
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.


200 High St

1327 Cunningham St

225 N Jackson Ave

515 N Martin Luther King Jr Dr

111 S Spruce St
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Total Monthly Price
Hilltop House

110 S Marshall St

Chatham Place Apartments

Village Lofts 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 | $1,450 | $1,450 | $1,450 |
| Innovation Quarter 1 Bedroom Apartments | $1,431 | $795 | $1,905 |
| Innovation Quarter 2 Bedroom Apartments | $1,904 | $750 | $3,572 |
| Innovation Quarter 3 Bedroom Apartments | $2,690 | $1,895 | $3,543 |
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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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 Hilltop House priced from $949. Chatham Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. Here are the most affordable Innovation Quarter apartments for rent in Winston-Salem, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hilltop House | A2 | 1BR,1BA | $949 |
| Chatham Place Apartments | 1BR/1.0BA | 1BR,1BA | $1,040 |
| Village Lofts Apartments | 1BR/1.0BA | 1BR,1BA | $1,125 |
| Link Apartments® Innovation Quarter | S2 | 1BR,1BA | $1,271 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1,300 |
Best Value Apartments for Rent in Innovation Quarter, NC
As of February 22, 2026 the best value apartment in the Innovation Quarter area is the $1.55 price per square foot Kahlo Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,515. The second greatest value Innovation Quarter apartment is the UNIT 603B Model at Winston Factory Lofts starting at $1,895 with a $1.97 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 | $1.55 |
| Winston Factory Lofts | UNIT 603B | 2BR,2BA | $1.97 |
| Chatham Place Apartments | 1BR/1.0BA | 1BR,1BA | $1.32 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1.68 |
| Plant 64 Apartment Homes | 1N | 1BR,1BA | $2.55 |
| Link Apartments® Innovation Quarter | A1 | 1BR,1BA | $2.64 |
| Hilltop House | A4 | 1BR,1BA | $1.85 |
| 50 West Fourth Residences | 1 Beds, 1 Baths | 1BR,1BA | $2.31 |
| Village Lofts Apartments | 1BR/1.0BA | 1BR,1BA | $2.03 |
| The Artreaux | A1.0 | 1BR,1BA | $3.25 |
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 $949, while the average apartment in Innovation Quarter costs $2,612.
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 23 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 $904 which is $1,708 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

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.