Cheap Apartments for Rent in the Lakeside Neighborhood of Winston-Salem, NC from $500 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakeside area of Winston-Salem.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Hilltop House
$1,074 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,074 - $1,690
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
Pet Friendly
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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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1350 N Chestnut St
2 Bedroom Apartments

1350 N Chestnut St

1350 N Chestnut StWinston-Salem, NC 27105

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 1-15, Page 1 of 1

Lakeside, Winston-Salem, NC Local Guide

Cheapest Available Lakeside Apartments for Rent

 

The cheapest available apartment rental in the Lakeside area of Winston-Salem, NC is a 1 Bed unit found at Kensington Village priced from $850. Linville Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $862. Here are the most affordable Lakeside apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Kensington VillageThe Saville1BR,1BA$850
Linville Ridge ApartmentsThe Carolinian1BR,1BA$862
Crestwood Gardens2 Bed/ 1 Bath2BR,1BA$925
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$990
The Livery Apartments1 Bed1BR,1BA$1,020

Best Value Apartments for Rent in Lakeside, NC

As of June 06, 2026 the best value apartment in the Lakeside area is the $1.51 price per square foot O'Keefe Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,705. The second greatest value Lakeside apartment is the 3 BR / 1.5 BA R Model at Brookside Townhomes starting at $1,349 with a $1.28 price per square foot in the Northeast Winston Salem neighborhood. Here is today’s list of the best values for Lakeside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery LoftsO'Keefe1BR,1BA$1.51
Brookside Townhomes3 BR / 1.5 BA R3BR,1.5BA$1.28
Village Lofts Apartments2BR/2.0BA2BR,2BA$1.61
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
1225 New Hope Ln, Unit D1225 New Hope Ln2BR,1BA$1.03
Crestwood GardensCottage 3 Bed / 1 Bath3BR,1BA$1.41
Gateway Apartments1.11BR,1BA$1.68
Linville Ridge ApartmentsThe Carolinian1BR,1BA$1.37
The Livery Apartments1 Bed1BR,1BA$1.89
Kensington VillageThe Saville1BR,1BA$1.60

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Lakeside, Winston-Salem, NC

Ranked #34

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Lakeside Apartments

What is the price of a cheap apartment in Lakeside?

The cheapest apartment in Lakeside is Kensington Village which is listed at $850, while the average apartment in Lakeside costs $1,875.

What types of apartments are the cheapest in Lakeside?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 28 regular apartments in Lakeside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lakeside?

Cheap apartments in Lakeside have an average cost of $586 which is $1,289 cheaper than the average rent for all rentals in Lakeside.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.