Cheap Apartments for Rent in the Dreamland Neighborhood of Winston-Salem, NC from $500 (43 Rentals)

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

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.

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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.

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Hilltop House
$1,048 - $1,690
Total Monthly Price

Total Monthly Price

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$1,048 - $1,690
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Hilltop House

241 S Cherry StWinston-Salem, NC 27101
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Cash 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.

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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

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

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
  • Utilities Included

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.

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Northwood Apartments
1 to 3 Bedroom Apartments

Northwood Apartments

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

1350 N Chestnut St

1350 N Chestnut StWinston-Salem, NC 27105
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555 East Apartments
2 Bedroom Apartments

555 East Apartments

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

Aster Park Apartments

1620 Hope LnWinston-Salem, NC 27105
  • Utilities Included

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.

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Showing Results 1-43, 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. Kensington Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. 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
Kensington VillageThe Saville1BR,1BA$850
Crestwood Gardens2 Bed/ 1 Bath2BR,1BA$925
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$990
Hilltop HouseA41BR,1BA$1,179
Skyview Townhomes2 Bedroom2BR,1BA$1,200
Village Lofts Apartments1BR/1.0BA1BR,1BA$1,220
Brown School Lofts1 Bdrm Garden, 664 SqFt, Market,1BR,1BA$1,275
Plant 64 Apartment Homes1K1BR,1BA$1,314

Best Value Apartments for Rent in Dreamland, NC

As of May 08, 2026 the best value apartment in the Dreamland area is the $1.53 price per square foot Rivera Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,575. The second greatest value Dreamland apartment is the 2 Bedroom Model at 2425-2445 Old Greensboro Rd starting at $990 with a $1.10 price per square foot in the East 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 LoftsRivera1BR,1BA$1.53
2425-2445 Old Greensboro Rd2 Bedroom2BR,1BA$1.10
Village Lofts Apartments2BR/2.0BA2BR,2BA$1.89
1225 New Hope Ln, Unit D1225 New Hope Ln2BR,1BA$1.03
Crestwood GardensCottage 3 Bed / 1 Bath3BR,1BA$1.41
Lofts at Whitaker ParkThe Tareyton1BR,1BA$2.08
Brown School Lofts1 Bdrm Garden, 660 SqFt, Market,1BR,1BA$1.93
Hilltop HouseA51BR,1BA$2.07
Kensington VillageThe Saville1BR,1BA$1.60
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.

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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.

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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 $2,137.

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 22 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 $858 which is $1,279 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

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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.