Cheap Apartments for Rent in the Washington Park Neighborhood of Winston-Salem, NC from $400 (69 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 3141 Russell Way Ln

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

3141 Russell Way Ln

Winston-SalemNC27127

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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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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Hilltop House
Rent Specials
$1,048 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,048 - $1,690
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
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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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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

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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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

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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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 $830. 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 Ridge932B1BM2BR,1BA$830
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Charleston ApartmentsCharleston Apartments1BR,1BA$910
Ardmore TerraceThe Cypress1BR,1BA$935
Morgan RidgeSingleton1BR,1BA$942
Carlyle Place ApartmentsONE BEDROOM/ ONE BATH1BR,1BA$949
1306 Glade Street1BR/1.0BA1BR,1BA$995

Best Value Apartments for Rent in Washington Park, NC

As of May 19, 2026 the best value apartment in the Washington 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 Washington Park apartment is the Two Bedroom One Bath Model at 664 2nd St NW 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 Washington Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Twin City Townhomes2 Bedroom2BR,1.5BA$0.92
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.30
Sentry PointeThe Guardian2BR,2BA$1.21
705 Alexander St, Unit 1705 Alexander St2BR,1BA$1.06
Morgan RidgeSingleton1BR,1BA$1.18
Arbor Pointe2 BR / 1 BA R2BR,1BA$1.29
Ardmore TerraceThe Cypress1BR,1BA$1.33
Charleston ApartmentsCharleston Apartments1BR,1BA$1.32
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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Washington Park, Winston-Salem, NC

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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 $995.

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 $1,769.

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 13 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 $216 which is $1,553 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.