Cheap Homes for Rent in Downtown Community Neighborhood of Greensboro, NC from $700 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown 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.

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

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.

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 1 Bed unit found at CityView priced from $970. Mendenhall Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Downtown Community apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
CityViewO'Henry1BR,1BA$970
Mendenhall Square1 x 11BR,1BA$1,099
Bailey Village (Not Student Housing)2B2BR,2BA$1,450

Best Value Apartments for Rent in Downtown Community, NC

As of June 19, 2026 the best value apartment in the Downtown Community area is the $1.58 price per square foot 2x2b5 (B5) Model at Carroll at Bellemeade in the in the Gorrell St. Community neighborhood starting from $2,056. The second greatest value Downtown 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 Downtown Community apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carroll at Bellemeade2x2b5 (B5)2BR,2BA$1.58
Bailey Village (Not Student Housing)2B2BR,2BA$1.26
102-G Wafco Lane, Unit G102-G Wafco Lane2BR,2BA$1.30
Mendenhall Square2 x 12BR,1BA$1.48
817 N Elm St, Unit C817 N Elm St1BR,1BA$1.73
Spring Street ApartmentsLavender1BR,1BA$2.45
CityViewNorfolk1BR,1BA$1.70
Cottages at GreensboroB12BR,1BA$0.87
Greenway at Fisher ParkAycock1BR,1BA$2.28
1218 W Market St, Unit 1218-E1218 W Market StStudio ,1BA$2.27

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
Downtown Community, Greensboro, NC

Ranked #122

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Downtown Community

What type of rentals are currently available in Downtown Community?

There are currently 137 Apartments for Rent in Downtown Community, NC with pricing that ranges from $539 to $2,899. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Community ranging from $795 to $3,500.

What is the current price range for Rental Homes in Downtown Community?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Community ranges from $795 to $3,500 with an average monthly rent of $1,552.

How much are larger Three and Four Bedroom Rentals in Downtown Community?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Community range from $2,899 to $2,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $539.

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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.