Cheap Apartments for Rent in Greensboro, NC from $300 (203 Rentals)

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

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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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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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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property at 230 S Park Dr

$915

1 Bedroom Rentals

Available May 8

230 S Park Dr

GreensboroNC27401

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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Greensboro, NC Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Greensboro, NC

Pricing Updated: 04/22/2026

Current apartment rentals in the Greensboro, NC area range in price from $539 to $4,328 with an overall median price of $1,962. The three Greensboro neighborhoods with the lowest median rent pricing are McConnell Rd Community at $795, Outer Downtown Greensboro at $795, and Heath Community at $539. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Greensboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
McConnell Rd Community$875$7957
Outer Downtown Greensboro$955$7959
Heath Community$1,125$53923
Lowdermilk Area$1,125$53932
College Forest$1,149$53935
Eastside Park$1,149$53934
Tolbert$1,149$53927
Rolling Roads$1,237$629214
Lake Ridge$1,240$84540
Swans Landing$1,240$84526

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 2 Beds unit found at Printworks Mill Apartments in the Cumberland neighborhood priced from $684. Alexander Homes, Greensboro: Welcome Home to Spacious Living in the Cumberland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Printworks Mill ApartmentsB12BR,1BA$684
Alexander Homes, Greensboro: Welcome Home to Spacious Living1 bed 1 bath1BR,1BA$750
The RetreatThe Ayers1BR,1BA$755
The ArborsThe Rosewood1BR,1BA$790
Greenwood Gardens900-K2BR,1BA$795
Farmwood Gardens1x11BR,1BA$799
The Enclave at 38 Twenty TwoOne Bedroom1BR,1BA$799
Market StationStudio SmallStudio,1BA$799
The Pointe at White Oak1 Bed/1 Bath1BR,1BA$799

Best Value Apartments for Rent in Greensboro, NC

As of April 22, 2026 the best value apartment in the Greensboro area is the $0.98 price per square foot 2BR - 2BTH Model at The Forest Apartments in the in the Wilpar Estates neighborhood starting from $1,100. The second greatest value Greensboro apartment is the 3 Bedroom Model at Meadow Park Apartments starting at $1,134 with a $1.04 price per square foot in the Wilpar Estates 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.
The Forest Apartments2BR - 2BTH2BR,2BA$0.98
Meadow Park Apartments3 Bedroom3BR,2BA$1.04
2909 Spring Garden St, Unit 2909-B2909 Spring Garden St2BR,2BA$1.05
Ridgewood Apartments2 Bedroom 1 Bath2BR,1BA$0.99
The Oaks Gate City2 Bedroom Townhome2BR,1BA$0.94
Legacy Pointe Apartments2BR - 1BTH2BR,1BA$1.05
Lemans at LawndaleThe Bonelli2BR,1BA$1.01
The Vue at Greensboro2 Bed 1.5 Bath2BR,1.5BA$0.98
409 Sykes Ave, Unit 409-A409 Sykes Ave2BR,1BA$1.03
3304 Martin Ave, Unit A3304 Martin Ave2BR,1BA$1.03

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Quick Rent Budget Calculator

How much rent can you afford?

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!

Explore Greensboro, NC Rentals by Map

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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 Alexander Homes, Greensboro: Welcome Home to Spacious Living which is listed at $750, while the average apartment in Greensboro costs $1,962.

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 4,235 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 $317 which is $1,645 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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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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.