Updated 1 Day Ago
Highlights
Pet Friendly
Location
511 N Cherry St, Winston Salem, NC 27101, USA|Downtown Winston-Salem
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Property Overview
Village Lofts offers strong overall value, combining a high Zumper expert rating with excellent scores for price, amenities, and location. It also stands out for walkability, transit access, nearby dining and event options, and pet-friendly conveniences, while its value per square foot and nearby school access add to its appeal.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
- Dishwasher
Great for
Social life
Eco living
Pet owners
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 439+ sqft | $1,035–$1,300 /mo | 8 units available | ||
| 2BR/1.0BA | 2 bed | 1 bath | 725 sqft | $1,460 /mo | 1 unit available | ||
| 2BR/2.0BA | 2 bed | 2 bath | 819+ sqft | $1,550–$1,635 /mo | 3 units available |
Let's explore this property.
Amenities for Village Lofts
Apartment Amenities
| Freezer |
Appliances
| Dishwasher | Range |
| Refrigerator | Stove |
Building
| 24/7 Laundry Facility | Cats OK |
| Dogs OK | Onsite Laundry |
Services
| Water, Sewer & Trash |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 47 |
|---|
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About Village Lofts
Village Lofts cost $1,035–$1,635 per month. A couple amenities for this apartment building include but are not limited to: on-site laundry. Located at 511 N Cherry St, Winston Salem, NC 27101, USA, Village Lofts has 1 — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Winston-Salem, renting an apartment at Village Lofts is 37% more expensive per month.Other apartment buildings in or around Winston-Salem include but are not limited to: 2531 La Deara Crest Ln, 450 N Broad St, 915 E 2nd St
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very GoodWith a solid 8.8 out of 10 overall, Village Lofts is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Village Lofts has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Village Lofts offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Village Lofts goes above and beyond to provide sought-after conveniences and desirable perks, including 24/7 laundry facility. Renters looking for popular or luxurious features will find them here—and for that reason, Village Lofts receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Village Lofts is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Village Lofts to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Village Lofts provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Village Lofts is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Village Lofts compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- More space
- The 1-bedroom is 127 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Laundry available on site
- Washers and dryers are available in-building or in-unit
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Rent trends in Downtown Winston-Salem
1-bedroom apartments here are priced 23% lower than 1-bedrooms in Downtown Winston-Salem.
If you decide to upgrade your space, you can expect 2-bedrooms at Village Lofts to be 18% less than the average for similarly sized apartments in Downtown Winston-Salem.
Median rents as of Sep 5 2026.
Downtown Winston-Salem
Winston-Salem
| Month | Median Rent |
|---|---|
| September 2024 | $1,223 |
| October 2024 | $1,164 |
| November 2024 | $1,072 |
| December 2024 | $1,094 |
| January 2025 | $991 |
| February 2025 | $978 |
| March 2025 | $967 |
| April 2025 | $972 |
| May 2025 | $1,042 |
| June 2025 | $1,280 |
| July 2025 | $1,334 |
| August 2025 | $1,299 |
| September 2025 | $1,264 |
| October 2025 | $1,243 |
| November 2025 | $929 |
| December 2025 | $896 |
| January 2026 | $918 |
| February 2026 | $1,054 |
| March 2026 | $1,000 |
| April 2026 | $982 |
| May 2026 | $974 |
| June 2026 | $985 |
| July 2026 | $1,127 |
| August 2026 | $1,114 |
| September 2026 | $1,254 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,359 |
| October 2024 | $1,339 |
| November 2024 | $1,267 |
| December 2024 | $1,274 |
| January 2025 | $1,254 |
| February 2025 | $1,242 |
| March 2025 | $1,255 |
| April 2025 | $1,314 |
| May 2025 | $1,464 |
| June 2025 | $1,379 |
| July 2025 | $1,377 |
| August 2025 | $1,389 |
| September 2025 | $1,264 |
| October 2025 | $1,244 |
| November 2025 | $1,208 |
| December 2025 | $1,243 |
| January 2026 | $1,304 |
| February 2026 | $1,275 |
| March 2026 | $1,335 |
| April 2026 | $1,351 |
| May 2026 | $1,312 |
| June 2026 | $1,282 |
| July 2026 | $1,235 |
| August 2026 | $1,291 |
| September 2026 | $1,395 |
Affordability calculator
Can I afford to live at 511 N Cherry St?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$41,400/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,400 annually to afford this 1-bedroom monthly rent price of $1,035.
For more information on rent affordability, visit our rent calculator.
Schools near Village Lofts
Family Services Child Development Center - WSSU
601 s martin luther king jr dr
winston salem, NC, 27110
PKPublic
Virtual Academy
2020 e 12th st
winston-salem, NC, 27101
PK, K-12Public
The Children's Center
2315 coliseum dr
winston salem, NC, 27106
PK, K-5Public
A-
Appalachian Academy at Middle Fork
3125 williston rd
walkertown, NC, 27051
K-5Public
D-
The Special Children's School
4505 shattalon dr
winston-salem, NC, 27106
PK, K-5Public
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Internet available near Village Lofts
Getting around Winston Salem near 511 N Cherry St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 511 N Cherry St, Winston Salem
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
4/10
No high schools within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
8/10
Variety of bars within a few minutes' walk
Explore the area around 511 N Cherry St
Common Giant, Inc
313 Indera Mills Ct
A Z Patterson Grocery Inc
1348 N Patterson Ave
Northside Discount Lic
231 E Glenn Ave
3 Star Supermarket LLC
515 Peters Creek Pkwy
Food Lion
1499 New Walkertown Rd
Keona's Boutique
235 W 5th St
Lefkowitz & K I Sunder Tailor Shop
233 W 5th St
Mast General Store
516 N Trade St
Cece's Boutique
107 W 4th St
Dfly Swimwear LLC
420 W 4th St
Washington Perks & Provisions
301 W 4th St
Cheesecakes By Alex
625 N Trade St
Moji Coffee and More
690 N Trade St
Pour
102 W 3rd St
Footnote Coffee & Cocktails
634 W 4th St
Small Batch Beer
241 W 5th St
6th and Vine
209 W 6th St
Trophy Room
517 N Liberty St
Tate's Craft Cocktails
279 W 4th St
Bar on 4th Street
249 W 4th St
King's Classic Bakery
533 N Trade St
Top Tier Fitness
610 N Liberty St
XLNT Bakeries LLC
301 N Main St
Triad Produce
848 N Trade St
R & C Produce
1035 N Cherry St
The Passageway Pocket Park
Merschel Park
Playground
Garden
ARTivity On The Green
Crooked Tail Cat Cafe
229 W 5th St
Small Batch
241 W 5th St
Butcher & Bull
425 N Cherry St
Cibo Trattoria
529 N Trade St
Tulum Bar & Grill
411 N Cherry St
Winston-Salem Transportation Center (A3)
Kernersville Express
Winston-Salem Transportation Center (L1)
Winston Salem Express
5th & Chestnut
Winston Salem Express, Kernersville Express
4th & Chestnut
Winston Salem Express, Kernersville Express
Innovation Quarter (5th & Patterson)
Winston Salem Express, Kernersville Express
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