Cheap Apartments for Rent in the Dreamland Neighborhood of Winston-Salem, NC from $500 (39 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 2351 Felicity Cir

2351 Felicity Cir

Winston-SalemNC27101
property at 2721 Ivy Ave

2721 Ivy Ave

Winston-SalemNC27105

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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Fairview Landing
1 to 2 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
  • Utilities Included
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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
  • Utilities Included

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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Northwood Apartments
2 to 3 Bedroom Apartments

Northwood Apartments

105 NE Inverness StWinston-Salem, NC 27105
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Aster Park Apartments
1 to 4 Bedroom Apartments

Aster Park Apartments

1620 Hope LnWinston-Salem, NC 27105
  • Utilities Included
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Hillside Gardens
2 Bedroom Apartments

Hillside Gardens

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

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.

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 2 Beds unit found at Northwood Apartments priced from $675. Kensington Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here are the most affordable Dreamland apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Northwood Apartments2BR/1.0BA2BR,1BA$675
Kensington VillageThe Lancaster2BR,1BA$925
Privately Owned Crestwood Gardens!2 Bed/ 1 Bath2BR,1BA$999
Village Lofts Apartments0BR/1.0BAStudio,1BA$1,000
Chatham Place Apartments1BR/1.0BA1BR,1BA$1,000
Link Apartments® 4th StreetA11BR,1BA$1,199
Link Apartments® Innovation QuarterS21BR,1BA$1,211
50 West Fourth Residences1 Beds, 1 Baths1BR,1BA$1,275
Brown School Lofts at Legacy Heights1 Bedroom Garden1BR,1BA$1,275
The ArtreauxA3.2Studio,1BA$1,299

Best Value Apartments for Rent in Dreamland, NC

As of November 02, 2025 the best value apartment in the Dreamland area is the $1.39 price per square foot Calder Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,915. The second greatest value Dreamland apartment is the TH1.0 Model at The Artreaux starting at $2,993 with a $2.41 price per square foot in the Downtown 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 LoftsCalder2BR,2BA$1.39
The ArtreauxTH1.02BR,2.5BA$2.41
Privately Owned Crestwood Gardens!Cottage 3 Bed / 1 Bath3BR,1BA$1.37
Lofts at Whitaker ParkThe Kool1BR,1BA$2.34
Kensington VillageThe Lancaster2BR,1BA$1.31
Plant 64 Apartment Homes1K1BR,1BA$2.04
Northwood Apartments2BR/1.0BA2BR,1BA$1.00
Brown School Lofts at Legacy Heights1 Bedroom Garden1BR,1BA$1.92
50 West Fourth Residences1 Beds, 1 Baths1BR,1BA$2.14
Village Lofts Apartments0BR/1.0BAStudio ,1BA$2.39

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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.

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Pet Friendly Lifestyle
Dreamland, Winston-Salem, NC

Ranked #53

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Dreamland Neighborhood in Winston-Salem, NC

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Dreamland Apartments

What is the price of a cheap apartment in Dreamland?

The cheapest apartment in Dreamland is Chatham Place Apartments which is listed at $1,000, while the average apartment in Dreamland costs $2,352.

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 52 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 $757 which is $1,595 cheaper than the average rent for all rentals in Dreamland.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.