Cheap Homes for Rent in the Forest Hills Neighborhood of Winston-Salem, NC from $865 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in the Forest Hills area of Winston-Salem.

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 438 24th St NW
$1,195
2 Bedroom Rentals
Available Now
Affordability

438 24th St NW

Winston-SalemNC27105
  • Smoke Free

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Forest Hills, Winston-Salem, NC Local Guide

Cheapest Available Forest Hills Homes for Rent

 

The cheapest available rental home in the Forest Hills area of Winston-Salem, NC is a 2 Beds home found at 221 W Twenty-Third St priced from $950. 317 W Twenty-Third St has the second lowest priced home, which is a 3 Beds rental home currently listed from $950. Here are the most affordable Forest Hills homes for rent in Winston-Salem, NC:

Home ListingModel NameBed/BathPriced From
221 W Twenty-Third St221 W Twenty-Third St2BR, 1BA$950
317 W Twenty-Third St317 W Twenty-Third St3BR, 1BA$950
1704 Lincoln Ave1704 Lincoln Ave2BR, 1BA$995
4114 Tise Ave4114 Tise Ave2BR, 1BA$1,100
2814 Manchester-2814 Manchester-3BR, 1BA$1,225

Best Value Homes for Rent in Forest Hills, NC

As of September 17, 2026 the best value rental home in the Forest Hills area is the $0.94 price per square foot 4589 Heatherly Rd Model at 4589 Heatherly Rd in the Northeast Winston Salem neighborhood starting from $2,219. The second greatest value Forest Hills rental home is the 5140 Sunrise Terrace Model at 5140 Sunrise Terrace in the Northeast Winston Salem neighborhood starting at $1,745 with a $0.97 price per square foot. Here is today’s list of the best values for Forest Hills homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
4589 Heatherly Rd4589 Heatherly Rd5BR, 3BA$0.94
5140 Sunrise Terrace5140 Sunrise Terrace3BR, 1.5BA$0.97
4360 Oak Pointe Dr4360 Oak Pointe Dr3BR, 2.5BA$1.06
2232 Ivy Ave2232 Ivy Ave2BR, 1BA$1.03
3070 Bonhurst Dr3070 Bonhurst Dr2BR, 1.5BA$1.08
1504 Aspen Way, Unit 1504 Aspen Way1504 Aspen Way2BR, 2BA$1.06
1504 Aspen Way1504 Aspen Way2BR, 2BA$1.06
1023 Timberline Ridge Ct1023 Timberline Ridge Ct2BR, 2BA$1.13
317 W Twenty-Third St317 W Twenty-Third St3BR, 1BA$1.10
221 W Twenty-Third St221 W Twenty-Third St2BR, 1BA$1.14

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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
Forest Hills, Winston-Salem, NC

Ranked #87

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 Forest Hills

What type of rentals are currently available in Forest Hills?

There are currently 65 Apartments for Rent in Forest Hills, NC with pricing that ranges from $695 to $2,600. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Forest Hills ranging from $865 to $2,219.

What is the current price range for Rental Homes in Forest Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Forest Hills ranges from $865 to $2,219 with an average monthly rent of $1,356.

How much are larger Three and Four Bedroom Rentals in Forest Hills?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Forest Hills range from $1,025 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,980. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,349.

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

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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

Written by: Robin Stewart

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

Written by: Robin Stewart

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.