Cheap Apartments for Rent in the South Park Neighborhood of Winston-Salem, NC from $400 (35 Rentals)

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

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.

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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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

130 Weatherwood CtWinston-Salem, NC 27103
  • Utilities Included
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Holland Apartments
1 Bedroom Apartments

Holland Apartments

1121 Hutton StWinston-Salem, NC 27103
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862 Foxwood Pl
1 Bedroom Apartments

862 Foxwood Pl

862 Foxwood PlWinston-Salem, NC 27127
  • Utilities Included

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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Salem Crossing
1 Bedroom Apartments

Salem Crossing

1111 Salem Valley RdWinston-Salem, NC 27103
  • Utilities Included
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Cedar Ridge Apartments
1 to 3 Bedroom Apartments

Cedar Ridge Apartments

3626-3656 Cedar Springs DrWinston-Salem, NC 27107
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Starlight Manor
1 Bedroom Apartments

Starlight Manor

3200-3214 Starlight DrWinston-Salem, NC 27107
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Terra Churton
1 to 2 Bedroom Apartments

Terra Churton

1219 Churton StWinston-Salem, NC 27103
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Broadbay Crossings
1 to 2 Bedroom Apartments

Broadbay Crossings

3610 Baden RdWinston-Salem, NC 27107
  • Utilities Included

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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Terra Academy
Studio to 2 Bedroom Apartments

Terra Academy

1047 Academy StWinston-Salem, NC 27101
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Penburn Apartments
1 Bedroom Apartments

Penburn Apartments

501 S Hawthorne RdWinston-Salem, NC 27103
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Arbor Pointe
2 Bedroom Apartments

Arbor Pointe

1501 Old Salisbury CtWinston-Salem, NC 27127
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Morgan Ridge
1 to 3 Bedroom Apartments

Morgan Ridge

100 Morgan WayWinston-Salem, NC 27127
Corporate Housing

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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Arcadian Apartments
1 to 3 Bedroom Apartments

Arcadian Apartments

1805 Franciscan TerWinston-Salem, NC 27127
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Crafton Townhouses
2 to 3 Bedroom Apartments

Crafton Townhouses

335 Crafton StWinston-Salem, NC 27103

South Park, Winston-Salem, NC Local Guide

Cheapest Available South Park Apartments for Rent

 

The cheapest available apartment rental in the South Park area of Winston-Salem, NC is a 1 Bed unit found at Broadbay Crossings priced from $775. 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 Park apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Broadbay CrossingsOne Bedroom- Classic1BR,1BA$775
The Residences at Diamond Ridge932B1BS2BR,1BA$820
Arbor Pointe2 BR / 1 BA PR2BR,1BA$949
Morgan RidgeSingleton1BR,1BA$976
Twin City Townhomes2 Bedroom2BR,1BA$995
Arcadian Apartments1BR 1BA - 800sqft1BR,1BA$1,020
Gateway Apartments1.11BR,1BA$1,300

Best Value Apartments for Rent in South Park, NC

As of July 21, 2026 the best value apartment in the South Park area is the $1.08 price per square foot 1425 W Academy St Model at 1425 W Academy St, Unit Down in the in the South Central Winston Salem neighborhood starting from $1,295. The second greatest value South Park apartment is the 2 Bedroom Model at Twin City Townhomes starting at $995 with a $0.92 price per square foot in the Oliver's Crossing neighborhood. Here is today’s list of the best values for South Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1425 W Academy St, Unit Down1425 W Academy St3BR,1.5BA$1.08
Twin City Townhomes2 Bedroom2BR,1.5BA$0.92
715 Watson Ave., Unit C715 Watson Ave.2BR,1BA$1.65
Morgan RidgeSingleton1BR,1BA$1.22
Arcadian Apartments1BR 1BA - 800sqft1BR,1BA$1.28
Gateway Apartments1.11BR,1BA$1.68
Arbor Pointe2 BR / 1 BA R2BR,1BA$1.26
The Residences at Diamond Ridge931B1BSR1BR,1BA$1.31
Broadbay CrossingsOne Bedroom- Classic1BR,1BA$1.35

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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Frequently Asked Questions about Cheap South Park Apartments

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

The cheapest apartment in South Park is Broadbay Crossings which is listed at $775, while the average apartment in South Park costs $1,300.

What types of apartments are the cheapest in South 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 2 regular apartments in South 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 South Park?

Cheap apartments in South Park have an average cost of $174 which is $1,126 cheaper than the average rent for all rentals in South 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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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.

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.