
Cheap Apartments for Rent in the Downtown Winston Salem Neighborhood of Winston-Salem, NC from $700 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Winston Salem area of Winston-Salem.


300 N Spring St

115 S Spruce St

Village Lofts

The Livery Apartments

Total Monthly Price
Hilltop House
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Mill 800

Spring Garden Apartments
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301 N Spring St

Gray Court Apartments

664 Second St NW

315 N Spruce St

209 N Spring St

The Residences at The R.J. Reynolds Building
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Downtown Winston Salem, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Downtown Winston Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Winston Salem Studio Apartments | $1,494 | $950 | $1,858 |
| Downtown Winston Salem 1 Bedroom Apartments | $1,530 | $795 | $2,071 |
| Downtown Winston Salem 2 Bedroom Apartments | $2,230 | $1,095 | $3,934 |
| Downtown Winston Salem 3 Bedroom Apartments | $2,912 | $1,995 | $3,724 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Winston Salem Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
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. Village Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Downtown Winston Salem apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gray Court Apartments | 0BR/1.0BA | Studio,1BA | $895 |
| Village Lofts | 0BR/1.0BA | Studio,1BA | $950 |
| The Livery Apartments | 1 Bed | 1BR,1BA | $1,020 |
| 664 2nd St NW | Two Bedroom One Bath | 2BR,1BA | $1,095 |
| Plant 64 Apartment Homes | 1K | 1BR,1BA | $1,314 |
Best Value Apartments for Rent in Downtown Winston Salem, NC
As of July 23, 2026 the best value apartment in the Downtown Winston Salem 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 Downtown Winston Salem apartment is the B2.0 Model at The Artreaux starting at $2,445 with a $2.25 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gallery Lofts | Miro | 2BR,2BA | $1.51 |
| The Artreaux | B2.0 | 2BR,2BA | $2.25 |
| 664 2nd St NW | Two Bedroom One Bath | 2BR,1BA | $1.10 |
| 50 West Fourth Residences | Apt 104 | 2BR,2BA | $1.84 |
| West End Station | A5 | 1BR,1BA | $2.18 |
| Winston Factory Lofts | SUITE 213A, 413A, 513A | 1BR,1BA | $2.19 |
| The Easley | A1 | 1BR,1BA | $2.49 |
| The Livery Apartments | 1 Bed | 1BR,1BA | $1.89 |
| Gray Court Apartments | 0BR/1.0BA | Studio ,1BA | $1.79 |
| Village Lofts | 0BR/1.0BA | Studio ,1BA | $2.53 |
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 $1,677.
What is the price of a cheap apartment in Downtown Winston Salem?
The cheapest apartment in Downtown Winston Salem is Gray Court Apartments which is listed at $995, while the average apartment in Downtown Winston Salem costs $2,962.
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 9 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

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.

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.