Cheap Apartments for Rent in the Downtown Winston Salem Neighborhood of Winston-Salem, NC from $795 (30 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 412 W 1st St
$795 - $995
1 Bedroom Rentals
Available Now
Affordability

412 W 1st St

Winston-SalemNC27101
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Hilltop House
$1,072 - $1,353

Total Monthly Price

Base Rent$1,072 - $1,353

Total Monthly Price$1,072 - $1,353
1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
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133 N Spring St
1 Bedroom Apartments

133 N Spring St

133 N Spring StWinston-Salem, NC 27101
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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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664 2nd St NW
2 Bedroom Apartments

664 2nd St NW

664 2nd St NWWinston-Salem, NC 27101
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209 N Spring St
1 to 2 Bedroom Apartments

209 N Spring St

209 N Spring StWinston-Salem, NC 27101
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757 North
1 to 2 Bedroom Apartments

757 North

757 N Chestnut StWinston-Salem, NC 27101

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property at 101 E 6th St
$1,695 - $1,850
2 Bedroom Rentals
Available Now

101 E 6th St

Winston-SalemNC27101

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 ListingModel NameBed/BathPriced From
The Livery Apartments1 Bed1BR,1BA$875
Gray Court Apartments0BR/1.0BAStudio,1BA$950
133 N Spring St1BR/1.0BA1BR,1BA$950
Village Lofts1BR/1.0BA1BR,1BA$1,035
Hilltop HouseA41BR,1BA$1,228
Link Apartments® Innovation QuarterS11BR,1BA$1,413
Plant 64 Apartment Homes1K1BR,1BA$1,430
Link Apartments® 4th StreetA21BR,1BA$1,435
The ArtreauxA2.01BR,1BA$1,497
West End StationA51BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery LoftsMiro2BR,2BA$1.59
Village Lofts2BR/2.0BA2BR,2BA$1.61
Winston Factory LoftsUNIT 207B, 311B, 408B, 509B2BR,2BA$1.96
West End StationA51BR,1BA$2.11
The ArtreauxA4.01BR,1BA$2.45
Hilltop HouseA41BR,1BA$1.95
Link Apartments® 4th StreetA21BR,1BA$2.46
133 N Spring St1BR/1.0BA1BR,1BA$1.73
The Livery Apartments1 Bed1BR,1BA$1.64
Gray Court Apartments0BR/1.0BAStudio ,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

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

Written by: Robin Stewart

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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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.

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

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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.