Cheap Homes for Rent in S Downtown Winston Salem Neighborhood of Winston-Salem, NC from $1,200 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
Showing Results 1-11, Page 1 of 1

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 2 Beds apartment currently listed from $861. 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 Club21.5TH2BR,1BA$861
Alder Ridge Apartments1 Bedroom, 1 Bath1BR,1BA$925
Hawk Ridge ApartmentsThe Egret-EssentialStudio,1BA$930
The Lofts at WoodsmillA11BR,1BA$949

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

As of May 28, 2025 the best value apartment in the S Downtown Winston Salem area is the $1.05 price per square foot TH-2B1BA Model at Townhomes at Little Creek in the in the West Winston Salem neighborhood starting from $1,290. The second greatest value S Downtown Winston Salem apartment is the 2B Flat Semi-Classic Model at Clemmons Village Apartments starting at $1,250 with a $1.10 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Townhomes at Little CreekTH-2B1BA2BR,2BA$1.05
Clemmons Village Apartments2B Flat Semi-Classic2BR,1BA$1.10
Gardens At Country Club22.5THD2BR,2.5BA$1.21
The ArlingtonArlington Apartments2BR,1BA$1.25
Savannah Place11D1BR,1BA$1.23
Chamberlain Place Apartments1 BR Traditional1BR,1.5BA$1.35
Foxcreek Apartments2 Bedroom 1 Bath2BR,1BA$1.34
Villas at VineyardVV-1B1B1BR,1BA$1.21
Arbors Apartments1 Bed, 1 bath1BR,1BA$1.31
Pegram Landing IIOne Bedroom1BR,1BA$0.54

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about S Downtown Winston Salem

What type of rentals are currently available in S Downtown Winston Salem?

There are currently 51 Apartments for Rent in S Downtown Winston Salem, NC with pricing that ranges from $386 to $3,115. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in S Downtown Winston Salem ranging from $1,250 to $2,735.

What is the current price range for Rental Homes in S Downtown Winston Salem?

Today's rental pricing for Homes for Rent, Condos and Townhomes in S Downtown Winston Salem ranges from $1,250 to $2,735 with an average monthly rent of $1,997.

How much are larger Three and Four Bedroom Rentals in S Downtown Winston Salem?

For those who are looking for larger living arrangements, Three Bedroom Apartments in S Downtown Winston Salem range from $527 to $3,026, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,735. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,890.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.