
Cheap Apartments for Rent in the Dreamland Neighborhood of Winston-Salem, NC from $575 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Dreamland area of Winston-Salem.


1396 Chestnut Plains Ct

1395 Chestnut Plains Ct

Kensington Village

Crestwood Gardens

1398 Chestnut Plains Ct

221 W Twenty-Third St

317 W Twenty-Third St
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.

2560 Ladeara Crest Ln, Unit 2508-1

1926 Kentucky Ave

Village Lofts

861 Camel Ave

Total Monthly Price
Hilltop House

Chatham Place Apartments

Total Monthly Price
1606 N Patterson Ave, Unit 1614 N Patterson Ave

3410 Old Greensboro Rd
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.

2560 Ladeara Crest Ln, Unit 1804

409 W 1st St, Unit 1

Link Apartments® Innovation Quarter

The Villas at Park Terrace

Olde North Village Apartments

Andrews Heights Apartments

Colony Place Apartments

Fairview Landing
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.

Northwood Apartments

720001- 513-525 S. GREEN STREET

224 N Dunleith Ave

2931 Old Greensboro Rd

1350 N. Chestnut St.

555 East Apartments

2305 Booker St

2425-2445 Old Greensboro 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.

Aster Park Apartments

117 Wheeler St

406 E 17th St

3054 Indiana Ave

1820 Maryland Ave

1602 E 23rd St

124 E 14th St

2707 Reynolds Park Rd
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.

1451 Emerald St

Skyview Townhomes
Dreamland, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Dreamland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dreamland Studio Apartments | $1,575 | $1,487 | $1,666 |
| Dreamland 1 Bedroom Apartments | $1,473 | $910 | $2,055 |
| Dreamland 2 Bedroom Apartments | $1,951 | $825 | $3,692 |
| Dreamland 3 Bedroom Apartments | $1,700 | $1,025 | $3,775 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Dreamland Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
Dreamland, Winston-Salem, NC Local Guide
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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. 720001- 513-525 S. GREEN STREET has the second lowest priced unit, which is a 2 Beds apartment currently listed from $845. Here are the most affordable Dreamland apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northwood Apartments | 1 Bedroom, 1 Bath | 1BR, 1BA | $740 |
| 720001- 513-525 S. GREEN STREET | 2BR/1.0BA | 2BR, 1BA | $845 |
| 1350 N. Chestnut St. | 1BR/1.0BA | 1BR, 1BA | $895 |
| Kensington Village | The Saville | 1BR, 1BA | $910 |
| Crestwood Gardens | 2 Bed/ 1 Bath | 2BR, 1BA | $925 |
| Village Lofts | 1BR/1.0BA | 1BR, 1BA | $1,035 |
| Chatham Place Apartments | 1BR/1.0BA | 1BR, 1BA | $1,090 |
| Link Apartments® Innovation Quarter | S2 | 1BR, 1BA | $1,181 |
| Hilltop House | A4 | 1BR, 1BA | $1,228 |
Best Value Apartments for Rent in Dreamland, NC
As of September 22, 2026 the best value apartment in the Dreamland area is the $1.59 price per square foot Miro Model at Gallery Lofts in the Downtown Winston Salem neighborhood starting from $2,220. The second greatest value Dreamland apartment is the UNIT 207B, 311B, 408B, 509B Model at Winston Factory Lofts in the Downtown Winston Salem neighborhood starting at $1,815 with a $1.96 price per square foot. Here is today’s list of the best values for Dreamland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gallery Lofts | Miro | 2BR, 2BA | $1.59 |
| Winston Factory Lofts | UNIT 207B, 311B, 408B, 509B | 2BR, 2BA | $1.96 |
| 1225 New Hope Ln, Unit D | 1225 New Hope Ln | 2BR, 1BA | $1.03 |
| Chatham Place Apartments | 1BR/1.0BA | 1BR, 1BA | $1.38 |
| Crestwood Gardens | 2 Bed/ 1 Bath | 2BR, 1BA | $1.22 |
| Lofts at Whitaker Park | The Kool | 1BR, 1BA | $1.97 |
| Brown School Lofts | 1 Bdrm Garden, 660 SqFt, Market, | 1BR, 1BA | $1.93 |
| Hilltop House | A4 | 1BR, 1BA | $1.95 |
| Kensington Village | The Saville | 1BR, 1BA | $1.71 |
| Northwood Apartments | 1 Bedroom, 1 Bath | 1BR, 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Dreamland, Winston-Salem, NC
Ashley Elementary
The Downtown School
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 $1,588.
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 34 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 $947 which is $641 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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.