Cheap Apartments for Rent in the Forest Park Neighborhood of Winston-Salem, NC from $495 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Forest Park 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.

property at 412 W 1st St
$795 - $995
1 Bedroom Rentals
Available Now
Affordability

412 W 1st St

Winston-SalemNC27101

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 1926 Kentucky Ave
$1,025

Total Monthly Price

Base Rent$1,025

Total Monthly Price$1,025
3 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1926 Kentucky Ave

Winston-SalemNC27101
property at 1615 Argonne Blvd
$1,050

Total Monthly Price

Base Rent$1,050

Total Monthly Price$1,050
2 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1615 Argonne Blvd

Winston-SalemNC27107
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Hilltop House
$1,072 - $1,793

Total Monthly Price

Base Rent$1,072 - $1,793

Total Monthly Price$1,072 - $1,793
1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
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862 Foxwood Pl
1 Bedroom Apartments

862 Foxwood Pl

862 Foxwood PlWinston-Salem, NC 27127
  • Utilities Included

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.

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Starlight Manor
1 Bedroom Apartments

Starlight Manor

3200-3214 Starlight DrWinston-Salem, NC 27107
  • Utilities Included
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Cedar Ridge Apartments
1 to 3 Bedroom Apartments

Cedar Ridge Apartments

3626-3656 Cedar Springs DrWinston-Salem, NC 27107
  • Utilities Included
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Broadbay Crossings
1 to 2 Bedroom Apartments

Broadbay Crossings

3610 Baden RdWinston-Salem, NC 27107
  • Utilities Included
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Green Oaks
2 Bedroom Apartments

Green Oaks

1600 Oak Croft DrWinston-Salem, NC 27107
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Autumn Oaks MHP
3 Bedroom Apartments

Autumn Oaks MHP

2221 Fanning RdWinston-Salem, NC 27107
  • Utilities Included

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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555 East Apartments
2 Bedroom Apartments

555 East Apartments

555 N Martin Luther King Jr DrWinston-Salem, NC 27101
  • Utilities Included
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133 N Spring St
1 Bedroom Apartments

133 N Spring St

133 N Spring StWinston-Salem, NC 27101

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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664 2nd St NW
2 Bedroom Apartments

664 2nd St NW

664 2nd St NWWinston-Salem, NC 27101

Cheapest Available Forest Park Apartments for Rent

 

The cheapest available apartment rental in the Forest Park area of Winston-Salem, NC is a 1 Bed unit found at Broadbay Crossings priced from $750. 720001- 513-525 S. GREEN STREET has the second lowest priced unit, which is a 2 Beds apartment currently listed from $845. Here are the most affordable Forest Park apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Broadbay CrossingsOne Bedroom- Classic1BR, 1BA$750
720001- 513-525 S. GREEN STREET2BR/1.0BA2BR, 1BA$845
The Livery Apartments1 Bed1BR, 1BA$875
Village Lofts1BR/1.0BA1BR, 1BA$1,035
Chatham Place Apartments1BR/1.0BA1BR, 1BA$1,090
Link Apartments® Innovation QuarterS21BR, 1BA$1,181
Hilltop HouseA41BR, 1BA$1,228
Plant 64 Apartment Homes1K1BR, 1BA$1,430
Link Apartments® 4th StreetA21BR, 1BA$1,444

Best Value Apartments for Rent in Forest Park, NC

As of September 17, 2026 the best value apartment in the Forest Park area is the $1.61 price per square foot 2BR/2.0BA Model at Village Lofts in the Downtown Winston Salem neighborhood starting from $1,550. The second greatest value Forest Park apartment is the 705 Alexander St Model at 705 Alexander St, Unit 1 in the South Central Winston Salem neighborhood starting at $795 with a $0.99 price per square foot. Here is today’s list of the best values for Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village Lofts2BR/2.0BA2BR, 2BA$1.61
705 Alexander St, Unit 1705 Alexander St2BR, 1BA$0.99
109 Vintage Ave, Unit Henny's Haven #1109 Vintage Ave1BR, 1BA$2.50
Chatham Place Apartments1BR/1.0BA1BR, 1BA$1.38
Plant 64 Apartment Homes1L1BR, 1BA$2.83
Hilltop HouseA41BR, 1BA$1.95
Link Apartments® Innovation QuarterA31BR, 1BA$2.64
Link Apartments® 4th StreetA21BR, 1BA$2.47
Broadbay CrossingsOne Bedroom- Classic1BR, 1BA$1.30
The Livery Apartments1 Bed1BR, 1BA$1.64

Frequently Asked Questions about Cheap Forest Park Apartments

What is the price of a cheap apartment in Forest Park?

The cheapest apartment in Forest Park is Broadbay Crossings which is listed at $750, while the average apartment in Forest Park costs $1,430.

What types of apartments are the cheapest in Forest Park?

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 7 regular apartments in Forest Park 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.

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.