
Cheap Homes for Rent in Innovation Quarter Neighborhood of Winston-Salem, NC from $1,100 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Innovation Quarter area of Winston-Salem.

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.

1514 E 1st St
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.
Innovation Quarter, Winston-Salem, NC Local Guide

How much does it cost to rent a home in Innovation Quarter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Innovation Quarter 2 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
| Innovation Quarter 3 Bedroom Homes for Rent | $2,228 | $1,100 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Innovation Quarter Neighborhood of Winston-Salem, NC.
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Best Value Apartments for Rent in Innovation Quarter, NC
As of April 26, 2026 the best value apartment in the Innovation Quarter area is the $1.53 price per square foot Rivera Model at Gallery Lofts in the in the Downtown Winston Salem neighborhood starting from $1,575. The second greatest value Innovation Quarter apartment is the UNIT 104B, 204B, 304B, 404B, 504B Model at Winston Factory Lofts starting at $1,895 with a $1.99 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 | Rivera | 1BR,1BA | $1.53 |
| Winston Factory Lofts | UNIT 104B, 204B, 304B, 404B, 504B | 2BR,2BA | $1.99 |
| Village Lofts Apartments | 2BR/2.0BA | 2BR,2BA | $1.89 |
| Gateway Apartments | 1.1 | 1BR,1BA | $1.68 |
| Plant 64 Apartment Homes | 1N | 1BR,1BA | $2.47 |
| Hilltop House | A5 | 1BR,1BA | $2.07 |
| 50 West Fourth Residences | 1 Beds, 1 Baths | 1BR,1BA | $2.32 |
| Link Apartments® Innovation Quarter | S2 | 1BR,1BA | $2.78 |
| The Artreaux | A1.0 | 1BR,1BA | $3.25 |
Frequently Asked Questions about Innovation Quarter
What type of rentals are currently available in Innovation Quarter?
There are currently 61 Apartments for Rent in Innovation Quarter, NC with pricing that ranges from $695 to $3,658. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Innovation Quarter ranging from $1,100 to $3,800.
What is the current price range for Rental Homes in Innovation Quarter?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Innovation Quarter ranges from $1,100 to $3,800 with an average monthly rent of $1,911.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.