Cheap Apartments for Rent in the Old Town Heights Neighborhood of Winston-Salem, NC from $500 (18 Rentals)

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

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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.

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Reynolds Townhomes
Studio to 2 Bedroom Apartments

Reynolds Townhomes

3844 Wabash BlvdWinston-Salem, NC 27106
  • Utilities Included
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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
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Bridgewood
1 to 2 Bedroom Apartments

Bridgewood

5270 Indiana AveWinston-Salem, NC 27106
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3630 Yarbrough Ave
2 Bedroom Apartments

3630 Yarbrough Ave

3630 Yarbrough AveWinston-Salem, NC 27106
  • Utilities Included

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Colonial Estates
1 to 2 Bedroom Apartments

Colonial Estates

3907 Bethania Station RdWinston-Salem, NC 27106
  • Utilities Included
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The Flats at Salem
1 to 2 Bedroom Apartments

The Flats at Salem

2500 Towergate CirWinston-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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Cheapest Available Old Town Heights Apartments for Rent

 

The cheapest available apartment rental in the Old Town Heights area of Winston-Salem, NC is a 1 Bed unit found at SHATTALON TERRACE APARTMENTS priced from $750. Countryside Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Old Town Heights apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 3-G1BR,1BA$750
Countryside Gardens1 Bed / 1 Bath1BR,1BA$750
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795
Bethabara Village1 Bed 1 Bath1BR,1BA$900
Trails At BethabaraKensington1BR,1BA$924

Best Value Apartments for Rent in Old Town Heights, NC

As of June 17, 2026 the best value apartment in the Old Town Heights area is the $1.02 price per square foot 2 bed classic Model at Lofts at Glenhaven in the in the Northwest Winston Salem neighborhood starting from $1,117. The second greatest value Old Town Heights apartment is the Arrow Model at Loxley Chase Apartments starting at $1,000 with a $1.11 price per square foot in the Northwest Winston Salem neighborhood. Here is today’s list of the best values for Old Town Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts at Glenhaven2 bed classic2BR,2BA$1.02
Loxley Chase ApartmentsArrow2BR,1BA$1.11
Hampton Court Apartments I & II2BR/1BA2BR,1BA$1.17
3950 Bradford Ct, Unit A3950 Bradford Ct1BR,1BA$1.22
Providence Pointeone bedroom/ one bath1BR,1BA$1.31
Trails At BethabaraKensington1BR,1BA$1.24
Countryside Villa Apartments1BR - 1BTH1BR,1BA$1.31
Hunt Club Apartments, LLC1 BD 1 Bth1BR,1BA$1.39
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 3-G1BR,1BA$1.25
Countryside Gardens1 Bed / 1 Bath1BR,1BA$1.34

Frequently Asked Questions about Cheap Old Town Heights Apartments

What is the price of a cheap apartment in Old Town Heights?

The cheapest apartment in Old Town Heights is SHATTALON TERRACE APARTMENTS which is listed at $750, while the average apartment in Old Town Heights costs $1,770.

What types of apartments are the cheapest in Old Town Heights?

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 20 regular apartments in Old Town Heights 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 Town Heights?

Cheap apartments in Old Town Heights have an average cost of $808 which is $962 cheaper than the average rent for all rentals in Old Town Heights.

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

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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.

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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.

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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.