
Cheap Homes for Rent in Colonial Estates Neighborhood of Winston-Salem, NC from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Estates area of Winston-Salem.


1453 Brookwood Dr
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.

1445 Brookwood Dr

133 Columbine Dr
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.
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 | $1,276 | $1,095 | $1,500 |
| Colonial Estates 3 Bedroom Homes for Rent | $1,907 | $1,795 | $2,020 |
| Colonial Estates 4 Bedroom Homes for Rent | $2,051 | $1,900 | $2,325 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Colonial Estates, NC
As of May 31, 2026 the best value apartment in the Colonial Estates area is the $1.05 price per square foot SHATTALON TERRACE APARTMENTS - 7-F Model at SHATTALON TERRACE APARTMENTS in the in the North neighborhood starting from $850. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| SHATTALON TERRACE APARTMENTS | SHATTALON TERRACE APARTMENTS - 7-F | 2BR,1BA | $1.05 |
| Hampton Court Apartments I & II | 2BR/1BA | 2BR,1BA | $1.17 |
| Lofts at Glenhaven | 2 bed gold | 2BR,2BA | $1.26 |
| Providence Pointe | one bedroom/ one bath | 1BR,1BA | $1.31 |
| Beltway Park at Winston | Platinum | 1BR,1BA | $1.25 |
| Alaris Village | 1 Bed 1 Bath (sunroom optional) | 1BR,1BA | $1.33 |
| Trails At Bethabara | Kensington | 1BR,1BA | $1.30 |
| Countryside Villa Apartments | 1BR - 1BTH | 1BR,1BA | $1.31 |
| Brandemere Apartment Homes | A - Tucker | 1BR,1BA | $1.30 |
| 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 #54
Among cities in North Carolina 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
Frequently Asked Questions about Colonial Estates
What type of rentals are currently available in Colonial Estates?
There are currently 87 Apartments for Rent in Colonial Estates, NC with pricing that ranges from $699 to $2,475. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Estates ranging from $1,095 to $2,325.
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 $1,095 to $2,325 with an average monthly rent of $1,744.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.

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.