20 Cheap Apartments for rent in Winston-Salem, NC

Last updated January 17 at 8:33pm UTC
2824 Teakwood Ct
Town and Country Estates
Winston-Salem, NC
Updated January 11 at 12:10pm UTC
1 Bedroom
$575
2090 Cole Rd
Parkview
Winston-Salem, NC
Updated January 11 at 11:59am UTC
2 Bedrooms
$525
209 Hedgecock Avenue
South Fork
Winston-Salem, NC
Updated January 3 at 3:38pm UTC
2 Bedrooms
$600
3826-G Country Club Road - 3826-G
South Fork
Winston-Salem, NC
Updated January 3 at 3:45pm UTC
2 Bedrooms
$595
2003 Hoover St
Forest Park
Winston-Salem, NC
Updated January 12 at 2:07am UTC
2 Bedrooms
$600
2901 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated January 3 at 1:52am UTC
1 Bedroom
$525
3652 CORNELL BOULEVARD
Weston
Winston-Salem, NC
Updated January 3 at 3:51pm UTC
2 Bedrooms
$500
1130 Conley St
Ogburn Station
Winston-Salem, NC
Updated January 17 at 9:59am UTC
2 Bedrooms
$550
551 W 24 1/2 St
Boston Thurmon
Winston-Salem, NC
Updated January 12 at 2:20am UTC
2 Bedrooms
$600
2931 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated January 17 at 9:59am UTC
1 Bedroom
$525
2218 Peachtree Street
Waughtown
Winston-Salem, NC
Updated January 9 at 11:48am UTC
2 Bedrooms
$599
2900 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated January 17 at 9:59am UTC
1 Bedroom
$525
123 N. Cameron Avenue
Skyland
Winston-Salem, NC
Updated January 17 at 11:28am UTC
3 Bedrooms
$625
2921 New Walkertown Rd
Eastgate Village
Winston-Salem, NC
Updated January 17 at 9:59am UTC
1 Bedroom
$525
1294 Opportunity Rd
Ogburn Station
Winston-Salem, NC
Updated January 14 at 11:02am UTC
2 Bedrooms
$625
1126 Conley St
Ogburn Station
Winston-Salem, NC
Updated January 17 at 9:59am UTC
2 Bedrooms
$550
1000 William Dr
Easton
Winston-Salem, NC
Updated January 3 at 1:49am UTC
Studio
$500
Apartment List detective logo

Keep Looking!

Try removing some filters or broadening your
search area to see more results.

Apartment List detective logo

Zoom in to see more.

Trying to get a feel for the larger area? No problem.
When you're ready, zoom in again to see pins and listings.

Apartment List sad heart

Something went wrong.

Please try your search again or reload the page.

January 2018 Winston-Salem Rent Report

Welcome to the January 2018 Winston-Salem Rent Report. Winston-Salem rents remained steady over the past month. In this report, we'll evaluate trends in the Winston-Salem rental market, including comparisons to cities throughout the state and nation.

View full Winston-Salem Rent Report
Rent Report
Winston-Salem

January 2018 Winston-Salem Rent Report

Welcome to the January 2018 Winston-Salem Rent Report. Winston-Salem rents remained steady over the past month. In this report, we'll evaluate trends in the Winston-Salem rental market, including comparisons to cities throughout the state and nation.

Winston-Salem rent trends were flat over the past month

Winston-Salem rents have remained flat over the past month, however, they have increased significantly by 4.1% year-over-year. Currently, median rents in Winston-Salem stand at $650 for a one-bedroom apartment and $790 for a two-bedroom. Winston-Salem's year-over-year rent growth leads the state average of 3.0%, as well as the national average of 2.8%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Winston-Salem, 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 3.0% 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 $1,210; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Fayetteville experiencing the fastest growth (+4.7%).
  • Winston-Salem, Greenville, and Wilmington have all experienced year-over-year growth above the state average (4.1%, 3.6%, and 3.4%, respectively).

Winston-Salem rents more affordable than many large cities nationwide

As rents have increased significantly in Winston-Salem, a few large cities nationwide have seen rents grow more modestly. Winston-Salem is still more affordable than most large cities across the country.

  • Winston-Salem's median two-bedroom rent of $790 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 4.1% increase in Winston-Salem.
  • While Winston-Salem's rents rose significantly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Winston-Salem than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is more than three-and-a-half times the price in Winston-Salem.

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.