Rental market snapshot for Winston-Salem, North Carolina

Winston-Salem, North Carolina Rental Property Market Overview

Winston-Salem, North Carolina is a vibrant city with a population of 250,320 as of 2021, according to the US Census. It is a culturally diverse city with a rich history, boasting a variety of attractions, from the historic Old Salem Museums & Gardens to the modern Wake Forest Innovation Quarter. The city is home to a thriving arts and culture scene, with numerous galleries, museums, and theaters. Winston-Salem is also known for its excellent restaurants, shopping, and nightlife. With its many attractions and amenities, Winston-Salem is a great place to live and visit.

The average rent for an apartment in Winston-Salem is $1,615. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Winston-Salem North Carolina | Cost of Living

  • The most expensive ZIP code in Winston-Salem is 27040 with an average price of $1,875.
  • The cheapest ZIP code in Winston-Salem is 27105 with an average price of $1,534.

Winston-Salem ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
127040$1,875
227104$1,791
327107$1,657
427127$1,640
527106$1,638
627101$1,636
727105$1,534

Live near Winston-Salem, North Carolina's Top Sights and Attractions

Uh-oh! Looks like we don't have any data on tourist attractions in Winston-Salem, North Carolina, looks like it is up to you to find something fun to do.

Winston-Salem, North Carolina area median rent change by ZIP code map

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How does Winston-Salem compare to other cities in North Carolina?

citymedian price
Kure Beach$2,650
Denver$2,225
Stallings$2,085
McLeansville$1,845
Smithfield$1,825
Morrisville$1,779
High Point$1,745
Aberdeen$1,625
Lexington$1,555
Kinston$925

Average household income in Winston-Salem area graph - US Census

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The median household income in Winston-Salem in 2021 was $50,204. This represents a 22.8% change from 2011 when the median was $40,869.

#categorypercent
0Less than $10,0009.1%
1$10,000 to $14,9995.6%
2$15,000 to $19,9995.1%
3$20,000 to $24,9995.8%
4$25,000 to $29,9995.9%
5$30,000 to $34,9995.4%
6$35,000 to $39,9995.7%
7$40,000 to $44,9995.3%
8$45,000 to $49,9994.3%
9$50,000 to $59,9997.6%
10$60,000 to $74,9999.2%
11$75,000 to $99,99912.1%
12$100,000 to $124,9996.2%
13$125,000 to $149,9994.2%
14$150,000 to $199,9993.8%
15$200,000 or more4.8%

Neighborhoods in Winston-Salem

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Winston-Salem is $1,615.
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