Cheap Apartments for Rent in the Downtown Greensboro Neighborhood of Greensboro, NC from $400 (119 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Greensboro 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

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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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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
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Mendenhall Square
Rent Specials
$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
  • Verified
  • Utilities Included
  • Smoke Free
property at 2005 Bertie St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

2005 Bertie St

GreensboroNC27403

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1004 Idlewood Dr

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Home for Rent

Available Now

1004 Idlewood Dr

GreensboroNC27408
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903 Martin St, Unit B
$1,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195
3 Bedroom Apartment Available Now

903 Martin St, Unit B

903 Martin StGreensboro, NC 27406
Cost Per Sq.Ft.
  • Smoke Free
property at 1104 Logan St

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

3 Bedroom, 1 Bath Home for Rent

Available Now

1104 Logan St

GreensboroNC27406
property at 1112 S Benbow Rd

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

1112 S Benbow Rd

GreensboroNC27406
property at 2400 W Florida St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1.5 Bath Home for Rent

Available Jul 6

2400 W Florida St

GreensboroNC27403

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.

Downtown Greensboro, Greensboro, NC Local Guide

Cheapest Available Downtown Greensboro Apartments for Rent

 

The cheapest available apartment rental in the Downtown Greensboro 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 Downtown Greensboro 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
Legacy Crossing Townhomes2BR - 1BTH PR2BR,1BA$955

Best Value Apartments for Rent in Downtown Greensboro, NC

As of July 03, 2026 the best value apartment in the Downtown Greensboro 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 Downtown Greensboro apartment is the 407 Warren St Model at 407 Warren St, Unit A starting at $1,350 with a $0.84 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Downtown Greensboro 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
407 Warren St, Unit A407 Warren St2BR,1BA$0.84
Spring Garden Station4 Bedroom4BR,4BA$0.55
2909 Spring Garden St, Unit 2909-B2909 Spring Garden St2BR,2BA$1.02
Legacy Crossing Townhomes2BR - 1BTH PR2BR,1BA$1.09
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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities and towns across the United States, including Greensboro. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Greensboro Apartments

What is a cheap apartment in Downtown Greensboro?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Greensboro is under $955.

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

The cheapest apartment in Downtown Greensboro is New Garden Place Apartments which is listed at $750, while the average apartment in Downtown Greensboro costs $1,856.

What types of apartments are the cheapest in Downtown Greensboro?

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 17 regular apartments in Downtown Greensboro 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 Downtown Greensboro?

Cheap apartments in Downtown Greensboro have an average cost of $377 which is $1,479 cheaper than the average rent for all rentals in Downtown Greensboro.

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

Written by: Robin Stewart

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

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.