
Cheap Homes for Rent in Dreamland Neighborhood of Winston-Salem, NC from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Dreamland area of Winston-Salem.


856 N Cameron Ave

2601 Machine St

2560 La Deara Crest Ln, Unit 1804

2560 La Deara Crest Ln, Unit 1808
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.

2560 La Deara Crest Ln, Unit 2556

1405 Bethlehem Ln

1242 Addison Ave

1514 E 1st St

4008 Leo St
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.

1654 E 23rd St

809 N Graham Ave

2701 Patrick Ave

9 30th St

119 N Dunleith Ave
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.
Dreamland, Winston-Salem, NC Local Guide

How much does it cost to rent a home in Dreamland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dreamland 2 Bedroom Homes for Rent | $1,388 | $1,045 | $2,200 |
| Dreamland 3 Bedroom Homes for Rent | $1,549 | $1,095 | $3,800 |
| Dreamland 4 Bedroom Homes for Rent | $1,763 | $1,425 | $2,169 |
| Dreamland 5 Bedroom Homes for Rent | $1,849 | $1,849 | $1,849 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Dreamland Neighborhood of Winston-Salem, NC.
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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. 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 |
| 50 West Fourth Residences | 0 Beds, 1 Baths | Studio,1BA | $1,175 |
| Hilltop House | A4 | 1BR,1BA | $1,179 |
Best Value Apartments for Rent in Dreamland, NC
As of May 30, 2026 the best value apartment in the Dreamland area is the $1.51 price per square foot O'Keefe Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,705. 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 | O'Keefe | 1BR,1BA | $1.51 |
| 2425-2445 Old Greensboro Rd | 2 Bedroom | 2BR,1BA | $1.10 |
| Village Lofts Apartments | 2BR/2.0BA | 2BR,2BA | $1.89 |
| 1225 New Hope Ln, Unit D | 1225 New Hope Ln | 2BR,1BA | $1.03 |
| Lofts at Whitaker Park | The Tareyton | 1BR,1BA | $2.08 |
| Brown School Lofts | 1 Bdrm Garden, 660 SqFt, Market, | 1BR,1BA | $1.93 |
| Hilltop House | A5 | 1BR,1BA | $2.07 |
| Winston Factory Lofts | UNIT 209B, 313B, 410B, 511B | 1BR,1BA | $2.28 |
| Kensington Village | The Saville | 1BR,1BA | $1.60 |
| 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 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 Dreamland
What type of rentals are currently available in Dreamland?
There are currently 94 Apartments for Rent in Dreamland, NC with pricing that ranges from $695 to $3,954. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dreamland ranging from $850 to $3,800.
What is the current price range for Rental Homes in Dreamland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Dreamland ranges from $850 to $3,800 with an average monthly rent of $1,479.
How much are larger Three and Four Bedroom Rentals in Dreamland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Dreamland range from $1,025 to $3,954, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,972.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.

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.