
Cheap Homes for Rent in Old Salem Neighborhood of Winston-Salem, NC from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Salem area of Winston-Salem.


723 Humphrey Ct

1421 W 4th St
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.

2415 Stockton St

1433 Donald St

1408 Diggs Blvd
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.

1768 New Walkertown Rd

301 N Spring St

927 Gillete St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Old Salem, Winston-Salem, NC Local Guide

How much does it cost to rent a home in Old Salem?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Salem 2 Bedroom Homes for Rent | $1,526 | $845 | $2,800 |
Old Salem 3 Bedroom Homes for Rent | $1,564 | $1,095 | $3,695 |
Old Salem 4 Bedroom Homes for Rent | $1,722 | $1,602 | $1,815 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Old Salem Neighborhood of Winston-Salem, NC.
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Old Salem, Winston-Salem, NC Local Guide
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Cheapest Available Old Salem Apartments for Rent
 The cheapest available apartment rental in the Old Salem area of Winston-Salem, NC is a 2 Beds unit found at The Residences at Diamond Ridge priced from $885. Gray Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Old Salem apartments for rent in Winston-Salem, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Residences at Diamond Ridge | 932B1BMR | 2BR,1BA | $885 |
Gray Court Apartments | 0BR/1.0BA | Studio,1BA | $895 |
Hilltop House | A3 | 1BR,1BA | $949 |
Best Value Apartments for Rent in Old Salem, NC
As of May 11, 2025 the best value apartment in the Old Salem area is the $1.80 price per square foot B3 Model at West End Station in the in the South Central Winston Salem neighborhood starting from $2,180. The second greatest value Old 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 Old Salem apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
West End Station | B3 | 2BR,2BA | $1.80 |
Gallery Lofts | Rivera | 1BR,1BA | $1.53 |
Village Lofts of Winston-Salem | Two Bedroom | 2BR,2BA | $1.56 |
Edge Flats | A1.3 | 1BR,1BA | $2.05 |
The Residences at Diamond Ridge | 932B1BMR | 2BR,1BA | $1.05 |
1225 New Hope Ln, Unit B | 1225 New Hope Ln | 2BR,1BA | $1.06 |
Gateway Apartments | 1.1 | 1BR,1BA | $1.68 |
235 Corona St, Unit 102 | 235 Corona St | 1BR,1BA | $1.19 |
Hilltop House | A5 | 1BR,1BA | $1.92 |
Gray Court Apartments | 0BR/1.0BA | Studio ,1BA | $1.79 |
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.
Frequently Asked Questions about Old Salem
What type of rentals are currently available in Old Salem?
There are currently 202 Apartments for Rent in Old Salem, NC with pricing that ranges from $695 to $4,352. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Salem ranging from $499 to $3,695.
What is the current price range for Rental Homes in Old Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Salem ranges from $499 to $3,695 with an average monthly rent of $1,444.
How much are larger Three and Four Bedroom Rentals in Old Salem?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Salem range from $1,180 to $4,045, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,695. Four Bedroom Single-Family rentals are also available starting from $1,602 and Four Bedroom Apartments start at $3,000.
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.