
Cheap Apartments for Rent in the Washington Park Neighborhood of Winston-Salem, NC from $400 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Washington Park area of Winston-Salem.


1514 Gholson Ave S East

1231 Gholson Ave S East

1982 Maryland Ave

1235 Gholson Ave S East

1086 W Bank St

Salem Crest Apartment Homes

1404 W 4th St

300 N Spring St

The Residences at Diamond Ridge
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.

2001 S Main St

Twin City Townhomes

115 S Spruce St

632 Mulberry St SW

400 Duke St SW

Ardmore Terrace

Carlyle Place Apartments

800 Lockland Ave, Unit B

944 Cotton St SW

1517 W 1st St
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.

151 Westdale Ave NW

1121 W End Blvd, Unit 10

805 W End Blvd

Hillside Apartments

Holland Apartments

862 Foxwood Pl

Salem Crossing

Gregory Street Apartments

Teakwood Manor Apartments

First Street Apartments
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.

Wilma Apartments

1425 Gholson Ave

Starlight Manor

Woodlawn Apartments

Terra Churton

1410 Academy Street Apartments

422 Gregory St SW

915 Carolina Ave NW

The Villages at Ardmore Landing

Terra Academy
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.

120 S Poplar St

327 Taylor St SW

Skyline Village Apartments

Penburn Apartments

Salem View Apartments

301 N Spring St

Gray Court Apartments

224 N Dunleith Ave

Morgan Ridge

Arbor Pointe
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.
Washington Park, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Washington Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Washington Park Studio Apartments | $1,423 | $995 | $1,619 |
| Washington Park 1 Bedroom Apartments | $1,412 | $430 | $2,043 |
| Washington Park 2 Bedroom Apartments | $1,667 | $513 | $3,711 |
| Washington Park 3 Bedroom Apartments | $1,531 | $1,085 | $3,075 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Washington Park Neighborhood of Winston-Salem, NC.
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Washington Park, Winston-Salem, NC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Salem Crest Apartment Homes | 1 Bed/1 Bath | 1BR,1BA | $785 |
| The Residences at Diamond Ridge | 932B1BS | 2BR,1BA | $820 |
| Gray Court Apartments | 0BR/1.0BA | Studio,1BA | $895 |
| Twin City Townhomes | 1 Bedroom | 1BR,1BA | $895 |
| Ardmore Terrace | The Cypress | 1BR,1BA | $935 |
| Morgan Ridge | Singleton | 1BR,1BA | $936 |
| Arbor Pointe | 2 BR / 1 BA PR | 2BR,1BA | $949 |
| Carlyle Place Apartments | ONE BEDROOM/ ONE BATH | 1BR,1BA | $949 |
| Arcadian Apartments | 1BR 1BA - 725sqft | 1BR,1BA | $1,000 |
| The Livery Apartments | 1 Bed | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1425 W Academy St, Unit Down | 1425 W Academy St | 3BR,1.5BA | $1.08 |
| Twin City Townhomes | 3 Bedroom | 3BR,1.5BA | $1.27 |
| 664 2nd St NW | Two Bedroom One Bath | 2BR,1BA | $1.30 |
| 600 Peters Creek | 2 bedroom 60% | 2BR,1BA | $1.11 |
| Morgan Ridge | Singleton | 1BR,1BA | $1.17 |
| Arbor Pointe | 2 BR / 1 BA R | 2BR,1BA | $1.29 |
| Arcadian Apartments | 1BR 1BA - 725sqft | 1BR,1BA | $1.38 |
| Ardmore Terrace | The Cypress | 1BR,1BA | $1.33 |
| Salem Crest Apartment Homes | 1 Bed/1 Bath | 1BR,1BA | $1.15 |
| The Residences at Diamond Ridge | 931B1BSR | 1BR,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.
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 Washington Park, Winston-Salem, NC
Latham Elementary
Parkland High
Philo Middle
School data provided by Great Schools
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

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.

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.

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.

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.