Cheap Apartments for Rent in the Downtown Winston Salem Neighborhood of Winston-Salem, NC from $700 (12 Rentals)

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

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The Livery Apartments
1 Bedroom Apartments

The Livery Apartments

648 Holly AveWinston-Salem, NC 27101
  • Utilities Included
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Gray Court Apartments
Studio Apartments

Gray Court Apartments

450 N Broad StWinston-Salem, NC 27101
  • Utilities Included
Showing Results 1-12, Page 1 of 1

Downtown Winston Salem, Winston-Salem, NC Local Guide

Cheapest Available Downtown Winston Salem Apartments for Rent

 

The cheapest available apartment rental in the Downtown Winston Salem area of Winston-Salem, NC is a Studio unit found at Gray Court Apartments priced from $895. Hilltop House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Downtown Winston Salem apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Gray Court Apartments0BR/1.0BAStudio,1BA$895
Hilltop HouseA31BR,1BA$949
50 West Fourth Residences1 Beds, 1 Baths1BR,1BA$1,235
Link Apartments® 4th StreetA11BR,1BA$1,244
Chatham Place Apartments1 Bed / 1 Bath1BR,1BA$1,255

Best Value Apartments for Rent in Downtown Winston Salem, NC

As of April 13, 2025 the best value apartment in the Downtown Winston Salem area is the $2.25 price per square foot B5 Model at West End Station in the in the South Central Winston Salem neighborhood starting from $2,350. The second greatest value Downtown Winston Salem apartment is the Two Bedroom Model at Village Lofts of Winston-Salem starting at $1,500 with a $1.56 price per square foot in the Downtown Winston Salem neighborhood. Here is today’s list of the best values for Downtown Winston Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
West End StationB52BR,2BA$2.25
Village Lofts of Winston-SalemTwo Bedroom2BR,2BA$1.56
Plant 64 Apartment Homes1P21BR,1BA$2.27
Gallery LoftsPicasso1BR,1BA$1.73
Hilltop HouseA51BR,1BA$1.92
Winston Factory LoftsUNIT 210B, 314B, 411B, 512B1BR,1BA$2.17
50 West Fourth Residences1 Beds, 1 Baths1BR,1BA$2.02
The EasleyA11BR,1BA$2.23
Link Apartments® Innovation QuarterA31BR,1BA$2.40
Gray Court Apartments0BR/1.0BAStudio ,1BA$1.79

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Pet Friendly Lifestyle
Downtown Winston Salem, Winston-Salem, NC

Ranked #82

Among neighborhoods in Winston-Salem, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Downtown Winston Salem Neighborhood in Winston-Salem, NC

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

75 / 100

Very Bikeable

Biking is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Downtown Winston Salem Apartments

What is the price of a cheap apartment in Downtown Winston Salem?

The cheapest apartment in Downtown Winston Salem is Hilltop House which is listed at $949, while the average apartment in Downtown Winston Salem costs $2,295.

What types of apartments are the cheapest in Downtown Winston Salem?

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 33 regular apartments in Downtown Winston Salem that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.