
Cheap Apartments for Rent in the Colonial Estates Neighborhood of Winston-Salem, NC from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Colonial Estates area of Winston-Salem.


4540-4558 June Ave

3640-3690 Yarbrough Ave

The View at 5010
Colonial Estates, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Colonial Estates?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Colonial Estates Studio Apartments | $1,181 | $905 | $1,458 |
Colonial Estates 1 Bedroom Apartments | $1,156 | $800 | $2,780 |
Colonial Estates 2 Bedroom Apartments | $1,411 | $750 | $2,931 |
Colonial Estates 3 Bedroom Apartments | $1,796 | $1,388 | $3,960 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Colonial Estates Neighborhood of Winston-Salem, NC.
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Colonial Estates, Winston-Salem, NC Local Guide
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Cheapest Available Colonial Estates Apartments for Rent
 The cheapest available apartment rental in the Colonial Estates area of Winston-Salem, NC is a 1 Bed unit found at Hunt Park Senior Apartments priced from $683. Bridgewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $705. Here are the most affordable Colonial Estates apartments for rent in Winston-Salem, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hunt Park Senior Apartments | 1 Bedroom | 1BR,1BA | $683 |
Bridgewood | 11B | 1BR,1BA | $705 |
The Cove | 11 | 1BR,1BA | $760 |
The Flats at Salem | 11 | 1BR,1BA | $765 |
The View at 5010 | 1 Bedroom 1 Bath - A | 1BR,1BA | $800 |
Best Value Apartments for Rent in Colonial Estates, NC
As of March 31, 2025 the best value apartment in the Colonial Estates area is the $1.26 price per square foot 5650 Chancellorsville Dr NW Model at 5650 Chancellorsville Dr NW in the in the North neighborhood starting from $1,595. The second greatest value Colonial Estates apartment is the Fieldstone Model at Trails At Bethabara starting at $1,388 with a $1.11 price per square foot in the North neighborhood. Here is today’s list of the best values for Colonial Estates apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
5650 Chancellorsville Dr NW | 5650 Chancellorsville Dr NW | 3BR,2BA | $1.26 |
Trails At Bethabara | Fieldstone | 3BR,2BA | $1.11 |
Lofts at Glenhaven | 2B Gold | 2BR,1.5BA | $0.98 |
Brandemere Apartment Homes | A1 - Carter | 1BR,1BA | $1.15 |
Beltway Park at Winston | Gold | 1BR,1BA | $1.25 |
Hunt Club Apartments, LLC | 1 BD 1 Bth | 1BR,1BA | $1.26 |
5225 Shattalon Dr, Unit 21 | 5225 Shattalon Dr | 2BR,1BA | $1.25 |
Hunt Park Senior Apartments | 1 Bedroom | 1BR,1BA | $1.14 |
The Flats at Salem | 11 | 1BR,1BA | $1.28 |
Bridgewood | 11B | 1BR,1BA | $1.26 |
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Pet Friendly LifestyleColonial Estates, Winston-Salem, NC
Ranked #40
Among neighborhoods in Winston-Salem, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Colonial Estates, Winston-Salem, NC
Gibson Elementary
North Forsyth High
Northwest Middle
School data provided by Great Schools
Best Local Schools in Colonial Estates, Winston-Salem, NC
Gibson Elementary
North Forsyth High
Northwest Middle
School data provided by Great Schools
Lifestyle Ratings
Our team works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Colonial Estates, Winston-Salem, and the greater Winston-Salem area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Colonial Estates Neighborhood in Winston-Salem, NC
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal 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 Colonial Estates Apartments
What is the price of a cheap apartment in Colonial Estates?
The cheapest apartment in Colonial Estates is Hunt Park Senior Apartments which is listed at $683, while the average apartment in Colonial Estates costs $1,685.
What types of apartments are the cheapest in Colonial Estates?
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 27 regular apartments in Colonial Estates 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 Colonial Estates?
Cheap apartments in Colonial Estates have an average cost of $154 which is $1,531 cheaper than the average rent for all rentals in Colonial Estates.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.