Cheap Apartments for Rent in the S Downtown Winston Salem Neighborhood of Winston-Salem, NC from $300 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the S Downtown Winston Salem 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.

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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Plantation Place
2 Bedroom Apartments

Plantation Place

2056 Swaim RdWinston-Salem, NC 27127
  • Utilities Included
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Hillsborough
1 to 2 Bedroom Apartments

Hillsborough

3350-3360 S Stratford RdWinston-Salem, NC 27103
  • Utilities Included
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Garden Park Hanes Mall
1 to 2 Bedroom Apartments

Garden Park Hanes Mall

160 Dalewood DrWinston-Salem, NC 27104
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West Meadows Apartments
1 to 2 Bedroom Apartments

West Meadows Apartments

101 Westmeadows DrWinston-Salem, NC 27103
  • Utilities Included

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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Brookford Place
1 to 2 Bedroom Apartments

Brookford Place

50 Brookford Pl CtWinston-Salem, NC 27104
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Savannah Place
1 to 2 Bedroom Apartments

Savannah Place

400 Magnolia Branch DrWinston-Salem, NC 27104
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Villas at Vineyard
1 to 2 Bedroom Apartments

Villas at Vineyard

3401 Old Vineyard RdWinston-Salem, NC 27103
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Burke Ridge Crossing
1 to 3 Bedroom Apartments

Burke Ridge Crossing

2112 Burke Meadows RdWinston-Salem, NC 27103
  • Utilities Included
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Brylin Crossing
2 Bedroom Apartments

Brylin Crossing

2259 W Clemmonsville RdWinston-Salem, NC 27127
Corporate Housing
  • Utilities Included

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.

property at 3697 Heathrow Dr

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 2 Bath Condo for Rent

Available Now

3697 Heathrow Dr

Winston-SalemNC27127

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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Pegram Landing
1 to 3 Bedroom Apartments

Pegram Landing

6436 Ferry View LnLewisville, NC 27023
  • Utilities Included

S Downtown Winston Salem, Winston-Salem, NC Local Guide

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 $856. Here are the most affordable S Downtown Winston Salem apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Pegram Landing IIOne Bedroom1BR,1BA$386
Gardens At Country Club111BR,1BA$856
Foxcreek Apartments1 Bedroom 1 Bath1BR,1BA$930
The Lofts at the PlazaThe Stratford1BR,1BA$939
Alder Ridge Apartments1 Bedroom, 1 Bath1BR,1BA$950
Arbors Apartments1 Bed, 1 bath1BR,1BA$975
SedgefieldStratford1BR,1BA$1,004
Clemmons Station Apartment HomesOne Bedroom1BR,1BA$1,015
Hawk Ridge ApartmentsThe Egret-PremierStudio,1BA$1,025
Highland Oaks1 x 1 A1BR,1BA$1,045

Best Value Apartments for Rent in S Downtown Winston Salem, NC

As of June 07, 2026 the best value apartment in the S Downtown Winston Salem area is the $1.37 price per square foot Abbott Model at Villas at PeaceHaven in the in the Southwest Winston Salem neighborhood starting from $2,325. The second greatest value S Downtown Winston Salem apartment is the Regency Premier Renovated Model at Cambridge Park Apartments starting at $1,924 with a $1.37 price per square foot in the West Winston Salem neighborhood. Here is today’s list of the best values for S Downtown Winston Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas at PeaceHavenAbbott3BR,2BA$1.37
Cambridge Park ApartmentsRegency Premier Renovated3BR,2BA$1.37
Townhomes at Little CreekTH-2B15BR2BR,1.5BA$0.98
The Arlington3BR 2BA - 1057sqft3BR,2BA$1.39
Villas at VineyardVV-2B2BP2BR,2BA$1.11
200 Braehill ApartmentsFairview2BR,2BA$1.26
Chamberlain Place Apartments1 BR Traditional1BR,1.5BA$1.37
Arbors Apartments1 Bed, 1 bath1BR,1BA$1.34
Pegram Landing IIOne Bedroom1BR,1BA$0.54
The Lofts at the PlazaThe Stratford1BR,1BA$1.39

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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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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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
S Downtown Winston Salem, Winston-Salem, NC

Ranked #49

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

What is the Cheapest Studio apartment in S Downtown Winston Salem?

Currently the most affordable Cheap Studio Apartment in S Downtown Winston Salem is at Hawk Ridge Apartments listed at $1,025.

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

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.