
Cheap Apartments for Rent in the Providence Square Neighborhood of Winston-Salem, NC from $430 (92 Rentals)
Search the lowest-cost Apartments available for rent right now in the Providence Square area of Winston-Salem.


1982 Maryland Ave

131 Westdale Ave NW

615 W Twenty-Third St

1404 W 4th St

1137 N Cameron Ave

1340 Gray Ave NE

Total Monthly Price
705 Alexander St, Unit 1

114 Glenn Ave

1439 Clark Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1403-1405 Pilot View St

829 W 7th St

1400 W Academy St

412 W 1st St

300 N Spring St

Total Monthly Price
1225 New Hope Ln, Unit D

1104 Apple St

2026 N Cherry St

1429 W 4th St

1395 Chestnut Plains Ct
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1396 Chestnut Plains Ct

The Livery Apartments

115 S Spruce St

121 S Poplar St

646 Mulberry St SW

1428 Glade St NW

151 Westdale Ave NW

400 Duke St SW

Crestwood Gardens

1398 Chestnut Plains Ct
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.

Ardmore Terrace

805 W End Blvd

127 W End Blvd

2560 Ladeara Crest Ln, Unit 2508-1

1704 Lincoln Ave

1926 Kentucky Ave

Village Lofts

Total Monthly Price
Hilltop House

Chatham Place Apartments

1194 W 4th St
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.

Total Monthly Price
1606 N Patterson Ave, Unit 1614 N Patterson Ave

1401 W 1st St

841-841 Reynolda Rd NW

2560 Ladeara Crest Ln, Unit 1804

858 N Cameron Ave

664 N Spring St

600 Peters Creek

Gregory Street Apartments

First Street Apartments

Olde North Village Apartments
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.
Providence Square, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Providence Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Providence Square Studio Apartments | $1,447 | $795 | $1,769 |
| Providence Square 1 Bedroom Apartments | $1,441 | $675 | $2,113 |
| Providence Square 2 Bedroom Apartments | $1,890 | $695 | $3,773 |
| Providence Square 3 Bedroom Apartments | $1,748 | $1,025 | $3,775 |
Browse Apartments in this Neighborhood
There are currently 92 rentals with your search options within a 2 mile radius of the Providence Square Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
Cheapest Available Providence Square Apartments for Rent
 The cheapest available apartment rental in the Providence Square area of Winston-Salem, NC is a 1 Bed unit found at Northwood Apartments priced from $740. 1410 ACADEMY ST has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Providence Square apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northwood Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $740 |
| 1410 ACADEMY ST | 1BR/1.0BA | 1BR,1BA | $825 |
| 605001- 1310 BROOKSTOWN AVENUE | 1BR/1.0BA | 1BR,1BA | $825 |
| 1350 N. Chestnut St. | 1BR/1.0BA | 1BR,1BA | $850 |
| 316003- 1426 GLADE STREET | 1BR/1.0BA | 1BR,1BA | $865 |
| The Livery Apartments | 1 Bed | 1BR,1BA | $875 |
| Crestwood Gardens | 2 Bed/ 1 Bath | 2BR,1BA | $925 |
| Ardmore Terrace | The Cypress | 1BR,1BA | $935 |
Best Value Apartments for Rent in Providence Square, NC
As of September 10, 2026 the best value apartment in the Providence Square area is the $1.59 price per square foot Miro Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $2,220. The second greatest value Providence Square apartment is the 2BR/2.0BA Model at Village Lofts starting at $1,550 with a $1.61 price per square foot in the Downtown Winston Salem neighborhood. Here is today’s list of the best values for Providence Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gallery Lofts | Miro | 2BR,2BA | $1.59 |
| Village Lofts | 2BR/2.0BA | 2BR,2BA | $1.61 |
| Highland Commons | 2BR/1.0BA | 2BR,1BA | $1.33 |
| 1606 N Patterson Ave, Unit 1614 N Patterson Ave | 1606 N Patterson Ave | 2BR,1BA | $1.37 |
| 705 Alexander St, Unit 1 | 705 Alexander St | 2BR,1BA | $0.99 |
| 1225 New Hope Ln, Unit D | 1225 New Hope Ln | 2BR,1BA | $1.03 |
| Crestwood Gardens | 2 Bed/ 1 Bath | 2BR,1BA | $1.22 |
| Ardmore Terrace | The Cypress | 1BR,1BA | $1.33 |
| The Livery Apartments | 1 Bed | 1BR,1BA | $1.64 |
| Northwood Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.62 |
Frequently Asked Questions about Cheap Providence Square Apartments
What is a cheap apartment in Providence Square?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Providence Square is under $935.
What is the price of a cheap apartment in Providence Square?
The cheapest apartment in Providence Square is Northwood Apartments which is listed at $740, while the average apartment in Providence Square costs $1,625.
What types of apartments are the cheapest in Providence Square?
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 31 regular apartments in Providence Square 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 Providence Square?
Cheap apartments in Providence Square have an average cost of $553 which is $1,072 cheaper than the average rent for all rentals in Providence Square.
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

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.

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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.