Cheap Apartments for Rent in the Downtown Greensboro Neighborhood of Greensboro, NC from $400 (50 Rentals)

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

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Greenwood Gardens
$778 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$693 - $910
Required Monthly Fees
$85

Total Monthly Price
$778 - $995
2 Bedroom Apartments Available Now

Greenwood Gardens

904 Lowdermilk StGreensboro, NC 27401
Affordability
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CityView
$961 - $1,768
Total Monthly Price

Total Monthly Price

Base Rent
$911 - $1,718
Required Monthly Fees
$50

Total Monthly Price
$961 - $1,768
1 to 2 Bedroom Apartments Available Now

CityView

316 King StGreensboro, NC 27406
Furnished
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  • Customer Reviewed
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2200 Midtown
$999 - $1,249
Total Monthly Price

Total Monthly Price

Base Rent
$969 - $1,219
Required Monthly Fees
$30

Total Monthly Price
$999 - $1,249
1 to 2 Bedroom Apartments Available Now

2200 Midtown

2200 W Cornwallis DrGreensboro, NC 27408
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Parker Place
2 Bedroom Apartments

Parker Place

4300 ParkerGreensboro, NC 27405
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Autumn Square
2 Bedroom Apartments

Autumn Square

1500-1508 Autumn DrGreensboro, NC 27405
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Chestnut Court
1 to 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

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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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Willow Ridge
2 to 4 Bedroom Apartments

Willow Ridge

2031 Willow RdGreensboro, NC 27406
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Spring Manor Apartments
2 to 3 Bedroom Apartments

Spring Manor Apartments

400 W Meadowview RdGreensboro, NC 27406
  • Utilities Included
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Cottage Gardens
1 to 3 Bedroom Apartments

Cottage Gardens

301-307 AvalonGreensboro, NC 27401
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Beck Street Apartments
2 to 4 Bedroom Apartments

Beck Street Apartments

3300-3328 Beck StGreensboro, NC 27405
  • Utilities Included
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Juniper Ridge I
1 to 2 Bedroom Apartments

Juniper Ridge I

2904-2914 W FloridaGreensboro, NC 27407
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Asberry Courts
1 to 3 Bedroom Apartments

Asberry Courts

1230 S Eugene StGreensboro, NC 27406

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 2 Beds unit found at Greenwood Gardens priced from $778. Alexander Homes, Greensboro: Welcome Home to Spacious Living has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here are the most affordable Downtown Greensboro apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Greenwood Gardens900-H2BR,1BA$778
Alexander Homes, Greensboro: Welcome Home to Spacious Living2 Bedroom 1 Bath2BR,1BA$850
District at West Market Student HousingStudiosStudio,1BA$850
Retreat at Copper Creek - SMP1X1 Winston1BR,1BA$925
StonesthrowAddison 11BR,1BA$953
Legacy Crossing Townhomes2BR - 1BTH2BR,1BA$955
CityViewO'Henry1BR,1BA$961
Cedar TracePrimrose1BR,1BA$965

Best Value Apartments for Rent in Downtown Greensboro, NC

As of February 17, 2026 the best value apartment in the Downtown Greensboro area is the $1.26 price per square foot 2B Model at Bailey Village (Not Student Housing) in the in the Gorrell St. Community neighborhood starting from $1,450. The second greatest value Downtown Greensboro apartment is the 1708 Walker Ave Model at 1708 Walker Ave, Unit 1708-B starting at $1,195 with a $1.33 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.
Bailey Village (Not Student Housing)2B2BR,2BA$1.26
1708 Walker Ave, Unit 1708-B1708 Walker Ave2BR,1BA$1.33
Legacy Crossing Townhomes2BR - 1BTH2BR,1BA$1.09
Alexander Homes, Greensboro: Welcome Home to Spacious Living2 Bedroom 1 Bath2BR,1BA$0.99
1201 Highland Ave, Unit A1201 Highland Ave2BR,1BA$1.36
126 Tate St, Unit 126-A126 Tate St1BR,1BA$1.44
Greenwood Gardens904-C2BR,1BA$1.06
1213 Gatewood Ave1213 Gatewood Ave2BR,1BA$1.06
StonesthrowAddison 11BR,1BA$1.32
857 Bellevue St, Unit A857 Bellevue St2BR,1BA$1.18

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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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 $965.

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

The cheapest apartment in Downtown Greensboro is Retreat at Copper Creek - SMP which is listed at $925, while the average apartment in Downtown Greensboro costs $2,899.

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 36 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 $389 which is $2,510 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.

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