Cheap Homes for Rent in Winston-Salem, NC from $400 (42 Rentals)

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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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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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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 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.

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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.

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Showing Results 1-42, Page 1 of 1

Winston-Salem, NC Local Guide

Cheapest Neighborhoods for Apartments in Winston-Salem, NC

Pricing Updated: 09/18/2025

Current apartment rentals in the Winston-Salem, NC area range in price from $386 to $4,367 with an overall median price of $2,148. The three Winston-Salem neighborhoods with the lowest median rent pricing are Easton at $685, Southeast Winston Salem at $685, and Waughtown at $685. 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
Easton$895$68512
Southeast Winston Salem$895$68512
Waughtown$895$68510
Flat Rock$897$68512
Reynolda Forest Salem Lake$925$68517
Parkview$995$82510
Salem Gardens$995$82510
East Winston Salem$1,275$68554
Cedar Forest$1,375$80023
Belview$1,385$43036

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. 600 Peters Creek in the South Central Winston Salem neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $430. 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
600 Peters Creek50%1BR,1BA$430
Northwood Apartments2BR/1.0BA2BR,1BA$675
1410 ACADEMY ST1BR/1.0BA1BR,1BA$725
BC - Broadbay CrossingsOne Bedroom- Upgrade1BR,1BA$750
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 4-F1BR,1BA$750
Gardens At Country Club11ATH1BR,1BA$768
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795

Best Value Apartments for Rent in Winston-Salem, NC

As of September 18, 2025 the best value apartment in the Winston-Salem area is the $0.93 price per square foot 2BR - 1.5BTH TH R Model at Morgan Place Apartments in the in the Clemmons neighborhood starting from $1,125. The second greatest value Winston-Salem apartment is the 2 Bedroom Model at Twin City Townhomes starting at $995 with a $0.92 price per square foot in the Oliver's Crossing 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.
Morgan Place Apartments2BR - 1.5BTH TH R2BR,1.5BA$0.93
Twin City Townhomes2 Bedroom2BR,1.5BA$0.92
1502 Oakshire Ct, Unit A1502 Oakshire Ct2BR,1BA$1.08
100 Powers Rd, Unit 2100 Powers Rd2BR,1BA$1.06
1225 New Hope Ln, Unit B1225 New Hope Ln2BR,1BA$1.00
Delmonte Court Apartments2 Bed / 1 Bath2BR,1BA$1.03
Hunt Park Senior Apartments2 Bedroom2BR,1BA$1.04
Pegram Landing IIOne Bedroom1BR,1BA$0.54
Northwood Apartments2BR/1.0BA2BR,1BA$1.00
1095 Hutton St, Unit C1095 Hutton St1BR,1BA$1.04

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Pet Friendly Lifestyle
Winston-Salem, NC

Ranked #8

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 507 Apartments for Rent in Winston-Salem, NC with pricing that ranges from $386 to $4,367. There are also 467 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 $1,869.

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 $3,710, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,350 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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.