Cheap Apartments for Rent in the Dreamland Neighborhood of Winston-Salem, NC from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 412 W 1st St

$795 - $995

1 Bedroom Rentals

Available Now

412 W 1st St

Winston-SalemNC27101

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Hilltop House
Rent Specials
$1,082 - $1,353
Total Monthly Price

Total Monthly Price

Base Rent
$1,082 - $1,353
Total Monthly Price
$1,082 - $1,353
1 to 2 Bedroom Apartments Available Aug 12

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
  • Utilities Included
close
View Me
Fairview Landing
1 to 2 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
  • Utilities Included
close
View Me
Northwood Apartments
1 to 3 Bedroom Apartments

Northwood Apartments

105 NE Inverness StWinston-Salem, NC 27105
close
View Me
1350 N Chestnut St
2 Bedroom Apartments

1350 N Chestnut St

1350 N Chestnut StWinston-Salem, NC 27105

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.

Read Article
close
View Me
555 East Apartments
2 Bedroom Apartments

555 East Apartments

555 N Martin Luther King Jr DrWinston-Salem, NC 27101
  • Utilities Included
close
View Me
Aster Park Apartments
1 to 4 Bedroom Apartments

Aster Park Apartments

1620 Hope LnWinston-Salem, NC 27105
  • Utilities Included

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.

Read Article
Showing Results 1-41, Page 1 of 1

Dreamland, Winston-Salem, NC Local Guide

Cheapest Available Dreamland Apartments for Rent

 

The cheapest available apartment rental in the Dreamland area of Winston-Salem, NC is a 1 Bed unit found at Northwood Apartments priced from $740. Crestwood Gardens has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Dreamland apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$740
Crestwood Gardens1 Bed/1 Bath1BR,1BA$825
Kensington VillageThe Saville1BR,1BA$910
Village Lofts0BR/1.0BAStudio,1BA$950
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$990
Skyview Townhomes2 Bedroom2BR,1BA$1,200
Brown School Lofts1 Bdrm Garden, 660 SqFt, Market,1BR,1BA$1,275
Plant 64 Apartment Homes1K1BR,1BA$1,314
Lofts at Whitaker ParkThe Capri in Building 2-11BR,1BA$1,549
Winston Factory LoftsSUITE 213A, 413A, 513A1BR,1BA$1,595

Best Value Apartments for Rent in Dreamland, NC

As of July 27, 2026 the best value apartment in the Dreamland area is the $1.51 price per square foot Miro Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $2,120. The second greatest value Dreamland apartment is the The Skybox Terrace Penthouse Model at Lofts at Whitaker Park starting at $2,500 with a $1.81 price per square foot in the Northeast Winston Salem neighborhood. Here is today’s list of the best values for Dreamland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery LoftsMiro2BR,2BA$1.51
Lofts at Whitaker ParkThe Skybox Terrace Penthouse2BR,2BA$1.81
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
50 West Fourth ResidencesApt 1042BR,2BA$1.84
Crestwood GardensCottage 3 Bed / 1 Bath3BR,1BA$1.41
1606 N Patterson Ave, Unit 1604 D N Patterson Ave1606 N Patterson Ave2BR,1BA$1.28
Winston Factory LoftsSUITE 213A, 413A, 513A1BR,1BA$2.19
Brown School Lofts1 Bdrm Garden, 660 SqFt, Market,1BR,1BA$1.93
Kensington VillageThe Saville1BR,1BA$1.71
Northwood Apartments1 Bedroom, 1 Bath1BR,1BA$1.62

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Dreamland, Winston-Salem, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap Dreamland Apartments

What is the price of a cheap apartment in Dreamland?

The cheapest apartment in Dreamland is Northwood Apartments which is listed at $740, while the average apartment in Dreamland costs $2,145.

What types of apartments are the cheapest in Dreamland?

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 24 regular apartments in Dreamland 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 Dreamland?

Cheap apartments in Dreamland have an average cost of $848 which is $1,297 cheaper than the average rent for all rentals in Dreamland.

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 Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.