Cheap Apartments for Rent in the Bowen Park Neighborhood of Winston-Salem, NC from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Bowen Park area of Winston-Salem.

property at 412 W 1st St

$795 - $995

1 Bedroom Rentals

Available Now

412 W 1st St

Winston-SalemNC27101

Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Fairview Landing
1 to 2 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
  • Utilities Included
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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
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Northwood Apartments
1 to 3 Bedroom Apartments

Northwood Apartments

105 NE Inverness StWinston-Salem, NC 27105
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1350 N Chestnut St
2 Bedroom Apartments

1350 N Chestnut St

1350 N Chestnut StWinston-Salem, NC 27105
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Ogburn Apartments
2 Bedroom Apartments

Ogburn Apartments

4336 Ogburn AveWinston-Salem, NC 27105
Student Housing

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.

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555 East Apartments
2 Bedroom Apartments

555 East Apartments

555 N Martin Luther King Jr DrWinston-Salem, NC 27101
  • Utilities Included
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Aster Park Apartments
1 to 4 Bedroom Apartments

Aster Park Apartments

1620 Hope LnWinston-Salem, NC 27105
  • Utilities Included

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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Showing Results 1-46, Page 1 of 1

Bowen Park, Winston-Salem, NC Local Guide

Cheapest Available Bowen Park Apartments for Rent

 

The cheapest available apartment rental in the Bowen Park area of Winston-Salem, NC is a 1 Bed unit found at Northwood Apartments priced from $740. Kensington Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Bowen Park apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$740
Kensington VillageThe Saville1BR,1BA$910
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$990
The Livery Apartments1 Bed1BR,1BA$1,000
Crestwood Gardens3 Bed/ 1 Bath3BR,1BA$1,025
Village Lofts1BR/1.0BA1BR,1BA$1,035
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1,095
Skyview Townhomes2 Bedroom2BR,1BA$1,200
Brown School Lofts1 Bdrm Garden, 664 SqFt, Market,1BR,1BA$1,275

Best Value Apartments for Rent in Bowen Park, NC

As of August 07, 2026 the best value apartment in the Bowen Park area is the $1.51 price per square foot Miro Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $2,120. The second greatest value Bowen Park apartment is the The Skybox Terrace Penthouse Model at Lofts at Whitaker Park starting at $2,500 with a $1.81 price per square foot in the Northeast Winston Salem neighborhood. Here is today’s list of the best values for Bowen Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery LoftsMiro2BR,2BA$1.51
Lofts at Whitaker ParkThe Skybox Terrace Penthouse2BR,2BA$1.81
Brookside Townhomes4 BR / 2 BA4BR,2BA$1.17
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.10
Village Lofts2BR/2.0BA2BR,2BA$1.61
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
Crestwood Gardens3 Bed/ 1 Bath3BR,1BA$1.21
1202 E 3rd St, Unit 1202 E 3rd St1202 E 3rd St1BR,1BA$1.59
Kensington VillageThe Saville1BR,1BA$1.71
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$1.62

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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Real 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.

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Best Local Schools in
Bowen Park, Winston-Salem, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap Bowen Park Apartments

What is a cheap apartment in Bowen Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Bowen Park is under $1,275.

What is the price of a cheap apartment in Bowen Park?

The cheapest apartment in Bowen Park is Northwood Apartments which is listed at $740, while the average apartment in Bowen Park costs $1,627.

What types of apartments are the cheapest in Bowen Park?

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 20 regular apartments in Bowen Park 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 Bowen Park?

Cheap apartments in Bowen Park have an average cost of $673 which is $954 cheaper than the average rent for all rentals in Bowen Park.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.