Providence-Warwick vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Winston-Salem is 39% cheaper for renters. A 2-bedroom rents for $807/mo vs $1,122/mo in Providence-Warwick — saving $3,780/year.
Rent by Unit Size
| Unit Size | Providence-Warwick | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $784 | $531 | $253 |
| 1 Bedroom | $946 | $652 | $294 |
| 2 Bedrooms | $1,122 | $807 | $315 |
| 3 Bedrooms | $1,429 | $1,030 | $399 |
| 4 Bedrooms | $1,663 | $1,189 | $474 |
| Median Income | $69,693 | $47,140 | $22,553 |
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Providence-Warwick or Winston-Salem cheaper to rent in?
Winston-Salem is cheaper — a 2-bedroom Fair Market Rent is $807/mo vs $1,122/mo in Providence-Warwick. That's $315/mo or $3,780/year more expensive in Providence-Warwick (39% higher).
What is the 2-bedroom rent in Providence-Warwick vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Providence-Warwick is $1,122/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Providence-Warwick and Winston-Salem?
The median household income in Providence-Warwick is $69,693/year. In Winston-Salem it is $47,140/year. Providence-Warwick has the higher median income.
What is the studio rent in Providence-Warwick vs Winston-Salem?
A studio apartment Fair Market Rent in Providence-Warwick is $784/mo. In Winston-Salem it is $531/mo.