Cheap Apartments for Rent in the Colonial Estates Neighborhood of Winston-Salem, NC from $500 (46 Rentals)

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

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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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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Abbington Gardens
2 to 4 Bedroom Apartments

Abbington Gardens

5335 Nita DrWinston-Salem, NC 27105
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Reynolds Townhomes
Studio to 2 Bedroom Apartments

Reynolds Townhomes

3844 Wabash BlvdWinston-Salem, NC 27106
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Mountain Lodge
1 Bedroom Apartments

Mountain Lodge

3895 Bethania Station RdWinston-Salem, NC 27106
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St. Armand's At Old Town
1 to 2 Bedroom Apartments

St. Armand's At Old Town

3640-3690 Yarbrough AveWinston-Salem, NC 27106
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Bridgewood
1 to 2 Bedroom Apartments

Bridgewood

5270 Indiana AveWinston-Salem, NC 27106
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3630 Yarbrough Ave
2 Bedroom Apartments

3630 Yarbrough Ave

3630 Yarbrough AveWinston-Salem, NC 27106
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Colonial Estates
1 to 2 Bedroom Apartments

Colonial Estates

3907 Bethania Station RdWinston-Salem, NC 27106
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Flats at Salem
1 to 2 Bedroom Apartments

The Flats at Salem

2500 Towergate CirWinston-Salem, NC 27106
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4540-4558 June Ave
1 Bedroom Apartments

4540-4558 June Ave

4540-4558 June AveWinston-Salem, NC 27106
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Pine Ridge at Reynolda
Studio to 2 Bedroom Apartments

Pine Ridge at Reynolda

2745 Basswood CtWinston-Salem, NC 27106
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Pine Valley
2 to 3 Bedroom Apartments

Pine Valley

5300 Countryside DrWinston-Salem, NC 27105
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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.

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Showing Results 1-46, Page 1 of 1

Colonial Estates, Winston-Salem, NC Local Guide

Cheapest Available Colonial Estates Apartments for Rent

 

The cheapest available apartment rental in the Colonial Estates area of Winston-Salem, NC is a 1 Bed unit found at Hunt Park Senior Apartments priced from $694. Countryside Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Colonial Estates apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Hunt Park Senior Apartments1 Bedroom1BR,1BA$694
Countryside Gardens1 Bed / 1 Bath1BR,1BA$750
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 3-G1BR,1BA$750
Bethabara Garden Apartments1BR/1.0BA1BR,1BA$795
The View at 50101 Bedroom 1 Bath - A1BR,1BA$820
Lofts at Glenhaven1A Classic1BR,1BA$850
4233 Brownsboro Rd42391BR,1BA$875
Brandemere Apartment HomesA - Tucker1BR,1BA$887
Northcliffe Forest ApartmentsS3R - Studio1BR,1BA$891

Best Value Apartments for Rent in Colonial Estates, NC

As of May 06, 2026 the best value apartment in the Colonial Estates area is the $1.07 price per square foot Cobblestone Model at Trails At Bethabara in the in the Northwest Winston Salem neighborhood starting from $1,084. The second greatest value Colonial Estates apartment is the 2BR/1BA Model at Hampton Court Apartments I & II starting at $950 with a $1.17 price per square foot in the Northwest Winston Salem neighborhood. Here is today’s list of the best values for Colonial Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trails At BethabaraCobblestone2BR,2BA$1.07
Hampton Court Apartments I & II2BR/1BA2BR,1BA$1.17
Providence Pointeone bedroom/ one bath1BR,1BA$1.31
3950 Bradford Ct3950 Bradford Ct1BR,1BA$1.22
Beltway Park at WinstonPlatinum1BR,1BA$1.25
Countryside Villa Apartments1BR - 1BTH1BR,1BA$1.38
Brandemere Apartment HomesA - Tucker1BR,1BA$1.27
Bethabara Village1 Bed 1 Bath1BR,1BA$1.21
Hunt Park Senior Apartments1 Bedroom1BR,1BA$1.16
SHATTALON TERRACE APARTMENTSSHATTALON TERRACE APARTMENTS - 3-G1BR,1BA$1.25

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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Pet Friendly Lifestyle
Colonial Estates, Winston-Salem, NC

Ranked #56

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
Colonial Estates, Winston-Salem, NC

School data provided by Great Schools

Lifestyle Ratings

Our team works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Colonial Estates, Winston-Salem, and the greater Winston-Salem area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Colonial Estates Apartments

How much is rent for a Cheap One Bedroom Colonial Estates Apartment?

The lowest price for a Cheap One Bedroom Colonial Estates Apartment is $694 at Hunt Park Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Colonial Estates Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Colonial Estates is starting from $831 at Hunt Park Senior Apartments.

What is the most affordable Colonial Estates Three Bedroom Apartment?

The best deal on a cheap Colonial Estates Three Bedroom Apartment rental is at The View at 5010 and starts from $1,170.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.