Cheap Apartments for Rent in the Cumberland Neighborhood of Greensboro, NC from $500 (68 Rentals)

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

property at 407 E Florida St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

2 Bedroom, 1 Bath Condo for Rent

Available Now

407 E Florida St, Unit B

407 E Florida St
GreensboroNC27406

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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property at 230 S Park Dr

$915

1 Bedroom Rentals

Available Now

230 S Park Dr

GreensboroNC27401
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Mendenhall Square
$1,099 - $1,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,199
Total Monthly Price
$1,099 - $1,199
1 to 2 Bedroom Apartments Available Now

Mendenhall Square

512 S MendenhallGreensboro, NC 27403
Affordability
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  • Utilities Included
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Autumn Square
2 Bedroom Apartments

Autumn Square

1500-1508 Autumn DrGreensboro, NC 27405
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Chestnut Court
1 to 2 Bedroom Apartments

Chestnut Court

757 Chestnut StGreensboro, NC 27405
  • Utilities Included

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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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
  • Utilities Included

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
property at 1504 Autumn Dr

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

2 Bedroom, 1 Bath Condo for Rent

Available Now

1504 Autumn Dr, Unit A

1504 Autumn Dr
GreensboroNC27405

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Cumberland, Greensboro, NC Local Guide

Cheapest Available Cumberland Apartments for Rent

 

The cheapest available apartment rental in the Cumberland area of Greensboro, NC is a 1 Bed unit found at New Garden Place Apartments priced from $750. Greenwood Gardens has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here are the most affordable Cumberland apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
New Garden Place Apartments1 bed 1 bath1BR,1BA$750
Greenwood Gardens900-K2BR,1BA$795
Latham Park Manor2 Bdrm TH2BR,1BA$850
102 S Mendenhall St0 Beds, 1 BathsStudio,1BA$865
Printworks Mill ApartmentsB22BR,1BA$891

Best Value Apartments for Rent in Cumberland, NC

As of July 16, 2026 the best value apartment in the Cumberland area is the $0.60 price per square foot 903 Martin St Model at 903 Martin St, Unit B in the in the Gorrell St. Community neighborhood starting from $1,195. The second greatest value Cumberland 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 Cumberland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
903 Martin St, Unit B903 Martin St3BR,1.5BA$0.60
Bailey Village (Not Student Housing)2B2BR,2BA$1.26
McIver Square Apartments: $500 OFF2 Bedroom 2 Bathroom2BR,2BA$1.36
Latham Park Manor2 Bdrm TH2BR,1BA$0.96
Legacy Crossing Townhomes2BR - 1BTH PR2BR,1BA$1.05
317 E Florida St, Unit 317-B317 E Florida St2BR,1BA$0.94
Greenwood Gardens900-K2BR,1BA$1.06
705 Glover St, Unit D705 Glover St2BR,1BA$1.04
Cottages at GreensboroB12BR,1BA$0.87
New Garden Place Apartments1 bed 1 bath1BR,1BA$1.15

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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Best Local Schools in
Cumberland, Greensboro, NC

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Frequently Asked Questions about Cheap Cumberland Apartments

What is a cheap apartment in Cumberland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Cumberland is under $891.

What is the price of a cheap apartment in Cumberland?

The cheapest apartment in Cumberland is New Garden Place Apartments which is listed at $750, while the average apartment in Cumberland costs $2,054.

What types of apartments are the cheapest in Cumberland?

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 11 regular apartments in Cumberland 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 Cumberland?

Cheap apartments in Cumberland have an average cost of $392 which is $1,662 cheaper than the average rent for all rentals in Cumberland.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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