
Cheap Apartments for Rent in the Innovation Quarter Neighborhood of Winston-Salem, NC from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Innovation Quarter area of Winston-Salem.


Lofts at Whitaker Park

110 S Marshall St

Welcome to the privately owned Creswtood G...

639 S Poplar St
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Village Lofts of Winston-Salem

Chatham Place Apartments

Winston Factory Lofts

Gateway Apartments

50 West Fourth Residences
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1408 Diggs Blvd

The Residences at The R.J. Reynolds Building

1304 E 1st St
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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 | $1,223 | $1,015 | $1,432 |
Innovation Quarter 1 Bedroom Apartments | $1,589 | $975 | $2,440 |
Innovation Quarter 2 Bedroom Apartments | $1,897 | $820 | $4,367 |
Innovation Quarter 3 Bedroom Apartments | $2,453 | $1,099 | $4,045 |
Innovation Quarter 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Innovation Quarter Neighborhood of Winston-Salem, NC.
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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 2 Beds unit found at The Residences at Diamond Ridge priced from $885. Welcome to the privately owned Creswtood G... has the second lowest priced unit, which is a 2 Beds apartment currently listed from $999. Here are the most affordable Innovation Quarter apartments for rent in Winston-Salem, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Residences at Diamond Ridge | 932B1BMR | 2BR,1BA | $885 |
Welcome to the privately owned Creswtood G... | 2 Bed/ 1 Bath | 2BR,1BA | $999 |
Hilltop House | A3 | 1BR,1BA | $1,100 |
Chatham Place Apartments | 1BR/1.0BA | 1BR,1BA | $1,200 |
Gateway Apartments | 1.1 | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Innovation Quarter, NC
As of June 05, 2025 the best value apartment in the Innovation Quarter area is the $1.55 price per square foot Rivera Model at Gallery Lofts in the in the East Winston Salem neighborhood starting from $1,600. The second greatest value Innovation Quarter apartment is the 933B1BSR Model at The Residences at Diamond Ridge starting at $1,255 with a $1.35 price per square foot in the South 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 | Rivera | 1BR,1BA | $1.55 |
The Residences at Diamond Ridge | 933B1BSR | 3BR,1BA | $1.35 |
50 West Fourth Residences | 2 Beds, 2 Baths | 2BR,2BA | $1.64 |
Village Lofts of Winston-Salem | 2 Bed / 2 Bath | 2BR,2BA | $1.62 |
Plant 64 Apartment Homes | 1P2 | 1BR,1BA | $2.15 |
Winston Factory Lofts | UNIT 605B | 2BR,2BA | $2.16 |
Edge Flats | A1.2 | 1BR,1BA | $2.11 |
Welcome to the privately owned Creswtood G... | Cottage 3 Bed / 1 Bath | 3BR,1BA | $1.37 |
Gateway Apartments | 1.1 | 1BR,1BA | $1.68 |
Hilltop House | A1 | 1BR,1BA | $1.88 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleInnovation Quarter, Winston-Salem, NC
Ranked #20
Among neighborhoods in Winston-Salem, NC 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 Hilltop House which is listed at $975, while the average apartment in Innovation Quarter costs $3,000.
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 20 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 $448 which is $2,552 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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
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Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.