Cheap Apartments for Rent in the Downtown Community Neighborhood of Greensboro, NC from $500 (12 Rentals)

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

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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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

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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Asberry Courts
1 to 3 Bedroom Apartments

Asberry Courts

1230 S Eugene StGreensboro, NC 27406

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 Studio unit found at District at West Market Student Housing priced from $825. CityView has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,077. Here are the most affordable Downtown Community apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
District at West Market Student HousingStudiosStudio,1BA$825
CityViewO'Henry1BR,1BA$1,077
Greenway at Fisher ParkWesterwood1BR,1BA$1,455
Fountain ViewLuxury 2BR/2BA Condo2BR,2BA$1,695
Carroll at Bellemeade2x2b3b42BR,2BA$2,438

Best Value Apartments for Rent in Downtown Community, NC

As of July 09, 2025 the best value apartment in the Downtown Community area is the $1.98 price per square foot 2x2b5 Model at Carroll at Bellemeade in the in the Gorrell St. Community neighborhood starting from $2,583. The second greatest value Downtown Community apartment is the Luxury 2BR/2BA Condo Model at Fountain View starting at $1,695 with a $1.33 price per square foot in the Gorrell St. Community 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.
Carroll at Bellemeade2x2b52BR,2BA$1.98
Fountain ViewLuxury 2BR/2BA Condo2BR,2BA$1.33
817 N Elm St, Unit H817 N Elm St3BR,1BA$1.27
206 N Mendenhall St, Unit 3206 N Mendenhall St2BR,1BA$1.21
Greenway at Fisher ParkAycock1BR,1BA$2.28
CityViewO'Henry1BR,1BA$1.78
District at West Market Student HousingStudiosStudio ,1BA$2.58

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Pet Friendly Lifestyle
Downtown Community, Greensboro, NC

Ranked #108

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 a cheap apartment in Downtown Community?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Community is under $2,438.

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

The cheapest apartment in Downtown Community is CityView which is listed at $1,077, while the average apartment in Downtown Community costs $2,899.

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 2 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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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.

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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.