Cheap Apartments for Rent in the Fair Oaks Neighborhood of Winston-Salem, NC from $500 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fair Oaks 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.

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Abbington Gardens
2 to 4 Bedroom Apartments

Abbington Gardens

5335 Nita DrWinston-Salem, NC 27105
  • Utilities Included

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.

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Bridgewood
1 to 2 Bedroom Apartments

Bridgewood

5270 Indiana AveWinston-Salem, NC 27106
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Northwood Apartments
1 to 3 Bedroom Apartments

Northwood Apartments

105 NE Inverness StWinston-Salem, NC 27105
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New Hope
1 to 2 Bedroom Apartments

New Hope

315 Motor RdWinston-Salem, NC 27105
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Ogburn Apartments
2 Bedroom Apartments

Ogburn Apartments

4336 Ogburn AveWinston-Salem, NC 27105
Student Housing
Showing Results 1-20, Page 1 of 1

Fair Oaks, Winston-Salem, NC Local Guide

Cheapest Available Fair Oaks Apartments for Rent

 

The cheapest available apartment rental in the Fair Oaks area of Winston-Salem, NC is a 1 Bed unit found at Hunt Park Senior Apartments priced from $694. Northwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Fair Oaks apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Hunt Park Senior Apartments1 Bedroom1BR,1BA$694
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$740
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795
The View at 50101 Bedroom 1 Bath - A1BR,1BA$820
The Cove111BR,1BA$830

Best Value Apartments for Rent in Fair Oaks, NC

As of May 17, 2026 the best value apartment in the Fair Oaks area is the $1.28 price per square foot 3 BR / 1.5 BA R Model at Brookside Townhomes in the in the Northeast Winston Salem neighborhood starting from $1,349. The second greatest value Fair Oaks apartment is the The Princeton - Garden/Loft Model at Sugar Creek Apartments starting at $1,380 with a $1.37 price per square foot in the Northwest Winston Salem neighborhood. Here is today’s list of the best values for Fair Oaks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brookside Townhomes3 BR / 1.5 BA R3BR,1.5BA$1.28
Sugar Creek ApartmentsThe Princeton - Garden/Loft2BR,2BA$1.37
Hampton Court Apartments I & II2BR/1BA2BR,1BA$1.17
Mill Creek FlatsJupiter1BR,1BA$1.40
Beltway Park at WinstonPlatinum1BR,1BA$1.25
Alaris Village1 Bed 1 Bath (sunroom optional)1BR,1BA$1.39
The Cove21BD2BR,1BA$1.43
Countryside Villa Apartments1BR - 1BTH1BR,1BA$1.38
Brandemere Apartment HomesA - Tucker1BR,1BA$1.30
Hunt Park Senior Apartments1 Bedroom1BR,1BA$1.16

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Fair Oaks, Winston-Salem, NC

Ranked #47

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Fair Oaks Apartments

What is the price of a cheap apartment in Fair Oaks?

The cheapest apartment in Fair Oaks is Hunt Park Senior Apartments which is listed at $694, while the average apartment in Fair Oaks costs $1,775.

What types of apartments are the cheapest in Fair Oaks?

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 49 regular apartments in Fair Oaks 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 Fair Oaks?

Cheap apartments in Fair Oaks have an average cost of $383 which is $1,392 cheaper than the average rent for all rentals in Fair Oaks.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.