
Cheap Apartments for Rent in Winston-Salem, NC from $300 (202 Rentals)
Search the lowest-cost Apartments available for rent right now in Winston-Salem.


4170 James St

611 W Twenty-Third St

2328 N Cherry St

838 Gray Ave NE

Total Monthly Price
Enclave at North Point Apartments

2401 Markwood Ln SE

128 Weatherwood Ct

1321 Cunningham St

1338 Gray Ave NE
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.

Countryside Gardens

Gardens At Country Club

3640-3690 Yarbrough Ave

Total Monthly Price
235 Corona St, Unit 302

1424 W 4th St

Salem Crest Apartment Homes

605 W Twenty-Third St

603 W Twenty-Third St

Total Monthly Price
Bethabara Garden Apartments

3455 Valley Rd
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.

200 High St

829 W 7th St

1327 Cunningham St

3463 Valley Rd

2404 Markwood Ln SE

1400 W Academy St

Midway Apartments

4540-4558 June Ave

300 N Spring St

The Cove
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The View at 5010

Plaza South Apartments

1403-1405 Pilot View St

Total Monthly Price
The Residences at Diamond Ridge

Sherwood Station Apartments

1606 Oak Croft Dr

832 W 7th St

Northcliffe Forest Apartments

Kensington Village

Lofts at Glenhaven
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Fiddlers Creek Apartments

5225 Shattalon Dr, Unit 1

Total Monthly Price
Corners at Crystal Lake

Total Monthly Price
Brannigan Village

Vivo Apartments

Linville Ridge Apartments

Total Monthly Price
Lofts at Mill Creek Apartments

Twin City Townhomes

151 Westdale Ave NW

405 N Spring St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Winston-Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Winston-Salem Studio Apartments | $1,129 | $699 | $1,463 |
| Cheap Winston-Salem 1 Bedroom Apartments | $1,215 | $386 | $2,060 |
| Cheap Winston-Salem 2 Bedroom Apartments | $1,467 | $459 | $3,572 |
| Cheap Winston-Salem 3 Bedroom Apartments | $1,742 | $527 | $3,543 |
| Cheap Winston-Salem 4 Bedroom Apartments | $1,727 | $900 | $3,600 |
Browse Top Apartments in Winston-Salem
See all Apartments in Winston-SalemExplore Winston-Salem
Winston-Salem, NC Local Guide

- Winston-Salem Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Winston-Salem, NC
Pricing Updated: 02/15/2026Current apartment rentals in the Winston-Salem, NC area range in price from $386 to $3,600 with an overall median price of $1,724. The three Winston-Salem neighborhoods with the lowest median rent pricing are Parkview at $825, Salem Gardens at $825, and South Winston Salem at $745. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Winston-Salem Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Parkview | $999 | $825 | 20 |
| Salem Gardens | $999 | $825 | 20 |
| South Winston Salem | $1,085 | $745 | 14 |
| Easton | $1,200 | $675 | 20 |
| Flat Rock | $1,200 | $675 | 23 |
| Reynolda Forest Salem Lake | $1,200 | $695 | 18 |
| Southeast Winston Salem | $1,200 | $675 | 22 |
| Waughtown | $1,200 | $675 | 20 |
| Cedar Forest | $1,350 | $750 | 61 |
| Shattalon Heights | $1,355 | $695 | 155 |
Cheapest Available Winston-Salem Apartments for Rent
 The cheapest available apartment rental in Winston-Salem, NC is a 1 Bed unit found at Pegram Landing II in the Shallowford Reserve neighborhood priced from $386. Northwood Apartments in the Northeast Winston Salem neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Winston-Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pegram Landing II | One Bedroom | 1BR,1BA | $386 |
| Northwood Apartments | 2BR/1.0BA | 2BR,1BA | $675 |
| Broadbay Crossings | One Bedroom- Classic | 1BR,1BA | $715 |
| 1410 ACADEMY ST | 1BR/1.0BA | 1BR,1BA | $725 |
| Countryside Gardens | 1 Bed / 1 Bath | 1BR,1BA | $750 |
| SHATTALON TERRACE APARTMENTS | SHATTALON TERRACE APARTMENTS - 4-J | 1BR,1BA | $750 |
| Gardens At Country Club | 11 | 1BR,1BA | $769 |
| 3640-3690 Yarbrough Ave | 1 BR 1 BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Winston-Salem, NC
As of February 15, 2026 the best value apartment in the Winston-Salem area is the $0.98 price per square foot TH-2B1BR Model at Townhomes at Little Creek in the in the West Winston Salem neighborhood starting from $1,199. The second greatest value Winston-Salem apartment is the 2BR - 1.5BTH TH R Model at Morgan Place Apartments starting at $1,125 with a $0.93 price per square foot in the Clemmons neighborhood. Here is today’s list of the best values for Winston-Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhomes at Little Creek | TH-2B1BR | 2BR,1.5BA | $0.98 |
| Morgan Place Apartments | 2BR - 1.5BTH TH R | 2BR,1.5BA | $0.93 |
| 1425 W Academy St, Unit UP | 1425 W Academy St | 2BR,1BA | $0.84 |
| Villas at Vineyard | VV-2B2BR | 2BR,2BA | $1.11 |
| The Village at Heather Hills | Heather South $1095 | 2BR,2BA | $0.88 |
| Bethabara Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.96 |
| Highland Commons | 2 bedroom, 1 bathroom | 2BR,1BA | $1.11 |
| Fiddlers Creek Apartments | 1x1 | 1BR,1BA | $1.13 |
| Pegram Landing II | One Bedroom | 1BR,1BA | $0.54 |
| Salem Crest Apartment Homes | 1 Bed/1 Bath | 1BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Winston-Salem Overview
Winston Salem is the 5th-largest city in North Carolina and is considered part of the Piedmont Triad region in Forsyth County. It is home to the tallest office building, known as the Wells Fargo Center. It is also known as the “Twin City” because of its dual heritage for Arts and Innovation. In 1913, the two cities of Winston and Salem were merged.
Why live in Winston-Salem, NC?
Winston-Salem has a beautiful landscape of mountains with a rich culture and some of the highest-ranking schools in the country. It also hosts the NASCAR Whelen All-American Series between March and August. It hosts the ATP tennis tournament every year. It is also home to the Winston-Salem Dash, a Class-A Minor-League baseball team which is affiliated with the Chicago White Sox. Winston-Salem has an enormous list of activities for the family and children.
Best Local Schools in Winston-Salem, NC
Whitaker Elementary
The Downtown School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Winston-Salem, NC Rentals by Map
See the most popular apartments and homes in Winston-Salem, NC
Frequently Asked Questions about Cheap Winston-Salem Apartments
What is a cheap apartment in Winston-Salem?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Winston-Salem is under $775.
What is the price of a cheap apartment in Winston-Salem?
The cheapest apartment in Winston-Salem is Pegram Landing II which is listed at $386, while the average apartment in Winston-Salem costs $1,724.
What types of apartments are the cheapest in Winston-Salem?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,230 regular apartments in Winston-Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Winston-Salem?
Cheap apartments in Winston-Salem have an average cost of $323 which is $1,401 cheaper than the average rent for all rentals in Winston-Salem.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.