Cheap Apartments for Rent in the N Downtown Winston Salem Neighborhood of Winston-Salem, NC from $300 (54 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.

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.

property at 3818 Country Club Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

3818 Country Club Rd, Unit F

3818 Country Club Rd
Winston-SalemNC27104

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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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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3630 Yarbrough Ave
2 Bedroom Apartments

3630 Yarbrough Ave

3630 Yarbrough AveWinston-Salem, NC 27106
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4540-4558 June Ave
1 Bedroom Apartments

4540-4558 June Ave

4540-4558 June AveWinston-Salem, NC 27106
Corporate Housing
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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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Salem Ridge
1 to 2 Bedroom Apartments

Salem Ridge

231 Brierhurst DrWinston-Salem, NC 27104

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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Quail Lakes Apartments
1 to 2 Bedroom Apartments

Quail Lakes Apartments

5335 Country Club RdWinston-Salem, NC 27104
  • Utilities Included
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Brookford Place
1 to 2 Bedroom Apartments

Brookford Place

50 Brookford Pl CtWinston-Salem, NC 27104
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Villas at Vineyard
1 to 2 Bedroom Apartments

Villas at Vineyard

3401 Old Vineyard RdWinston-Salem, NC 27103

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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Briarleigh Park
1 to 3 Bedroom Apartments

Briarleigh Park

401 Park Ridge LnWinston-Salem, NC 27104

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.

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. Trails At Bethabara has the second lowest priced unit, which is a 1 Bed apartment currently listed from $924. 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
Trails At BethabaraKensington1BR,1BA$924
Corners at Crystal LakeFairlawn1BR,1BA$940
Hunt Club Apartments, LLC1 BD 1 Bth1BR,1BA$949
Sherwood Station ApartmentsA21BR,1BA$968
New Salem VillageThe Royale-Renovated1BR,1BA$985
Loxley Chase ApartmentsArrow2BR,1BA$1,000
SedgefieldStratford1BR,1BA$1,000
The Pines at BethabaraOld Town1BR,1BA$1,025

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

As of June 17, 2026 the best value apartment in the N Downtown Winston Salem area is the $1.37 price per square foot Regency Premier Renovated Model at Cambridge Park Apartments in the in the West Winston Salem neighborhood starting from $1,914. The second greatest value N Downtown Winston Salem apartment is the TH-2B15BR Model at Townhomes at Little Creek starting at $1,199 with a $0.98 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.
Cambridge Park ApartmentsRegency Premier Renovated3BR,2BA$1.37
Townhomes at Little CreekTH-2B15BR2BR,1.5BA$0.98
Villas at VineyardVV-2B2BP2BR,2BA$1.11
Loxley Chase ApartmentsArrow2BR,1BA$1.11
The Arlington2BR 1BA - 882sqft2BR,1BA$1.24
3822 Country Club Rd, Unit Condo-i3822 Country Club Rd1BR,1BA$1.19
Trails At BethabaraKensington1BR,1BA$1.24
The Pines at BethabaraOld Town1BR,1BA$1.40
Pegram Landing IIOne Bedroom1BR,1BA$0.54
Hunt Club Apartments, LLC1 BD 1 Bth1BR,1BA$1.39

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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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 #102

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

Pet Friendliness Lifestyle Score

2.5
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!

Frequently Asked Questions about Cheap N Downtown Winston Salem Apartments

What is the price of a cheap apartment in N Downtown Winston Salem?

The cheapest apartment in N Downtown Winston Salem is Pegram Landing II which is listed at $386, while the average apartment in N Downtown Winston Salem costs $1,906.

What types of apartments are the cheapest in N Downtown Winston Salem?

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 12 regular apartments in N Downtown Winston Salem 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 N Downtown Winston Salem?

Cheap apartments in N Downtown Winston Salem have an average cost of $281 which is $1,625 cheaper than the average rent for all rentals in N Downtown Winston Salem.

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

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.