Cheap Homes for Rent in Old Salem Neighborhood of Winston-Salem, NC from $400 (16 Rentals)

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

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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 1 Bed unit found at 600 Peters Creek priced from $430. 1410 ACADEMY ST has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here are the most affordable Old Salem apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
600 Peters Creek50%1BR,1BA$430
1410 ACADEMY ST1BR/1.0BA1BR,1BA$725
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Gray Court Apartments1BR/1.0BA1BR,1BA$995
Brown School Lofts at Legacy Heights1 Bedroom Garden1BR,1BA$1,199

Best Value Apartments for Rent in Old Salem, NC

As of September 09, 2025 the best value apartment in the Old Salem area is the $1.40 price per square foot Calder Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,930. The second greatest value Old Salem apartment is the A1.5 Model at Edge Flats starting at $1,522 with a $1.77 price per square foot in the Buena Vista 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 LoftsCalder2BR,2BA$1.40
Edge FlatsA1.51BR,1BA$1.77
715 Watson Ave., Unit C715 Watson Ave.2BR,1BA$1.65
1225 New Hope Ln, Unit B1225 New Hope Ln2BR,1BA$1.00
Gateway Apartments1.11BR,1BA$1.68
600 Peters Creek60%1BR,1BA$1.26
Gray Court Apartments1BR/1.0BA1BR,1BA$1.42
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15
1095 Hutton St, Unit C1095 Hutton St1BR,1BA$1.04
235 Corona St, Unit 103235 Corona St1BR,1BA$1.15

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Pet Friendly Lifestyle
Old Salem, Winston-Salem, NC

Ranked #49

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Old Salem

What type of rentals are currently available in Old Salem?

There are currently 201 Apartments for Rent in Old Salem, NC with pricing that ranges from $430 to $4,367. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Salem ranging from $499 to $3,750.

What is the current price range for Rental Homes in Old Salem?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Salem ranges from $499 to $3,750 with an average monthly rent of $1,569.

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 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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.