
Cheap Apartments for Rent in the S Downtown Winston Salem Neighborhood of Winston-Salem, NC from $300 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the S Downtown Winston Salem area of Winston-Salem.


Hawk Ridge Apartments

Gardens At Country Club

Plantation Place

Hillsborough
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Bridgewater Place Apartments

Garden Park Hanes Mall

West Meadows Apartments

Townhomes at Little Creek

Pegram Landing II
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Pegram Landing
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 | $951 | $875 | $1,050 |
| S Downtown Winston Salem 1 Bedroom Apartments | $1,228 | $386 | $1,920 |
| S Downtown Winston Salem 2 Bedroom Apartments | $1,484 | $459 | $1,960 |
| S Downtown Winston Salem 3 Bedroom Apartments | $1,721 | $527 | $2,325 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the S Downtown Winston Salem Neighborhood of Winston-Salem, NC.
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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. Townhomes at Little Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. 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 |
| Townhomes at Little Creek | TH-1B1BR | 1BR,1BA | $855 |
| Alder Ridge Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $950 |
| Arbors Apartments | 1 Bed, 1 bath | 1BR,1BA | $975 |
| Hawk Ridge Apartments | Full Renovation | 1BR,1BA | $980 |
Best Value Apartments for Rent in S Downtown Winston Salem, NC
As of March 09, 2026 the best value apartment in the S Downtown Winston Salem area is the $1.12 price per square foot 32D Model at Gardens At Country Club in the in the West Winston Salem neighborhood starting from $1,449. The second greatest value S Downtown Winston Salem apartment is the Phoenix Premier Renovated Model at Cambridge Park Apartments starting at $1,644 with a $1.29 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. |
|---|---|---|---|
| Gardens At Country Club | 32D | 3BR,2BA | $1.12 |
| Cambridge Park Apartments | Phoenix Premier Renovated | 2BR,2BA | $1.29 |
| Clemmons Village Apartments | Clemmons Village Apartments | 2 Bedroom One Bat... | 2BR,1BA | $1.19 |
| Stratford at Hillcrest | St. Andrews | 2BR,2BA | $1.28 |
| Villas at Vineyard | VV-2B2BR | 2BR,2BA | $1.11 |
| The Arlington | 2BR 1BA - 882sqft | 2BR,1BA | $1.24 |
| Chamberlain Place Apartments | 1 BR Traditional | 1BR,1.5BA | $1.35 |
| Arbors Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.34 |
| Pegram Landing II | One Bedroom | 1BR,1BA | $0.54 |
| Townhomes at Little Creek | TH-1B1B | 1BR,1BA | $1.32 |
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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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 #60
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.