Cheap Apartments for Rent in the Outer Business District Winston-Salem, NC from $303 (286 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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property at 412 W 1st St
$795 - $995
1 Bedroom Rentals
Available Now
Affordability

412 W 1st St

Winston-SalemNC27101

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.

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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.

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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.

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Outer Business District, Winston-Salem, NC Local Guide

Cheapest Available Outer Business District Apartments for Rent

 

The cheapest available apartment rental in the Outer Business District area of Winston-Salem, NC is a 1 Bed unit found at Hunt Park Senior Apartments priced from $694. Northwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here are the most affordable Outer Business District apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Hunt Park Senior Apartments1 Bedroom1BR, 1BA$694
Northwood Apartments1 Bedroom, 1 Bath1BR, 1BA$740
Broadbay CrossingsOne Bedroom- Classic1BR, 1BA$750
Gardens At Country Club11ATH1BR, 1BA$775
Salem Crest Apartment Homes1 Bed/1 Bath1BR, 1BA$785
The View at 50101 Bedroom 1 Bath - A1BR, 1BA$799
Plaza South Apartments1BR/1BA WITHOUT W/D CONNECTIONS1BR, 1BA$825
1410 ACADEMY ST1BR/1.0BA1BR, 1BA$825

Best Value Apartments for Rent in Outer Business District, NC

As of September 16, 2026 the best value apartment in the Outer Business District area is the $1.08 price per square foot Blossom Model at Wallburg Landing in the Southeast Winston Salem neighborhood starting from $1,579. The second greatest value Outer Business District apartment is the Bethania Sunroom FP Model at The Pines at Bethabara in the Northwest Winston Salem neighborhood starting at $1,195 with a $0.90 price per square foot. Here is today’s list of the best values for Outer Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wallburg LandingBlossom3BR, 2BA$1.08
The Pines at BethabaraBethania Sunroom FP2BR, 2BA$0.90
Brookside Townhomes5 BR / 2 BA5BR, 2BA$1.15
Townhomes at Little CreekTH-2B15BP2BR, 1.5BA$0.98
Arcadian Apartments2BR 2BA - 1200sqft2BR, 2BA$1.13
Brandemere Apartment HomesB - Wilson2BR, 2BA$0.91
Trails At BethabaraCobblestone2BR, 2BA$1.11
Bethabara Village2 Bed 1.5 Bath2BR, 1.5BA$0.96
705 Alexander St, Unit 1705 Alexander St2BR, 1BA$0.99
1225 New Hope Ln, Unit D1225 New Hope Ln2BR, 1BA$1.03

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.

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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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Real 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.

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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
Outer Business District, Winston-Salem, NC

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Outer Business District, Winston-Salem, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States including Outer Business District, Winston-Salem, and the greater Winston-Salem area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, places that make kids happy, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Outer Business District Apartments

What is a cheap apartment in Outer Business District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer Business District is under $825.

What is the price of a cheap apartment in Outer Business District?

The cheapest apartment in Outer Business District is Hunt Park Senior Apartments which is listed at $694, while the average apartment in Outer Business District costs $1,315.

What types of apartments are the cheapest in Outer Business District?

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 49 regular apartments in Outer Business District 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 Outer Business District?

Cheap apartments in Outer Business District have an average cost of $347 which is $968 cheaper than the average rent for all rentals in Outer Business District.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.