Cheap Apartments for Rent in Greensboro, NC from $300 (200 Rentals)

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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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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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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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: 11/15/2025

Current apartment rentals in the Greensboro, NC area range in price from $550 to $4,183 with an overall median price of $1,782. The three Greensboro neighborhoods with the lowest median rent pricing are Outer Downtown Greensboro at $850, McConnell Rd Community at $850, and Swans Landing at $700. 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$975$8509
McConnell Rd Community$995$8508
Swans Landing$1,240$70043
Spring Valley$1,249$605139
Lake Ridge$1,250$70075
Swathmore Avenue Industrial Park$1,289$77022
College Forest$1,299$57942
Eastside Park$1,299$57942
Glendale Hills$1,299$57944
Heath Community$1,299$57931

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 1 Bed unit found at Wendover River Oaks in the Madison Woods neighborhood priced from $686. Lakewood in the Madison Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $710. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wendover River OaksLatham1BR,1BA$686
Lakewood1BR/1BA1BR,1BA$710
The RetreatThe Ayers1BR,1BA$745
Summit Village ApartmentsBirch1BR,1BA$750
North Lakes1 Bedroom 1 Bathroom1BR,1BA$799
The Pointe at White Oak1 Bed/1 Bath1BR,1BA$799
Legacy at Friendly ManorDean1BR,1BA$818
Cambridge Apartments1 BR - 1 BA1BR,1BA$825

Best Value Apartments for Rent in Greensboro, NC

As of November 15, 2025 the best value apartment in the Greensboro area is the $1.08 price per square foot 2BR/2 BA (Balcony) Model at Thomas Estates in the in the Hewitt Area neighborhood starting from $1,275. 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.
Thomas Estates2BR/2 BA (Balcony)2BR,2BA$1.08
School at Spring Garden Student Apartments3BR/3BA3BR,3BA$0.58
Meadow Park Apartments3 Bedroom3BR,2BA$1.07
Park Place2 Bed Townhome2BR,1.5BA$1.06
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Patio3BR,2BA$0.60
The Oaks Gate City2 Bedroom Townhome2BR,1BA$0.94
Lemans at LawndaleThe Bonelli2BR,1BA$0.99
Lexington CommonsThe Lexington2BR,1.5BA$1.06
Alexander Homes, Greensboro: Welcome Home2 Bedroom 1 Bath2BR,1BA$0.99
317 E Florida St, Unit 317-A317 E Florida St2BR,1BA$0.97

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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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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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

Greensboro, NC Area Reviews

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Cat1+ 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 $825.

What is the price of a cheap apartment in Greensboro?

The cheapest apartment in Greensboro is Wendover River Oaks which is listed at $686, while the average apartment in Greensboro costs $1,782.

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 2,476 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 $330 which is $1,452 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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Where to Rent in Greensboro: Top Affordable Neighborhoods for Families and Singles

Written by: Catrina Cowart

Hello again, everyone. I'm Catrina, and I'm your ApartmentHomeLiving.com Local Expert for Greensboro, North Carolina.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.