
Cheap Apartments for Rent in the S Downtown Winston Salem Neighborhood of Winston-Salem, NC from $300 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the S Downtown Winston Salem area of Winston-Salem.


Hawk Ridge Apartments

Alder Ridge Apartments

Arbors Apartments

The Lofts at the Plaza

200 Braehill Apartments

Highland Oaks

The Lofts at Woodsmill

The Lofts at Little Creek/Lofts at Hillside

The Arlington
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.

Chamberlain Place Apartments

Sedgefield

Cambridge Park Apartments

4722 Tatton Park Cir, Unit 3D

4757 Tatton Park Cir, Unit Tatton Park Apartments, Unit Tatton Park Apartments

2233 Stonecutter Dr

101 Royal Forest Ct

2395 Eagle Creek Ct, Unit 1106

2403 Eagle Creek Ct, Unit # 122

Summerlin Ridge 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.

191 Charlotte Ct

2408 Eagle Creek Ct, Unit 511

Plantation Place

Hillsborough

Bridgewater Place Apartments

Garden Park Hanes Mall

West Meadows Apartments

Townhomes at Little Creek

Brookford Place

Savannah Place
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.

Villas at Vineyard

Vineyard Brook Apartments

Stratford at Hillcrest

Burke Ridge Crossing

Brylin Crossing

3771 Heathrow Dr

131 Cedar Cove Ln

3697 Heathrow Dr

3697 Heathrow Dr

2205 Sunderland Rd
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.

114 Cedar Cove Ln

255 Luzelle Dr

2812 Hermitage Dr

2421 Eagle Creek Ct

312 Mar-Don Hills Ct

3375 Kensington Pl

3255 Arlington Dr

2433 Autumn Mist Dr

5585 Farm House Trail

128 Troonsway Rd
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.
S Downtown Winston Salem, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in S Downtown Winston Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| S Downtown Winston Salem Studio Apartments | $970 | $930 | $1,050 |
| S Downtown Winston Salem 1 Bedroom Apartments | $1,197 | $386 | $1,775 |
| S Downtown Winston Salem 2 Bedroom Apartments | $1,452 | $459 | $2,045 |
| S Downtown Winston Salem 3 Bedroom Apartments | $1,770 | $527 | $2,325 |
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the S Downtown Winston Salem Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
S Downtown Winston Salem, Winston-Salem, NC Local Guide
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Cheapest Available S Downtown Winston Salem Apartments for Rent
 The cheapest available apartment rental in the S Downtown Winston Salem area of Winston-Salem, NC is a 1 Bed unit found at Pegram Landing II priced from $386. Gardens At Country Club has the second lowest priced unit, which is a 1 Bed apartment currently listed from $836. Here are the most affordable S Downtown Winston Salem apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pegram Landing II | One Bedroom | 1BR,1BA | $386 |
| Gardens At Country Club | 11 | 1BR,1BA | $836 |
| Townhomes at Little Creek | TH-1B1B | 1BR,1BA | $855 |
| Hawk Ridge Apartments | The Nest- Essential | Studio,1BA | $930 |
| Clemmons Station Apartment Homes | One Bedroom | 1BR,1BA | $955 |
| Arbors Apartments | 1 Bed, 1 bath | 1BR,1BA | $975 |
| The Lofts at the Plaza | The Stratford | 1BR,1BA | $995 |
| 200 Braehill Apartments | Auburn | 1BR,1BA | $1,010 |
| Highland Oaks | 1 x 1 A | 1BR,1BA | $1,045 |
| The Lofts at Woodsmill | A1 | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in S Downtown Winston Salem, NC
As of April 23, 2026 the best value apartment in the S Downtown Winston Salem area is the $1.34 price per square foot Regency Premier Renovated Model at Cambridge Park Apartments in the in the West Winston Salem neighborhood starting from $1,874. The second greatest value S Downtown Winston Salem apartment is the Clemmons Village Apartments | 2 Bedroom One Bat... Model at Clemmons Village Apartments starting at $1,350 with a $1.19 price per square foot in the Clemmons neighborhood. Here is today’s list of the best values for S Downtown Winston Salem apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cambridge Park Apartments | Regency Premier Renovated | 3BR,2BA | $1.34 |
| Clemmons Village Apartments | Clemmons Village Apartments | 2 Bedroom One Bat... | 2BR,1BA | $1.19 |
| Stratford at Hillcrest | Pinehurst | 2BR,2BA | $1.38 |
| The Arlington | 3BR 2BA - 1057sqft | 3BR,2BA | $1.39 |
| Villas at Vineyard | VV-2B2BR | 2BR,2BA | $1.11 |
| Chamberlain Place Apartments | 1 BR Traditional | 1BR,1.5BA | $1.37 |
| Arbors Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.34 |
| Pegram Landing II | One Bedroom | 1BR,1BA | $0.54 |
| Gardens At Country Club | 11ATHD | 1BR,1BA | $1.35 |
| Townhomes at Little Creek | TH-1B1B | 1BR,1BA | $1.32 |
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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleS Downtown Winston Salem, Winston-Salem, NC
Ranked #56
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in S Downtown Winston Salem, Winston-Salem, NC
Ward Elementary
West Forsyth High
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Winston-Salem. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap S Downtown Winston Salem Apartments
How much is rent for a Cheap One Bedroom S Downtown Winston Salem Apartment?
The lowest price for a Cheap One Bedroom S Downtown Winston Salem Apartment is $386 at Pegram Landing II.
What is the lowest price for a Cheap Two Bedroom S Downtown Winston Salem Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in S Downtown Winston Salem is starting from $459 at Pegram Landing II.
What is the most affordable S Downtown Winston Salem Three Bedroom Apartment?
The best deal on a cheap S Downtown Winston Salem Three Bedroom Apartment rental is at Pegram Landing II and starts from $527.
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

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.

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.

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.

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.