Cheap Apartments for Rent in Midway, NC from $300 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Midway.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Hilltop House
$1,064 - $1,690
Total Monthly Price

Total Monthly Price

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$1,064 - $1,690

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
Pet Friendly
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Morgan Ridge
1 to 3 Bedroom Apartments

Morgan Ridge

100 Morgan WayWinston-Salem, NC 27127
Corporate Housing
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Arbor Pointe
2 Bedroom Apartments

Arbor Pointe

1501 Old Salisbury CtWinston-Salem, NC 27127
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Arcadian Apartments
1 to 3 Bedroom Apartments

Arcadian Apartments

1805 Franciscan TerWinston-Salem, NC 27127
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Villas at Vineyard
1 to 2 Bedroom Apartments

Villas at Vineyard

3401 Old Vineyard RdWinston-Salem, NC 27103

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Midway, NC Local Guide

Cheapest Available Midway Apartments for Rent and Nearby

 

The cheapest available apartment rental in Midway, NC is a 1 Bed unit found at Salem Crest Apartment Homes in the South Winston Salem neighborhood priced from $785. Plaza South Apartments in the Southeast Winston Salem neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Midway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Plaza South Apartments1BR/1BA WITHOUT W/D CONNECTIONS1BR,1BA$825
The Residences at Diamond Ridge932B1BM2BR,1BA$830
Fiddlers Creek Apartments1x11BR,1BA$850
The Village at Heather HillsHeather South $10952BR,2BA$900
Charleston ApartmentsCharleston Apartments1BR,1BA$910
Morgan RidgeSingleton1BR,1BA$942
Carlyle Place ApartmentsONE BEDROOM/ ONE BATH1BR,1BA$949
Fairfield Apartments2BR / 1BA2BR,1BA$950
Ardmore TerraceThe Azalea1BR,1BA$960

Best Value Apartments for Rent in Midway, NC and Nearby

As of May 09, 2026 the best value apartment in the Midway area is the $1.24 price per square foot 542 Model at 540-542 Wallburg-High Point Rd in the in the Davidson neighborhood starting from $1,650. The second greatest value Midway apartment is the 3 Bedroom Model at Twin City Townhomes starting at $1,385 with a $1.19 price per square foot in the Oliver's Crossing neighborhood. Here is today’s list of the best values for Midway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
540-542 Wallburg-High Point Rd5423BR,3BA$1.24
Twin City Townhomes3 Bedroom3BR,1.5BA$1.19
Villas at VineyardVV-2B2BP2BR,2BA$1.11
The Village at Heather HillsHeather South $10952BR,2BA$0.88
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.30
Morgan RidgeSingleton1BR,1BA$1.18
Ardmore TerraceThe Azalea1BR,1BA$1.23
Fairfield Apartments2BR / 1BA2BR,1BA$1.22
Fiddlers Creek Apartments1x11BR,1BA$1.13
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Midway Apartments

What is the Cheapest Studio apartment in Midway?

Currently the most affordable Cheap Studio Apartment in Midway is at The Lofts at Little Creek/Lofts at Hillside listed at $1,075.

How much is rent for a Cheap One Bedroom Midway Apartment?

The lowest price for a Cheap One Bedroom Midway Apartment is $785 at Salem Crest Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Midway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Midway is starting from $830 at The Residences at Diamond Ridge.

What is the most affordable Midway Three Bedroom Apartment?

The best deal on a cheap Midway Three Bedroom Apartment rental is at The Residences at Diamond Ridge and starts from $1,300.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.