Cheap Apartments for Rent in the Washington Park Neighborhood of Winston-Salem, NC from $400 (52 Rentals)

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

property at 1086 W Bank St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 0.5 Bath Home for Rent

Available Now

1086 W Bank St

Winston-SalemNC27101

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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

130 Weatherwood CtWinston-Salem, NC 27103
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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
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Salem Crossing
1 Bedroom Apartments

Salem Crossing

1111 Salem Valley RdWinston-Salem, NC 27103
  • Utilities Included

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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Wilma Apartments
1 Bedroom Apartments

Wilma Apartments

220 N Hawthorne RdWinston-Salem, NC 27104
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Starlight Manor
1 Bedroom Apartments

Starlight Manor

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

Woodlawn Apartments

100 Weatherwood CtWinston-Salem, NC 27103
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Terra Churton
1 to 2 Bedroom Apartments

Terra Churton

1219 Churton StWinston-Salem, NC 27103
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Terra Academy
Studio to 2 Bedroom Apartments

Terra Academy

1047 Academy StWinston-Salem, NC 27101

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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Penburn Apartments
1 Bedroom Apartments

Penburn Apartments

501 S Hawthorne RdWinston-Salem, NC 27103
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Gray Court Apartments
Studio to 2 Bedroom Apartments

Gray Court Apartments

450 N Broad StWinston-Salem, NC 27101
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Morgan Ridge
1 to 3 Bedroom Apartments

Morgan Ridge

100 Morgan WayWinston-Salem, NC 27127
Corporate Housing
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Arbor Pointe
2 Bedroom Apartments

Arbor Pointe

1501 Old Salisbury CtWinston-Salem, NC 27127

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Washington Park, Winston-Salem, NC Local Guide

Cheapest Available Washington Park Apartments for Rent

 

The cheapest available apartment rental in the Washington Park 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 Washington Park 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
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Twin City Townhomes1 Bedroom1BR,1BA$895
Ardmore TerraceThe Cypress1BR,1BA$935
Morgan RidgeSingleton1BR,1BA$936
Arbor Pointe2 BR / 1 BA PR2BR,1BA$949
Carlyle Place ApartmentsONE BEDROOM/ ONE BATH1BR,1BA$949
Arcadian Apartments1BR 1BA - 725sqft1BR,1BA$1,000
The Livery Apartments1 Bed1BR,1BA$1,020

Best Value Apartments for Rent in Washington Park, NC

As of July 03, 2026 the best value apartment in the Washington 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 Washington Park apartment is the 3 Bedroom Model at Twin City Townhomes starting at $1,485 with a $1.27 price per square foot in the Oliver's Crossing neighborhood. Here is today’s list of the best values for Washington 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 Townhomes3 Bedroom3BR,1.5BA$1.27
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.30
600 Peters Creek2 bedroom 60%2BR,1BA$1.11
Morgan RidgeSingleton1BR,1BA$1.17
Arbor Pointe2 BR / 1 BA R2BR,1BA$1.29
Arcadian Apartments1BR 1BA - 725sqft1BR,1BA$1.38
Ardmore TerraceThe Cypress1BR,1BA$1.33
Salem Crest Apartment Homes1 Bed/1 Bath1BR,1BA$1.15
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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Lifestyle Ratings

This website is proud to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across North Carolina including Washington Park, Winston-Salem, and the greater Winston-Salem area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, apartment complexes for the kids, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Washington Park Apartments

What is a cheap apartment in Washington Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Washington Park is under $1,020.

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

The cheapest apartment in Washington Park is Salem Crest Apartment Homes which is listed at $785, while the average apartment in Washington Park costs $1,650.

What types of apartments are the cheapest in Washington 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 12 regular apartments in Washington 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 Washington Park?

Cheap apartments in Washington Park have an average cost of $160 which is $1,490 cheaper than the average rent for all rentals in Washington 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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.