Cheap Apartments for Rent in the Old Salem Neighborhood of Winston-Salem, NC from $400 (56 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

130 Weatherwood CtWinston-Salem, NC 27103
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Holland Apartments
1 Bedroom Apartments

Holland Apartments

1121 Hutton StWinston-Salem, NC 27103
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Salem Crossing
1 Bedroom Apartments

Salem Crossing

1111 Salem Valley RdWinston-Salem, NC 27103
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Fairview Landing
1 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
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Lincoln Manor
2 Bedroom Apartments

Lincoln Manor

1639-1683 Lincoln AveWinston-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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1410 ACADEMY ST
1 Bedroom Apartments

1410 ACADEMY ST

1410 Academy StWinston-Salem, NC 27103
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Woodlawn Apartments
1 to 2 Bedroom Apartments

Woodlawn Apartments

100 Weatherwood CtWinston-Salem, NC 27103
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Aster Park Apartments
2 Bedroom Apartments

Aster Park Apartments

1620 Hope LnWinston-Salem, NC 27105
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Navigating 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.

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Terra Churton
1 Bedroom Apartments

Terra Churton

1219 Churton StWinston-Salem, NC 27103
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Hillside Gardens
2 Bedroom Apartments

Hillside Gardens

1350 N Chestnut StWinston-Salem, NC 27105
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Terra Academy
Studio to 2 Bedroom Apartments

Terra Academy

1047 Academy StWinston-Salem, NC 27101
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The Livery Apartments
1 Bedroom Apartments

The Livery Apartments

648 Holly AveWinston-Salem, NC 27101
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2001 S Main St
2 Bedroom Apartments

2001 S Main St

2001 S Main StWinston-Salem, NC 27127
Showing Results 1-50, Page 1 of 2

Old Salem, Winston-Salem, NC Local Guide

Cheapest Available Old Salem Apartments for Rent

 

The cheapest available apartment rental in the Old Salem area of Winston-Salem, NC is a 2 Beds unit found at The Residences at Diamond Ridge priced from $885. Hilltop House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Old Salem apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
The Residences at Diamond Ridge932B1BMR2BR,1BA$885
Hilltop HouseA31BR,1BA$1,100
Brown School Lofts at Legacy Heights1 Bedroom Garden1BR,1BA$1,199
Chatham Place Apartments1BR/1.0BA1BR,1BA$1,200
Gateway Apartments1.11BR,1BA$1,300
The EasleyS1Studio,1BA$1,475
Village Lofts of Winston-Salem2 Bed / 2 Bath2BR,2BA$1,500
Link Apartments® BrookstownA21BR,1BA$1,523
50 West Fourth Residences2 Beds, 2 Baths2BR,2BA$1,525

Best Value Apartments for Rent in Old Salem, NC

As of June 05, 2025 the best value apartment in the Old Salem area is the $1.55 price per square foot Rivera Model at Gallery Lofts in the in the East Winston Salem neighborhood starting from $1,600. The second greatest value Old Salem apartment is the 933B1BSR Model at The Residences at Diamond Ridge starting at $1,255 with a $1.35 price per square foot in the South Winston Salem neighborhood. Here is today’s list of the best values for Old Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery LoftsRivera1BR,1BA$1.55
The Residences at Diamond Ridge933B1BSR3BR,1BA$1.35
50 West Fourth Residences2 Beds, 2 Baths2BR,2BA$1.64
Village Lofts of Winston-Salem2 Bed / 2 Bath2BR,2BA$1.62
Plant 64 Apartment Homes1P21BR,1BA$2.15
Winston Factory LoftsUNIT 605B2BR,2BA$2.16
Edge FlatsA1.21BR,1BA$2.11
Gateway Apartments1.11BR,1BA$1.68
Brown School Lofts at Legacy Heights1 Bedroom Garden1BR,1BA$1.81
Hilltop HouseA11BR,1BA$1.88

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
Old Salem, Winston-Salem, NC

Ranked #27

Among neighborhoods in Winston-Salem, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Old Salem Neighborhood in Winston-Salem, NC

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

66 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Old Salem Apartments

What is a cheap apartment in Old Salem?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Salem is under $1,525.

What is the price of a cheap apartment in Old Salem?

The cheapest apartment in Old Salem is Hilltop House which is listed at $975, while the average apartment in Old Salem costs $3,000.

What types of apartments are the cheapest in Old 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 16 regular apartments in Old 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 Old Salem?

Cheap apartments in Old Salem have an average cost of $389 which is $2,611 cheaper than the average rent for all rentals in Old Salem.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.