Apartments for Rent in Greensboro, NC Under $500 (14 Rentals)
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.
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.
Greensboro, NC Local Guide

How much does it cost to rent an apartment in Greensboro?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greensboro Studio Apartments Under $500 | $1,020 | $740 | $2,249 |
Greensboro 1 Bedroom Apartments Under $500 | $1,327 | $550 | $3,692 |
Greensboro 2 Bedroom Apartments Under $500 | $1,514 | $624 | $3,873 |
Greensboro 3 Bedroom Apartments Under $500 | $1,818 | $605 | $5,871 |
Greensboro 4 Bedroom Apartments Under $500 | $2,195 | $579 | $2,900 |
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Greensboro, NC Local Guide
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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.
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 Greensboro
How much are Studio apartments in Greensboro?
There are currently 30 Studio Apartments in Greensboro with rent ranges from $740 to $2,249 with an average price of $1,020.
What is the current price range for One Bedroom Greensboro Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Greensboro ranges from $550 to $3,692 with an average monthly rent of $1,327.
What does renting a Two Bedroom Apartment in Greensboro cost?
The monthly rent prices of Two Bedroom Apartments currently available in Greensboro range from $624 to $3,873. Today's average rental price for Two Bedrooms here is $1,514.
How expensive are Greensboro Three Bedroom Apartments?
There are currently 165 Three Bedroom Apartments listings available in Greensboro on ApartmentHomeLiving.com. The pricing ranges from $605 to $5,871 - averaging $1,818 for the location.
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.

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.

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.

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.

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.