Cheap Apartments for Rent in the Watkins Neighborhood of Winston-Salem, NC from $400 (81 Rentals)

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

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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property at 1437 W 4th St

$795

1 Bedroom Rentals

Available Now

1437 W 4th St

Winston-SalemNC27101

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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property at 2001 S Main St

$825 - $975

1 To 2 Bedroom Rentals

Available Now

2001 S Main St

Winston-SalemNC27127

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating 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.

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Watkins, Winston-Salem, NC Local Guide

Cheapest Available Watkins Apartments for Rent

 

The cheapest available apartment rental in the Watkins area of Winston-Salem, NC is a 2 Beds unit found at 600 Peters Creek priced from $513. Gray Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Watkins apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
600 Peters Creek2 bedroom 30%2BR,1BA$513
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Ardmore TerraceThe Cypress1BR,1BA$935
Charleston Apartments1BR 1BA - 690sqft1BR,1BA$950
Bromley Park1x11BR,1BA$999
Highland Commons2 bedroom, 1 bathroom2BR,1BA$1,000
Hilltop HouseA31BR,1BA$1,019
Link Apartments® 4th StreetA11BR,1BA$1,109
Village Lofts Apartments1BR/1.0BA1BR,1BA$1,110

Best Value Apartments for Rent in Watkins, NC

As of December 28, 2025 the best value apartment in the Watkins area is the $0.90 price per square foot 1425 W Academy St Model at 1425 W Academy St, Unit UP in the in the South Central Winston Salem neighborhood starting from $995. The second greatest value Watkins apartment is the Kahlo Model at Gallery Lofts starting at $1,515 with a $1.55 price per square foot in the Downtown Winston Salem neighborhood. Here is today’s list of the best values for Watkins apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1425 W Academy St, Unit UP1425 W Academy St2BR,1BA$0.90
Gallery LoftsKahlo1BR,1BA$1.55
600 Peters Creek2 bedroom 60%2BR,1BA$1.11
Highland Commons2 bedroom, 1 bathroom2BR,1BA$1.11
Mill 8001S1BR,1BA$1.70
715 Watson Ave., Unit C715 Watson Ave.2BR,1BA$1.65
Gateway Apartments1.11BR,1BA$1.68
Ardmore TerraceThe Cypress1BR,1BA$1.33
Charleston Apartments1BR 1BA - 676sqft1BR,1BA$1.48
Bromley Park1x11BR,1BA$1.54

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Pet Friendly Lifestyle
Watkins, Winston-Salem, NC

Ranked #11

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Watkins, Winston-Salem, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Winston-Salem, North Carolina. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, family-friendliness, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Watkins Apartments

What is a cheap apartment in Watkins?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Watkins is under $1,110.

What is the price of a cheap apartment in Watkins?

The cheapest apartment in Watkins is Ardmore Terrace which is listed at $935, while the average apartment in Watkins costs $3,075.

What types of apartments are the cheapest in Watkins?

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 35 regular apartments in Watkins 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 Watkins?

Cheap apartments in Watkins have an average cost of $611 which is $2,464 cheaper than the average rent for all rentals in Watkins.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!