The Lofts at the Plaza
4825 Commercial Plaza St,
Winston-Salem, NC 27104
$959 - $1,195 | 1-2 Beds
In 1913, the adjoining cities of Winston and Salem officially united to become Winston-Salem. The city sits in the center of North Carolina, bordered by the Blue Ridge Mountains on the west and land that leads to the Atlantic Ocean on the east. It's 130 square miles houses nearly 360,000 residents, and make up the region called the Piedmont Triad, along with the surrounding cities of Greensboro, Charlotte, Asheville, Raleigh and Wilmington.
As the county seat of Forsythe County, Winston-Salem has a long history as an active, robust municipality, especially in the central district, which comprises many individual neighborhoods. Like many adjacent towns, the South Downtown Winston-Salem community has undergone a substantial amount of redevelopment in recent years. The older buildings that remain from the city’s textile and tobacco industry legacy have been transformed into beautiful residential lofts that attract many people into the area, and combine with many restaurants, cinemas, art galleries and music venues to make South Downtown a great destination to live, work and play.
As of July 2025, the average apartment rent in S Downtown Winston-Salem is $940 for a studio, $1,202 for one bedroom, $1,356 for two bedrooms, and $1,692 for three bedrooms. Apartment rent in S Downtown Winston-Salem has increased by 1.8% in the past year.
Studio
320 sq ft
Average Sq Ft
$940/month
Average Rent
1 BR
758 sq ft
Average Sq Ft
$1,202/month
Average Rent
2 BR
967 sq ft
Average Sq Ft
$1,356/month
Average Rent
3 BR
957 sq ft
Average Sq Ft
$1,692/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.