Cheap Homes for Rent in Winston-Salem, NC from $400 (33 Rentals)

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

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.

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.

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

Cheapest Neighborhoods for Apartments in Winston-Salem, NC

Pricing Updated: 06/02/2025

Current apartment rentals in the Winston-Salem, NC area range in price from $386 to $4,808 with an overall median price of $2,325. The three Winston-Salem neighborhoods with the lowest median rent pricing are Silas Creek Parkway South at $820, Ogburn Station at $970, and Mount Tabor at $848. 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
Silas Creek Parkway South$1,392$82036
Ogburn Station$1,474$9708
Mount Tabor$1,482$84869
South Winston Salem$1,570$82049
Northwest Winston Salem$1,650$84872
Forest Hills$1,690$695134
Ardmore$1,696$69593
Parkview$1,699$79515
Old Town Heights$1,715$80030
Westbrook$1,719$80576

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 $600. 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
Northwood Apartments1 Bedroom, 1 Bath2BR,1BA$600
Bridgewood11B1BR,1BA$705
BC - Broadbay CrossingsOne Bedroom- Classic1BR,1BA$750
Bethabara Village1 Bed 1 Bath1BR,1BA$750
The Flats at Salem111BR,1BA$765
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 3-H1BR,1BA$775
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795
The View at 50101 Bedroom 1 Bath - A1BR,1BA$800
3640-3690 Yarbrough Ave1 BR 1 BA1BR,1BA$800

Best Value Apartments for Rent in Winston-Salem, NC

As of June 02, 2025 the best value apartment in the Winston-Salem area is the $0.61 price per square foot The Mallard's Nest Model at The Haven at Wake Luxury Homes in the in the Northeast Winston Salem neighborhood starting from $975. The second greatest value Winston-Salem apartment is the The Oakwood Model at Western Villa Townhomes starting at $1,400 with a $1.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Haven at Wake Luxury HomesThe Mallard's Nest4BR,4.5BA$0.61
Western Villa TownhomesThe Oakwood2BR,1.5BA$1.05
Townhomes at Little CreekTH-2B1BA2BR,2BA$1.05
Morgan Place Apartments2BR - 1.5BTH TH R2BR,1.5BA$0.93
Brookside Townhomes4 BR / 2 BA R4BR,2BA$1.17
Clemmons Village Apartments2B Flat Semi-Classic2BR,1BA$1.10
1225 New Hope Ln, Unit B1225 New Hope Ln2BR,1BA$1.06
Fiddlers Creek Apartments1x11BR,1BA$1.19
Pegram Landing IIOne Bedroom1BR,1BA$0.54
Northwood Apartments2BR/1.0BA2BR,1BA$1.00

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Frequently Asked Questions about Winston-Salem

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

There are currently 491 Apartments for Rent in Winston-Salem, NC with pricing that ranges from $386 to $4,808. There are also 367 Single Family Homes for rent, Condos, and Townhome rentals currently available in Winston-Salem ranging from $499 to $3,995.

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 $3,995 with an average monthly rent of $1,895.

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 $4,808, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,145 to $3,695. Four Bedroom Single-Family rentals are also available starting from $1,000 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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.