
Cheap Apartments for Rent in the Downtown Winston Salem Neighborhood of Winston-Salem, NC from $795 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Winston Salem area of Winston-Salem.


300 N Spring St

The Livery Apartments

115 S Spruce St

121 S Poplar St

Village Lofts

Total Monthly Price
Hilltop House
Rent According to Income: A Look at Income-Restricted Rentals
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Chatham Place Apartments

127 W End Blvd

409 W 1st St, Unit 1

664 N Spring St

Mill 800

West End Station

50 West Fourth Residences
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.

Link Apartments® Innovation Quarter

Link Apartments® 4th Street

Plant 64 Apartment Homes

Gallery Lofts

Winston Factory Lofts

301 N Spring St

Spring Garden Apartments
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.

133 N Spring St

Gray Court Apartments

664 2nd St NW

209 N Spring St

The Residences at The R.J. Reynolds Building

Eight West Third Apartments

757 North
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.

101 E 6th St

1 W 5th St
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 | $1,493 | $875 | $1,739 |
| Downtown Winston Salem 1 Bedroom Apartments | $1,490 | $795 | $2,083 |
| Downtown Winston Salem 2 Bedroom Apartments | $2,243 | $1,195 | $3,773 |
| Downtown Winston Salem 3 Bedroom Apartments | $3,107 | $2,195 | $3,775 |
Browse Apartments in this Neighborhood
There are currently 30 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 1 Bed unit found at The Livery Apartments priced from $875. Gray Court Apartments 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 |
|---|---|---|---|
| The Livery Apartments | 1 Bed | 1BR,1BA | $875 |
| Gray Court Apartments | 0BR/1.0BA | Studio,1BA | $950 |
| 133 N Spring St | 1BR/1.0BA | 1BR,1BA | $950 |
| Village Lofts | 1BR/1.0BA | 1BR,1BA | $1,035 |
| Hilltop House | A4 | 1BR,1BA | $1,228 |
| Link Apartments® Innovation Quarter | S1 | 1BR,1BA | $1,413 |
| Plant 64 Apartment Homes | 1K | 1BR,1BA | $1,430 |
| Link Apartments® 4th Street | A2 | 1BR,1BA | $1,435 |
| The Artreaux | A2.0 | 1BR,1BA | $1,497 |
| West End Station | A5 | 1BR,1BA | $1,620 |
Best Value Apartments for Rent in Downtown Winston Salem, NC
As of September 06, 2026 the best value apartment in the Downtown Winston Salem area is the $1.59 price per square foot Miro Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $2,220. The second greatest value Downtown Winston Salem apartment is the 2BR/2.0BA Model at Village Lofts starting at $1,550 with a $1.61 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 | $1.59 |
| Village Lofts | 2BR/2.0BA | 2BR,2BA | $1.61 |
| Winston Factory Lofts | UNIT 207B, 311B, 408B, 509B | 2BR,2BA | $1.96 |
| West End Station | A5 | 1BR,1BA | $2.11 |
| The Artreaux | A4.0 | 1BR,1BA | $2.45 |
| Hilltop House | A4 | 1BR,1BA | $1.95 |
| Link Apartments® 4th Street | A2 | 1BR,1BA | $2.46 |
| 133 N Spring St | 1BR/1.0BA | 1BR,1BA | $1.73 |
| The Livery Apartments | 1 Bed | 1BR,1BA | $1.64 |
| Gray Court Apartments | 0BR/1.0BA | Studio ,1BA | $1.90 |
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 $1,620.
What is the price of a cheap apartment in Downtown Winston Salem?
The cheapest apartment in Downtown Winston Salem is The Livery Apartments which is listed at $875, while the average apartment in Downtown Winston Salem costs $1,695.
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 17 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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.