Cheap Apartments for Rent in the Downtown Winston Salem Neighborhood of Winston-Salem, NC from $700 (18 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 1-18, 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$1,130
Link Apartments® 4th StreetA11BR,1BA$1,200
Winston Factory LoftsUNIT 208B, 312B, 409B, 510B1BR,1BA$1,280

Best Value Apartments for Rent in Downtown Winston Salem, NC

As of March 06, 2026 the best value apartment in the Downtown Winston Salem area is the $1.53 price per square foot Douglas 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 UNIT 104B, 204B, 304B, 404B, 504B Model at Winston Factory Lofts starting at $1,695 with a $1.77 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 LoftsDouglas2BR,2BA$1.53
Winston Factory LoftsUNIT 104B, 204B, 304B, 404B, 504B2BR,2BA$1.77
Mill 8001S1BR,1BA$1.45
Chatham Place Apartments1BR/1.0BA1BR,1BA$1.78
West End StationA41BR,1BA$1.93
50 West Fourth Residences1 Beds, 1 Baths1BR,1BA$2.11
The EasleyS1Studio ,1BA$2.13
Hilltop HouseA41BR,1BA$1.85
Link Apartments® 4th StreetA21BR,1BA$2.43
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 $1,400.

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 $3,255.

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 23 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.

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