
Cheap Homes for Rent in Downtown Winston Salem Neighborhood of Winston-Salem, NC from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Winston Salem area of Winston-Salem.

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
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1 W 5th St
Downtown Winston Salem, Winston-Salem, NC Local Guide

How much does it cost to rent a home in Downtown Winston Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Winston Salem 2 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Downtown Winston Salem 3 Bedroom Homes for Rent | $3,800 | $3,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Winston Salem Neighborhood of Winston-Salem, NC.
Explore Winston-Salem
Best Value Apartments for Rent in Downtown Winston Salem, NC
As of June 08, 2026 the best value apartment in the Downtown Winston Salem area is the $1.51 price per square foot O'Keefe Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,705. The second greatest value Downtown Winston Salem apartment is the Two Bedroom One Bath Model at 664 2nd St NW starting at $1,295 with a $1.30 price per square foot in the South Central 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 | O'Keefe | 1BR,1BA | $1.51 |
| 664 2nd St NW | Two Bedroom One Bath | 2BR,1BA | $1.30 |
| Village Lofts Apartments | 2BR/2.0BA | 2BR,2BA | $1.61 |
| Winston Factory Lofts | UNIT 104B, 204B, 304B, 404B, 504B | 2BR,2BA | $1.93 |
| The Easley | S1 | Studio ,1BA | $2.42 |
| Hilltop House | A5 | 1BR,1BA | $2.07 |
| Link Apartments® 4th Street | A3 | 1BR,1BA | $2.55 |
| Link Apartments® Innovation Quarter | A3 | 1BR,1BA | $2.53 |
| The Livery Apartments | 1 Bed | 1BR,1BA | $1.89 |
| Gray Court Apartments | 0BR/1.0BA | Studio ,1BA | $1.79 |
Frequently Asked Questions about Downtown Winston Salem
What type of rentals are currently available in Downtown Winston Salem?
There are currently 51 Apartments for Rent in Downtown Winston Salem, NC with pricing that ranges from $800 to $3,945. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Winston Salem ranging from $850 to $3,800.
What is the current price range for Rental Homes in Downtown Winston Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Winston Salem ranges from $850 to $3,800 with an average monthly rent of $2,374.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.