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cheap apartments
Last updated May 25 2020 at 9:25 PM

12 Cheap Apartments for rent in Winston-Salem, NC

Verified
Last updated May 25 at 06:24pm
16 Units Available
Ashton Oaks
2030 Northcliffe Dr, Winston-Salem, NC
1 Bedroom
$535
572 sqft
2 Bedrooms
$695
832 sqft
Surround yourself with fresh energy, high-tech amenities, and elevated style. Indulge in extraordinary amenities, relax in appealing social spaces, and cultivate your ideal life. A bold new life awaits you at ASHTON OAKS APARTMENTS.
Verified
Last updated May 25 at 06:11pm
4 Units Available
Parkway Place Apartments
114 Penner St, Winston-Salem, NC
1 Bedroom
$560
775 sqft
2 Bedrooms
$630
850 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at Parkway Place Apartments in Winston-Salem. View photos, descriptions and more!
Verified
Last updated May 25 at 06:45pm
Ardmore
45 Units Available
The Residences at Diamond Ridge
730 Anson St, Winston-Salem, NC
1 Bedroom
$513
721 sqft
2 Bedrooms
$559
858 sqft
3 Bedrooms
$664
1178 sqft
Casual, Care-free Living\nCome home to The Residences at Diamond Ridge and live the lifestyle of which you have always dreamed.
Verified
Last updated May 25 at 03:16am
Town and Country Estates
32 Units Available
The Corners at Crystal Lake
2700 Reynolda Rd, Winston-Salem, NC
1 Bedroom
$685
611 sqft
2 Bedrooms
$765
830 sqft
This secluded community has two stocked fishing lakes, a clubhouse, swimming pool and dog park. It's also just seconds from the Reynolda Manor Shopping Center. Apartments are furnished and feature washer/dryer hookups and fireplaces.
Verified
Last updated May 25 at 06:23pm
19 Units Available
View at 5010
5010 Split Rail Cir, Winston-Salem, NC
1 Bedroom
$615
576 sqft
2 Bedrooms
$715
895 sqft
3 Bedrooms
$835
1044 sqft
Convenient location, just minutes from the campus of Wake Forest University. Residents enjoy units with fireplaces, patios or balconies and washer/dryer hookups. Community features clubhouse, courtyard, fitness center and pool.
Last updated May 25 at 01:46pm
North East Winston
1 Unit Available
1636 NE Ashley School Circle
1636 Ashley School Circle, Winston-Salem, NC
2 Bedrooms
$600
750 sqft
1636 NE Ashley School Circle Available 06/15/20 2 Bedroom Single bath on Ashley School Circle - This quaint two-bedroom home is great for those looking to lease on a budget. No pets. No Pets Allowed (RLNE5796598)
Last updated May 25 at 01:45pm
1 Unit Available
2890-E Carriage Drive - 2890-E
2890 Carriage Dr, Winston-Salem, NC
2 Bedrooms
$625
2890-E Carriage Drive - 2890-E Available 07/01/20 Buena Vista/WFU Area! - Beautifully renovated in kitchen and bath -- new cabinets, wood floors, new counter tops -- absolutely to die for! Very nice main level condo overlooking park-like area!
Last updated May 25 at 10:37pm
Old Town Heights
1 Unit Available
3719 Yarbrough Avenue
3719 Yarbrough Avenue, Winston-Salem, NC
2 Bedrooms
$550
2 bedroom 1 bath apartment, water included.
Last updated May 25 at 08:48pm
Skyland
1 Unit Available
1828 Maryland Ave.
1828 Maryland Avenue, Winston-Salem, NC
3 Bedrooms
$590
1050 sqft
Monthly Rent: $590.00 Security Deposit: $590.00 No Section 8 or equivalent voucher programs A Cute 1.5 Story Bungalow, 3 Bedrooms, 1 Full Bath, Large Master Bedroom, Nice size backyard, Large Front Porch, Eat in Kitchen, Washer and Dryer Hookup.
Last updated May 25 at 08:48pm
Retnuh Hills
1 Unit Available
222 motor rd - 7
222 Motor Rd, Winston-Salem, NC
2 Bedrooms
$640
937 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at 222 motor rd - 7 in Winston-Salem. View photos, descriptions and more!
Last updated May 25 at 08:48pm
Retnuh Hills
1 Unit Available
222 motor rd - 54
222 Motor Road, Winston-Salem, NC
2 Bedrooms
$640
1050 sqft
WHY SPEND MONEY ON ALL THE THINGS WE DO NOT USE IN AN APARTMENT COMMUNITY? CAN YOU SWIM IN A OUTSIDE POOL IN THE WINTER TIME? HOW OFTEN WILL YOU USE THE CLUBHOUSE? I AM JUST ASKING,..
Last updated May 25 at 08:48pm
1 Unit Available
5470 Shattalon Drive Apt. 9-D
5470 Shattalon Drive, Winston-Salem, NC
1 Bedroom
Ask
2 Bedrooms
$625
810 sqft
Shattalon Terrace Apartments offer 1 and 2 bedroom floor plans that are a cozy place to call home. Here at Shattalon Terrace you will be located only moments away from your favorite restaurants, great entertainment and awesome shopping.
Rent Report
Winston-Salem

June 2020 Winston-Salem Rent Report

Welcome to the June 2020 Winston-Salem Rent Report. Winston-Salem rents remained steady over the past month. In this report, we'll evaluate trends in the Winston-Salem rental market, including comparisons to cities throughout the state and nation.

Winston-Salem rents held steady over the past month

Winston-Salem rents have remained flat over the past month, however, they are up slightly by 1.9% year-over-year. Currently, median rents in Winston-Salem stand at $676 for a one-bedroom apartment and $824 for a two-bedroom. Winston-Salem's year-over-year rent growth leads the state average of 0.9%, as well as the national average of 0.8%.

    Rents rising across cities in North Carolina

    Throughout the past year, rent increases have been occurring not just in the city of Winston-Salem, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, 8 of them have seen prices rise. The state as a whole logged rent growth of 0.9% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,295; of the 10 largest cities in North Carolina that we have data for, Wilmington and High Point, where two-bedrooms go for $932 and $870, are the only two major cities in the state to see rents fall year-over-year (-3.8% and -0.4%).
    • Greenville, Durham, and Winston-Salem have all experienced year-over-year growth above the state average (2.2%, 1.9%, and 1.9%, respectively).

    Winston-Salem rents more affordable than many large cities nationwide

    As rents have increased slightly in Winston-Salem, other large cities nationwide have seen rents grow more quickly. Winston-Salem is still more affordable than most large cities across the country.

    • Winston-Salem's median two-bedroom rent of $824 is below the national average of $1,194. Nationwide, rents have grown by 0.8% over the past year compared to the 1.9% rise in Winston-Salem.
    • While Winston-Salem's rents rose slightly over the past year, many cities nationwide saw decreases, including San Francisco (-1.0%), Atlanta (-0.8%), and Denver (-0.4%).
    • Renters will find more reasonable prices in Winston-Salem than most large cities. For example, San Francisco has a median 2BR rent of $3,071, which is more than three-and-a-half times the price in Winston-Salem.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Read More

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