
Cheap Apartments for Rent in the Downtown Winston Salem Neighborhood of Winston-Salem, NC from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Winston Salem area of Winston-Salem.


120 S Poplar St

110 S Marshall St

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

212 N Spring St

West End Station

50 West Fourth Residences

Chatham Place Apartments
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212 N Spring St

Winston Factory Lofts
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301 N Spring St

The Residences at The R.J. Reynolds Building
Downtown Winston Salem, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Downtown Winston Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Winston Salem Studio Apartments | $1,343 | $1,000 | $1,580 |
Downtown Winston Salem 1 Bedroom Apartments | $1,531 | $725 | $2,176 |
Downtown Winston Salem 2 Bedroom Apartments | $2,207 | $995 | $4,352 |
Downtown Winston Salem 3 Bedroom Apartments | $2,510 | $1,695 | $4,045 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Winston Salem Neighborhood of Winston-Salem, NC.
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Downtown Winston Salem, Winston-Salem, NC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Gray Court Apartments | 0BR/1.0BA | Studio,1BA | $895 |
Hilltop House | A3 | 1BR,1BA | $949 |
50 West Fourth Residences | 1 Beds, 1 Baths | 1BR,1BA | $1,195 |
Chatham Place Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1,255 |
Mill 800 | 1F | 1BR,1BA | $1,298 |
Best Value Apartments for Rent in Downtown Winston Salem, NC
As of May 14, 2025 the best value apartment in the Downtown Winston Salem area is the $2.27 price per square foot B1.1 Model at The Artreaux in the in the South Central Winston Salem neighborhood starting from $2,564. The second greatest value Downtown Winston Salem apartment is the Rivera Model at Gallery Lofts starting at $1,575 with a $1.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Artreaux | B1.1 | 2BR,2BA | $2.27 |
Gallery Lofts | Rivera | 1BR,1BA | $1.53 |
Village Lofts of Winston-Salem | Two Bedroom | 2BR,2BA | $1.56 |
Plant 64 Apartment Homes | 1P2 | 1BR,1BA | $2.15 |
Chatham Place Apartments | 1 Bed / 1.5 Bath | 1BR,1.5BA | $3.04 |
Hilltop House | A5 | 1BR,1BA | $1.92 |
The Easley | A1 | 1BR,1BA | $2.40 |
50 West Fourth Residences | 1 Beds, 1 Baths | 1BR,1BA | $2.17 |
Winston Factory Lofts | UNIT 208B, 312B, 409B, 510B | 1BR,1BA | $2.37 |
Gray Court Apartments | 0BR/1.0BA | Studio ,1BA | $1.79 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Winston Salem, Winston-Salem, NC
Ranked #65
Among neighborhoods in Winston-Salem, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 a cheap apartment in Downtown Winston Salem?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Winston Salem is under $1,605.
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 $2,225.
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 20 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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.