
Cheap Apartments for Rent in the Shalimar Neighborhood of Winston-Salem, NC from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Shalimar area of Winston-Salem.


Plant 64 Apartment Homes

Kensington Village

Linville Ridge Apartments

Brown School Lofts at Legacy Heights

Fairfield Apartments
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.

Plaza South Apartments

2406 Markwood Ln

Autumn Oaks MHP

1345 Waughtown St

Sprague Garden Apartments

229 Wheeler St
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.
Shalimar, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Shalimar?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Shalimar 1 Bedroom Apartments | $1,457 | $825 | $2,055 |
| Shalimar 2 Bedroom Apartments | $1,293 | $825 | $2,125 |
| Shalimar 3 Bedroom Apartments | $1,838 | $1,299 | $3,075 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Shalimar Neighborhood of Winston-Salem, NC.
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Shalimar, Winston-Salem, NC Local Guide
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Cheapest Available Shalimar Apartments for Rent
 The cheapest available apartment rental in the Shalimar area of Winston-Salem, NC is a 1 Bed unit found at Plaza South Apartments priced from $825. Kensington Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Shalimar apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Plaza South Apartments | 1BR/1BA WITHOUT W/D CONNECTIONS | 1BR,1BA | $825 |
| Kensington Village | The Saville | 1BR,1BA | $850 |
| Fairfield Apartments | 2BR / 1BA | 2BR,1BA | $950 |
| 2425-2445 Old Greensboro Rd | 2 Bedroom | 2BR,1BA | $990 |
| Linville Ridge Apartments | The Carolinian | 1BR,1BA | $1,026 |
Best Value Apartments for Rent in Shalimar, NC
As of April 12, 2026 the best value apartment in the Shalimar area is the $1.10 price per square foot 2 Bedroom Model at 2425-2445 Old Greensboro Rd in the in the East Winston Salem neighborhood starting from $990. The second greatest value Shalimar apartment is the 1225 New Hope Ln Model at 1225 New Hope Ln, Unit D starting at $825 with a $1.03 price per square foot in the East Winston Salem neighborhood. Here is today’s list of the best values for Shalimar apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2425-2445 Old Greensboro Rd | 2 Bedroom | 2BR,1BA | $1.10 |
| 1225 New Hope Ln, Unit D | 1225 New Hope Ln | 2BR,1BA | $1.03 |
| Crestwood Gardens | Cottage 3 Bed / 1 Bath | 3BR,1BA | $1.62 |
| Fairfield Apartments | 2BR / 1BA | 2BR,1BA | $1.22 |
| Plant 64 Apartment Homes | 1N | 1BR,1BA | $2.55 |
| Brown School Lofts at Legacy Heights | 1 Bedroom Garden | 1BR,1BA | $1.92 |
| Plaza South Apartments | 1BR/1BA WITH W/D CONNECTIONS | 1BR,1BA | $1.30 |
| Linville Ridge Apartments | The Carolinian | 1BR,1BA | $1.64 |
| Kensington Village | The Saville | 1BR,1BA | $1.60 |
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.
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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 LifestyleShalimar, Winston-Salem, NC
Ranked #139
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Shalimar Apartments
What is the price of a cheap apartment in Shalimar?
The cheapest apartment in Shalimar is Plaza South Apartments which is listed at $825, while the average apartment in Shalimar costs $1,475.
What types of apartments are the cheapest in Shalimar?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Shalimar that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Shalimar?
Cheap apartments in Shalimar have an average cost of $398 which is $1,077 cheaper than the average rent for all rentals in Shalimar.
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

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.

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.