
Cheap Homes for Rent in Midway, NC from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Midway.


4557 Wallburg Rd

1600 Oak Croft St

202 Leisure Time Ln, Unit 3
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.

202 Leisure Time Ln, Unit 9

201 Leisure Time Ln, Unit 12

1500 Oakshire Ct

1059 Eller Rd
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.

173 Victoria Ct
Midway, NC Local Guide

How much does it cost to rent a home in Midway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Midway 2 Bedroom Homes for Rent | $1,104 | $770 | $1,350 |
| Midway 3 Bedroom Homes for Rent | $1,905 | $700 | $3,550 |
| Midway 4 Bedroom Homes for Rent | $1,688 | $1,295 | $2,240 |
| Midway 5 Bedroom Homes for Rent | $1,914 | $1,600 | $2,229 |
Browse Top Homes for Rent in Midway
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Midway, NC Local Guide
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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. The Residences at Diamond Ridge in the South Central Winston Salem neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $820. Here is today’s list of the most affordable Midway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Salem Crest Apartment Homes | 1 Bed/1 Bath | 1BR,1BA | $785 |
| The Residences at Diamond Ridge | 932B1BS | 2BR,1BA | $820 |
| Plaza South Apartments | 1BR/1BA WITHOUT W/D CONNECTIONS | 1BR,1BA | $825 |
Best Value Apartments for Rent in Midway, NC and Nearby
As of July 01, 2026 the best value apartment in the Midway area is the $1.23 price per square foot 2x2 Patio Model at Stafford Place in the in the Southeast Winston Salem neighborhood starting from $1,349. The second greatest value Midway apartment is the 2 Bedroom Model at Twin City Townhomes starting at $995 with a $0.92 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stafford Place | 2x2 Patio | 2BR,2BA | $1.23 |
| Twin City Townhomes | 2 Bedroom | 2BR,1.5BA | $0.92 |
| 600 Peters Creek | 2 bedroom 60% | 2BR,1BA | $1.11 |
| The Arlington | 2BR 1BA - 882sqft | 2BR,1BA | $1.24 |
| Wallburg Landing | Autumn | 1BR,1BA | $1.27 |
| Morgan Ridge | Singleton | 1BR,1BA | $1.17 |
| Fairfield Apartments | 2BR / 1BA | 2BR,1BA | $1.22 |
| Arbor Pointe | 2 BR / 1 BA PR | 2BR,1BA | $1.23 |
| Salem Crest Apartment Homes | 1 Bed/1 Bath | 1BR,1BA | $1.15 |
| Plaza South Apartments | 1BR/1BA WITHOUT W/D CONNECTIONS | 1BR,1BA | $1.28 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Midway
What type of rentals are currently available in Midway?
There are currently 63 Apartments for Rent in Midway, NC with pricing that ranges from $430 to $3,255. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Midway ranging from $585 to $3,550.
What is the current price range for Rental Homes in Midway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Midway ranges from $585 to $3,550 with an average monthly rent of $1,531.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.