
Cheap Homes for Rent in Walnut Cove, NC from $500 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Walnut Cove.


4412 Canaan Pl Dr
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.

2810 Pelham Pl

2810 Carriage Dr
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.
Walnut Cove, NC Local Guide

How much does it cost to rent a home in Walnut Cove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Cove 2 Bedroom Homes for Rent | $1,308 | $950 | $1,750 |
| Walnut Cove 3 Bedroom Homes for Rent | $1,581 | $1,025 | $2,175 |
| Walnut Cove 4 Bedroom Homes for Rent | $2,024 | $1,425 | $2,500 |
| Walnut Cove 6 Bedroom Homes for Rent | $600 | $600 | $600 |
Browse Top Homes for Rent in Walnut Cove
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Walnut Cove, NC Local Guide
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Best Value Apartments for Rent in Walnut Cove, NC and Nearby
As of May 30, 2026 the best value apartment in the Walnut Cove area is the $1.21 price per square foot 2BR - 1.5BTH TH R Model at Kerner Mill Townhomes in the in the East Winston Salem neighborhood starting from $1,275. The second greatest value Walnut Cove apartment is the 3 BR / 1.5 BA R Model at Brookside Townhomes starting at $1,349 with a $1.28 price per square foot in the Northeast Winston Salem neighborhood. Here is today’s list of the best values for Walnut Cove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kerner Mill Townhomes | 2BR - 1.5BTH TH R | 2BR,1.5BA | $1.21 |
| Brookside Townhomes | 3 BR / 1.5 BA R | 3BR,1.5BA | $1.28 |
| Lake Park Apartments | 2 Bedroom, 2 Full Bath | 2BR,2BA | $1.24 |
| Hampton Court Apartments I & II | 2BR/1BA | 2BR,1BA | $1.17 |
| Lofts at Glenhaven | 2 bed gold | 2BR,2BA | $1.26 |
| Beltway Park at Winston | Platinum | 1BR,1BA | $1.25 |
| Trails At Bethabara | Kensington | 1BR,1BA | $1.30 |
| The Haven at Triad Park | 2 Bedroom 1 Bath A | 2BR,1BA | $1.28 |
| Brandemere Apartment Homes | A - Tucker | 1BR,1BA | $1.30 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
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.
Best Local Schools in Walnut Cove, NC
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Walnut Cove, NC Rentals by Map
See the most popular apartments and homes in Walnut Cove, NC
Frequently Asked Questions about Walnut Cove
What type of rentals are currently available in Walnut Cove?
There are currently 50 Apartments for Rent in Walnut Cove, NC with pricing that ranges from $699 to $2,500. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Cove ranging from $595 to $2,500.
What is the current price range for Rental Homes in Walnut Cove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut Cove ranges from $595 to $2,500 with an average monthly rent of $1,244.
How much are larger Three and Four Bedroom Rentals in Walnut Cove?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Walnut Cove range from $1,025 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,025 to $2,175. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,399.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.

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.