plantation Homes | $682 |
| Prospect Park | $682 |
| Retnuh Hills | $682 |
| Spanish Pines | $682 |
| Wildwood Park | $682 |
What are the most affordable neighborhoods in Winston - Salem?
The most affordable neighborhoods in Winston - Salem are Bowen Park, where the average rent goes for $682/month, Cardinal Acres, where renters pay $682/mo on average, and Castle Heights, where the average rent goes for $682/mo. If you’re looking for other great deals, check out the listings from Cherry View ($682), Creekwood Acres ($682), and Eastgate Village ($682), where the asking prices are below the average Winston - Salem rent of $961/mo.
What are the most expensive neighborhoods in Winston - Salem?
The most expensive neighborhoods in Winston - Salem are Old Salem ($1,339), Reynoldstown ($1,339) and South Marshall ($1,339).
What are the most popular neighborhoods in Winston - Salem?
The most popular neighborhood in Winston - Salem is Ardmore, where there are 4 verified RENTCafé listings with an average rent of $1,017. Next up is Colonial Estates, where apartments go for $889/month, followed by Stone Forest - Salem Lake with $1,036 If you’re looking to rent in Winston - Salem’s most popular neighborhoods, make sure to also check out Downtown Winston - Salem, where renters pay $1,026 on average, and Meredith Woods, where the average monthly rent is $848.
Winston - Salem | Rent Comparison by Neighborhood
Rent in Abington is 2% lower than in Aldbrige
Abington rent is 4% lower than Winston - Salem average
| Average Rent | $918 |
|---|
Aldbrige rent is 3% lower than Winston - Salem average
| Average Rent | $934 |
|---|
How Winston - Salem Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,321 | 5% |
| Raleigh | $1,287 | 3% |
| Greensboro | $1,000 | 7% |
| Winston - Salem | $961 | 7% |
| Wilmington | $1,267 | 8% |
| Durham | $1,231 | 3% |
| Concord | $1,160 | 5% |
| High Point | $921 | 9% |
| Mooresville | $1,226 | 8% |
| Kannapolis | $1,019 | 12% |
| Burlington | $1,017 | 13% |