Cheap Apartments for Rent in Winston-Salem, NC from $300 (202 Rentals)

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

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Enclave at North Point Apartments
$699 - $1,549
Total Monthly Price

Total Monthly Price

Base Rent
$689 - $1,539
Required Monthly Fees
$10

Total Monthly Price
$699 - $1,549
Studio to 3 Bedroom Apartments Available Now

Enclave at North Point Apartments

4260 Brownsboro RdWinston-Salem, NC 27106
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Bethabara Garden Apartments
$795
Total Monthly Price

Total Monthly Price

Base Rent
$710
Required Monthly Fees
$85

Total Monthly Price
$795
1 Bedroom Apartments Available Now

Bethabara Garden Apartments

5785 Hickory Knoll DrWinston-Salem, NC 27106
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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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The Residences at Diamond Ridge
Rent Specials
$830 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$811 - $1,331
Required Monthly Fees
$19

Total Monthly Price
$830 - $1,350
1 to 3 Bedroom Apartments Available Now

The Residences at Diamond Ridge

730 Anson StWinston-Salem, NC 27103
Pet Friendly
  • 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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Corners at Crystal Lake
$860 - $1,705
Total Monthly Price

Total Monthly Price

Base Rent
$778 - $1,623
Required Monthly Fees
$82

Total Monthly Price
$860 - $1,705
1 to 2 Bedroom Apartments Available Now

Corners at Crystal Lake

2700 Reynolda RdWinston-Salem, NC 27106
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Brannigan Village
$870 - $1,404
Total Monthly Price

Total Monthly Price

Base Rent
$840 - $1,374
Required Monthly Fees
$30

Total Monthly Price
$870 - $1,404
1 to 3 Bedroom Apartments Available Now

Brannigan Village

200 Brannigan Village DrWinston-Salem, NC 27127
Senior Living
  • Verified
  • Customer Reviewed
  • 3D Tour
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Lofts at Mill Creek Apartments
$884 - $1,210
Total Monthly Price

Total Monthly Price

Base Rent
$869 - $1,195
Required Monthly Fees
$15

Total Monthly Price
$884 - $1,210
1 to 2 Bedroom Apartments Available Now

Lofts at Mill Creek Apartments

100 Stagecoach RdWinston-Salem, NC 27105
Student Housing
  • 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: 02/15/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Parkview$999$82520
Salem Gardens$999$82520
South Winston Salem$1,085$74514
Easton$1,200$67520
Flat Rock$1,200$67523
Reynolda Forest Salem Lake$1,200$69518
Southeast Winston Salem$1,200$67522
Waughtown$1,200$67520
Cedar Forest$1,350$75061
Shattalon Heights$1,355$695155

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 ListingModel NameBed/BathPriced From
Pegram Landing IIOne Bedroom1BR,1BA$386
Northwood Apartments2BR/1.0BA2BR,1BA$675
Broadbay CrossingsOne Bedroom- Classic1BR,1BA$715
1410 ACADEMY ST1BR/1.0BA1BR,1BA$725
Countryside Gardens1 Bed / 1 Bath1BR,1BA$750
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 4-J1BR,1BA$750
Gardens At Country Club111BR,1BA$769
3640-3690 Yarbrough Ave1 BR 1 BA1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Little CreekTH-2B1BR2BR,1.5BA$0.98
Morgan Place Apartments2BR - 1.5BTH TH R2BR,1.5BA$0.93
1425 W Academy St, Unit UP1425 W Academy St2BR,1BA$0.84
Villas at VineyardVV-2B2BR2BR,2BA$1.11
The Village at Heather HillsHeather South $10952BR,2BA$0.88
Bethabara Village2 Bed 1.5 Bath2BR,1.5BA$0.96
Highland Commons2 bedroom, 1 bathroom2BR,1BA$1.11
Fiddlers Creek Apartments1x11BR,1BA$1.13
Pegram Landing IIOne Bedroom1BR,1BA$0.54
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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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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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 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

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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.