1231 Gholson Ave S East
Winston-SalemNC27107
Cheap Apartments for Rent in the Innovation Quarter Neighborhood of Winston-Salem, NC from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Innovation Quarter area of Winston-Salem.
1235 Gholson Ave S East
Winston-SalemNC27107
632 Mulberry St SW
Winston-SalemNC27101
115 S Spruce St
Winston-SalemNC27101
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Rent Specials
$1,074 - $1,480
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,074 - $1,480
Total Monthly Price
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Hilltop House
241 S Cherry StWinston-Salem, NC 27101
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$1,125 - $1,6351 to 2 Bedroom Apartments Available Now
Village Lofts Apartments
511 N Cherry StWinston-Salem, NC 27101
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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1 to 3 Bedroom Apartments
Colony Place Apartments
900 N Cleveland AveWinston-Salem, NC 27101
1425 Gholson Ave
Winston-SalemNC27107
224 N Dunleith Ave
Winston-SalemNC27101
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2 Bedroom Apartments
555 East Apartments
555 N Martin Luther King Jr DrWinston-Salem, NC 27101
105 N Cleveland Ave
Winston-SalemNC27101
926 N Jackson Ave
Winston-SalemNC27101
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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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 | $1,703 | $1,703 | $1,703 |
| Innovation Quarter 1 Bedroom Apartments | $1,535 | $895 | $2,031 |
| Innovation Quarter 2 Bedroom Apartments | $2,030 | $695 | $3,934 |
| Innovation Quarter 3 Bedroom Apartments | $2,609 | $1,800 | $3,629 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 12 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 1 Bed unit found at Village Lofts Apartments priced from $1,125. 50 West Fourth Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,270. 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 | $1,125 |
| 50 West Fourth Residences | Apt 11 | 1BR,1BA | $1,270 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1,300 |
| Plant 64 Apartment Homes | 1K | 1BR,1BA | $1,314 |
| Winston Factory Lofts | UNIT 209B, 313B, 410B, 511B | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in Innovation Quarter, NC
As of July 08, 2026 the best value apartment in the Innovation Quarter area is the $1.51 price per square foot Miro Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $2,120. The second greatest value Innovation Quarter apartment is the B2.0 Model at The Artreaux starting at $2,252 with a $2.07 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 | Miro | 2BR,2BA | $1.51 |
| The Artreaux | B2.0 | 2BR,2BA | $2.07 |
| Link Apartments® Innovation Quarter | B3 | 2BR,2BA | $2.06 |
| Village Lofts Apartments | 2BR/2.0BA | 2BR,2BA | $1.61 |
| Hilltop House | B1 | 2BR,2BA | $1.70 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1.68 |
| Plant 64 Apartment Homes | 1N | 1BR,1BA | $2.59 |
| Winston Factory Lofts | UNIT 209B, 313B, 410B, 511B | 1BR,1BA | $2.33 |
| 50 West Fourth Residences | Apt 302 | 1BR,1BA | $2.25 |
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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Real 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.
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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.
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Pet Friendly LifestyleInnovation Quarter, Winston-Salem, NC
Ranked #108
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $1,125, while the average apartment in Innovation Quarter costs $2,295.
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 9 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 $996 which is $1,299 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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.