
Cheap Apartments for Rent in the Colonial Estates Neighborhood of Winston-Salem, NC from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Estates area of Winston-Salem.


Bethabara Garden Apartments

4540-4558 June Ave

3640-3690 Yarbrough Ave

The View at 5010

Vivo Apartments

Northcliffe Forest Apartments

Bethabara Village

Countryside Gardens

New Salem Village
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.

Enclave at North Point Apartments

Countryside Villa Apartments

Lofts at Glenhaven

3950 Bradford Ct, Unit C

Trails At Bethabara

Lofts at Mill Creek Apartments
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.

Hampton Court Apartments I & II

110 Vista Cir, Unit 110 C Vista Circle

Beltway Park at Winston

Hunt Club Apartments, LLC

Alaris Village

Brandemere Apartment Homes

3615-3619 Yarbrough Ave

Avera Ave Apartments
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.

3980 Bradford Ct
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Colonial Estates, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Colonial Estates?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Colonial Estates Studio Apartments | $1,015 | $845 | $1,295 |
Colonial Estates 1 Bedroom Apartments | $1,013 | $620 | $2,635 |
Colonial Estates 2 Bedroom Apartments | $1,288 | $930 | $2,270 |
Colonial Estates 3 Bedroom Apartments | $1,753 | $1,150 | $4,555 |
Colonial Estates 4 Bedroom Apartments | $2,437 | $1,875 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Colonial Estates Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
Colonial Estates, Winston-Salem, NC Local Guide
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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 Bridgewood priced from $705. The Flats at Salem has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Colonial Estates apartments for rent in Winston-Salem, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bridgewood | 11B | 1BR,1BA | $705 |
The Flats at Salem | 11 | 1BR,1BA | $765 |
SHATTALON TERRACE APARTMENTS | SHATTALON TERRACE APARTMENTS - 3-H | 1BR,1BA | $775 |
Bethabara Garden Apartments | 1BR/1.0BA | 1BR,1BA | $795 |
The View at 5010 | 1 Bedroom 1 Bath - A | 1BR,1BA | $800 |
3640-3690 Yarbrough Ave | 1 BR 1 BA | 1BR,1BA | $800 |
4540-4558 June Ave | 1BR 1BA | 1BR,1BA | $800 |
The Cove | 11 | 1BR,1BA | $805 |
Hunt Park Senior Apartments | 2 Bedroom | 2BR,1BA | $829 |
Vivo Apartments | 0 Bedroom, 1 Bathroom | Studio,1BA | $845 |
Best Value Apartments for Rent in Colonial Estates, NC
As of June 23, 2025 the best value apartment in the Colonial Estates area is the $1.23 price per square foot 3 RG Reno Painted Model at Crowne Park in the in the Northwest Winston Salem neighborhood starting from $1,635. The second greatest value Colonial Estates apartment is the B1 - Jefferson Model at Brandemere Apartment Homes starting at $1,215 with a $1.13 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Crowne Park | 3 RG Reno Painted | 3BR,2BA | $1.23 |
Brandemere Apartment Homes | B1 - Jefferson | 2BR,2BA | $1.13 |
Hampton Court Apartments I & II | 2BR/1BA | 2BR,1BA | $1.17 |
Lofts at Glenhaven | 2A Classic | 2BR,1.5BA | $1.18 |
Beltway Park at Winston | Platinum | 1BR,1BA | $1.28 |
Alaris Village | 1 Bed 1 Bath (sunroom optional) | 1BR,1BA | $1.27 |
Trails At Bethabara | Kensington | 1BR,1BA | $1.25 |
Hunt Club Apartments, LLC | 1 BD 1 Bth | 1BR,1BA | $1.29 |
SHATTALON TERRACE APARTMENTS | SHATTALON TERRACE APARTMENTS - 3-H | 1BR,1BA | $1.29 |
Bridgewood | 11B | 1BR,1BA | $1.26 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleColonial Estates, Winston-Salem, NC
Ranked #9
Among neighborhoods in Winston-Salem, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Colonial Estates, Winston-Salem, NC
Gibson Elementary
North Forsyth High
Northwest Middle
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!
Getting Around the Colonial Estates Neighborhood in Winston-Salem, NC
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Colonial Estates Apartments
What is the price of a cheap apartment in Colonial Estates?
The cheapest apartment in Colonial Estates is Bridgewood which is listed at $705, while the average apartment in Colonial Estates costs $2,249.
What types of apartments are the cheapest in Colonial Estates?
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 37 regular apartments in Colonial Estates that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Colonial Estates?
Cheap apartments in Colonial Estates have an average cost of $377 which is $1,872 cheaper than the average rent for all rentals in Colonial Estates.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.