
Cheap Apartments for Rent in the Dreamland Neighborhood of Winston-Salem, NC from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Dreamland area of Winston-Salem.


225 N Jackson Ave

200 High St

1447 Clark Ave

Kensington Village

1396 Chestnut Plains Ct

1398 Chestnut Plains Ct
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.

Total Monthly Price
2425-2445 Old Greensboro Rd

110 S Marshall St

415 E Twenty-Seventh St

Crestview Gardens

2560 Ladeara Crest Ln

2560 Ladeara Crest Ln

1004 Camel Heights Dr
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.

Total Monthly Price
Hilltop House

2230 Greenway Ave NW

Village Lofts Apartments

2240 Flag St

116 S Marshall St

3635 Hemlock Dr

2560 Ladeara Crest Ln
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.

Fairview Landing

The Villas at Park Terrace

Olde North Village Apartments

Colony Place Apartments

401 E Twenty-Fifth St

Northwood Apartments

1350 N Chestnut St
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.

555 East Apartments

1644 Twenty-Second St

1413 E 23rd St
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 | $1,351 | $1,175 | $1,527 |
| Dreamland 1 Bedroom Apartments | $1,502 | $795 | $2,050 |
| Dreamland 2 Bedroom Apartments | $1,794 | $695 | $3,499 |
| Dreamland 3 Bedroom Apartments | $2,326 | $1,099 | $3,528 |
Browse Apartments in this Neighborhood
There are currently 31 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
- Nearby Winston-Salem neighborhoods
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northwood Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $740 |
| Kensington Village | The Saville | 1BR,1BA | $850 |
| 2425-2445 Old Greensboro Rd | 2 Bedroom | 2BR,1BA | $990 |
| Crestview Gardens | 2 Bed/ 1 Bath | 2BR,1BA | $999 |
| Hilltop House | A3 | 1BR,1BA | $1,019 |
| Village Lofts Apartments | 1BR/1.0BA | 1BR,1BA | $1,080 |
| Skyview Townhomes | 2 Bedroom | 2BR,1BA | $1,200 |
| Brown School Lofts at Legacy Heights | 1 Bedroom Garden | 1BR,1BA | $1,275 |
| The Artreaux | A1.0 | 1BR,1BA | $1,300 |
| Chatham Place Apartments | 1BR/1.0BA | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Dreamland, NC
As of March 22, 2026 the best value apartment in the Dreamland area is the $1.55 price per square foot Kahlo Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,515. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gallery Lofts | Kahlo | 1BR,1BA | $1.55 |
| 2425-2445 Old Greensboro Rd | 2 Bedroom | 2BR,1BA | $1.10 |
| Winston Factory Lofts | UNIT 105B, 205B, 305B, 405B, 505B | 2BR,2BA | $1.98 |
| Chatham Place Apartments | 1BR/1.0BA | 1BR,1BA | $1.78 |
| Crestview Gardens | 2 Bed/ 1 Bath | 2BR,1BA | $1.31 |
| Village Lofts Apartments | 2BR/1.0BA | 2BR,1BA | $2.01 |
| Brown School Lofts at Legacy Heights | 1 Bedroom Garden | 1BR,1BA | $1.92 |
| Hilltop House | A4 | 1BR,1BA | $1.85 |
| Kensington Village | The Saville | 1BR,1BA | $1.60 |
| Northwood Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.62 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 $2,400.
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 28 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 $588 which is $1,812 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.