
Cheap Homes for Rent in Winston-Salem, NC from $400 (81 Rentals)
Search the lowest-cost Homes available for rent right now in Winston-Salem.


1652 N Cherry St

Room in House on Fallen Tree Dr

3867 Ebert Rd

4412 Canaan Pl Dr

Room in House on Mariners Ct

4850 Ellen Ave

4070 Bonne Venture Rd

Room in House on Kinnamon Rd

1047 W Academy St, Unit 7
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.

1505 Williamson St

401 E Twenty-Fifth St

1086 W Bank St

1086 W Bank St, Unit 201

1708 Green Oaks Dr SE

2402 Markwood Ln SE

3991 Bradford Ct

2416 Machine St

1124 W Academy St

422 Gregory St SW
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.

2501 Glenn Ave NE

201 Leisure Time Ln

630 Rugby Row

201 Leisure Time Ln

4368 Ogburn Ave

4368 Ogburn Ave

225 N Jackson Ave

188 Sides Meadow Dr

1502 Oakshire Ct

1409 NE 22nd St
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.

810 Brent St SW

2350 Booker St

1432 Douglas St

327 Taylor St SW

1520 Fitch St

1008 W 13th St

1768 New Walkertown Rd

915 Carolina Ave NW

3830 Country Club Rd

1024 W 13th St
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.

201 Autumn Leaf Ln

7150 Seward Cir

437 W 24th St

230 Polo Rd

2507 Miller Park Cir

1601 E Twenty-Fifth St

1018 Cedar Pl Ct

1644 Twenty-Second St

1715 Longview Dr

2560 Ladeara Crest Ln
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.
Winston-Salem, NC Local Guide

How much does it cost to rent a home in Winston-Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Winston-Salem 2 Bedroom Homes for Rent | $1,409 | $775 | $2,300 |
| Winston-Salem 3 Bedroom Homes for Rent | $1,783 | $600 | $3,800 |
| Winston-Salem 4 Bedroom Homes for Rent | $2,150 | $1,350 | $5,000 |
| Winston-Salem 5 Bedroom Homes for Rent | $2,442 | $1,495 | $3,195 |
| Winston-Salem 6 Bedroom Homes for Rent | $625 | $625 | $625 |
Browse Top Homes for Rent in Winston-Salem
Explore Winston-Salem
Winston-Salem, NC Local Guide
- Winston-Salem Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Winston-Salem, NC
Pricing Updated: 02/17/2026Current apartment rentals in the Winston-Salem, NC area range in price from $386 to $3,600 with an overall median price of $1,722. The three Winston-Salem neighborhoods with the lowest median rent pricing are Parkview at $825, Salem Gardens at $825, and South Winston Salem at $745. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Winston-Salem Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Parkview | $999 | $825 | 20 |
| Salem Gardens | $999 | $825 | 20 |
| South Winston Salem | $1,085 | $745 | 14 |
| Easton | $1,200 | $675 | 20 |
| Flat Rock | $1,200 | $675 | 23 |
| Reynolda Forest Salem Lake | $1,200 | $695 | 18 |
| Southeast Winston Salem | $1,200 | $675 | 22 |
| Waughtown | $1,200 | $675 | 20 |
| Cedar Forest | $1,350 | $750 | 60 |
| Shattalon Heights | $1,355 | $695 | 147 |
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 $675. Here is today’s list of the most affordable Winston-Salem apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pegram Landing II | One Bedroom | 1BR,1BA | $386 |
| Northwood Apartments | 2BR/1.0BA | 2BR,1BA | $675 |
| Broadbay Crossings | One Bedroom- Classic | 1BR,1BA | $715 |
| 1410 ACADEMY ST | 1BR/1.0BA | 1BR,1BA | $725 |
| Countryside Gardens | 1 Bed / 1 Bath | 1BR,1BA | $750 |
| Gardens At Country Club | 11 | 1BR,1BA | $769 |
| 3640-3690 Yarbrough Ave | 1 BR 1 BA | 1BR,1BA | $775 |
| Salem Crest Apartment Homes | 1 Bed/1 Bath | 1BR,1BA | $785 |
Best Value Apartments for Rent in Winston-Salem, NC
As of February 18, 2026 the best value apartment in the Winston-Salem area is the $0.98 price per square foot TH-2B1BR Model at Townhomes at Little Creek in the in the West Winston Salem neighborhood starting from $1,199. The second greatest value Winston-Salem apartment is the 2BR - 1.5BTH TH R Model at Morgan Place Apartments starting at $1,125 with a $0.93 price per square foot in the Clemmons neighborhood. Here is today’s list of the best values for Winston-Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhomes at Little Creek | TH-2B1BR | 2BR,1.5BA | $0.98 |
| Morgan Place Apartments | 2BR - 1.5BTH TH R | 2BR,1.5BA | $0.93 |
| 1425 W Academy St, Unit UP | 1425 W Academy St | 2BR,1BA | $0.84 |
| Villas at Vineyard | VV-2B2BR | 2BR,2BA | $1.11 |
| The Village at Heather Hills | Heather South $1095 | 2BR,2BA | $0.88 |
| Bethabara Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.96 |
| Lake Park Apartments | 2 Bedroom, 2 Full Bath | 2BR,2BA | $1.14 |
| Highland Commons | 2 bedroom, 1 bathroom | 2BR,1BA | $1.11 |
| Fiddlers Creek Apartments | 1x1 | 1BR,1BA | $1.13 |
| Pegram Landing II | One Bedroom | 1BR,1BA | $0.54 |
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 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.
Best Local Schools in Winston-Salem, NC
Whitaker Elementary
The Downtown School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Winston-Salem, NC Rentals by Map
See the most popular apartments and homes in Winston-Salem, NC
Frequently Asked Questions about Winston-Salem
What type of rentals are currently available in Winston-Salem?
There are currently 548 Apartments for Rent in Winston-Salem, NC with pricing that ranges from $386 to $3,600. There are also 430 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winston-Salem ranging from $490 to $5,000.
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 $490 to $5,000 with an average monthly rent of $1,498.
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 $3,543, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $900.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.