
Cheap Apartments for Rent in the N Downtown Winston Salem Neighborhood of Winston-Salem, NC from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the N Downtown Winston Salem area of Winston-Salem.


3640-3690 Yarbrough Ave

4540-4558 June Ave

Corners at Crystal Lake

Loxley Chase Apartments
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Mountain Lodge

St. Armand's At Old Town

Pine Ridge at Reynolda

3630 Yarbrough Ave

Morgan Park Apartments
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Salem Ridge

3816 Country Club Rd

Townhomes at Little Creek

Pegram Landing II

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

How much does it cost to rent an apartment in N Downtown Winston Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| N Downtown Winston Salem 1 Bedroom Apartments | $1,237 | $386 | $1,833 |
| N Downtown Winston Salem 2 Bedroom Apartments | $1,467 | $459 | $2,185 |
| N Downtown Winston Salem 3 Bedroom Apartments | $1,973 | $527 | $2,662 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the N Downtown Winston Salem Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
N Downtown Winston Salem, Winston-Salem, NC Local Guide
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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 $775. Here are the most affordable N Downtown Winston Salem apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pegram Landing II | One Bedroom | 1BR,1BA | $386 |
| 3640-3690 Yarbrough Ave | 1 BR 1 BA | 1BR,1BA | $775 |
| 4540-4558 June Ave | 1BR 1BA | 1BR,1BA | $800 |
| Townhomes at Little Creek | TH-1B1BR | 1BR,1BA | $855 |
| Corners at Crystal Lake | Fairlawn | 1BR,1BA | $860 |
Best Value Apartments for Rent in N Downtown Winston Salem, NC
As of March 16, 2026 the best value apartment in the N Downtown Winston Salem area is the $1.29 price per square foot Phoenix Premier Renovated Model at Cambridge Park Apartments in the in the West Winston Salem neighborhood starting from $1,644. The second greatest value N Downtown Winston Salem apartment is the VV-2B2BR Model at Villas at Vineyard starting at $1,169 with a $1.11 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cambridge Park Apartments | Phoenix Premier Renovated | 2BR,2BA | $1.29 |
| Villas at Vineyard | VV-2B2BR | 2BR,2BA | $1.11 |
| The Arlington | 2BR 1BA - 882sqft | 2BR,1BA | $1.24 |
| Trails At Bethabara | Kensington | 1BR,1BA | $1.23 |
| Arbors Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.34 |
| Loxley Chase Apartments | Friar Tuck | 1BR,1.5BA | $1.36 |
| Pegram Landing II | One Bedroom | 1BR,1BA | $0.54 |
| New Salem Village | The Hyatt-Renovated | 1BR,1BA | $1.40 |
| Townhomes at Little Creek | TH-1B1B | 1BR,1BA | $1.32 |
| 4540-4558 June Ave | 1BR 1BA | 1BR,1BA | $1.33 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick 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.
Pet Friendly LifestyleN Downtown Winston Salem, Winston-Salem, NC
Ranked #83
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in N Downtown Winston Salem, Winston-Salem, NC
Jefferson Elementary
Mount Tabor High School
Meadowlark Middle
School data provided by Great Schools
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
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
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.