Cheap Apartments for Rent in the Hanestown Neighborhood of Winston-Salem, NC from $400 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Hanestown 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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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

130 Weatherwood CtWinston-Salem, NC 27103
  • Utilities Included

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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Wilma Apartments
1 Bedroom Apartments

Wilma Apartments

220 N Hawthorne RdWinston-Salem, NC 27104
  • Utilities Included
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Woodlawn Apartments
1 to 2 Bedroom Apartments

Woodlawn Apartments

100 Weatherwood CtWinston-Salem, NC 27103
  • Utilities Included
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Garden Park Hanes Mall
1 to 2 Bedroom Apartments

Garden Park Hanes Mall

160 Dalewood DrWinston-Salem, NC 27104
  • Utilities Included
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Penburn Apartments
1 Bedroom Apartments

Penburn Apartments

501 S Hawthorne RdWinston-Salem, NC 27103

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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Brookford Place
1 to 2 Bedroom Apartments

Brookford Place

50 Brookford Pl CtWinston-Salem, NC 27104
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Villas at Vineyard
1 to 2 Bedroom Apartments

Villas at Vineyard

3401 Old Vineyard RdWinston-Salem, NC 27103
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Briarleigh Park
1 to 3 Bedroom Apartments

Briarleigh Park

401 Park Ridge LnWinston-Salem, NC 27104

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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Burke Ridge Crossing
1 to 3 Bedroom Apartments

Burke Ridge Crossing

2112 Burke Meadows RdWinston-Salem, NC 27103
  • Utilities Included
property at 2500 Miller Park Cir

$1,250

Total Monthly Price

Total Monthly Price

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

2 Bedroom, 1 Bath Home for Rent

Available Now

2500 Miller Park Cir

Winston-SalemNC27103

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 1-41, Page 1 of 1

Hanestown, Winston-Salem, NC Local Guide

Cheapest Available Hanestown Apartments for Rent

 

The cheapest available apartment rental in the Hanestown area of Winston-Salem, NC is a 1 Bed unit found at Salem Crest Apartment Homes priced from $785. Townhomes at Little Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable Hanestown apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Townhomes at Little CreekTH-1B1B1BR,1BA$855
Gardens At Country Club111BR,1BA$856
Charleston ApartmentsCharleston Apartments1BR,1BA$910
Carlyle Place ApartmentsONE BEDROOM/ ONE BATH1BR,1BA$949
Ardmore TerraceThe Azalea1BR,1BA$960
Highland Oaks1 x 1 A1BR,1BA$1,045
Bromley Park1x11BR,1BA$1,049
Legacy Park ApartmentsOne Bedroom-One Bath1BR,1BA$1,069
The Lofts at Little Creek/Lofts at HillsideHillside II - GreensboroStudio,1BA$1,075

Best Value Apartments for Rent in Hanestown, NC

As of April 28, 2026 the best value apartment in the Hanestown area is the $1.39 price per square foot 3BR 2BA - 1057sqft Model at The Arlington in the in the West Winston Salem neighborhood starting from $1,465. The second greatest value Hanestown apartment is the VV-2B2BR Model at Villas at Vineyard starting at $1,169 with a $1.11 price per square foot in the West Winston Salem neighborhood. Here is today’s list of the best values for Hanestown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Arlington3BR 2BA - 1057sqft3BR,2BA$1.39
Villas at VineyardVV-2B2BR2BR,2BA$1.11
Highland Commons2BR/1.0BA2BR,1BA$1.39
Ardmore TerraceThe Azalea1BR,1BA$1.23
Legacy Park ApartmentsOne Bedroom-One Bath1BR,1BA$1.39
Gardens At Country Club11ATHD1BR,1BA$1.35
Charleston ApartmentsCharleston Apartments1BR,1BA$1.32
Carlyle Place ApartmentsONE BEDROOM/ ONE BATH1BR,1BA$1.39
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15
Townhomes at Little CreekTH-1B1B1BR,1BA$1.32

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
Hanestown, Winston-Salem, NC

Ranked #91

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Hanestown, Winston-Salem, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States including Hanestown, Winston-Salem, and the greater Winston-Salem area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Hanestown Apartments

What is the price of a cheap apartment in Hanestown?

The cheapest apartment in Hanestown is Salem Crest Apartment Homes which is listed at $785, while the average apartment in Hanestown costs $1,570.

What types of apartments are the cheapest in Hanestown?

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 6 regular apartments in Hanestown 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 Hanestown?

Cheap apartments in Hanestown have an average cost of $196 which is $1,374 cheaper than the average rent for all rentals in Hanestown.

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 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.

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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.

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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.