
Cheap Apartments for Rent in the South Park Neighborhood of Winston-Salem, NC from $400 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Park area of Winston-Salem.


1235 Gholson Ave S East

1404 W 4th St

Total Monthly Price
705 Alexander St, Unit 1

1400 W Academy St

The Residences at Diamond Ridge

2321 Dacian St

1104 Apple St

1429 W 4th St
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.

646 Mulberry St SW

Twin City Townhomes

400 Duke St SW

2001 S Main St

Hillside Apartments

Holland Apartments

600 Peters Creek

862 Foxwood Pl

Gregory Street Apartments
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.

Salem Crossing

Cedar Ridge Apartments

1425 Gholson Ave

Starlight Manor

Terra Churton

Broadbay Crossings

422 Gregory St SW

327 Taylor St SW

1410 ACADEMY ST
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.

Terra Academy

1421 W 4th St

1047 W Academy St, Unit 6

Skyline Village Apartments

Penburn Apartments

Salem View Apartments

1520 Fitch St

Arbor Pointe

1500 Montague St
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.

918 Franklin St SW
South Park, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in South Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Park 1 Bedroom Apartments | $916 | $750 | $1,200 |
| South Park 2 Bedroom Apartments | $928 | $695 | $1,400 |
| South Park 3 Bedroom Apartments | $1,416 | $1,190 | $1,595 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the South Park Neighborhood of Winston-Salem, NC.
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South Park, Winston-Salem, NC Local Guide
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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 $750. 1410 ACADEMY ST has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable South Park apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Broadbay Crossings | One Bedroom- Classic | 1BR,1BA | $750 |
| 1410 ACADEMY ST | 1BR/1.0BA | 1BR,1BA | $825 |
| Arbor Pointe | 2 BR / 1 BA PR | 2BR,1BA | $975 |
| Arcadian Apartments | 1BR 1BA - 800sqft | 1BR,1BA | $1,020 |
| Morgan Ridge | Terrace | 1BR,1BA | $1,097 |
Best Value Apartments for Rent in South Park, NC
As of September 09, 2026 the best value apartment in the South Park area is the $0.92 price per square foot 2 Bedroom Model at Twin City Townhomes in the in the Oliver's Crossing neighborhood starting from $995. The second greatest value South Park apartment is the 715 Watson Ave. Model at 715 Watson Ave., Unit C starting at $1,400 with a $1.65 price per square foot in the Silas Creek Parkway South neighborhood. Here is today’s list of the best values for South Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Twin City Townhomes | 2 Bedroom | 2BR,1.5BA | $0.92 |
| 715 Watson Ave., Unit C | 715 Watson Ave. | 2BR,1BA | $1.65 |
| 705 Alexander St, Unit 1 | 705 Alexander St | 2BR,1BA | $0.99 |
| Arbor Pointe | 2 BR / 1 BA R | 2BR,1BA | $1.33 |
| Morgan Ridge | Terrace | 1BR,1BA | $1.43 |
| Arcadian Apartments | 1BR 1BA - 725sqft | 1BR,1BA | $1.54 |
| Broadbay Crossings | One Bedroom- Classic | 1BR,1BA | $1.30 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
Best Local Schools in South Park, Winston-Salem, NC
Easton Elementary
Parkland High
Konnoak Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap South Park Apartments
How much is rent for a Cheap One Bedroom South Park Apartment?
The lowest price for a Cheap One Bedroom South Park Apartment is $750 at Broadbay Crossings.
What is the lowest price for a Cheap Two Bedroom South Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Park is starting from $950 at Broadbay Crossings.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.