57 Apartments under 800 for rent in Kernersville, NC

Last updated May 27 at 9:49am UTC
302 Adams Street
Kernersville
Kernersville, NC
Updated May 16 at 11:47am UTC
2 Bedrooms
$750
Results within 5 miles of Kernersville, NC
2911 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated May 27 at 9:49am UTC
1 Bedroom
$575
2900 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated May 27 at 9:49am UTC
1 Bedroom
$525
2921 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated May 27 at 9:47am UTC
1 Bedroom
$575
2901 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated May 27 at 9:47am UTC
1 Bedroom
$575
2910 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated May 27 at 9:47am UTC
1 Bedroom
$575
4419 CARVER SCHOOL ROAD
Old Carver
Winston-Salem, NC
Updated May 25 at 4:55pm UTC
3 Bedrooms
$745
2115 E SPRAGUE ST
Flat Rock
Winston-Salem, NC
Updated May 25 at 4:49pm UTC
3 Bedrooms
$765
602 Timberline Dr SE
Wheeling Village
Winston-Salem, NC
Updated May 14 at 5:53pm UTC
2 Bedrooms
$725
306 Timberline Dr SE
Wheeling Village
Winston-Salem, NC
Updated May 14 at 5:53pm UTC
2 Bedrooms
$725
208 Timberline Dr SE
Wheeling Village
Winston-Salem, NC
Updated May 14 at 5:53pm UTC
2 Bedrooms
$725
Results within 10 miles of Kernersville, NC
1522 LONGVIEW DRIVE
Morningside Manor
Winston-Salem, NC
Updated May 25 at 4:56pm UTC
2 Bedrooms
$620
2090 Cole Rd
Parkview
Winston-Salem, NC
Updated April 27 at 1:48am UTC
2 Bedrooms
$525
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May 2018 Kernersville Rent Report

Welcome to the May 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

May 2018 Kernersville Rent Report

Welcome to the May 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 1.4% over the past month, and have increased significantly by 4.3% in comparison to the same time last year. Currently, median rents in Kernersville stand at $740 for a one-bedroom apartment and $890 for a two-bedroom. This is the third 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 1.3%, 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 1.3% 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 (+4.6%).
  • High Point, Wilmington, and Greensboro have all experienced year-over-year growth above the state average (2.6%, 2.4%, 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. Kernersville is still more affordable than most large cities across the country.

  • Kernersville's median two-bedroom rent of $890 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 4.3% increase in Kernersville.
  • While Kernersville's rents rose significantly over the past year, many cities nationwide also saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Denver (+1.6%).
  • Renters will find more reasonable prices in Kernersville than most large cities. For example, San Francisco has a median 2BR rent of $3,060, 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.