Average Rent in Winston-Salem, NC

Home  »  NC  »  Winston-Salem

Current Versus Historical Winston-Salem, NC Rents

Winston-Salem rentals average $649 for a studio rental to $2,725 for a 4-bedroom rental. The median price of all currently available listings is $1,300, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $3 (0.50%) year-over-year from $669 to $672. 1-bedroom rentals prices have increased by $50 (5.92%) year-over-year from $845 to $895. 2-bedroom rentals prices have decreased by $32 (-3.07%) year-over-year from $1,031 to $999. 3-bedroom rentals prices have increased by $192 (12.94%) year-over-year from $1,481 to $1,673. 4-bedroom rentals prices have increased by $154 (7.94%) year-over-year from $1,943 to $2,098. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 2.28% this month. 1-bedroom rents have gone up by 5.71% this month. 2-bedroom rents have gone up by 1.80% this month. 3-bedroom rents have gone up by 5.24% this month. 4-bedroom rents have gone up by 4.79% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.49 $672 $669 (0.50%) $399 (68.42%)
1 BR $1.29 $895 $845 (5.92%) $733 (22.05%)
2 BR $1.15 $999 $1,031 (-3.07%) $822 (21.58%)
3 BR $1.30 $1,673 $1,481 (12.94%) $1,375 (21.64%)
4+ BR $1.05 $2,098 $1,943 (7.94%) $1,563 (34.17%)

Historical Rents in Winston-Salem, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Winston-Salem



Let's compare Winston-Salem, NC's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Winston-Salem



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Winston-Salem

The average rent for rentals in these counties is $1,400. That's roughly around $1 per sqft. The county that is the most affordable is Forsyth, NC. It's average rent per month is $1,400. Vice versa, with an average rent of $1,400, Forsyth, NC is the most expensive county by Winston-Salem, NC.

Typically, rent for studios in Winston-Salem, NC is 15.49% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Winston-Salem, NC is on par with the other counties nearby. Finally, rent for two bedrooms in Winston-Salem, NC is 1.92% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Forsyth, NC $750 $850 $1,250 $1,400

Top Zipcodes Near Winston-Salem



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Winston-Salem Average Rents

What is the average rent price in Winston-Salem, NC?
The average monthly rental price for Winston-Salem, NC apartments for rent is approximately $1,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Winston-Salem, NC rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Winston-Salem, NC.
How much is a studio apartment in Winston-Salem, NC?
The average monthly rental price for studio apartments is $649 and an average price per square feet of $1.49. There are a total of 3 studio apartment listings currently available for rent in Winston-Salem.
How much is a one bedroom apartment in Winston-Salem, NC?
The average monthly rental price for one bedroom apartments is $850 and an average price per square feet of $1.29. There are a total of 17 one bedroom apartment listings currently available for rent in Winston-Salem.
How much is a two bedroom apartment in Winston-Salem, NC?
The average monthly rental price for two bedroom apartments is $1,275 and an average price per square feet of $1.15. There are a total of 28 two bedroom apartment listings currently available for rent in Winston-Salem.
How have rent prices in Winston-Salem, NC changed this year?
Rent prices for rentals in Winston-Salem, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.13% year-over-year.
What is a reasonable rent price in Winston-Salem, NC?
A reasonable rent price in Winston-Salem, NC is around $1,040/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast