Cheap Apartments for Rent in Greensboro, NC from $300 (199 Rentals)

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

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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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: 09/22/2025

Current apartment rentals in the Greensboro, NC area range in price from $579 to $3,988 with an overall median price of $1,641. The three Greensboro neighborhoods with the lowest median rent pricing are Outer Downtown Greensboro at $615, McConnell Rd Community at $615, and Rolling Roads at $605. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Greensboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outer Downtown Greensboro$955$6155
McConnell Rd Community$1,150$6151
Rolling Roads$1,225$605178
Lamrocton$1,240$800131
Swathmore Avenue Industrial Park$1,268$75017
Manchester$1,279$80022
College Forest$1,299$57943
Dudley Heights$1,299$57963
Eastside Park$1,299$57943
Franklin Blvd Shirley Lane$1,299$57952

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 $770. Summit Village Apartments in the New Irving Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RetreatThe Ayers1BR,1BA$770
Summit Village ApartmentsBirch1BR,1BA$795
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$795
Farmwood Gardens1x11BR,1BA$799
Pepper Tree Apartments1BR/1BA1BR,1BA$835
Latham Park Manor1 Bdrm Garden1BR,1BA$835
District at West Market Student HousingStudiosStudio,1BA$850

Best Value Apartments for Rent in Greensboro, NC

As of September 22, 2025 the best value apartment in the Greensboro area is the $1.06 price per square foot 2 Phoenix Renovated Model at Crowne at James Landing in the in the Timberbrooke neighborhood starting from $1,360. The second greatest value Greensboro apartment is the 3BR/3BA Model at School at Spring Garden Student Apartments starting at $660 with a $0.58 price per square foot in the College Hill 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.
Crowne at James Landing2 Phoenix Renovated2BR,2BA$1.06
School at Spring Garden Student Apartments3BR/3BA3BR,3BA$0.58
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Sunroom3BR,2BA$0.61
Meadow Park Apartments3 Bedroom3BR,2BA$1.07
Park Place2 Bed Townhome2BR,1.5BA$1.06
The Oaks Gate City2 Bedroom Townhome2BR,1BA$0.94
Lexington CommonsThe Lexington2BR,1.5BA$1.07
1806 Walker Ave, Unit E1806 Walker Ave1BR,1BA$0.90
Alexander Homes, Greensboro: Welcome Home2 Bedroom 1 Bath2BR,1BA$0.99
1815 McKnight Mill Rd, Unit 1815-B1815 McKnight Mill Rd2BR,1BA$1.00

Quick Rent Budget Calculator

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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.

Pet Friendly Lifestyle
Greensboro, NC

Ranked #5

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Greensboro, NC Rentals by Map

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See the most popular apartments and homes in Greensboro, NC

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Getting Around Greensboro, NC

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $850.

What is the price of a cheap apartment in Greensboro?

The cheapest apartment in Greensboro is The Retreat which is listed at $770, while the average apartment in Greensboro costs $1,641.

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 1,734 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 $409 which is $1,232 cheaper than the average rent for all rentals in Greensboro.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.