Cheap Apartments for Rent in the Asheboro Community Neighborhood of Greensboro, NC from $500 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Asheboro Community area of 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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property at 230 S Park Dr

$915

1 Bedroom Rentals

Available Now

230 S Park Dr

GreensboroNC27401

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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property at 424 Beech St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

424 Beech St

GreensboroNC27401

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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Chestnut Court
1 to 2 Bedroom Apartments

Chestnut Court

757 Chestnut StGreensboro, NC 27405
  • Utilities Included
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The Inn at Greensboro
Studio to 2 Bedroom Apartments

The Inn at Greensboro

1000 W Market StGreensboro, NC 27401
Student Housing
  • Utilities Included
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Park South Apartments
1 Bedroom Apartments

Park South Apartments

230 South Park DrGreensboro, NC 27401
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Willow Ridge
2 to 4 Bedroom Apartments

Willow Ridge

2031 Willow RdGreensboro, NC 27406

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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Cottage Gardens
1 to 3 Bedroom Apartments

Cottage Gardens

301-307 AvalonGreensboro, NC 27401
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Spring Manor Apartments
2 to 3 Bedroom Apartments

Spring Manor Apartments

400 W Meadowview RdGreensboro, NC 27406
  • Utilities Included

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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Asheboro Community, Greensboro, NC Local Guide

Cheapest Available Asheboro Community Apartments for Rent

 

The cheapest available apartment rental in the Asheboro Community area of Greensboro, NC is a 1 Bed unit found at The Magnolia at Fisher Park priced from $895. Meadowview Apartments & Townhomes has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Asheboro Community apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
The Magnolia at Fisher ParkRear Layout1BR,1BA$895
Meadowview Apartments & TownhomesStudio UpgradedStudio,1BA$975
CityViewO'Henry1BR,1BA$1,086
Mendenhall Square2 x 12BR,1BA$1,199
Latham Park Manor2 Bdrm TH Full Remodel2BR,1BA$1,250

Best Value Apartments for Rent in Asheboro Community, NC

As of May 19, 2026 the best value apartment in the Asheboro Community area is the $0.64 price per square foot 903 Martin St Model at 903 Martin St, Unit B in the in the Gorrell St. Community neighborhood starting from $1,295. The second greatest value Asheboro Community apartment is the 2B Model at Bailey Village (Not Student Housing) starting at $1,450 with a $1.26 price per square foot in the Gorrell St. Community neighborhood. Here is today’s list of the best values for Asheboro Community apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
903 Martin St, Unit B903 Martin St3BR,1.5BA$0.64
Bailey Village (Not Student Housing)2B2BR,2BA$1.26
817 N Elm St, Unit A817 N Elm St1BR,1BA$0.80
102-G Wafco Lane, Unit G102-G Wafco Lane2BR,2BA$1.30
Latham Park Manor2 Bdrm TH Full Remodel2BR,1BA$1.41
704 Glover St, Unit 704 Glover St704 Glover St2BR,1BA$0.92
Mendenhall Square2 x 12BR,1BA$1.48
409 N Cedar St, Unit D409 N Cedar St1BR,1BA$1.13
Cottages at GreensboroB12BR,1BA$0.87
The Magnolia at Fisher ParkFront Layout1BR,1BA$1.54

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Asheboro Community, Greensboro, NC

Ranked #112

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Asheboro Community, Greensboro, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap Asheboro Community Apartments

What is a cheap apartment in Asheboro Community?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Asheboro Community is under $1,250.

What is the price of a cheap apartment in Asheboro Community?

The cheapest apartment in Asheboro Community is The Magnolia at Fisher Park which is listed at $895, while the average apartment in Asheboro Community costs $1,769.

What types of apartments are the cheapest in Asheboro Community?

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 7 regular apartments in Asheboro Community 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 Asheboro Community?

Cheap apartments in Asheboro Community have an average cost of $551 which is $1,218 cheaper than the average rent for all rentals in Asheboro Community.

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.