Cheap Apartments for Rent in Greensboro, NC from $499 (250 Rentals)

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Search the lowest-cost Apartments available for rent right now in Greensboro.

Where to Rent in Greensboro: Top Affordable Neighborhoods for Families and Singles

Discover our local expert's top affordable neighborhoods for renting in Greensboro, NC. Find your perfect Greensboro apartments for rent, whether you're looking for downtown action, historic charm, or a great commute.

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Stoneybrook
$880

Total Monthly Price

Base Rent$880
Total Monthly Price$880
1 Bedroom Apartments Contact Us For Availability

Stoneybrook

258 Webster RdGreensboro, NC 27406
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Village 1373
Rent Specials
$915 - $1,671

Total Monthly Price

Base Rent$915 - $1,671
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Village 1373

1373 Lees Chapel RdGreensboro, NC 27455
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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.

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Greensboro, NC Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Greensboro, NC

Pricing Updated: 09/05/2026

Current apartment rentals in the Greensboro, NC area range in price from $499 to $10,628 with an overall median price of $1,381. The three Greensboro neighborhoods with the lowest median rent pricing are Heath Community at $925, Lowdermilk Area at $925, and Outer Downtown Greensboro at $925. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Greensboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Heath Community$925$52519
Lowdermilk Area$925$52527
Outer Downtown Greensboro$925$7958
Glendale Hills$945$52538
Nealtown Farms$945$52536
McConnell Rd Community$985$7955
Kings Forest$995$52544
Woodbriar Estates$995$52553
Woodmere Park$1,000$52560
Textile Dr Waugh St$1,025$52564

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 1 Bed unit found at The Retreat in the Madison Woods neighborhood priced from $695. Lakewood in the Madison Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RetreatThe Ayers1BR,1BA$695
Lakewood1BR/ 1BA1BR,1BA$725
New Garden Place Apartments1 bed 1 bath1BR,1BA$750
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$795
Greenwood Gardens900-K2BR,1BA$795
201 E Meadowview Road1BR/1.0BA1BR,1BA$795
Pepper Tree Apartments1BR/1BA1BR,1BA$799
The Pointe at White Oak1 Bed/1 Bath1BR,1BA$799

Best Value Apartments for Rent in Greensboro, NC

As of September 05, 2026 the best value apartment in the Greensboro area is the $0.55 price per square foot 903 Martin St Model at 903 Martin St, Unit B in the in the Gorrell St. Community neighborhood starting from $1,095. The second greatest value Greensboro apartment is the The Bradford (Stand Alone) Model at WestVue starting at $810 with a $0.59 price per square foot in the Madison Woods neighborhood. Here is today’s list of the best values for Greensboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
903 Martin St, Unit B903 Martin St3BR,1.5BA$0.55
WestVueThe Bradford (Stand Alone)2BR,2.5BA$0.59
Spring Garden StationAsk about our FREE MONTH Special - NOW LEASING ...4BR,4BA$0.55
The ArborsThe Cyprus3BR,1BA$0.98
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Sunroom3BR,2BA$0.49
The Vic2 Bed 2 Bath Phase 12BR,2BA$0.56
Arbor Row Townhomes2 Bedroom Townhome2BR,1BA$0.94
Latham Park Manor2 Bdrm TH2BR,1BA$0.96
3600 Cannan Forest Dr, Unit 3600-C3600 Cannan Forest Dr2BR,1BA$0.97
Cottages at GreensboroB12BR,1BA$0.94

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Greensboro Overview

Greensboro, North Carolina is a clean, picturesque, modern and well maintained city that is located just hours from the Blue Ridge Mountains and coast and 90 minutes from Raleigh. Greensboro is one of the highest populated cities in North Carolina and has plenty to offer residents in things to do as well as great options in apartments in Greensboro to live. The city is surrounded by great food and restaurants, a thriving downtown area, local entertainment and is easy to travel to and from. Greensboro is located close to an airport as well. While driving is common -with an average commute of 20 minutes and an intersection of many interstate and local US highways- many residents also opt to walk and cycle in order to get around the city.

Why live in Greensboro, NC?

Greensboro is a safe and peaceful, yet lively city that is surrounded by historical landmarks, culture and a strong sense of community. Thus, Greensboro is a great place to put down roots for a family. Residents looking for homes enjoy affordable housing in beautifully constructed homes throughout the city, while renters truly have it made with plenty of wonderful options in affordable Greensboro apartments available to them. Jobs are steady and thus, unemployment for residents is on the lower end. The healthcare industry is a booming one in Greensboro. Greensboro is also one of the nation's top ten green cities.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Greensboro, NC Area Reviews

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Cat • 1+ years in Greensboro

October 13, 2025

Greensboro is a beautiful community, especially if you're able to live in some of the nicer areas. While there are some neighborhoods that are a little run down, I would say I have never felt out of place in Greensboro--- everyone is friendly, the schools are nice, and there is a good sense of community.

Frequently Asked Questions about Cheap Greensboro Apartments

What is a cheap apartment in Greensboro?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greensboro is under $799.

What is the price of a cheap apartment in Greensboro?

The cheapest apartment in Greensboro is The Retreat which is listed at $695, while the average apartment in Greensboro costs $1,381.

What types of apartments are the cheapest in Greensboro?

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 3,441 regular apartments in Greensboro 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 Greensboro?

Cheap apartments in Greensboro have an average cost of $300 which is $1,081 cheaper than the average rent for all rentals in Greensboro.

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

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Greensboros Collegiate Charms: The Best Neighborhoods for Renters in Greensboro

Written by: Catrina Cowart

Greensboro is a beautiful city; it's one that has areas with parks and churches, downtown events, and interesting things to do.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.