
Cheap Apartments for Rent in the Innovation Quarter Neighborhood of Winston-Salem, NC from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Innovation Quarter area of Winston-Salem.


225 N Jackson Ave

200 High St

639 S Poplar St

Total Monthly Price
Hilltop House

Village Lofts Apartments
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.

50 West Fourth Residences

Winston Factory Lofts

Total Monthly Price
Gateway Apartments

Link Apartments® Innovation Quarter

Plant 64 Apartment Homes

Gallery Lofts
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.

Colony Place Apartments

555 East Apartments

510 Alexander St

The Residences at The R.J. Reynolds Building

1514 E 1st St

757 North
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Eight West Third Apartments
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 | $1,363 | $1,175 | $1,552 |
| Innovation Quarter 1 Bedroom Apartments | $1,510 | $795 | $2,055 |
| Innovation Quarter 2 Bedroom Apartments | $2,031 | $695 | $3,514 |
| Innovation Quarter 3 Bedroom Apartments | $2,567 | $1,800 | $3,597 |
Browse Apartments in this Neighborhood
There are currently 19 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
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 $1,080. Hilltop House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. 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 | $1,080 |
| Hilltop House | A4 | 1BR,1BA | $1,215 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1,300 |
| The Artreaux | A1.0 | 1BR,1BA | $1,300 |
| Link Apartments® Innovation Quarter | S2 | 1BR,1BA | $1,372 |
Best Value Apartments for Rent in Innovation Quarter, NC
As of April 08, 2026 the best value apartment in the Innovation Quarter area is the $1.53 price per square foot Kahlo Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,500. The second greatest value Innovation Quarter apartment is the UNIT 105B, 205B, 305B, 405B, 505B Model at Winston Factory Lofts starting at $1,725 with a $1.98 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 | $1.53 |
| Winston Factory Lofts | UNIT 105B, 205B, 305B, 405B, 505B | 2BR,2BA | $1.98 |
| Village Lofts Apartments | 2BR/2.0BA | 2BR,2BA | $1.83 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1.68 |
| Plant 64 Apartment Homes | 1N | 1BR,1BA | $2.55 |
| 50 West Fourth Residences | 1 Beds, 1 Baths | 1BR,1BA | $2.30 |
| Hilltop House | A4 | 1BR,1BA | $1.93 |
| Link Apartments® Innovation Quarter | S2 | 1BR,1BA | $2.78 |
| The Artreaux | A1.0 | 1BR,1BA | $3.24 |
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 $1,080, while the average apartment in Innovation Quarter costs $2,265.
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 18 regular apartments in Innovation Quarter that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Maximizing Your Refund: Essential Tax Tips for Renters
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.