Cheap Apartments for Rent in the Watkins Neighborhood of Winston-Salem, NC from $400 (82 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Watkins 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

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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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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Hilltop House
Rent Specials
$1,074 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,074 - $1,690
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
Pet Friendly
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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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Hillside Apartments
2 Bedroom Apartments

Hillside Apartments

130 Weatherwood CtWinston-Salem, NC 27103
  • Utilities Included
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Holland Apartments
1 Bedroom Apartments

Holland Apartments

1121 Hutton StWinston-Salem, NC 27103
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Salem Crossing
1 Bedroom Apartments

Salem Crossing

1111 Salem Valley RdWinston-Salem, NC 27103
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Fairview Landing
1 to 2 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
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Wilma Apartments
1 Bedroom Apartments

Wilma Apartments

220 N Hawthorne RdWinston-Salem, NC 27104
  • Utilities Included

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.

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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 The Residences at Diamond Ridge priced from $820. 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
The Residences at Diamond Ridge932B1BS2BR,1BA$820
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Ardmore TerraceThe Cypress1BR,1BA$935
The Livery Apartments1 Bed1BR,1BA$1,020
Bromley Park1x11BR,1BA$1,049
600 Peters Creek2 bedroom 60%2BR,1BA$1,090
1306 Glade Street2BR/1.0BA2BR,1BA$1,095
Village Lofts Apartments1BR/1.0BA1BR,1BA$1,125
Mill 8001C1BR,1BA$1,242
50 West Fourth ResidencesApt 111BR,1BA$1,270

Best Value Apartments for Rent in Watkins, NC

As of July 05, 2026 the best value apartment in the Watkins area is the $1.51 price per square foot Miro Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $2,120. The second greatest value Watkins apartment is the 1425 W Academy St Model at 1425 W Academy St, Unit Down starting at $1,295 with a $1.08 price per square foot in the South Central 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.
Gallery LoftsMiro2BR,2BA$1.51
1425 W Academy St, Unit Down1425 W Academy St3BR,1.5BA$1.08
664 2nd St NWTwo Bedroom One Bath2BR,1BA$1.30
600 Peters Creek2 bedroom 60%2BR,1BA$1.11
Village Lofts Apartments2BR/2.0BA2BR,2BA$1.61
715 Watson Ave., Unit C715 Watson Ave.2BR,1BA$1.65
Mill 8001C1BR,1BA$1.48
Ardmore TerraceThe Cypress1BR,1BA$1.33
Bromley Park1x11BR,1BA$1.61
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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Pet Friendly Lifestyle
Watkins, Winston-Salem, NC

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
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 $1,270.

What is the price of a cheap apartment in Watkins?

The cheapest apartment in Watkins is The Residences at Diamond Ridge which is listed at $840, while the average apartment in Watkins costs $1,996.

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 18 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 $349 which is $1,647 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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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.

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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.