Homes for Rent in 27127

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What to Know About

Living in 27127

Winston-Salem, nicknamed "Twin City," was initially founded as Salem in 1766 by Moravian settlers. It was later combined with its twin city Winston in 1913 and located in the Piedmont region of the state, part of the Triad area with Greensboro and High Point, and is home Wake Forest University and Winston-Salem State University. History buffs can visit the Old Salem Museums and Gardens, while art enthusiasts can enjoy the Southeastern Center for Contemporary Art and the Reynolda House Museum of American Art.

If you are looking for a natural retreat, you can explore the city's numerous parks, including the beautiful Tanglewood Park and Salem Lake Park. The city is also a food lover's paradise with a wide selection of eating options featuring local specialties like the Moravian sugar cake, the Lexington-style barbecue, and the home of Krispy Kreme donuts. In addition, Winston-Salem hosts various events during the year, including the RiverRun International Film Festival, the National Black Theatre Festival, and the Dixie Classic Fair.

Winston-Salem is a great place to live where you can explore a vibrant downtown filled with unique shops and restaurants, enjoy outdoor activities year-round, and be a part of a tight-knit community.

Rental Market Trends

Winston Salem, NC

As of May 2025, Winston Salem's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Winston Salem's average rent is 16.1% ($257) lower than the North Carolina average of $1,593 and 25.5% ($457) lower than the U.S. average of $1,793.

Average Rent
$1,336
Monthly ChangeMonth Over Month Change
Increased3.6% ($47)
Yearly ChangeYear Over Year Change
Increased1.8% ($23)
Avg. Days on MarketAverage Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,082 Increased2.9% ($30) Increased16.1% ($150)
2 Beds $1,299 Increased4.9% ($61) Increased14.3% ($163)
3 Beds $1,694 Increased1.9% ($31) Decreased0.6% ($10)
Nearby Cities Average Rent Avg. Rent vs. Winston SalemAverage Rent vs. Winston Salem Avg. Days on MarketAverage Days on Market
Pfafftown $1,632 Increased22.2% ($296) 28 days
Clemmons $1,588 Increased18.9% ($252) 31 days
Kernersville $1,514 Increased13.3% ($178) 29 days
Rural Hall $1,581 Increased18.3% ($245) 30 days
Lewisville $1,171 Decreased12.4% ($165) 33 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Winston Salem Rental Market FAQs

Explore rental prices, market trends, and availability in Winston Salem, NC.

The average rent in Winston Salem, NC is $1,336 per month.
Homes in Winston Salem typically rent for between $757 and $2,202 per month, with an average of $1,336 per month.
In Winston Salem, the average rent for a 1-bedroom home is $1,082 per month, for a 2-bedroom home, $1,299 per month, and a 3-bedroom home is $1,694 per month.
The average rent in Winston Salem is 25.5% ($457) lower than the national average of $1,793 per month.
The average rent in Winston Salem has increased by 3.6% ($47) in the last month and increased by 1.8% ($23) over the past year.
The rental market in Winston Salem, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Winston Salem, NC, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 368 rental properties available in Winston Salem, NC.
Based on the current averages, a household would need an annual income of $51,960 to comfortably afford a 2-bedroom home in Winston Salem.
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