Winston-Salem multifamily market, October 2026

Landlords have the edge in Winston-Salem, and it is heating: asking rents are up 4.1% on a year, while jobs grew 0.9%.

Updated October 31, 2026 · from Zillow, BLS and the US Census Bureau

+4.1%

Asking rent, year over year

Zillow · September 2026

+0.9%

Jobs, year over year

BLS · September 2026, preliminary

3.4%YEARLY

Vacancy

Census · 2024 count

What is moving now

Asking rents are up 4.1% on a year to September 2026, which is the figure the condition is read from. Jobs are up 0.9% over the same year to September 2026, a first release the BLS revises the following month. Asking rents are climbing (September 2026).

The backdrop

These are yearly Census counts, not this month's: 3.4% of rentals sat empty in 2024, permits for new apartments were down 75% in 2025, more people moved in than out in 2025, and the typical rent was $1,102 a month in 2024. They are the background the monthly figures move against, and they are the newest the Census has published.

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Common questions about Winston-Salem

Answered from the data, updated October 31, 2026

Is the Winston-Salem rental market tight or soft right now?

In Winston-Salem right now, landlords have the edge, and it is heating.

Which way is the Winston-Salem market heading?

Winston-Salem is heating right now, as asking rents firm over the past year (Zillow ZORI, monthly).

Is Winston-Salem a landlord's or a renter's market?

Winston-Salem is a landlord's market right now: landlords have the edge, and it is heating.

What is the vacancy rate in Winston-Salem?

Vacancy in Winston-Salem is 3.4% in the 2024 count, a yearly snapshot rather than a monthly reading (US Census Bureau).

How much have Winston-Salem rents changed?

Asking rents in Winston-Salem are up 4.1% over the past year (Zillow ZORI, monthly, latest Sep 2026).

Recent coverage

Daily, from the MetroSgnl news feed. Headlines only.

Developer shifts to single-family homes for affordable housing projects in Winston-SalemWinston-Salem Journal

City of Winston-Salem plans to sell money-losing Plaza Apartments affordable housingWinston-Salem Journal

Greensboro apartments surge; Winston-Salem, Burlington housing permits slipThe Business Journals

'Farmland is disappearing'. Nearly 600 new housing units approved for Winston-SalemWinston-Salem Journal

Housing authority OKs plan to sell, raze, replace Winston-Salem's Crystal TowersWinston-Salem Journal

Canvas Residential, Kelley Properties to Develop Build-to-Rent Community Near Winston-Salem, North CarolinaMultifamily & Affordable Housing Business

See all Winston-Salem news →

Data: Zillow ZORI, BLS, US Census Bureau, FRED, and the MetroSgnl news feed. Recomputed daily. Market information only, not investment advice.
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