Cheap Apartments for Rent in the Graylyn Neighborhood of Winston-Salem, NC from $600 (73 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Graylyn 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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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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property at 615 N Spring St

$1,125 - $1,150

2 Bedroom Rentals

Available Now

615 N Spring St

Winston-SalemNC27101
property at 4012 May St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175

3 Bedroom, 1 Bath Home for Rent

Available Now

4012 May St

Winston-SalemNC27105

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 1335 Thurmond St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

3 Bedroom, 2 Bath Home for Rent

Available Now

1335 Thurmond St

Winston-SalemNC27105
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664 W 2nd St
$1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295
2 Bedroom Apartment Available Now

664 W 2nd St

664 W 2nd StWinston-Salem, NC 27101

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Wilma Apartments
1 Bedroom Apartments

Wilma Apartments

220 N Hawthorne RdWinston-Salem, NC 27104
  • Utilities Included
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Cherry Street Apartments
2 Bedroom Apartments

Cherry Street Apartments

2642 Cherry StWinston-Salem, NC 27105
Senior Living
  • Utilities Included
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Pine Ridge at Reynolda
Studio to 2 Bedroom Apartments

Pine Ridge at Reynolda

2745 Basswood CtWinston-Salem, NC 27106
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Graylyn, Winston-Salem, NC Local Guide

Cheapest Available Graylyn Apartments for Rent

 

The cheapest available apartment rental in the Graylyn area of Winston-Salem, NC is a Studio unit found at Gray Court Apartments priced from $895. Enclave at North Point Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $923. Here are the most affordable Graylyn apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Enclave at North Point ApartmentsStudio RenoStudio,1BA$923
Ardmore TerraceThe Azalea1BR,1BA$960
1306 Glade Street1BR/1.0BA1BR,1BA$995
The Livery Apartments1 Bed1BR,1BA$1,020
Sherwood Station ApartmentsA21BR,1BA$1,061
Corners at Crystal LakeFairlawn Renovated1BR,1BA$1,160
Village Lofts Apartments1BR/1.0BA1BR,1BA$1,220
Highland Commons2BR/1.0BA2BR,1BA$1,250

Best Value Apartments for Rent in Graylyn, NC

As of May 06, 2026 the best value apartment in the Graylyn area is the $1.44 price per square foot B1.26 Model at Edge Flats in the in the Buena Vista neighborhood starting from $2,091. The second greatest value Graylyn apartment is the The Covington Model at Legacy at Ardmore starting at $2,227 with a $1.74 price per square foot in the Southwest Winston Salem neighborhood. Here is today’s list of the best values for Graylyn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Edge FlatsB1.262BR,2BA$1.44
Legacy at ArdmoreThe Covington2BR,2BA$1.74
Crowne Polo2 PX Renovated2BR,2BA$1.49
664 W 2nd St664 W 2nd St2BR,1BA$1.30
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.30
Mill 8001M1BR,1BA$1.47
Highland Commons2BR/1.0BA2BR,1BA$1.39
1612 W 1st St, Unit B1612 W 1st St1BR,1BA$1.47
Ardmore TerraceThe Azalea1BR,1BA$1.23
Gray Court Apartments0BR/1.0BAStudio ,1BA$1.79

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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
Graylyn, Winston-Salem, NC

Ranked #20

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Graylyn Apartments

What is the Cheapest Studio apartment in Graylyn?

Currently the most affordable Cheap Studio Apartment in Graylyn is at Gray Court Apartments listed at $895.

How much is rent for a Cheap One Bedroom Graylyn Apartment?

The lowest price for a Cheap One Bedroom Graylyn Apartment is $925 at Enclave at North Point Apartments.

What is the lowest price for a Cheap Two Bedroom Graylyn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Graylyn is starting from $1,035 at Ardmore Terrace.

What is the most affordable Graylyn Three Bedroom Apartment?

The best deal on a cheap Graylyn Three Bedroom Apartment rental is at Enclave at North Point Apartments and starts from $1,499.

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.

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.