Cheap Apartments for Rent in the Graylyn Neighborhood of Winston-Salem, NC from $400 (48 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 3818 Country Club Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

3818 Country Club Rd, Unit F

3818 Country Club Rd
Winston-SalemNC27104

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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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

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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Sterling Pointe
2 Bedroom Apartments

Sterling Pointe

820 W 7th StWinston-Salem, NC 27101
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Gray Court Apartments
Studio to 2 Bedroom Apartments

Gray Court Apartments

450 N Broad StWinston-Salem, NC 27101
  • Utilities Included
property at 832 W 7th St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Now

832 W 7th St

Winston-SalemNC27101
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Aster Park Apartments
1 to 4 Bedroom Apartments

Aster Park Apartments

1620 Hope LnWinston-Salem, NC 27105
  • Utilities Included
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1121 West End Blvd
Studio to 2 Bedroom Apartments

1121 West End Blvd

1121 W End BlvdWinston-Salem, NC 27101
  • 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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1306 Glade Street
1 to 2 Bedroom Apartments

1306 Glade Street

1306-1318 Glade StWinston-Salem, NC 27101
Showing Results 1-48, Page 1 of 1

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. Sherwood Station Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. 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
Sherwood Station ApartmentsA11BR,1BA$905
Corners at Crystal LakeFairlawn1BR,1BA$915
Ardmore TerraceThe Cypress1BR,1BA$935
1121 West End Blvd0BR/1.0BAStudio,1BA$995
The Livery Apartments1 Bed1BR,1BA$1,020
1306 Glade Street2BR/1.0BA2BR,1BA$1,095
Village Lofts Apartments1BR/1.0BA1BR,1BA$1,125
Enclave at North Point ApartmentsTwo Bed Two Bath - Signature2BR,2BA$1,175

Best Value Apartments for Rent in Graylyn, NC

As of June 20, 2026 the best value apartment in the Graylyn area is the $0.90 price per square foot 222 W End Blvd Model at 222 W End Blvd, Unit 222 in the in the East Winston neighborhood starting from $1,260. The second greatest value Graylyn apartment is the 2 PX Reno Painted Model at Crowne Polo starting at $1,825 with a $1.48 price per square foot in the Northwest 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.
222 W End Blvd, Unit 222222 W End Blvd2BR,2BA$0.90
Crowne Polo2 PX Reno Painted2BR,2BA$1.48
Enclave at North Point ApartmentsThree Bed Two Bath - Premier3BR,2BA$1.36
Edge FlatsB1.12BR,2BA$1.76
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.30
Village Lofts Apartments2BR/2.0BA2BR,2BA$1.61
Crowne Park1 Diplomat1BR,1BA$1.64
Ardmore TerraceThe Cypress1BR,1BA$1.26
1121 West End Blvd0BR/1.0BAStudio ,1BA$1.59
Corners at Crystal LakeFairlawn Renovated1BR,1BA$1.68

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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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 #18

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 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 $1,175.

What is the price of a cheap apartment in Graylyn?

The cheapest apartment in Graylyn is Ardmore Terrace which is listed at $885, while the average apartment in Graylyn costs $1,824.

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 45 regular apartments in Graylyn 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 Graylyn?

Cheap apartments in Graylyn have an average cost of $788 which is $1,036 cheaper than the average rent for all rentals in Graylyn.

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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.