Cheap Apartments for Rent in the Downtown Winston Salem Neighborhood of Winston-Salem, NC from $700 (14 Rentals)

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

property at 300 N Spring St

$725 - $800

1 Bedroom Rentals

Available Now

300 N Spring St

Winston-SalemNC27101

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The Livery Apartments
Studio to 1 Bedroom Apartments

The Livery Apartments

648 Holly AveWinston-Salem, NC 27101
  • Utilities Included
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Gray Court Apartments
Studio to 2 Bedroom Apartments

Gray Court Apartments

450 N Broad StWinston-Salem, NC 27101
  • Utilities Included

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Showing Results 1-14, Page 1 of 1

Cheapest Available Downtown Winston Salem Apartments for Rent

 

The cheapest available apartment rental in the Downtown Winston Salem area of Winston-Salem, NC is a Studio unit found at Gray Court Apartments priced from $895. Hilltop House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here are the most affordable Downtown Winston Salem apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Hilltop HouseA31BR,1BA$989
Village Lofts Apartments1BR/1.0BA1BR,1BA$1,125
The EasleyS1Studio,1BA$1,220
The ArtreauxA1.01BR,1BA$1,316

Best Value Apartments for Rent in Downtown Winston Salem, NC

As of January 18, 2026 the best value apartment in the Downtown Winston Salem area is the $1.83 price per square foot B2 Model at Link Apartments® 4th Street in the in the Downtown Winston Salem neighborhood starting from $2,027. The second greatest value Downtown Winston Salem apartment is the Kahlo Model at Gallery Lofts starting at $1,515 with a $1.55 price per square foot in the Downtown Winston Salem neighborhood. Here is today’s list of the best values for Downtown Winston Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Link Apartments® 4th StreetB22BR,2BA$1.83
Gallery LoftsKahlo1BR,1BA$1.55
Winston Factory LoftsUNIT 606B2BR,2BA$1.93
Mill 8001S1BR,1BA$1.70
Chatham Place Apartments1BR/1.0BA1BR,1BA$1.78
West End StationA41BR,1BA$1.93
Village Lofts Apartments2BR/1.0BA2BR,1BA$2.01
Hilltop HouseA51BR,1BA$1.92
The EasleyA11BR,1BA$2.06
Gray Court Apartments0BR/1.0BAStudio ,1BA$1.79

Frequently Asked Questions about Cheap Downtown Winston Salem Apartments

What is a cheap apartment in Downtown Winston Salem?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Winston Salem is under $1,600.

What is the price of a cheap apartment in Downtown Winston Salem?

The cheapest apartment in Downtown Winston Salem is Hilltop House which is listed at $989, while the average apartment in Downtown Winston Salem costs $3,202.

What types of apartments are the cheapest in Downtown 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 28 regular apartments in Downtown Winston Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!