1321 Cunningham St
Winston-SalemNC27107
Cheap Apartments for Rent in the Innovation Quarter Neighborhood of Winston-Salem, NC from $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Innovation Quarter area of Winston-Salem.
1327 Cunningham St
Winston-SalemNC27107
525 N Martin Luther King Jr Dr
Winston-SalemNC27101
111 S Spruce St
Winston-SalemNC27101
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$1,019 - $1,7301 to 2 Bedroom Apartments Available Now
Hilltop House
241 S Cherry StWinston-Salem, NC 27101
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$1,120 - $1,6001 to 2 Bedroom Apartments Available Now
Village Lofts Apartments
511 N Cherry StWinston-Salem, NC 27101
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.
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920 N Jackson Ave
Winston-SalemNC27101
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1325 Gholson Ave S East
Winston-SalemNC27107
720 Alexander St
Winston-SalemNC27127
1209 3rd St E
Winston-SalemNC27101
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.
114 N Jackson Ave
Winston-SalemNC27101
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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 | $1,359 | $1,344 | $1,374 |
| Innovation Quarter 1 Bedroom Apartments | $1,443 | $895 | $1,905 |
| Innovation Quarter 2 Bedroom Apartments | $1,979 | $695 | $3,709 |
| Innovation Quarter 3 Bedroom Apartments | $3,229 | $2,850 | $3,613 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Innovation Quarter Neighborhood of Winston-Salem, NC.
See all Apartments in Winston-SalemExplore Winston-Salem
Innovation Quarter, Winston-Salem, NC Local Guide
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Cheapest Available Innovation Quarter Apartments for Rent
The cheapest available apartment rental in the Innovation Quarter area of Winston-Salem, NC is a 1 Bed unit found at Village Lofts Apartments priced from $1,120. Hilltop House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,190. Here are the most affordable Innovation Quarter apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Lofts Apartments | 1BR/1.0BA | 1BR,1BA | $1,120 |
| Hilltop House | A4 | 1BR,1BA | $1,190 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1,300 |
| The Artreaux | A1.0 | 1BR,1BA | $1,304 |
| Plant 64 Apartment Homes | 1K | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Innovation Quarter, NC
As of December 05, 2025 the best value apartment in the Innovation Quarter area is the $1.51 price per square foot Kahlo Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,480. The second greatest value Innovation Quarter apartment is the SUITE 107A Model at Winston Factory Lofts starting at $1,640 with a $1.86 price per square foot in the Downtown Winston Salem neighborhood. Here is today’s list of the best values for Innovation Quarter apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gallery Lofts | Kahlo | 1BR,1BA | $1.51 |
| Winston Factory Lofts | SUITE 107A | 1BR,1.5BA | $1.86 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1.68 |
| Village Lofts Apartments | 2BR/1.0BA | 2BR,1BA | $2.01 |
| Plant 64 Apartment Homes | 1E | 1BR,1BA | $2.26 |
| Chatham Place Apartments | 1BR/1.5BA | 1BR,1.5BA | $2.45 |
| Hilltop House | A4 | 1BR,1BA | $1.89 |
| The Artreaux | A1.0 | 1BR,1BA | $3.25 |
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.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleInnovation Quarter, Winston-Salem, NC
Ranked #49
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Innovation Quarter Neighborhood in Winston-Salem, NC
Walk Score®
67 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
68 / 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 Innovation Quarter Apartments
What is the price of a cheap apartment in Innovation Quarter?
The cheapest apartment in Innovation Quarter is Village Lofts Apartments which is listed at $1,120, while the average apartment in Innovation Quarter costs $3,105.
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 25 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 $1,029 which is $2,076 cheaper than the average rent for all rentals in Innovation Quarter.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.