
Cheap Apartments for Rent in the Happy Hill Neighborhood of Winston-Salem, NC from $400 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Happy Hill area of Winston-Salem.


1982 Maryland Ave

1231 Gholson Ave S East

1086 W Bank St

200 High St

1137 N Cameron Ave

3141 Russell Way Ln

1404 W 4th St

300 N Spring St
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.

The Residences at Diamond Ridge

400 Duke St SW

832 W 7th St

2001 S Main St

1514 Gholson Ave S East

666 N Spring St

115 S Spruce St

1710 Lomond St

2425-2445 Old Greensboro Rd
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.

151 Westdale Ave NW

803 W End Blvd

632 Mulberry St SW

630 Mulberry St SW

639 S Poplar St

Holland Apartments

Salem Crossing

Gregory Street Apartments

First Street Apartments
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.

Wilma Apartments

Colony Place Apartments

1047 W Academy St, Unit 7, Unit 7

1505 Williamson St

1410 Academy Street Apartments

Terra Churton

Studios at West End

422 Gregory St SW

Terra Academy
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.

Spring Garden Apartments

327 Taylor St SW

Skyline Village Apartments

2739 Konnoak Dr

Penburn Apartments

Salem View Apartments

Sterling Pointe

Gray Court Apartments

555 East 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.

510 Alexander St

1306 Glade Street

1025 W Academy St
Happy Hill, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Happy Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Happy Hill Studio Apartments | $1,462 | $1,175 | $1,718 |
| Happy Hill 1 Bedroom Apartments | $1,467 | $430 | $2,055 |
| Happy Hill 2 Bedroom Apartments | $1,846 | $513 | $3,514 |
| Happy Hill 3 Bedroom Apartments | $2,184 | $1,190 | $3,597 |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Happy Hill Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
Happy Hill, Winston-Salem, NC Local Guide
- Nearby Winston-Salem neighborhoods
- Nearby Cities
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Cheapest Available Happy Hill Apartments for Rent
 The cheapest available apartment rental in the Happy Hill area of Winston-Salem, NC is a 2 Beds unit found at The Residences at Diamond Ridge priced from $830. Gray Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Happy Hill apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at Diamond Ridge | 932B1BM | 2BR,1BA | $830 |
| Gray Court Apartments | 0BR/1.0BA | Studio,1BA | $895 |
| 2425-2445 Old Greensboro Rd | 2 Bedroom | 2BR,1BA | $990 |
| 1306 Glade Street | 1BR/1.0BA | 1BR,1BA | $995 |
| The Livery Apartments | 1 Bed | 1BR,1BA | $1,020 |
| Hilltop House | A3 | 1BR,1BA | $1,069 |
| Village Lofts Apartments | 1BR/1.0BA | 1BR,1BA | $1,080 |
| 600 Peters Creek | 2 bedroom 60% | 2BR,1BA | $1,090 |
| Skyview Townhomes | 2 Bedroom | 2BR,1BA | $1,200 |
| Link Apartments® Brookstown | S1 | 1BR,1BA | $1,253 |
Best Value Apartments for Rent in Happy Hill, NC
As of April 19, 2026 the best value apartment in the Happy Hill 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 Happy Hill apartment is the 664 W 2nd St Model at 664 W 2nd St starting at $1,295 with a $1.30 price per square foot in the South Central Winston Salem neighborhood. Here is today’s list of the best values for Happy Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edge Flats | B1.26 | 2BR,2BA | $1.44 |
| 664 W 2nd St | 664 W 2nd St | 2BR,1BA | $1.30 |
| Gallery Lofts | Kahlo | 1BR,1BA | $1.53 |
| 600 Peters Creek | 2 bedroom 60% | 2BR,1BA | $1.11 |
| Mill 800 | 1M | 1BR,1BA | $1.47 |
| 2425-2445 Old Greensboro Rd | 2 Bedroom | 2BR,1BA | $1.10 |
| 1612 W 1st St | 1612 W 1st St | 2BR,1BA | $1.64 |
| 715 Watson Ave., Unit C | 715 Watson Ave. | 2BR,1BA | $1.65 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1.68 |
| The Residences at Diamond Ridge | 931B1BSR | 1BR,1BA | $1.31 |
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.
Read ArticleDon'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 LifestyleHappy Hill, Winston-Salem, NC
Ranked #19
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Happy Hill Apartments
What is a cheap apartment in Happy Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Happy Hill is under $1,253.
What is the price of a cheap apartment in Happy Hill?
The cheapest apartment in Happy Hill is The Residences at Diamond Ridge which is listed at $840, while the average apartment in Happy Hill costs $2,065.
What types of apartments are the cheapest in Happy Hill?
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 30 regular apartments in Happy Hill 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 Happy Hill?
Cheap apartments in Happy Hill have an average cost of $353 which is $1,712 cheaper than the average rent for all rentals in Happy Hill.
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

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.

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.