
Cheap Apartments for Rent in the S Downtown Winston Salem Neighborhood of Winston-Salem, NC from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the S Downtown Winston Salem area of Winston-Salem.


Townhomes at Little Creek

Hawk Ridge Apartments

The Lofts at Woodsmill

The Lofts at the Plaza

Alder Ridge Apartments

Arbors Apartments

Sedgefield

Highland Oaks
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.

Total Monthly Price
The Lofts at Little Creek/Lofts at Hillside

Villas at Vineyard

The Arlington

Foxcreek Apartments

200 Braehill Apartments

Total Monthly Price
Chamberlain Place Apartments

Cambridge Park Apartments

2205 Sunderland Rd

Summerlin Ridge Apartments
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.

185 Charlotte Ct

Plantation Place

Hillsborough

Bridgewater Place Apartments

Garden Park Hanes Mall

West Meadows Apartments

2260-289W Sunderland Rd

Brookford Place

Savannah Place
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.

Vineyard Brook Apartments

Burke Ridge Crossing

Brylin Crossing

272 Hedgecock Ave

Stratford at Hillcrest

130 Cedar Cove Ln

2350 Bay Meadows Ct

2205-114D Sunderland Rd

3697 Heathrow Dr
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.

3697 Heathrow Dr

132 Rivertree Ln

2433 Autumn Mist Dr

Pegram Landing II

Clemmons Station Apartment Homes

Clemmons Trace Village Apartments

Clemmons Town Center

Pegram Landing

Clemmons 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.
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 | $1,005 | $930 | $1,175 |
| S Downtown Winston Salem 1 Bedroom Apartments | $1,186 | $408 | $1,805 |
| S Downtown Winston Salem 2 Bedroom Apartments | $1,389 | $491 | $2,170 |
| S Downtown Winston Salem 3 Bedroom Apartments | $1,754 | $554 | $2,500 |
| S Downtown Winston Salem 4 Bedroom Apartments | $2,200 | $2,200 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 45 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 Gardens At Country Club priced from $836. Hawk Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here are the most affordable S Downtown Winston Salem apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Gardens At Country Club | 11 | 1BR,1BA | $836 |
| Hawk Ridge Apartments | The Nest- Essential | Studio,1BA | $930 |
| The Lofts at the Plaza | The Stratford | 1BR,1BA | $939 |
| The Lofts at Woodsmill | A1 | 1BR,1BA | $939 |
| Alder Ridge Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $950 |
| Clemmons Station Apartment Homes | One Bedroom | 1BR,1BA | $1,030 |
| The Lofts at Little Creek/Lofts at Hillside | Hillside II - Greensboro | Studio,1BA | $1,075 |
| The Arlington | 2BR 1BA - 882sqft | 2BR,1BA | $1,090 |
| Foxcreek Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,091 |
| Villas at Vineyard | VV-2B2BP | 2BR,2BA | $1,169 |
Best Value Apartments for Rent in S Downtown Winston Salem, NC
As of July 23, 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 TH-2B15BR Model at Townhomes at Little Creek starting at $1,199 with a $0.98 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas at PeaceHaven | Abbott | 3BR,2BA | $1.37 |
| Townhomes at Little Creek | TH-2B15BR | 2BR,1.5BA | $0.98 |
| Villas at Vineyard | VV-2B2BP | 2BR,2BA | $1.11 |
| Chamberlain Place Apartments | 1 BR Contemporary | 1BR,1.5BA | $1.30 |
| The Arlington | 2BR 1BA - 882sqft | 2BR,1BA | $1.24 |
| Stratford at Hillcrest | Augusta | 1BR,1BA | $1.41 |
| Highland Oaks | 2 x 1 | 2BR,1BA | $1.44 |
| Foxcreek Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.32 |
| The Lofts at the Plaza | The Benton | 2BR,1BA | $1.42 |
| Gardens At Country Club | 11ATHD | 1BR,1BA | $1.33 |
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.
Read ArticleReal 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.
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 #44
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
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 $930.
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 $836 at Gardens At Country Club.
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 $925 at Gardens At Country Club.
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 Hawk Ridge Apartments and starts from $1,440.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.