Cheap Apartments for Rent in the N Downtown Winston Salem Neighborhood of Winston-Salem, NC from $300 (19 Rentals)

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

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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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Mountain Lodge
1 Bedroom Apartments

Mountain Lodge

3895 Bethania Station RdWinston-Salem, NC 27106
  • Utilities Included
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St. Armand's At Old Town
1 to 2 Bedroom Apartments

St. Armand's At Old Town

3640-3690 Yarbrough AveWinston-Salem, NC 27106
  • Utilities Included
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Pine Ridge at Reynolda
Studio to 2 Bedroom Apartments

Pine Ridge at Reynolda

2745 Basswood CtWinston-Salem, NC 27106
  • Utilities Included

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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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3630 Yarbrough Ave
2 Bedroom Apartments

3630 Yarbrough Ave

3630 Yarbrough AveWinston-Salem, NC 27106
  • Utilities Included
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Salem Ridge
1 to 2 Bedroom Apartments

Salem Ridge

231 Brierhurst DrWinston-Salem, NC 27104

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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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Pegram Landing
1 to 3 Bedroom Apartments

Pegram Landing

6436 Ferry View LnLewisville, NC 27023
  • Utilities Included

N Downtown Winston Salem, Winston-Salem, NC Local Guide

Cheapest Available N Downtown Winston Salem Apartments for Rent

 

The cheapest available apartment rental in the N Downtown Winston Salem area of Winston-Salem, NC is a 1 Bed unit found at Pegram Landing II priced from $386. 3640-3690 Yarbrough Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable N Downtown Winston Salem apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Pegram Landing IIOne Bedroom1BR,1BA$386
3640-3690 Yarbrough Ave1 BR 1 BA1BR,1BA$800
4540-4558 June Ave1BR 1BA1BR,1BA$800
Trails At BethabaraKensington1BR,1BA$850
Townhomes at Little CreekTH-1B1BR1BR,1BA$855

Best Value Apartments for Rent in N Downtown Winston Salem, NC

As of October 26, 2025 the best value apartment in the N Downtown Winston Salem area is the $1.28 price per square foot 3 RG Reno Painted Model at Crowne Park in the in the Northwest Winston Salem neighborhood starting from $1,690. The second greatest value N Downtown Winston Salem apartment is the 3BR 2BA - 1057sqft Model at The Arlington starting at $1,365 with a $1.29 price per square foot in the West Winston Salem neighborhood. Here is today’s list of the best values for N Downtown Winston Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crowne Park3 RG Reno Painted3BR,2BA$1.28
The Arlington3BR 2BA - 1057sqft3BR,2BA$1.29
Villas at VineyardVV-1B1BR1BR,1BA$1.31
100 Powers Rd, Unit 2100 Powers Rd2BR,1BA$1.06
Trails At BethabaraKensington1BR,1BA$1.14
Arbors Apartments1 Bed, 1 bath1BR,1BA$1.31
Pegram Landing IIOne Bedroom1BR,1BA$0.54
New Salem VillageThe Hyatt-Renovated1BR,1BA$1.33
Hunt Club Apartments, LLC1 BD 1 Bth1BR,1BA$1.29
Townhomes at Little CreekTH-1B1B1BR,1BA$1.32

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Pet Friendly Lifestyle
N Downtown Winston Salem, Winston-Salem, NC

Ranked #131

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Winston-Salem. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, multifamily communities for the kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the N Downtown Winston Salem Neighborhood in Winston-Salem, NC

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap N Downtown Winston Salem Apartments

How much is rent for a Cheap One Bedroom N Downtown Winston Salem Apartment?

The lowest price for a Cheap One Bedroom N Downtown Winston Salem Apartment is $386 at Pegram Landing II.

What is the lowest price for a Cheap Two Bedroom N Downtown Winston Salem Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in N Downtown Winston Salem is starting from $459 at Pegram Landing II.

What is the most affordable N Downtown Winston Salem Three Bedroom Apartment?

The best deal on a cheap N Downtown Winston Salem Three Bedroom Apartment rental is at Pegram Landing II and starts from $527.

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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.