Cheap Homes for Rent in the Downtown Community Neighborhood of Greensboro, NC from $850 (5 Rentals)

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

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.

property at 711 Summit Ave
$1,045 - $1,095
1 To 2 Bedroom Rentals
Available Now

711 Summit Ave

GreensboroNC27405

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1006 W Bessemer Ave
$1,225

Total Monthly Price

Base Rent$1,225

Total Monthly Price$1,225
2 Bedroom, 1 Bath Home for Rent
Available Now

1006 W Bessemer Ave

GreensboroNC27408

Downtown Community, Greensboro, NC Local Guide

Best Value Homes for Rent in Downtown Community, NC

As of September 18, 2026 the best value rental home in the Downtown Community area is the $1.19 price per square foot 507 Bennett St Model at 507 Bennett St in the Gorrell St. Community neighborhood starting from $2,250. The second greatest value Downtown Community rental home is the 1007 Haywood St Model at 1007 Haywood St in the Gorrell St. Community neighborhood starting at $2,700 with a $2.27 price per square foot. Here is today’s list of the best values for Downtown Community homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
507 Bennett St507 Bennett St4BR, 2BA$1.19
1007 Haywood St1007 Haywood St3BR, 2BA$2.27
1006 W Bessemer Ave1006 W Bessemer Ave2BR, 1BA$1.23

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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

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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 #130

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 133 Apartments for Rent in Downtown Community, NC with pricing that ranges from $584 to $3,027. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Community ranging from $850 to $2,700.

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 $850 to $2,700 with an average monthly rent of $1,664.

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 $1,095 to $2,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $584.

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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Greensboros Collegiate Charms: The Best Neighborhoods for Renters in Greensboro

Written by: Catrina Cowart

Greensboro is a beautiful city; it's one that has areas with parks and churches, downtown events, and interesting things to do.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.