
Cheap Apartments for Rent in the Graylyn Neighborhood of Winston-Salem, NC from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Graylyn area of Winston-Salem.


2336 N Cherry St

Enclave at North Point Apartments

Total Monthly Price
235 Corona St, Unit 302

1447 Clark Ave

2332 N Cherry St

1403-1405 Pilot View St
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.

300 N Spring St

124 Taylor St SW

Corners at Crystal Lake

Ardmore Terrace

Sherwood Station Apartments

110 S Marshall St

151 Westdale Ave NW
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.

Highland Commons

1462 N Cherry St

Village Lofts Apartments

116 S Marshall St

First Street Apartments

Pine Ridge at Reynolda

Wilma Apartments
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.

Summit St Apartments

Cherry Street Apartments

Delmonte Court Apartments

The Livery Apartments

Spring Garden Apartments

Sterling Pointe Apartments

Gray Court Apartments
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.

Ludlow Jacob Apartments

1306 Glade Street

FULLY RENOVATED apartment homes in the heart of Winston-Salem!
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 | $1,339 | $699 | $1,573 |
| Graylyn 1 Bedroom Apartments | $1,411 | $695 | $2,050 |
| Graylyn 2 Bedroom Apartments | $1,767 | $695 | $3,572 |
| Graylyn 3 Bedroom Apartments | $1,924 | $1,350 | $3,528 |
Browse Apartments in this Neighborhood
There are currently 31 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
- Nearby Winston-Salem neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Corners at Crystal Lake priced from $895. Enclave at North Point Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Graylyn apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Corners at Crystal Lake | Fairlawn | 1BR,1BA | $895 |
| Enclave at North Point Apartments | One Bedroom - Essential | 1BR,1BA | $895 |
| Gray Court Apartments | 0BR/1.0BA | Studio,1BA | $895 |
| Sherwood Station Apartments | B1 | 2BR,1BA | $971 |
| Ardmore Terrace | The Dogwood | 2BR,1BA | $1,035 |
| Village Lofts Apartments | 1BR/1.0BA | 1BR,1BA | $1,080 |
| 1306 Glade Street | 1BR/1.0BA | 1BR,1BA | $1,195 |
| Link Apartments® 4th Street | A1 | 1BR,1BA | $1,239 |
| The Artreaux | A1.0 | 1BR,1BA | $1,302 |
Best Value Apartments for Rent in Graylyn, NC
As of March 16, 2026 the best value apartment in the Graylyn area is the $1.44 price per square foot 2X Model at Mill 800 in the in the Downtown Winston Salem neighborhood starting from $1,660. The second greatest value Graylyn apartment is the 1 Diplomat Reno Painted Model at Crowne Park starting at $1,600 with a $1.78 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mill 800 | 2X | 2BR,2BA | $1.44 |
| Crowne Park | 1 Diplomat Reno Painted | 1BR,1BA | $1.78 |
| Crowne Polo | 1 DX Reno Painted | 1BR,1BA | $1.79 |
| Ardmore Terrace | The Dogwood | 2BR,1BA | $1.22 |
| Edge Flats | A1.2 | 1BR,1BA | $2.00 |
| Corners at Crystal Lake | Polo Renovated | 2BR,2BA | $1.46 |
| Chatham Place Apartments | 1BR/1.0BA | 1BR,1BA | $1.78 |
| Enclave at North Point Apartments | One Bed One Bath - Signature | 1BR,1BA | $1.52 |
| 235 Corona St, Unit 302 | 235 Corona St | 1BR,1BA | $1.19 |
| Gray Court Apartments | 0BR/1.0BA | Studio ,1BA | $1.79 |
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 ArticleThe 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.
Read ArticleCash 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.
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 #32
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,302.
What is the price of a cheap apartment in Graylyn?
The cheapest apartment in Graylyn is Corners at Crystal Lake which is listed at $860, while the average apartment in Graylyn costs $1,845.
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 35 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 $416 which is $1,429 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.