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516 W First St

Winston Salem, NC 27101 - Forsyth County

Apartment

1 bed

1 bath

No pets

About 516 W First St

Upper level one-bedroom in 1905 building. Lots of character, some original wood floors, updated, lots of windows and light. Nice closet space, large bathroom, ceiling fan, window air, baseboard heat. Tenant pays electric, water/sewer/stormwater. 6-month lease. No pets, no inside smoking. On-site parking is limited; street parking is available. Amenities: Stove.

51 days on RentalSource

RentalSource last checked: 23 hours ago · Listing updated: October 29, 2026

Managed by: Messick Properties Group · (336) 727-8600

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$775
Bedrooms:	1 bed
Bathrooms:	1 bath
Size:	Inquire

Pets:	No
Laundry:	Inquire
Parking:	Inquire
Available:	Now
ID:	84366981

Amenities

Ceiling Fan
Refrigerator

Leasing Information

Fees

Deposit $775 (mandatory, refundable, move-in).

Additional Details

This 1-bedroom, 1-bathroom apartment at 516 W First St in Winston Salem, NC 27101 rents for $775 a month. 516 W First St was advertised by Messick Properties Group on September 11, 2026.

How the Rent Compares

At $775 a month, this apartment is below the typical rent for 1-bedroom apartments and condos in Winston Salem (about $900).

From 65 one-bedroom apartments and condos listed in Winston Salem on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$900Typical rent for 1-bedroom apartments and condos in Winston Salem

$800–$1,000Middle half of their rents

48 daysAverage time they have been listed

See 1+ bedroom rentals in Winston Salem

Affordability Calculator

Can I afford to live at 516 W First St?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$31,000 /year

With your chosen rent-to-income ratio, an annual income of $31,000 is recommended to comfortably afford this 1-bedroom rental priced at $775 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$775

Deposit $775 · All fees

Can I afford this home?

Interested in 516 W First St?

Find out more about this property & see if it's available now.

Property managed by:

Messick Properties Group

(336) 727-8600

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.