Cheap Apartments for Rent in the Millbrook Neighborhood of Winston-Salem, NC from $550 (61 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 1130 Conley St

$915 - $950

2 Bedroom Rentals

Available Now

1130 Conley St

Winston-SalemNC27105

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Fairview Landing
1 to 2 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
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Wilma Apartments
1 Bedroom Apartments

Wilma Apartments

220 N Hawthorne RdWinston-Salem, NC 27104
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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Northwood Apartments
1 to 3 Bedroom Apartments

Northwood Apartments

105 NE Inverness StWinston-Salem, NC 27105
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New Hope
1 to 2 Bedroom Apartments

New Hope

315 Motor RdWinston-Salem, NC 27105
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Cherry Street Apartments
2 Bedroom Apartments

Cherry Street Apartments

2642 Cherry StWinston-Salem, NC 27105
Senior Living
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Ogburn Apartments
2 Bedroom Apartments

Ogburn Apartments

4336 Ogburn AveWinston-Salem, NC 27105
Student Housing

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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Gray Court Apartments
Studio to 2 Bedroom Apartments

Gray Court Apartments

450 N Broad StWinston-Salem, NC 27101
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Sterling Pointe
2 Bedroom Apartments

Sterling Pointe

820 W 7th StWinston-Salem, NC 27101
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555 East Apartments
2 Bedroom Apartments

555 East Apartments

555 N Martin Luther King Jr DrWinston-Salem, NC 27101
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Aster Park Apartments
1 to 4 Bedroom Apartments

Aster Park Apartments

1620 Hope LnWinston-Salem, NC 27105
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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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Showing Results 1-50, Page 1 of 2

Millbrook, Winston-Salem, NC Local Guide

Cheapest Available Millbrook Apartments for Rent

 

The cheapest available apartment rental in the Millbrook area of Winston-Salem, NC is a 1 Bed unit found at Northwood Apartments priced from $740. 1350 N. Chestnut St. has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Millbrook apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$740
1350 N. Chestnut St.1BR/1.0BA1BR,1BA$850
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Northcliffe Forest ApartmentsA1R - 1 Bed, 1 Bath1BR,1BA$908
Enclave at North Point ApartmentsOne Bedroom - Essential1BR,1BA$925
Crestwood Gardens2 Bed/ 1 Bath2BR,1BA$925
Newly Remodeled 1 Bedroom Apartment1BR/1.0BA1BR,1BA$925
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$990
Village Lofts1BR/1.0BA1BR,1BA$1,035
Skyview Townhomes2 Bedroom2BR,1BA$1,200

Best Value Apartments for Rent in Millbrook, NC

As of August 24, 2026 the best value apartment in the Millbrook area is the $1.51 price per square foot Miro Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $2,120. The second greatest value Millbrook apartment is the 5 BR / 2 BA Model at Brookside Townhomes starting at $1,499 with a $1.15 price per square foot in the Northeast Winston Salem neighborhood. Here is today’s list of the best values for Millbrook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery LoftsMiro2BR,2BA$1.51
Brookside Townhomes5 BR / 2 BA5BR,2BA$1.15
Sugar Creek ApartmentsThe Wellington2BR,2BA$1.44
Village Lofts2BR/2.0BA2BR,2BA$1.61
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
50 West Fourth ResidencesApt 1042BR,2BA$1.76
Crestwood Gardens2 Bed/ 1 Bath2BR,1BA$1.22
Enclave at North Point ApartmentsOne Bed One Bath - Premier1BR,1BA$1.62
Gray Court Apartments0BR/1.0BAStudio ,1BA$1.79
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$1.62

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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Pet Friendly Lifestyle
Millbrook, Winston-Salem, NC

Ranked #23

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Millbrook Apartments

What is the price of a cheap apartment in Millbrook?

The cheapest apartment in Millbrook is Northwood Apartments which is listed at $740, while the average apartment in Millbrook costs $1,354.

What types of apartments are the cheapest in Millbrook?

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 48 regular apartments in Millbrook 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 Millbrook?

Cheap apartments in Millbrook have an average cost of $601 which is $753 cheaper than the average rent for all rentals in Millbrook.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.