10 Apartments under 600 for rent in Kernersville, NC

Last updated June 22 at 6:02pm UTC
Results within 5 miles of Kernersville, NC
2921 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated June 22 at 5:37pm UTC
1 Bedroom
$525
2900 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated June 22 at 5:37pm UTC
1 Bedroom
$525
2901 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated June 22 at 5:37pm UTC
1 Bedroom
$525
2910 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated June 22 at 5:36pm UTC
1 Bedroom
$575
2911 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated June 22 at 5:35pm UTC
1 Bedroom
$575
Results within 10 miles of Kernersville, NC
1130 Conley St
Ogburn Station
Winston-Salem, NC
Updated June 20 at 1:35am UTC
2 Bedrooms
$550
2890-F Carriage Drive - 2890-F
Winston-Salem
Winston-Salem, NC
Updated May 14 at 11:18am UTC
2 Bedrooms
$575
2090 Cole Rd
Parkview
Winston-Salem, NC
Updated April 27 at 1:48am UTC
2 Bedrooms
$525
2925 Buchanan St
Konnoak
Winston-Salem, NC
Updated June 20 at 9:29am UTC
1 Bedroom
$545

June 2018 Kernersville Rent Report

Welcome to the June 2018 Kernersville Rent Report. Kernersville rents increased over the past month. In this report, we'll evaluate trends in the Kernersville rental market, including comparisons to cities throughout the state and nation.

View full Kernersville Rent Report
Rent Report
Kernersville

June 2018 Kernersville Rent Report

Welcome to the June 2018 Kernersville Rent Report. Kernersville rents increased over the past month. In this report, we'll evaluate trends in the Kernersville rental market, including comparisons to cities throughout the state and nation.

Kernersville rents increase sharply over the past month

Kernersville rents have increased 1.2% over the past month, and are up significantly by 4.9% in comparison to the same time last year. Currently, median rents in Kernersville stand at $750 for a one-bedroom apartment and $900 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in January. Kernersville's year-over-year rent growth leads the state average of 1.2%, as well as the national average of 1.5%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Kernersville, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. The state as a whole logged rent growth of 1.2% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,220; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Winston-Salem experiencing the fastest growth (+4.2%).
  • Wilmington, High Point, and Greensboro have all experienced year-over-year growth above the state average (3.4%, 3.3%, and 2.4%, respectively).

Kernersville rents more affordable than many large cities nationwide

As rents have increased significantly in Kernersville, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Kernersville is still more affordable than most large cities across the country.

  • Kernersville's median two-bedroom rent of $900 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 4.9% rise in Kernersville.
  • While Kernersville's rents rose significantly over the past year, the city of Seattle saw a decrease of 0.8%.
  • Renters will find more reasonable prices in Kernersville than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is nearly three-and-a-half times the price in Kernersville.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.