Cheap Apartments for Rent in the Downtown Winston Salem Neighborhood of Winston-Salem, NC from $800 (22 Rentals)

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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The Livery Apartments
1 Bedroom Apartments

The Livery Apartments

648 Holly AveWinston-Salem, NC 27101
  • Utilities Included
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Gray Court Apartments
1 Bedroom Apartments

Gray Court Apartments

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

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property at 101 E 6th St

101 E 6th St

Winston-SalemNC27101
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757 North
1 to 2 Bedroom Apartments

757 North

757 N Chestnut StWinston-Salem, NC 27101
Showing Results 1-22, Page 1 of 1

Downtown Winston Salem, Winston-Salem, NC Local Guide

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 50 West Fourth Residences priced from $1,325. Winston Factory Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,365. Here are the most affordable Downtown Winston Salem apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
50 West Fourth Residences1 Beds, 1 Baths1BR,1BA$1,325
Winston Factory LoftsUNIT 209B, 313B, 410B, 511B1BR,1BA$1,365
Link Apartments® 4th StreetA11BR,1BA$1,395
Chatham Place Apartments1BR/1.0BA1BR,1BA$1,400
The ArtreauxA2.01BR,1BA$1,427

Best Value Apartments for Rent in Downtown Winston Salem, NC

As of September 01, 2025 the best value apartment in the Downtown Winston Salem area is the $1.40 price per square foot Calder Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,930. The second greatest value Downtown Winston Salem apartment is the B5 Model at Link Apartments® Innovation Quarter starting at $2,691 with a $2.43 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 LoftsCalder2BR,2BA$1.40
Link Apartments® Innovation QuarterB52BR,2BA$2.43
Plant 64 Apartment Homes1P21BR,1BA$2.27
West End StationA41BR,1BA$2.01
Village Lofts Apartments2BR/1.0BA2BR,1BA$2.01
Gray Court Apartments1BR/1.0BA1BR,1BA$1.42
The EasleyS1Studio ,1BA$2.27
Chatham Place Apartments1BR/1.5BA1BR,1.5BA$2.45
Winston Factory LoftsUNIT 209B, 313B, 410B, 511B1BR,1BA$2.23
50 West Fourth Residences1 Beds, 1 Baths1BR,1BA$2.23

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Pet Friendly Lifestyle
Downtown Winston Salem, Winston-Salem, NC

Ranked #127

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Downtown Winston Salem Neighborhood in Winston-Salem, NC

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Downtown Winston Salem Apartments

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 $3,105.

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 20 regular apartments in Downtown Winston Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Winston Salem?

Cheap apartments in Downtown Winston Salem have an average cost of $818 which is $2,287 cheaper than the average rent for all rentals in Downtown Winston Salem.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.