
Cheap Homes for Rent in the Colonial Estates Neighborhood of Winston-Salem, NC from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Colonial Estates area of Winston-Salem.


133 Columbine Dr

1424 Brookwood Dr

1424 Brookwood Dr

6127 Old Plank Rd
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.

1064 Hickory Glen Rd

1102 Aspen Wood Ct

4455 Brassfield Dr

3761 Avera Ave, Unit 12 - 3759 Avera Ave

213 Timberline Ridge Ct, Unit 213 Timberline
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 | $1,309 | $1,100 | $1,700 |
| Colonial Estates 3 Bedroom Homes for Rent | $1,810 | $1,150 | $2,375 |
| Colonial Estates 4 Bedroom Homes for Rent | $1,890 | $1,880 | $1,900 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 $694. 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 | $694 |
| SHATTALON TERRACE APARTMENTS | SHATTALON TERRACE APARTMENTS - 3-G | 1BR,1BA | $750 |
| Countryside Gardens | 1 Bed / 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Colonial Estates, NC
As of July 15, 2026 the best value apartment in the Colonial Estates area is the $1.02 price per square foot 2 bed classic Model at Lofts at Glenhaven in the in the Northwest Winston Salem neighborhood starting from $1,117. The second greatest value Colonial Estates apartment is the B - Wilson Model at Brandemere Apartment Homes starting at $1,176 with a $1.14 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. |
|---|---|---|---|
| Lofts at Glenhaven | 2 bed classic | 2BR,2BA | $1.02 |
| Brandemere Apartment Homes | B - Wilson | 2BR,2BA | $1.14 |
| Bethabara Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.16 |
| Providence Pointe | one bedroom/ one bath | 1BR,1BA | $1.31 |
| Beltway Park at Winston | Platinum | 1BR,1BA | $1.32 |
| Alaris Village | 1 Bed 1 Bath (sunroom optional) | 1BR,1BA | $1.29 |
| Trails At Bethabara | Kensington | 1BR,1BA | $1.25 |
| Countryside Villa Apartments | 1BR - 1BTH | 1BR,1BA | $1.31 |
| SHATTALON TERRACE APARTMENTS | SHATTALON TERRACE APARTMENTS - 3-G | 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 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 #44
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 77 Apartments for Rent in Colonial Estates, NC with pricing that ranges from $795 to $2,475. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Estates ranging from $1,100 to $2,375.
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 $1,100 to $2,375 with an average monthly rent of $1,539.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.