Cheap Apartments for Rent in the Slater Park Neighborhood of Winston-Salem, NC from $500 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Slater Park area of Winston-Salem.

property at 300 N Spring St

$725 - $800

1 Bedroom Rentals

Available Now

300 N Spring St

Winston-SalemNC27101

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

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Hilltop House
$1,074 - $1,480
Total Monthly Price

Total Monthly Price

Base Rent
$1,074 - $1,480

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
Pet Friendly
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  • 3D Tour

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.

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664 W 2nd St
$1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295
2 Bedroom Apartment Available Now

664 W 2nd St

664 W 2nd StWinston-Salem, NC 27101
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Gateway Apartments
$1,300 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $1,500

Total Monthly Price
$1,300 - $1,500
1 to 2 Bedroom Apartments Available Now

Gateway Apartments

1127 S Marshall StWinston-Salem, NC 27101
Student Housing
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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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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
  • Utilities Included
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Fairview Landing
1 to 2 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
  • Utilities Included
property at 1047 W Academy St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 1 Bath Condo for Rent

Available Now

1047 W Academy St, Unit 7, Unit 7

1047 W Academy St
Winston-SalemNC27101
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Northwood Apartments
1 to 3 Bedroom Apartments

Northwood Apartments

105 NE Inverness StWinston-Salem, NC 27105
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1350 N Chestnut St
2 Bedroom Apartments

1350 N Chestnut St

1350 N Chestnut StWinston-Salem, NC 27105
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Terra Academy
Studio to 2 Bedroom Apartments

Terra Academy

1047 Academy StWinston-Salem, NC 27101
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Gray Court Apartments
Studio to 2 Bedroom Apartments

Gray Court Apartments

450 N Broad StWinston-Salem, NC 27101
  • Utilities Included

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.

Slater Park, Winston-Salem, NC Local Guide

Cheapest Available Slater Park Apartments for Rent

 

The cheapest available apartment rental in the Slater Park area of Winston-Salem, NC is a 2 Beds unit found at Northwood Apartments priced from $800. Kensington Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Slater Park apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Northwood Apartments2 Bedroom 1 Bath2BR,1BA$800
Kensington VillageThe Saville1BR,1BA$850
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Crestwood Gardens2 Bed/ 1 Bath2BR,1BA$925
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$990
The Livery Apartments1 Bed1BR,1BA$1,020
Hilltop HouseA31BR,1BA$1,074
Village Lofts Apartments1BR/1.0BA1BR,1BA$1,130
Skyview Townhomes2 Bedroom2BR,1BA$1,200

Best Value Apartments for Rent in Slater Park, NC

As of April 29, 2026 the best value apartment in the Slater Park area is the $1.53 price per square foot Rivera Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,575. The second greatest value Slater Park apartment is the 664 W 2nd St Model at 664 W 2nd St starting at $1,295 with a $1.30 price per square foot in the South Central Winston Salem neighborhood. Here is today’s list of the best values for Slater Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery LoftsRivera1BR,1BA$1.53
664 W 2nd St664 W 2nd St2BR,1BA$1.30
Mill 8001M1BR,1BA$1.47
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
Northwood Apartments3 Bedroom, 1 Bathroom3BR,1BA$1.16
Crestwood GardensCottage 3 Bed / 1 Bath3BR,1BA$1.41
1225 New Hope Ln, Unit D1225 New Hope Ln2BR,1BA$1.03
Gateway Apartments1.11BR,1BA$1.68
Kensington VillageThe Saville1BR,1BA$1.60
Gray Court Apartments0BR/1.0BAStudio ,1BA$1.79

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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Frequently Asked Questions about Cheap Slater Park Apartments

What is the price of a cheap apartment in Slater Park?

The cheapest apartment in Slater Park is Kensington Village which is listed at $850, while the average apartment in Slater Park costs $2,020.

What types of apartments are the cheapest in Slater Park?

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 40 regular apartments in Slater Park 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 Slater Park?

Cheap apartments in Slater Park have an average cost of $746 which is $1,274 cheaper than the average rent for all rentals in Slater Park.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.