Cheap Homes for Rent in Winston-Salem, NC from $500 (102 Rentals)

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Search the lowest-cost Homes available for rent right now in Winston-Salem.

property at 130 N Sunset Dr

$700 - $800

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $800
Total Monthly Price
$700 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

130 N Sunset Dr

Winston-SalemNC27101

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.

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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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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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property at 3818 Country Club Rd

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1 Bath Condo for Rent

Available Now

3818 Country Club Rd, Unit F

3818 Country Club Rd
Winston-SalemNC27104

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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property at 4421 Kernersville Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

4421 Kernersville Rd

KernersvilleNC27284
property at 1615 Argonne Blvd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 2 Bath Home for Rent

Available Now

1615 Argonne Blvd

Winston-SalemNC27107
property at 7596 Broad St

$1,050

1 Bedroom Rentals

Available Now

7596 Broad St

Rural HallNC27045

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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Showing Results 1-50, Page 1 of 3

Winston-Salem, NC Local Guide

Cheapest Neighborhoods for Apartments in Winston-Salem, NC

Pricing Updated: 08/17/2026

Current apartment rentals in the Winston-Salem, NC area range in price from $525 to $6,500 with an overall median price of $1,544. The three Winston-Salem neighborhoods with the lowest median rent pricing are South Fork at $1,050, City View at $1,095, and Ogburn Station at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Winston-Salem Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Fork$1,050$87511
City View$1,095$9505
Ogburn Station$1,100$1,0492
North Hills$1,160$9952
Old Carver$1,249$6002
Arbor Acres$1,250$70049
Graylyn$1,250$59047
Montview$1,250$87540
Northeast Winston Salem$1,272$87540
Glenn Avenue$1,295$60050

Cheapest Available Winston-Salem Apartments for Rent

 

The cheapest available apartment rental in Winston-Salem, NC is a 1 Bed unit found at Hunt Park Senior Apartments in the Northeast Winston Salem neighborhood priced from $694. Northwood Apartments in the Northeast Winston Salem neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here is today’s list of the most affordable Winston-Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunt Park Senior Apartments1 Bedroom1BR,1BA$694
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$740
Countryside Gardens1 Bed / 1 Bath1BR,1BA$750
Green Oaks2 Beds, 1 Baths2BR,1BA$750
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 3-I1BR,1BA$750
Broadbay CrossingsOne Bedroom- Classic1BR,1BA$775
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785

Best Value Apartments for Rent in Winston-Salem, NC

As of August 17, 2026 the best value apartment in the Winston-Salem area is the $1.11 price per square foot Dogwood Model at Spire at Smith Crossing in the in the Kernersville neighborhood starting from $2,975. The second greatest value Winston-Salem apartment is the Summer Model at Wallburg Landing starting at $1,354 with a $1.10 price per square foot in the Southeast Winston Salem neighborhood. Here is today’s list of the best values for Winston-Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Spire at Smith CrossingDogwood5BR,3BA$1.11
Wallburg LandingSummer2BR,2BA$1.10
Morgan Place Apartments1BR - 1BTH Renovated1BR,1BA$0.98
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.10
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
Green Oaks2 Beds, 1 Baths2BR,1BA$0.92
705 Alexander St, Unit 1705 Alexander St2BR,1BA$0.98
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15
1095 Hutton St, Unit C1095 Hutton St1BR,1BA$1.04
Hunt Park Senior Apartments1 Bedroom1BR,1BA$1.16

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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Winston-Salem, NC
Population: 246,328

Ranked #89

in US Census Population by City

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Best Local Schools in
Winston-Salem, NC

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Winston-Salem, NC Rentals by Map

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See the most popular apartments and homes in Winston-Salem, NC

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Frequently Asked Questions about Winston-Salem

What type of rentals are currently available in Winston-Salem?

There are currently 537 Apartments for Rent in Winston-Salem, NC with pricing that ranges from $408 to $3,941. There are also 457 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winston-Salem ranging from $525 to $6,500.

What is the current price range for Rental Homes in Winston-Salem?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Winston-Salem ranges from $525 to $6,500 with an average monthly rent of $1,759.

How much are larger Three and Four Bedroom Rentals in Winston-Salem?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Winston-Salem range from $554 to $3,786, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $4,500. Four Bedroom Single-Family rentals are also available starting from $600 and Four Bedroom Apartments start at $1,399.

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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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.