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Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. The median gross income for households in Winston Salem is $39,882 a year, or $3,324 a month. Income and Rent Overburden in Winston Salem 45.62% of households in Winston Salem are renters. There are 93,267 households in the city with an average household size of 2.43 persons. Winston Salem is a city in Forsyth County, North Carolina with a population of 236,642. ± 1.87pp Total Population 236,642 Population and Household Demographics ±$8 Percentage Of Renters Overburdened 50.91% Total Affordable Apartment Properties 76 Total Low Income Apartments 5,646 Total Housing Units with Rental Assistance 3,408 Percentage of Housing Units Occupied By Renters 45.62% Average Renter Household Size 2.41 Average Household Size 2.43 Median Household Income $39,882 Winston Salem, NC Affordable Housing Snapshot Sourced from federal housing data and research. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program. 2023 Winston Salem, North Carolina Fair Market Rents and Housing Choice Voucher Payment Standardsįair Market Rents can be used to better understand the average housing costs of an area. The maximum amount a voucher would pay on behalf of a low-income tenant in Winston Salem, North Carolina for a two-bedroom apartment is between $872 and $1,066. The average voucher holder contributes $300 towards rent in Winston Salem. On average, Section 8 Housing Choice vouchers pay Winston Salem landlords $600 per month towards rent. Housing Choice Vouchers in Winston Salem, North Carolina There are 2,238 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Winston Salem. Low Rent Apartments in Winston Salem, North Carolina Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities. Winston Salem features 3,408 income based apartments. Winston Salem, North Carolina Affordable Housing Data Income Based Apartments in Winston Salem, North Carolina