
Cheap Apartments for Rent in the Graylyn Neighborhood of Winston-Salem, NC from $600 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Graylyn area of Winston-Salem.


Total Monthly Price
235 Corona St, Unit 201

2026 N Cherry St

The Livery Apartments

Total Monthly Price
Sherwood Station Apartments

3818 Country Club Rd, Unit F

Corners at Crystal Lake

Enclave at North Point Apartments

Ardmore Terrace
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.

221 W Twenty-Third St

1704 Lincoln Ave

Village Lofts

2008 Harrison Ave

Chatham Place Apartments

409 W 1st St, Unit 1

1640 W Northwest Blvd, Unit 7

1640 W Northwest Blvd, Unit 6

Highland Commons
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.

1640 W Northwest Blvd, Unit 1

1640 W Northwest Blvd, Unit 9

1640 W Northwest Blvd, Unit 14

First Street Apartments

4229 BROWNSBORO ROAD

Wilma Apartments

Studios at West End

915 Carolina Ave NW

327 Taylor St SW
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.

Cherry Street Apartments

Pine Ridge at Reynolda

605001- 1310 BROOKSTOWN AVENUE

Delmonte Court Apartments

Spring Garden Apartments

316003- 1426 GLADE STREET

Sterling Pointe

Gray Court Apartments

3820 Country Club Rd
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.

Aster Park Apartments

133 N Spring St

1121 West End Blvd

664 2nd St NW

Ludlow Jacob Apartments

2527 Miller Park Cir

2811 Tully Square

2509 Miller Park Cir

1306 Glade Street
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.

209 N Spring St

438 24th St NW
Graylyn, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Graylyn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Graylyn Studio Apartments | $1,420 | $875 | $1,970 |
| Graylyn 1 Bedroom Apartments | $1,437 | $750 | $3,214 |
| Graylyn 2 Bedroom Apartments | $1,768 | $985 | $3,728 |
| Graylyn 3 Bedroom Apartments | $1,824 | $1,199 | $3,775 |
Browse Apartments in this Neighborhood
There are currently 47 rentals with your search options within a 2 mile radius of the Graylyn Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
Graylyn, Winston-Salem, NC Local Guide
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Cheapest Available Graylyn Apartments for Rent
 The cheapest available apartment rental in the Graylyn area of Winston-Salem, NC is a 1 Bed unit found at 4229 BROWNSBORO ROAD priced from $625. 605001- 1310 BROOKSTOWN AVENUE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Graylyn apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4229 BROWNSBORO ROAD | 1BR/1.0BA | 1BR, 1BA | $625 |
| 605001- 1310 BROOKSTOWN AVENUE | 1BR/1.0BA | 1BR, 1BA | $825 |
| 316003- 1426 GLADE STREET | 1BR/1.0BA | 1BR, 1BA | $865 |
| The Livery Apartments | 1 Bed | 1BR, 1BA | $875 |
| Sherwood Station Apartments | A1 | 1BR, 1BA | $894 |
| Corners at Crystal Lake | Fairlawn | 1BR, 1BA | $905 |
| Ardmore Terrace | The Cypress | 1BR, 1BA | $935 |
| Gray Court Apartments | 0BR/1.0BA | Studio, 1BA | $950 |
| 133 N Spring St | 1BR/1.0BA | 1BR, 1BA | $995 |
Best Value Apartments for Rent in Graylyn, NC
As of September 19, 2026 the best value apartment in the Graylyn area is the $1.74 price per square foot The Covington Model at Legacy at Ardmore in the Southwest Winston Salem neighborhood starting from $2,227. The second greatest value Graylyn apartment is the 2BR/1.0BA Model at Highland Commons in the Southwest Winston Salem neighborhood starting at $1,175 with a $1.31 price per square foot. Here is today’s list of the best values for Graylyn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Legacy at Ardmore | The Covington | 2BR, 2BA | $1.74 |
| Highland Commons | 2BR/1.0BA | 2BR, 1BA | $1.31 |
| Crowne Park | 1 DX Reno Painted | 1BR, 1BA | $1.71 |
| Mill 800 | 1D | 1BR, 1BA | $1.56 |
| Chatham Place Apartments | 1BR/1.0BA | 1BR, 1BA | $1.38 |
| Ardmore Terrace | The Cypress | 1BR, 1BA | $1.33 |
| 235 Corona St, Unit 201 | 235 Corona St | 1BR, 1BA | $1.15 |
| Enclave at North Point Apartments | One Bed One Bath - Premier | 1BR, 1BA | $1.62 |
| Corners at Crystal Lake | Fairlawn Renovated | 1BR, 1BA | $1.64 |
| The Livery Apartments | 1 Bed | 1BR, 1BA | $1.64 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleGraylyn, Winston-Salem, NC
Ranked #11
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Graylyn Apartments
What is a cheap apartment in Graylyn?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Graylyn is under $995.
What is the price of a cheap apartment in Graylyn?
The cheapest apartment in Graylyn is 4229 BROWNSBORO ROAD which is listed at $625, while the average apartment in Graylyn costs $1,600.
What types of apartments are the cheapest in Graylyn?
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 25 regular apartments in Graylyn 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

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.

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.

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.

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.