Cheap Apartments for Rent in the Graylyn Neighborhood of Winston-Salem, NC from $600 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Graylyn area of Winston-Salem.

property at 3818 Country Club Rd
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

3818 Country Club Rd, Unit F

3818 Country Club Rd
Winston-SalemNC27104

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 2008 Harrison Ave
$1,075
2 Bedroom Rentals
Available Now
Affordability

2008 Harrison Ave

Winston-SalemNC27105
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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.

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Wilma Apartments
1 Bedroom Apartments

Wilma Apartments

220 N Hawthorne RdWinston-Salem, NC 27104
  • 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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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
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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

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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Aster Park Apartments
1 to 4 Bedroom Apartments

Aster Park Apartments

1620 Hope LnWinston-Salem, NC 27105
  • Utilities Included
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133 N Spring St
1 Bedroom Apartments

133 N Spring St

133 N Spring StWinston-Salem, NC 27101
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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
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664 2nd St NW
2 Bedroom Apartments

664 2nd St NW

664 2nd St NWWinston-Salem, NC 27101
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1306 Glade Street
1 to 2 Bedroom Apartments

1306 Glade Street

1306-1318 Glade 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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209 N Spring St
1 to 2 Bedroom Apartments

209 N Spring St

209 N Spring StWinston-Salem, NC 27101
property at 438 24th St NW
$1,195
2 Bedroom Rentals
Available Now
Affordability

438 24th St NW

Winston-SalemNC27105
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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 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 ListingModel NameBed/BathPriced From
4229 BROWNSBORO ROAD1BR/1.0BA1BR, 1BA$625
605001- 1310 BROOKSTOWN AVENUE1BR/1.0BA1BR, 1BA$825
316003- 1426 GLADE STREET1BR/1.0BA1BR, 1BA$865
The Livery Apartments1 Bed1BR, 1BA$875
Sherwood Station ApartmentsA11BR, 1BA$894
Corners at Crystal LakeFairlawn1BR, 1BA$905
Ardmore TerraceThe Cypress1BR, 1BA$935
Gray Court Apartments0BR/1.0BAStudio, 1BA$950
133 N Spring St1BR/1.0BA1BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy at ArdmoreThe Covington2BR, 2BA$1.74
Highland Commons2BR/1.0BA2BR, 1BA$1.31
Crowne Park1 DX Reno Painted1BR, 1BA$1.71
Mill 8001D1BR, 1BA$1.56
Chatham Place Apartments1BR/1.0BA1BR, 1BA$1.38
Ardmore TerraceThe Cypress1BR, 1BA$1.33
235 Corona St, Unit 201235 Corona St1BR, 1BA$1.15
Enclave at North Point ApartmentsOne Bed One Bath - Premier1BR, 1BA$1.62
Corners at Crystal LakeFairlawn Renovated1BR, 1BA$1.64
The Livery Apartments1 Bed1BR, 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.

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Navigating 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.

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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 #11

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 $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

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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.