Downtown Winston - Salem, Winston - Salem, NC Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Winston - Salem is $1,754, a 2.65% decrease compared to the previous year, when the average rent was $1,802.
One-bedroom apartments provide 679 square feet for $1,526, balancing privacy and affordability.
Two-beedroom units at $2,055 offer 1,118 square feet, perfect for roommates or small families.
Average rent in Downtown Winston - Salem, Winston - Salem, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,754 | 865 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,526 | 679 sq. ft. |
| 2 Beds | $2,055 | 1,118 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown Winston - Salem, Winston - Salem, NC rent trends
Rental prices in Downtown Winston - Salem, Winston - Salem, NC have decreased by 2.65% over the past year. The average rent moved from $1,802 to $1,754.
What's the typical rent budget in Downtown Winston - Salem, Winston - Salem, NC?
The largest share of rentals in Downtown Winston - Salem, Winston - Salem, NC (46%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Winston - Salem, Winston - Salem, NC?
504 or 66% of the households in Downtown Winston - Salem, Winston - Salem, NC are renter-occupied while 255 or 34% are owner-occupied.
Most affordable neighborhoods in Downtown Winston - Salem?
Colonial Estates $1,004/month
The Village $1,053/month
East Winston $1,110/month
All of these neighborhoods fall below the city wide average of $1,280/month.Most expensive neighborhoods in Downtown Winston - Salem?
West End Winston $1,651/month
Meadowlark Downs $1,713/month
Downtown Winston - Salem $1,754/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Winston - Salem, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Downtown Winston - Salem | $1,754 |
| Meadowlark Downs | $1,713 |
| West End Winston | $1,651 |
| Westbrook | $1,548 |
| Atwood Acres | $1,344 |
| Brookwood | $1,341 |
| South Fork | $1,312 |
| Ardmore | $1,263 |
| Mount Tabor | $1,231 |
| South Peace Haven | $1,211 |
| Union Cross | $1,132 |
| Peace Haven | $1,120 |
| East Winston | $1,110 |
| The Village | $1,053 |
| Colonial Estates | $1,004 |
Winston - Salem | Rent Comparison by Neighborhood
Rent in Downtown Winston - Salem is 39% higher than in Ardmore
Downtown Winston - Salem rent is the same as Winston - Salem average
Ardmore rent is 28% lower than Winston - Salem average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Winston - Salem apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.