Cheap Apartments for Rent in the Dreamland Neighborhood of Winston-Salem, NC from $500 (31 Rentals)

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

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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Fairview Landing
1 Bedroom Apartments

Fairview Landing

1120 Burke Village LnWinston-Salem, NC 27105
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Colony Place Apartments
1 to 3 Bedroom Apartments

Colony Place Apartments

900 N Cleveland AveWinston-Salem, NC 27101
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Aster Park Apartments
2 Bedroom Apartments

Aster Park Apartments

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

Hillside Gardens

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

555 East Apartment Homes

555 N Martin Luther King Jr DrWinston-Salem, NC 27101
  • Utilities Included

Navigating 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.

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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 $600. Kensington Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here are the most affordable Dreamland apartments for rent in Winston-Salem, NC:

Apartment ListingModel NameBed/BathPriced From
Northwood Apartments1 Bedroom, 1 Bath2BR,1BA$600
Kensington VillageThe Saville1BR,1BA$820
Crestwood Gardens Apartments2 Bed/ 1 Bath2BR,1BA$999
Chatham Place Apartments1 Bed / 1 Bath1BR,1BA$1,000
Hilltop HouseA41BR,1BA$1,099
Lofts at Whitaker ParkThe Salem1BR,1BA$1,447
Link Apartments® Innovation QuarterS21BR,1BA$1,485
Village Lofts of Winston-Salem2 Bed / 2 Bath2BR,2BA$1,500
50 West Fourth Residences2 Beds, 2 Baths2BR,2BA$1,525

Best Value Apartments for Rent in Dreamland, NC

As of May 31, 2025 the best value apartment in the Dreamland area is the $1.55 price per square foot Rivera Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,600. The second greatest value Dreamland apartment is the 2 Beds, 2 Baths Model at 50 West Fourth Residences starting at $1,525 with a $1.64 price per square foot in the South Central 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$1.55
50 West Fourth Residences2 Beds, 2 Baths2BR,2BA$1.64
Village Lofts of Winston-Salem2 Bed / 2 Bath2BR,2BA$1.62
Plant 64 Apartment Homes1P21BR,1BA$2.15
Crestwood Gardens ApartmentsCottage 3 Bed / 1 Bath3BR,1BA$1.37
1225 New Hope Ln, Unit B1225 New Hope Ln2BR,1BA$1.06
Winston Factory LoftsSUITE 213A, 413A, 513A1BR,1BA$2.19
Northwood Apartments2BR/1.0BA2BR,1BA$1.00
Hilltop HouseA31BR,1BA$1.80
Kensington VillageThe Saville1BR,1BA$1.54

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Dreamland, Winston-Salem, NC

Ranked #42

Among neighborhoods in Winston-Salem, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Dreamland, Winston-Salem, NC

School data provided by Great Schools

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Dreamland Apartments

What is the price of a cheap apartment in Dreamland?

The cheapest apartment in Dreamland is Kensington Village which is listed at $820, while the average apartment in Dreamland costs $2,530.

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 12 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 $468 which is $2,062 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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.