Cheap Homes for Rent in Winston-Salem, NC from $500 (70 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1086 W Bank St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 0.5 Bath Home for Rent

Available Now

1086 W Bank St

Winston-SalemNC27101

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.

Read Article

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.

Read Article
property at 832 W 7th St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Now

832 W 7th St

Winston-SalemNC27101

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.

Read Article
property at 3818 Country Club Rd

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025
Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

3818 Country Club Rd, Unit F

3818 Country Club Rd
Winston-SalemNC27104
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 - $1,395

1 To 2 Bedroom Rentals

Available Now

7596 Broad St

Rural HallNC27045

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

Winston-Salem, NC Local Guide

Cheapest Neighborhoods for Apartments in Winston-Salem, NC

Pricing Updated: 07/03/2026

Current apartment rentals in the Winston-Salem, NC area range in price from $408 to $3,934 with an overall median price of $1,710. The three Winston-Salem neighborhoods with the lowest median rent pricing are Waughtown at $650, Southeast Winston Salem at $650, and Easton at $695. 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
Waughtown$845$6508
Southeast Winston Salem$850$65010
Easton$1,075$6958
Silas Creek Parkway South$1,300$43056
East Winston Salem$1,322$65050
British Woods$1,325$43058
Parkview$1,325$82518
Salem Gardens$1,325$82518
South Park$1,325$43042
Konnoak$1,350$65047

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
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 3-G1BR,1BA$750
Green Oaks2 Beds, 1 Baths2BR,1BA$770
Broadbay CrossingsOne Bedroom- Classic1BR,1BA$775
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795
The Residences at Diamond Ridge932B1BS2BR,1BA$820
The View at 50101 Bedroom 1 Bath - A1BR,1BA$820

Best Value Apartments for Rent in Winston-Salem, NC

As of July 03, 2026 the best value apartment in the Winston-Salem area is the $0.90 price per square foot 222 W End Blvd Model at 222 W End Blvd, Unit 222 in the in the East Winston neighborhood starting from $1,260. The second greatest value Winston-Salem apartment is the TH-2B15BR Model at Townhomes at Little Creek starting at $1,199 with a $0.98 price per square foot in the West 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.
222 W End Blvd, Unit 222222 W End Blvd2BR,2BA$0.90
Townhomes at Little CreekTH-2B15BR2BR,1.5BA$0.98
1425 W Academy St, Unit Down1425 W Academy St3BR,1.5BA$1.08
Lofts at Glenhaven2 bed classic2BR,2BA$1.02
Villas at VineyardVV-2B2BP2BR,2BA$1.11
Morgan Place Apartments1BR - 1BTH R1BR,1BA$1.00
Loxley Chase ApartmentsArrow2BR,1BA$1.11
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
Green Oaks2 Beds, 1 Baths2BR,1BA$0.94
Hunt Park Senior Apartments2 Bedroom2BR,1BA$1.04

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Winston-Salem, NC
Population: 246,328

Ranked #89

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

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

Decorative image of map

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

View Map
Winston-Salem, NC Apartments Map
View Map
Winston-Salem, NC Rental Homes Map

Frequently Asked Questions about Winston-Salem

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

There are currently 527 Apartments for Rent in Winston-Salem, NC with pricing that ranges from $408 to $3,934. There are also 415 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winston-Salem ranging from $585 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 $585 to $6,500 with an average monthly rent of $2,785.

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 $3,629, 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 $1,295 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

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.