
Cheap Homes for Rent in Colonial Estates Neighborhood of Winston-Salem, NC from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Estates area of Winston-Salem.


2350 Bethabara Rd
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.

534 Timberline Ridge Ln

210 Friendship Cir
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.
Colonial Estates, Winston-Salem, NC Local Guide

How much does it cost to rent a home in Colonial Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colonial Estates 2 Bedroom Homes for Rent | $1,350 | $1,155 | $1,500 |
| Colonial Estates 3 Bedroom Homes for Rent | $1,788 | $1,595 | $2,195 |
| Colonial Estates 4 Bedroom Homes for Rent | $2,510 | $1,695 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Colonial Estates Neighborhood of Winston-Salem, NC.
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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 Hunt Park Senior Apartments priced from $693. SHATTALON TERRACE APARTMENTS 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunt Park Senior Apartments | 1 Bedroom | 1BR,1BA | $693 |
| SHATTALON TERRACE APARTMENTS | SHATTALON TERRACE APARTMENTS - 4-J | 1BR,1BA | $750 |
| Bethabara Garden Apartments | 1BR/1.0BA | 1BR,1BA | $795 |
Best Value Apartments for Rent in Colonial Estates, NC
As of December 27, 2025 the best value apartment in the Colonial Estates area is the $1.14 price per square foot The Plaza Deluxe-Renovated Model at New Salem Village in the in the Northwest Winston Salem neighborhood starting from $1,200. The second greatest value Colonial Estates apartment is the TWO BEDROOM TOWN HOME Model at Countryside Villa Apartments starting at $1,134 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. |
|---|---|---|---|
| New Salem Village | The Plaza Deluxe-Renovated | 2BR,1.5BA | $1.14 |
| Countryside Villa Apartments | TWO BEDROOM TOWN HOME | 2BR,1.5BA | $1.13 |
| Bethabara Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.91 |
| Hampton Court Apartments I & II | 2BR/1BA | 2BR,1BA | $1.17 |
| Providence Pointe | one bedroom/ one bath | 1BR,1BA | $1.24 |
| 3950 Bradford Ct, Unit D | 3950 Bradford Ct | 1BR,1BA | $1.13 |
| 100 Powers Rd, Unit 2 | 100 Powers Rd | 2BR,1BA | $1.06 |
| Trails At Bethabara | Kensington | 1BR,1BA | $1.24 |
| SHATTALON TERRACE APARTMENTS | SHATTALON TERRACE APARTMENTS - 4-J | 1BR,1BA | $1.25 |
| Hunt Park Senior Apartments | 1 Bedroom | 1BR,1BA | $1.16 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleColonial Estates, Winston-Salem, NC
Ranked #40
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Colonial Estates, Winston-Salem, NC
Gibson Elementary
North Forsyth High
Northwest Middle
School data provided by Great Schools
Frequently Asked Questions about Colonial Estates
What type of rentals are currently available in Colonial Estates?
There are currently 95 Apartments for Rent in Colonial Estates, NC with pricing that ranges from $699 to $3,600. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Estates ranging from $795 to $3,300.
What is the current price range for Rental Homes in Colonial Estates?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Estates ranges from $795 to $3,300 with an average monthly rent of $1,652.
How much are larger Three and Four Bedroom Rentals in Colonial Estates?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Colonial Estates range from $1,170 to $2,125, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,195. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $900.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


