The Lofts at the Plaza
4825 Commercial Plaza St,
Winston-Salem, NC 27104
1-2 Beds | $899 - $1,195
Rental Market Trends in Winston-Salem, NC
What is the average rent in Winston-Salem, NC?
$1,087/month
Average Rent
701 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
As of February 2025, the average rent in Winston-Salem, NC is $1,087 per month. This is 30% lower than the national average rent of $1,557/month, making renting in Winston-Salem more affordable than most cities in the US. When you rent an apartment in Winston-Salem, you can expect to pay about $971 per month for a studio, $1,087 for a one-bedroom apartment, and around $1,208 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,510 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Winston-Salem, NC?
In the past year, rent has increased by 0.9%, which averages out to $11 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Winston-Salem, NC
Last Updated February 2025
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
22%
Below $700/month
33%
$700 - $1,000/month
33%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Winston-Salem?
Based on current rent prices, The Village, Windsor Estates and Stonewall/Salemtowne are the most affordable neighborhoods in Winston-Salem.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Winston-Salem?
Based on current rent prices, Westdale, Westend and Crystal Towers-East are the most expensive neighborhoods in Winston-Salem.
Neighborhood
Average Rent
Average Sq Ft
Which Winston-Salem neighborhoods have the most rentals available?
The neighborhoods in Winston-Salem with the most apartments available are Northeast Winston-Salem, S Downtown Winston-Salem and Downtown Winston-Salem .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Winston-Salem, NC?
Because the average rent in Winston-Salem is $1,087, you’ll want to make about $3,623 per month or $43,476 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Winston-Salem, NC is 6.2% lower than the national average. Generally, housing in Winston-Salem is 22.7% less expensive than the national average, with rent falling between $971 - $1,510. You can expect to pay 3.2% less for groceries, 4.6% less for utilities, and 6.6% less for transportation.
How does Winston-Salem, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Winston-Salem, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$849/month
$1,385/month
Two Bedroom
$1,032/month
$1,794/month
Three Bedroom
$1,371/month
-
Nearby City Rent Trends
Apartment communities in Winston-Salem we think you'll love
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11
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Apartment Dynamics
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Wellington Advisors
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19
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14
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SYNCO Properties
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11
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2,731
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9
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BSC Holdings, Inc.
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12
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2,588
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6
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Harbor Group Management
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144
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.