Homes & Apartments for Rent in Winston Salem, NC 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

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As of October 2026, 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 24.7% ($372) lower than the North Carolina average of $1,507 and 37.6% ($684) lower than the U.S. average of $1,819.

Average Rent
$1,135
Monthly ChangeMonth Over Month Change
Decreased3.1% ($36)
Yearly ChangeYear Over Year Change
Decreased6.9% ($84)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $996 Decreased3% ($31) Increased3.4% ($33)
2 Beds $1,147 Decreased2.6% ($31) Decreased0.3% ($4)
3 Beds $1,436 Decreased1.6% ($23) Decreased0.1% ($1)
Nearby Cities Average Rent Avg. Rent vs. Winston SalemAverage Rent vs. Winston Salem Avg. Days on MarketAverage Days on Market
Clemmons $1,509 Increased33% ($374) 34 days
Kernersville $1,286 Increased13.3% ($151) 37 days
Rural Hall $1,261 Increased11.1% ($126) 33 days
Lewisville $1,184 Increased4.3% ($49) 33 days
Advance $1,601 Increased41.1% ($466) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Winston Salem Rental Market FAQs

Explore rental prices, market conditions, and affordability in Winston Salem, NC.

The average rent in Winston Salem, NC is $1,135 per month.
In Winston Salem, the average rent for a 1-bedroom home is $996 per month, for a 2-bedroom home, $1,147 per month, and a 3-bedroom home is $1,436 per month.
The average rent in Winston Salem is 37.6% ($684) lower than the national average of $1,819 per month.
The rental market in Winston Salem, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
Based on the current averages, a household would need an annual income of $45,880 to comfortably afford a 2-bedroom home in Winston Salem.
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