
Cheap Apartments for Rent in the N Downtown Winston Salem Neighborhood of Winston-Salem, NC from $408 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the N Downtown Winston Salem area of Winston-Salem.


Room in Single Family Home on Kinnamon Rd

Townhomes at Little Creek

Total Monthly Price
Sherwood Station Apartments

New Salem Village

Loxley Chase Apartments

3818 Country Club Rd, Unit F

Corners at Crystal Lake

Trails At Bethabara
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.

Hunt Club Apartments, LLC

The Magnolia

Arbors Apartments

The Pines at Bethabara

Villas at Vineyard

The Arlington

Room in Condo on Forest View Dr

Cambridge Park Apartments

Total Monthly Price
Robinhood Court Apartments and Villas
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.

408 Seaman St

The Pointe At Robinhood Village

Mountain Lodge

St. Armand's At Old Town

3630 Yarbrough Ave

3640-3690 Yarbrough Ave

101-103 Hedgecock Ave

4540-4558 June Ave

Pine Ridge at Reynolda
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.

Salem Ridge

3822 Country Club Rd

3816 Country Club Rd

Quail Lakes Apartments

Brookford Place

3820 Country Club Rd

3814 Country Club Rd

3615-3619 Yarbrough Ave

3812 Country Club Rd
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.

Briarleigh Park

133 Columbine Dr

Vineyard Brook Apartments

3830 Country Club Rd

3824 Country Club Rd

130 Cedar Cove Ln

180 Driftwood Ln

134 Turnwood Ln

Pegram Landing II
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.

Pegram Landing
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 | $1,232 | $408 | $1,711 |
| N Downtown Winston Salem 2 Bedroom Apartments | $1,458 | $491 | $2,525 |
| N Downtown Winston Salem 3 Bedroom Apartments | $1,941 | $554 | $2,578 |
| N Downtown Winston Salem 4 Bedroom Apartments | $2,547 | $2,200 | $2,895 |
Browse Apartments in this Neighborhood
There are currently 46 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 Townhomes at Little Creek priced from $855. Sherwood Station Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $878. Here are the most affordable N Downtown Winston Salem apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Townhomes at Little Creek | 1B1BR | 1BR,1BA | $855 |
| Sherwood Station Apartments | A1 | 1BR,1BA | $878 |
| Loxley Chase Apartments | Little John | 1BR,1BA | $900 |
| Hunt Club Apartments, LLC | 1 BD 1 Bth | 1BR,1BA | $975 |
| The Magnolia | Stratford | 1BR,1BA | $995 |
| Corners at Crystal Lake | Fairlawn Renovated | 1BR,1BA | $1,005 |
| Villas at Vineyard | VV-1B1B | 1BR,1BA | $1,063 |
| The Arlington | 2BR 1BA - 882sqft | 2BR,1BA | $1,090 |
| Trails At Bethabara | Cobblestone | 2BR,2BA | $1,123 |
| Robinhood Court Apartments and Villas | One Bedroom Traditional | 1BR,1BA | $1,280 |
Best Value Apartments for Rent in N Downtown Winston Salem, NC
As of September 10, 2026 the best value apartment in the N Downtown Winston Salem area is the $0.98 price per square foot TH-2B15BP Model at Townhomes at Little Creek in the in the West Winston Salem neighborhood starting from $1,199. The second greatest value N Downtown Winston Salem apartment is the 3BR 2BA - 1057sqft Model at The Arlington starting at $1,340 with a $1.27 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. |
|---|---|---|---|
| Townhomes at Little Creek | TH-2B15BP | 2BR,1.5BA | $0.98 |
| The Arlington | 3BR 2BA - 1057sqft | 3BR,2BA | $1.27 |
| Trails At Bethabara | Cobblestone | 2BR,2BA | $1.11 |
| The Magnolia | Reynolda | 2BR,2BA | $1.24 |
| The Reserve at Brookberry Farm | 1x1 | 1BR,1BA | $1.60 |
| Robinhood Court Apartments and Villas | One Bedroom Traditional | 1BR,1.5BA | $1.50 |
| Cambridge Park Apartments | Deluxe Premier Renovated | 1BR,1BA | $1.59 |
| Villas at Vineyard | VV-1B1BR | 1BR,1BA | $1.32 |
| Hunt Club Apartments, LLC | 1 BD 1 Bth | 1BR,1BA | $1.43 |
| Loxley Chase Apartments | Little John | 1BR,1BA | $1.44 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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 #111
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
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
What is the price of a cheap apartment in N Downtown Winston Salem?
The cheapest apartment in N Downtown Winston Salem is Townhomes at Little Creek which is listed at $855, while the average apartment in N Downtown Winston Salem costs $1,300.
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 4 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 $286 which is $1,014 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.