Cheap Apartments for Rent in the Canaan Place North Neighborhood of Winston-Salem, NC from $400 (52 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Canaan Place North area of Winston-Salem.

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
  • Utilities Included
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Fairview Landing
1 to 2 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
  • Utilities Included

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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Northwood Apartments
1 to 3 Bedroom Apartments

Northwood Apartments

105 NE Inverness StWinston-Salem, NC 27105
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New Hope
1 to 2 Bedroom Apartments

New Hope

315 Motor RdWinston-Salem, NC 27105
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Cherry Street Apartments
2 Bedroom Apartments

Cherry Street Apartments

2642 Cherry StWinston-Salem, NC 27105
Senior Living
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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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Gray Court Apartments
Studio to 2 Bedroom Apartments

Gray Court Apartments

450 N Broad StWinston-Salem, NC 27101
  • Utilities Included
property at 832 W 7th St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Now

832 W 7th St

Winston-SalemNC27101
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555 East Apartments
2 Bedroom Apartments

555 East Apartments

555 N Martin Luther King Jr DrWinston-Salem, NC 27101
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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 1-50, Page 1 of 2

Canaan Place North, Winston-Salem, NC Local Guide

Cheapest Available Canaan Place North Apartments for Rent

 

The cheapest available apartment rental in the Canaan Place North area of Winston-Salem, NC is a 1 Bed unit found at Northwood Apartments priced from $740. Gray Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Canaan Place North apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$740
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Kensington VillageThe Saville1BR,1BA$910
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$990
Crestwood Gardens3 Bed/ 1 Bath3BR,1BA$1,025
Village Lofts1BR/1.0BA1BR,1BA$1,035
Brown School Lofts1 Bdrm Garden, 664 SqFt, Market,1BR,1BA$1,275
Plant 64 Apartment Homes1K1BR,1BA$1,339
Brookside Townhomes4 BR / 2 BA4BR,2BA$1,399

Best Value Apartments for Rent in Canaan Place North, NC

As of August 07, 2026 the best value apartment in the Canaan Place North 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 Canaan Place North 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 Canaan Place North 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
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
Gray Court Apartments0BR/1.0BAStudio ,1BA$1.79
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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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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Pet Friendly Lifestyle
Canaan Place North, Winston-Salem, NC

Ranked #113

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Canaan Place North, Winston-Salem, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap Canaan Place North Apartments

What is a cheap apartment in Canaan Place North?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Canaan Place North is under $1,399.

What is the price of a cheap apartment in Canaan Place North?

The cheapest apartment in Canaan Place North is Northwood Apartments which is listed at $740, while the average apartment in Canaan Place North costs $1,656.

What types of apartments are the cheapest in Canaan Place North?

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 Canaan Place North 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 Canaan Place North?

Cheap apartments in Canaan Place North have an average cost of $870 which is $786 cheaper than the average rent for all rentals in Canaan Place North.

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.