Cheap Homes for Rent in Winston-Salem, NC from $400 (44 Rentals)

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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 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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Showing Results 1-44, Page 1 of 1

Winston-Salem, NC Local Guide

Cheapest Neighborhoods for Apartments in Winston-Salem, NC

Pricing Updated: 01/03/2026

Current apartment rentals in the Winston-Salem, NC area range in price from $386 to $4,320 with an overall median price of $1,764. The three Winston-Salem neighborhoods with the lowest median rent pricing are Easton at $700, Flat Rock at $700, and Reynolda Forest Salem Lake 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
Easton$950$70013
Flat Rock$950$70015
Reynolda Forest Salem Lake$950$69517
Southeast Winston Salem$950$70016
Waughtown$950$70014
Parkview$960$79514
Salem Gardens$979$82513
South Winston Salem$1,085$74510
Shattalon Heights$1,290$750155
North Point Mallard Lakes$1,322$750106

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 2 Beds apartment currently listed from $513. 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 Creek2 bedroom 30%2BR,1BA$513
Northwood Apartments2BR/1.0BA2BR,1BA$675
Hunt Park Senior Apartments1 Bedroom1BR,1BA$693
Broadbay CrossingsOne Bedroom- Classic1BR,1BA$715
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 4-J1BR,1BA$750
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Corners at Crystal LakeFairlawn1BR,1BA$795
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795
3640-3690 Yarbrough Ave1 BR 1 BA1BR,1BA$800

Best Value Apartments for Rent in Winston-Salem, NC

As of January 03, 2026 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 Bethabara Model at The Pines at Bethabara starting at $1,150 with a $0.98 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.
Morgan Place Apartments2BR - 1.5BTH TH R2BR,1.5BA$0.93
The Pines at BethabaraBethabara2BR,2BA$0.98
1425 W Academy St, Unit UP1425 W Academy St2BR,1BA$0.90
Villas at VineyardVV-2B2BR2BR,2BA$1.11
Bethabara Village2 Bed 1.5 Bath2BR,1.5BA$0.91
600 Peters Creek2 bedroom 60%2BR,1BA$1.11
Highland Commons2 bedroom, 1 bathroom2BR,1BA$1.11
3950 Bradford Ct, Unit D3950 Bradford Ct1BR,1BA$1.13
100 Powers Rd, Unit 2100 Powers Rd2BR,1BA$1.06
Pegram Landing IIOne Bedroom1BR,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.

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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 549 Apartments for Rent in Winston-Salem, NC with pricing that ranges from $386 to $4,320. There are also 448 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winston-Salem ranging from $499 to $6,250.

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 $6,250 with an average monthly rent of $2,072.

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 $3,613, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $3,000. 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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!