Apartments in Waughtown Winston-Salem

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$1,395
120 Champlain St Winstonsalem, NC
3 BR | Available Now
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5
$700
1984 Maryland Ave Apt C Winstonsalem, NC
2 BR | Available Now
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2
$1,200
Winstonsalem, NC
3 BR | Feb. 28, 2025
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5
$695
1324-1326 Ce Gray Dr Winstonsalem, NC
2 BR | Available Now
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Winston-Salem:
November Rent Report

Welcome to the November 2024 Winston-Salem Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Winston-Salem rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Winston-Salem and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Winston-Salem average rent prices in the chart below.

Monthly Rent Report

$1,100
$830
$550
$280
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Winston-Salem Rent Prices Increase From October to November

Winston-Salem rent prices increased over the last month. From October to November, the city experienced a 1.42% increase for the price of a one-bedroom apartment. The rent price for a Winston-Salem one-bedroom apartments currently stands at $857.0.

When we take a look at the two-bedroom comparison from October to November, Winston-Salem experienced a 0.4% increase for the price of a two-bedroom apartment. The rent price for a Winston-Salem two-bedroom apartments currently stands at $1,008.0.

November Prices: Winston-Salem vs. Surrounding Areas

Bermuda Run, NC
Clemmons, NC
Winston-Salem, NC
Kernersville, NC
Thomasville, NC
$1,367
$1,068
$845
$777
$750
$0
$450
$900
$1,350
$1,800
Median 1 BR Rent

Rent Prices in Winston-Salem and Surrounding Areas

Rent prices have increased in Winston-Salem over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Winston-Salem suburb increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Clemmons, NC .

  • Rent decreased in Kernersville, NC, Bermuda Run, NC, Thomasville, NC.

  • 2 suburbs are currently priced higher than the city of Winston-Salem.

  • 2 suburbs are currently priced lower than the city of Winston-Salem.

November 2024 Pricing Trends: Winston-Salem vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Winston-Salem, NC
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$845
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Winston-Salem Rent Prices More Affordable Than Major Cities

Rent growth in Winston-Salem over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Winston-Salem average rent prices appear to be relatively affordable for local residents.

The price for a Winston-Salem one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Winston-Salem and surrounding area rent prices, take a look at the complete data set below.

Data set for Winston-Salem and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Winston-Salem, NC $845.0 0.72% $1,004.0 1.21%
Kernersville, NC $777.0 -5.24% $1,332.0 5.21%
Clemmons, NC $1,068.0 2.40% $1,212.0 4.30%
Bermuda Run, NC $1,367.0 0.00% $1,635.0 0.00%
Thomasville, NC $750.0 0.00% $973.0 -1.72%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.