Cheap Apartments for Rent in Winston-Salem, NC from $300 (259 Rentals)

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

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.

property at 1086 W Bank St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 0.5 Bath Home for Rent

Available Now

1086 W Bank St

Winston-SalemNC27101

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.

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Bethabara Gardens
$795
Total Monthly Price

Total Monthly Price

Base Rent
$710
Required Monthly Fees
$85

Total Monthly Price
$795
1 Bedroom Apartments Available Now

Bethabara Gardens

5785 Hickory Knoll DrWinston-Salem, NC 27106
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 300 N Spring St

$725 - $800

1 Bedroom Rentals

Available Now

300 N Spring St

Winston-SalemNC27101

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.

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Gardens At Country Club
$846 - $1,790
Total Monthly Price

Total Monthly Price

Base Rent
$802 - $1,746
Required Monthly Fees
$44

Total Monthly Price
$846 - $1,790
1 to 3 Bedroom Apartments Available Now

Gardens At Country Club

240 Village Crossing LnWinston-Salem, NC 27104
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Brannigan Village
$884 - $1,575
Total Monthly Price

Total Monthly Price

Base Rent
$854 - $1,545
Required Monthly Fees
$30

Total Monthly Price
$884 - $1,575
1 to 3 Bedroom Apartments Available Now

Brannigan Village

200 Brannigan Village DrWinston-Salem, NC 27127
Senior Living
  • Verified
  • Customer Reviewed
  • 3D Tour

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

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Winston-Salem, NC

Pricing Updated: 04/02/2026

Current apartment rentals in the Winston-Salem, NC area range in price from $400 to $6,175 with an overall median price of $3,282. The three Winston-Salem neighborhoods with the lowest median rent pricing are North Haven Swink Acres at $1,150, Old Town Heights at $1,200, and Prospect Park at $1,245. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Winston-Salem Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
North Haven Swink Acres$1,150$1,1501
Old Town Heights$1,200$1,2001
Prospect Park$1,245$1,2451
Northwoods Estate$1,270$1,2452
Weston$1,295$1,2951
Ogburn Station$1,335$1,0995
Shalimar$1,371$1,1942
Waughtown$1,412$69518
Ebony Hills$1,425$1,4251
Morningside Manor$1,425$69525

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. Hunt Park Senior Apartments in the Northeast Winston Salem neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $694. Here is today’s list of the most affordable Winston-Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pegram Landing IIOne Bedroom1BR,1BA$386
Hunt Park Senior Apartments1 Bedroom1BR,1BA$694
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$740
Countryside Gardens1 Bed / 1 Bath1BR,1BA$750
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 4-G1BR,1BA$750
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Bethabara Gardens1BR/1.0BA1BR,1BA$795
The Lofts at the PlazaThe Stratford1BR,1BA$800
The View at 50101 Bedroom 1 Bath - A1BR,1BA$820

Best Value Apartments for Rent in Winston-Salem, NC

As of April 02, 2026 the best value apartment in the Winston-Salem area is the $0.97 price per square foot 2BR - 1.5BTH TH R Model at Morgan Place Apartments in the in the Clemmons neighborhood starting from $1,175. The second greatest value Winston-Salem apartment is the Barkley Model at Loxley Chase Apartments starting at $1,190 with a $1.14 price per square foot in the Northwest Winston Salem neighborhood. Here is today’s list of the best values for Winston-Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Morgan Place Apartments2BR - 1.5BTH TH R2BR,1.5BA$0.97
Loxley Chase ApartmentsBarkley2BR,2BA$1.14
The Village at Heather HillsHeather South $10952BR,2BA$0.88
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
220 W End Blvd, Unit 220220 W End Blvd1BR,1BA$1.00
Brandemere Apartment HomesA1 - Carter1BR,1BA$1.10
Fiddlers Creek Apartments1x11BR,1BA$1.13
Pegram Landing IIOne Bedroom1BR,1BA$0.54
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15
235 Corona St, Unit 302235 Corona St1BR,1BA$1.12

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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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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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.

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

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Frequently Asked Questions about Cheap Winston-Salem Apartments

What is the Cheapest Studio apartment in Winston-Salem?

Currently the most affordable Cheap Studio Apartment in Winston-Salem is at Gray Court Apartments listed at $895.

How much is rent for a Cheap One Bedroom Winston-Salem Apartment?

The lowest price for a Cheap One Bedroom Winston-Salem Apartment is $386 at Pegram Landing II.

What is the lowest price for a Cheap Two Bedroom Winston-Salem Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Winston-Salem is starting from $459 at Pegram Landing II.

What is the most affordable Winston-Salem Three Bedroom Apartment?

The best deal on a cheap Winston-Salem Three Bedroom Apartment rental is at Pegram Landing II and starts from $527.

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

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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.

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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.

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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.

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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.