RentData

Average Rent in Winston, NC Rents rising 4.8% YoY

HUD FY2025 · Official government data · Updated annually · Metro pop. 683,637

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Winston, NC has rental prices ranging from $945/month to $1,794/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $992/month — 29% below the national average of $1,400/month. With a median household income of $64,282/year, spending $992/month on a 1-bedroom represents 19% of gross income — within the recommended 30% threshold.

How Winston Compares

With an average 2-bedroom rent of $1,163/month, Winston ranks #25 most expensive of the 87 cities tracked in North Carolina — pricier than 80% of all US cities in our data.

The Winston Rental Market

The Winston, NC area has a population of about 683,637 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Winston, NC have risen by $53/month (4.8%) over the past year, from $1,110 to $1,163. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Winston, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $39,680. The local median household income of $64,282 exceeds that threshold by $24,602, making Winston relatively accessible compared to local wages.

Fair Market Rents

HUD FY2025
Studio
$945
Affordable
1 Bedroom
$992
Affordable
2 Bedrooms
$1,163
4.8% YoY
Affordable
3 Bedrooms
$1,526
Affordable
4 Bedrooms
$1,794
Average
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Is Winston, NC Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$46,520/year
Local median income: $64,282
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $1,163/month and 20% down on a home at 7% rate.

Nearby Cities in NClargest metros in the state

CityStudio1BR2BR3BRHome Value
Anson County$834$927$1,216$1,465
Charlotte$1,586$1,647$1,824$2,250
Camden County$982$990$1,129$1,582
Virginia Beach$1,475$1,483$1,696$2,361
Raleigh$1,533$1,592$1,763$2,192
Greensboro$999$1,039$1,150$1,463

Rent or Buy in Winston?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Winston data

$
Home Value
$350,000
2BR Rent
$1,163/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,163/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Winston

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🏘️Neighborhoods in Winston

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💵Rent Affordability in Winston

Salary needed to afford rent here

🗺️All Cities in NC

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📋NC Tenant Rights

Deposit limits, eviction laws & renters protections