Rentometer, Inc. | Data as of 01/10/2026
Winston‑Salem’s rental market offers a balanced mix of apartments and single‑family homes, catering to students, young professionals, and families alike. The city’s historic downtown and vibrant arts district provide easy access to cultural venues, while nearby research parks attract a steady flow of tech and healthcare talent. This diverse demand supports a dynamic rental environment where both modern high‑rise apartments and charming suburban houses find strong appeal.
Apartment seekers will find studio units typically priced in the $1100s, with one‑ and two‑bedroom options ranging from the $1200s to the $1400s, and larger three‑bedroom layouts often reaching the $1700s. House rentals tend to be more affordable for smaller units, with one‑bedroom homes in the $900s and two‑bedrooms around the $1200s, while spacious three‑ and four‑plus bedroom residences command premiums in the $1700s to $2200s. Neighborhoods such as Ardmore, Innovation Quarter, and the historic Old Salem district are especially popular, offering walkable streets, boutique shops, and a lively dining scene. Families gravitate toward the Reeves and West End areas for their reputable schools and quiet, tree‑lined streets.
Beyond housing, Winston‑Salem boasts extensive green spaces like Bailey Park and the Reynolda Gardens, as well as a growing network of bike lanes and public transit that connect residents to downtown employment hubs and regional attractions. Whether you’re looking for a compact studio in the heart of the city or a larger family home on the suburban fringe, Winston‑Salem’s rental landscape provides flexible options to suit a wide range of lifestyles and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,110 | $1,162 | $845 - $1,270 | $1,000 - $1,221 |
| Apartment | 1 Bedroom | $1,232 | $1,260 | $650 - $1,832 | $950 - $1,464 |
| Apartment | 2 Bedroom | $1,386 | $1,325 | $695 - $3,309 | $1,025 - $1,655 |
| Apartment | 3 Bedroom | $1,777 | $1,522 | $800 - $4,045 | $1,200 - $2,200 |
| Apartment | 4+ Bedroom | $1,175 | $1,167 | $870 - $1,499 | $935 - $1,499 |
| House | 1 Bedroom | $1,139 | $1,097 | $499 - $1,800 | $995 - $1,500 |
| House | 2 Bedroom | $1,328 | $1,275 | $795 - $2,300 | $1,035 - $1,600 |
| House | 3 Bedroom | $1,771 | $1,729 | $850 - $3,750 | $1,528 - $1,910 |
| House | 4+ Bedroom | $2,277 | $2,102 | $1,395 - $4,500 | $1,885 - $2,360 |
In the current period, the average rent in Winston-Salem was $1,110 for Studio, $1,214 for 1 Bedroom, $1,363 for 2 Bedroom, $1,772 for 3 Bedroom, and $2,221 for 4+ Bedroom.
Data provided by Rentometer, Inc.