Winston-Salem

North Carolina ยท Ranked #152 of 373 metros

81Affordable
๐Ÿ’ก
Housing in Winston-Salem costs 3.86ร— the median income, below the national average of 4.5ร—. The median home price is $249K and median rent is $994/month. Winston-Salem ranks #152 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$249K

Need $73K income

Median Rent

๐Ÿ”‘

$994

Need $40K income

Building Permits

๐Ÿ”จ

5,456

annual

Median Income

๐Ÿ’ฐ

$64K

Pop: 739,233

Rent Burden

โš ๏ธ

18.7%

of renters paying >30%

Homeownership

๐Ÿก

68.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricWinston-SalemNational
Price-to-Income Ratio3.86x6.1x
Rent Burden18.7%31.5%
Homeownership Rate68.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$995/mo
1 Bedroom$1,082/mo
2 Bedroom$1,232/mo
3 Bedroom$1,607/mo
4 Bedroom$1,898/mo

Zillow Market Data

Home Value (ZHVI)

$275K

1yr: +1.9%5yr: +38.7%

Rent (ZORI)

$1,487/mo

1yr: +4.2%5yr: +41.0%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$322K

Active Inventory

1,799

Days on Market

77

Sold Above List

19.7%

Price Drops

24.1%