
Cheap 2 Bedroom Apartments for Rent in the Innovation Quarter Neighborhood of Winston-Salem, NC from $695 (8 Rentals)


515 N Martin Luther King Jr Dr

630 Mulberry St SW

632 Mulberry St SW
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.

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Hilltop House

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Gateway Apartments

Colony Place Apartments

555 East Apartments
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Innovation Quarter, Winston-Salem, NC Local Guide

How much does it cost to rent an apartment in Innovation Quarter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Innovation Quarter Studio Apartments | $1,368 | $1,175 | $1,562 |
| Innovation Quarter 1 Bedroom Apartments | $1,484 | $895 | $2,030 |
Innovation Quarter 2 Bedroom Apartments | $2,007 | $695 | $3,658 |
| Innovation Quarter 3 Bedroom Apartments | $2,534 | $1,800 | $3,918 |
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Frequently Asked Questions about Cheap Innovation Quarter Apartments
What is the price of a cheap apartment in Innovation Quarter?
The cheapest apartment in Innovation Quarter is Gateway Apartments which is listed at $1,500, while the average apartment in Innovation Quarter costs $2,150.
What types of apartments are the cheapest in Innovation Quarter?
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 15 regular apartments in Innovation Quarter 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 Innovation Quarter?
Cheap apartments in Innovation Quarter have an average cost of $626 which is $1,524 cheaper than the average rent for all rentals in Innovation Quarter.
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

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.

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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.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.