Cheap Apartments for Rent in Greensboro, NC from $300 (182 Rentals)

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

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 Art of the Rental Viewing: What to look for during a property tour

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Greensboro, NC Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Greensboro, NC

Pricing Updated: 07/02/2025

Current apartment rentals in the Greensboro, NC area range in price from $579 to $8,604 with an overall median price of $1,627. The three Greensboro neighborhoods with the lowest median rent pricing are Outer Downtown Greensboro at $795, McConnell Rd Community at $795, 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$7958
McConnell Rd Community$995$7953
Rolling Roads$1,095$605168
Spring Valley$1,100$60599
Heath Community$1,180$57915
Lowdermilk Area$1,180$57918
Manchester$1,197$80022
Woodbriar Estates$1,232$57942
Woodmere Park$1,232$57941
Swans Landing$1,240$65033

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 1 Bed unit found at Pelham Place in the Vernon Farms neighborhood priced from $750. New Irving Heights in the Old Irving Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $770. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pelham Place1 Bed 1 Bath1BR,1BA$750
New Irving HeightsStudioStudio,1BA$770
The RetreatThe Ayers1BR,1BA$785
Timbercreek ApartmentsThe Blue Ridge1BR,1BA$785
Farmwood Gardens1x11BR,1BA$799
Suffolk Place ApartmentsOne Bedroom1BR,1BA$825
District at West Market Student HousingStudiosStudio,1BA$825

Best Value Apartments for Rent in Greensboro, NC

As of July 02, 2025 the best value apartment in the Greensboro area is the $1.00 price per square foot The Cardinal Model at Terrace at Olde Battleground in the in the Dellwood Park neighborhood starting from $1,709. The second greatest value Greensboro apartment is the 4 Bedroom Model at Spring Garden Station - Luxury Student Living starting at $700 with a $0.51 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.
Terrace at Olde BattlegroundThe Cardinal3BR,2.5BA$1.00
Spring Garden Station - Luxury Student Living4 Bedroom4BR,4BA$0.51
Woodland Heights of Greensboro2BR/2BA Balcony2BR,2BA$1.03
1102 Logan St, Unit A1102 Logan St1BR,1BA$0.69
Pepperstone222BR,2BA$0.98
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath with Patio a Lindell3BR,2BA$0.58
Meadow Park Apartments2 Bedroom2BR,1BA$1.01
Alexander Homes, Greensboro: Welcome Home2 Bedroom 1 Bath2BR,1BA$0.99
3429 Wichita Pl, Unit 3429-33429 Wichita Pl2BR,1BA$0.94
1106 Vance St, Unit B1106 Vance St1BR,1BA$0.87

Quick Rent Budget Calculator

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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 $825.

What is the price of a cheap apartment in Greensboro?

The cheapest apartment in Greensboro is Pelham Place which is listed at $750, while the average apartment in Greensboro costs $1,627.

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 927 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 $497 which is $1,130 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.