Cheap Apartments for Rent in Greensboro, NC from $300 (202 Rentals)

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

property at 112 Odell Pl

$695

Studio Rentals

Available Now

112 Odell Pl

GreensboroNC27403

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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property at 610 Fairmont St

$825 - $905

1 To 2 Bedroom Rentals

Available Now

610 Fairmont St

GreensboroNC27401

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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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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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: 01/19/2026

Current apartment rentals in the Greensboro, NC area range in price from $525 to $13,798 with an overall median price of $2,230. The three Greensboro neighborhoods with the lowest median rent pricing are Outer Downtown Greensboro at $778, McConnell Rd Community at $778, and Lowdermilk Area at $578. 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$797$77818
McConnell Rd Community$799$77818
Lowdermilk Area$995$57841
Heath Community$1,007$57933
College Forest$1,050$57948
Eastside Park$1,050$57948
Tolbert$1,051$57930
Kings Forest$1,175$57847
Nealtown Farms$1,175$77539
Swathmore Avenue Industrial Park$1,194$70032

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 1 Bed unit found at Lakewood in the Madison Woods neighborhood priced from $710. The Retreat in the Madison Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood1BR/1BA1BR,1BA$710
The RetreatThe Ayers1BR,1BA$745
Greenwood Gardens900-H2BR,1BA$778
Market StationStudio SmallStudio,1BA$799
The Pointe at White Oak1 Bed/1 Bath1BR,1BA$799
North Lakes1 Bedroom 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Greensboro, NC

As of January 19, 2026 the best value apartment in the Greensboro area is the $1.01 price per square foot 3 Bedroom 2 Bath Model at Ridgewood Apartments in the in the Madison Woods neighborhood starting from $1,295. 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.
Ridgewood Apartments3 Bedroom 2 Bath3BR,2BA$1.01
School at Spring Garden Student Apartments3BR/3BA3BR,3BA$0.58
Park Place2 Bed Townhome2BR,1.5BA$1.06
The Oaks Gate City2 Bedroom Townhome2BR,1BA$0.94
Meadow Park Apartments2 Bedroom2BR,1BA$1.03
Alexander Homes, Greensboro: Welcome Home to Spacious Living2 Bedroom 1 Bath2BR,1BA$0.99
3600 Cannan Forest Dr, Unit 3600-B3600 Cannan Forest Dr2BR,1BA$0.97
1815 McKnight Mill Rd, Unit 1815-A1815 McKnight Mill Rd2BR,1BA$1.00
Greenwood Gardens904-C2BR,1BA$1.06
1213 Gatewood Ave1213 Gatewood Ave2BR,1BA$1.06

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 Lakewood which is listed at $710, while the average apartment in Greensboro costs $2,230.

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 2,313 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 $341 which is $1,889 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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.