Cheap Homes for Rent in Winston-Salem, NC from $400 (54 Rentals)

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

property at 1047 W Academy St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695
Total Monthly Price
$695

1 Bedroom, 1 Bath Condo for Rent

Available Now

1047 W Academy St, Unit 7

1047 W Academy St
Winston-SalemNC27101
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

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 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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property at 1715 Longview Dr

$975

Total Monthly Price

Total Monthly Price

Base Rent
$847
Required Monthly Fees
$128
Total Monthly Price
$975

2 Bedroom, 1 Bath Rentals

Available Now

1715 Longview Dr

Winston-SalemNC27107

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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Showing Results 1-50, Page 1 of 2

Winston-Salem, NC Local Guide

Cheapest Neighborhoods for Apartments in Winston-Salem, NC

Pricing Updated: 04/04/2026

Current apartment rentals in the Winston-Salem, NC area range in price from $386 to $3,543 with an overall median price of $1,743. The three Winston-Salem neighborhoods with the lowest median rent pricing are Parkview at $795, 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Parkview$1,030$79521
Salem Gardens$1,030$82520
South Winston Salem$1,209$74512
Cedar Forest$1,350$85038
Belview$1,385$43031
British Woods$1,385$43038
Cross Winds$1,385$74524
Heather Hills$1,385$74530
Konnoak$1,385$69531
Silas Creek Parkway South$1,385$43044

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. Hunt Park Senior Apartments in the Northeast Winston Salem neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $694. 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
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 - 4-G1BR,1BA$750
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Bethabara Gardens1BR/1.0BA1BR,1BA$795
The Lofts at the PlazaThe Stratford1BR,1BA$800
The View at 50101 Bedroom 1 Bath - A1BR,1BA$820

Best Value Apartments for Rent in Winston-Salem, NC

As of April 04, 2026 the best value apartment in the Winston-Salem area is the $1.11 price per square foot VV-2B2B Model at Villas at Vineyard in the in the West Winston Salem neighborhood starting from $1,169. The second greatest value Winston-Salem apartment is the Barkley Model at Loxley Chase Apartments starting at $1,190 with a $1.14 price per square foot in the Northwest 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.
Villas at VineyardVV-2B2B2BR,2BA$1.11
Loxley Chase ApartmentsBarkley2BR,2BA$1.14
The Village at Heather HillsHeather South $10952BR,2BA$0.88
Bethabara Village2 Bed 1.5 Bath2BR,1.5BA$0.96
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
3950 Bradford Ct, Unit C3950 Bradford Ct1BR,1BA$1.16
Fiddlers Creek Apartments1x11BR,1BA$1.13
Pegram Landing IIOne Bedroom1BR,1BA$0.54
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15
235 Corona St, Unit 302235 Corona St1BR,1BA$1.12

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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.

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Best Local Schools in
Winston-Salem, NC

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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 521 Apartments for Rent in Winston-Salem, NC with pricing that ranges from $386 to $3,543. There are also 407 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winston-Salem ranging from $400 to $6,175.

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 $400 to $6,175 with an average monthly rent of $2,457.

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 $950 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,350 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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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.

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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.

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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.

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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.