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Section 8 Rental Investing in Winston-Salem, NC

Winston-Salem earns a Strong (B) grade as a North Carolina Section 8 market. The median 3-bed voucher is $1,520/mo, which supports a purchase near $152,000 under the one-percent rule — a lower entry point than nearby Greensboro, with the same light NC carrying costs.

A B grade is honest about the work: reliable cashflow comes with the right property, not every one. Property tax runs about 0.8% and insurance near 0.6%, so the deal lives or dies on price and rehab. Screen Winston-Salem listings against the voucher rent free on CloseHound.

$1,520/mo
Median 3-bed voucher
$152,000
Supported price
1% rule, illustrative
0.8%
Property tax
of value / yr
0.6%
Insurance
of value / yr

Winston-Salem HUD Section 8 voucher rents by ZIP (FY2026)

Official HUD Small Area Fair Market Rents — the voucher ceiling a landlord can collect in each ZIP, by bedroom count.

ZIP code2-bed3-bed4-bed
27101$1,230/mo$1,600/mo$1,900/mo
27105$1,100/mo$1,440/mo$1,690/mo
27107$1,090/mo$1,440/mo$1,710/mo
27127$1,270/mo$1,660/mo$1,970/mo

Source: HUD FY2026 SAFMR. CloseHound underwrites live listings against these exact ceilings.

More Section 8 markets in North Carolina

Winston-Salem Section 8 FAQ

What's the Section 8 voucher rent for a 3-bed in Winston-Salem, NC?+

The median FY2026 3-bedroom voucher rent in Winston-Salem is $1,520/mo, with ZIP-level values from $1,440 to $1,660. That supports a purchase price near $152,000 on the one-percent rule.

Is Winston-Salem a good Section 8 market?+

Yes — it rates a Strong (B). The lower entry price relative to Greensboro, paired with light North Carolina carrying costs, makes reliable cashflow achievable on the right property.

What's the property-tax and insurance drag in Winston-Salem?+

Property tax is about 0.8% and insurance about 0.6% of value — both modest. With carrying costs this light, the deal's outcome hinges mostly on purchase price and rehab.

How do I find cash-flowing Section 8 deals in Winston-Salem?+

A B grade means it cashflows with the right property, not every one. Run individual Winston-Salem addresses against their FY2026 voucher rent on CloseHound, free, to find the ones that pencil.

Screen Winston-Salem deals free

See which Winston-Salem listings actually cash-flow on the voucher — underwritten and ranked by Deal Score.

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