Cheap Apartments for Rent in the Downtown Community Neighborhood of Greensboro, NC from $500 (8 Rentals)

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

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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Chestnut Court
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
  • Utilities Included

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.

Downtown Community, Greensboro, NC Local Guide

Cheapest Available Downtown Community Apartments for Rent

 

The cheapest available apartment rental in the Downtown Community area of Greensboro, NC is a 2 Beds unit found at CityView priced from $1,196. Center Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable Downtown Community apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
CityViewGreene2BR,2BA$1,196
Center PointeOne Bedroom1BR,1BA$1,275
Greenway at Fisher ParkWesterwood1BR,1BA$1,395

Best Value Apartments for Rent in Downtown Community, NC

As of May 24, 2025 the best value apartment in the Downtown Community area is the $1.47 price per square foot Luxury 2BR/2BA Condo Model at Fountain View in the in the Gorrell St. Community neighborhood starting from $1,865. The second greatest value Downtown Community apartment is the Apollo Model at Reynolds Place Apartments starting at $1,700 with a $1.45 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Downtown Community apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain ViewLuxury 2BR/2BA Condo2BR,2BA$1.47
Reynolds Place ApartmentsApollo3BR,3BA$1.45
630 Joyner St, Unit 2630 Joyner St1BR,1BA$1.31
Carroll at Bellemeade1x1a61BR,1BA$2.27
Greenway at Fisher ParkAycock1BR,1BA$2.28
Center PointeOne Bedroom1BR,1BA$2.04
CityViewO'Henry1BR,1BA$2.10

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Downtown Community, Greensboro, NC

Ranked #77

Among neighborhoods in Greensboro, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Community Apartments

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

The cheapest apartment in Downtown Community is CityView which is listed at $1,212, while the average apartment in Downtown Community costs $1,825.

What types of apartments are the cheapest in Downtown 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 4 regular apartments in Downtown Community that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.