Cheap Homes for Rent in Winston-Salem, NC from $400 (59 Rentals)

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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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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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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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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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Winston-Salem, NC Local Guide

Cheapest Neighborhoods for Apartments in Winston-Salem, NC

Pricing Updated: 06/21/2025

Current apartment rentals in the Winston-Salem, NC area range in price from $499 to $4,995 with an overall median price of $2,418. The three Winston-Salem neighborhoods with the lowest median rent pricing are City View at $1,100, Castle Heights at $1,149, and Huntcliff at $1,200. 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
City View$1,100$1,1001
Castle Heights$1,149$1,1491
Huntcliff$1,200$1,2001
Mineral Springs$1,350$1,0752
Northampton$1,395$1,3951
Flat Rock$1,475$55016
Weston$1,475$1,4751
Piedmont Park$1,500$1,5001
South Fork$1,500$9255
Bowen Park$1,526$75022

Cheapest Available Winston-Salem Apartments for Rent

 

The cheapest available apartment rental in Winston-Salem, NC is a 1 Bed unit found at Pegram Landing II in the Shallowford Reserve neighborhood priced from $386. Northwood Apartments in the Northeast Winston Salem neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Winston-Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pegram Landing IIOne Bedroom1BR,1BA$386
Northwood Apartments1 Bedroom, 1 Bath2BR,1BA$600
Bridgewood11B1BR,1BA$705
BC - Broadbay CrossingsOne Bedroom- Classic1BR,1BA$750
The Flats at Salem111BR,1BA$765
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 3-H1BR,1BA$775
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795
The View at 50101 Bedroom 1 Bath - A1BR,1BA$800

Best Value Apartments for Rent in Winston-Salem, NC

As of June 21, 2025 the best value apartment in the Winston-Salem area is the $1.01 price per square foot 32 Model at Gardens At Country Club in the in the West Winston Salem neighborhood starting from $1,306. The second greatest value Winston-Salem apartment is the TH-2B1BA Model at Townhomes at Little Creek starting at $1,290 with a $1.05 price per square foot in the South 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.
Gardens At Country Club323BR,2BA$1.01
Townhomes at Little CreekTH-2B1BA2BR,2BA$1.05
Morgan Place Apartments2BR - 1.5BTH TH R2BR,1.5BA$0.93
904 Pittsburg Ave, Unit 902904 Pittsburg Ave3BR,2BA$0.91
Clemmons Village ApartmentsRenovated Apartments in Clemmons, NC.2BR,1BA$1.10
The Residences at Diamond Ridge932B1BS2BR,1BA$1.02
1225 New Hope Ln, Unit B1225 New Hope Ln2BR,1BA$1.03
Pegram Landing IIOne Bedroom1BR,1BA$0.54
1428 Garfield Ave, Unit 14261428 Garfield Ave1BR,1BA$0.99
Northwood Apartments2BR/1.0BA2BR,1BA$1.00

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Frequently Asked Questions about Winston-Salem

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

There are currently 495 Apartments for Rent in Winston-Salem, NC with pricing that ranges from $386 to $4,555. There are also 413 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winston-Salem ranging from $499 to $4,995.

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 $499 to $4,995 with an average monthly rent of $2,400.

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 $527 to $4,555, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,295. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,399.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.