Cheap Apartments for Rent in the South Marshall Neighborhood of Winston-Salem, NC from $400 (108 Rentals)

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

property at 130 N Sunset Dr

$700 - $800

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $800
Total Monthly Price
$700 - $800

1 Bedroom, 1 Bath Home for Rent

Available Now

130 N Sunset Dr

Winston-SalemNC27101

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.

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property at 412 W 1st St

$795 - $995

1 Bedroom Rentals

Available Now

412 W 1st St

Winston-SalemNC27101

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.

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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.

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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.

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property at 1615 Argonne Blvd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 2 Bath Home for Rent

Available Now

1615 Argonne Blvd

Winston-SalemNC27107
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Hilltop House
$1,072 - $1,353
Total Monthly Price

Total Monthly Price

Base Rent
$1,072 - $1,353
Total Monthly Price
$1,072 - $1,353
1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
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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.

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South Marshall, Winston-Salem, NC Local Guide

Cheapest Available South Marshall Apartments for Rent

 

The cheapest available apartment rental in the South Marshall area of Winston-Salem, NC is a 1 Bed unit found at Salem Crest Apartment Homes priced from $785. The Residences at Diamond Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $820. Here are the most affordable South Marshall apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$785
The Residences at Diamond Ridge932B1BS2BR,1BA$820
1410 ACADEMY ST1BR/1.0BA1BR,1BA$825
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Ardmore TerraceThe Cypress1BR,1BA$935
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$990
The Livery Apartments1 Bed1BR,1BA$1,000

Best Value Apartments for Rent in South Marshall, NC

As of August 16, 2026 the best value apartment in the South Marshall area is the $1.10 price per square foot Two Bedroom One Bath Model at 664 2nd St NW in the in the South Central Winston Salem neighborhood starting from $1,095. The second greatest value South Marshall apartment is the 2BR/1.0BA Model at Highland Commons starting at $1,200 with a $1.33 price per square foot in the Southwest Winston Salem neighborhood. Here is today’s list of the best values for South Marshall apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.10
Highland Commons2BR/1.0BA2BR,1BA$1.33
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
705 Alexander St, Unit 1705 Alexander St2BR,1BA$0.98
Legacy Park ApartmentsOne Bedroom-One Bath1BR,1BA$1.39
Ardmore TerraceThe Cypress1BR,1BA$1.33
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15
235 Corona St, Unit 201235 Corona St1BR,1BA$1.19
1095 Hutton St, Unit C1095 Hutton St1BR,1BA$1.04
The Residences at Diamond Ridge931B1BSR1BR,1BA$1.31

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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Real 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.

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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.

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina and customized analysis for Central 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 convenient access to the outdoors, places that make kids happy, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap South Marshall Apartments

What is a cheap apartment in South Marshall?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Marshall is under $1,000.

What is the price of a cheap apartment in South Marshall?

The cheapest apartment in South Marshall is Salem Crest Apartment Homes which is listed at $785, while the average apartment in South Marshall costs $1,584.

What types of apartments are the cheapest in South Marshall?

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 19 regular apartments in South Marshall 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 South Marshall?

Cheap apartments in South Marshall have an average cost of $413 which is $1,171 cheaper than the average rent for all rentals in South Marshall.

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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.