Cheap Apartments for Rent in the Outer Business District Winston-Salem, NC from $300 (202 Rentals)

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

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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property at 1086 W Bank St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 0.5 Bath Home for Rent

Available Now

1086 W Bank St

Winston-SalemNC27101

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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property at 3141 Russell Way Ln

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

3141 Russell Way Ln

Winston-SalemNC27127
property at 300 N Spring St

$725 - $800

1 Bedroom Rentals

Available Now

300 N Spring St

Winston-SalemNC27101

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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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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Showing Results 1-50, Page 1 of 5

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. Salem Crest Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $785. 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
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795
Northwood Apartments2 Bedroom 1 Bath2BR,1BA$800
Plaza South Apartments1BR/1BA WITHOUT W/D CONNECTIONS1BR,1BA$825
The Residences at Diamond Ridge932B1BM2BR,1BA$830
The View at 50101 Bedroom 1 Bath -B1BR,1BA$835
Kensington VillageThe Saville1BR,1BA$850
Fiddlers Creek Apartments1x11BR,1BA$850

Best Value Apartments for Rent in Outer Business District, NC

As of April 26, 2026 the best value apartment in the Outer Business District area is the $1.11 price per square foot VV-2B2BR Model at Villas at Vineyard in the in the West Winston Salem neighborhood starting from $1,169. The second greatest value Outer Business District apartment is the Barkley Model at Loxley Chase Apartments starting at $1,190 with a $1.14 price per square foot in the Northwest Winston Salem neighborhood. 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.
Villas at VineyardVV-2B2BR2BR,2BA$1.11
Loxley Chase ApartmentsBarkley2BR,2BA$1.14
The Village at Heather HillsHeather South $10952BR,2BA$0.88
Trails At BethabaraCobblestone2BR,2BA$1.07
600 Peters Creek2 bedroom 60%2BR,1BA$1.11
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
The Residences at Diamond Ridge932B1BSR2BR,1BA$1.15
1225 New Hope Ln, Unit D1225 New Hope Ln2BR,1BA$1.03
Fiddlers Creek Apartments1x11BR,1BA$1.13
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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
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 $850.

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 $1,750.

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 74 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 $238 which is $1,512 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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.