Cheap Apartments for Rent in the Downtown Greensboro Neighborhood of Greensboro, NC from $400 (71 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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1102 Logan St, Unit A
$795
Total Monthly Price

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795
1 Bedroom Apartment Available Sep 1

1102 Logan St, Unit A

1102 Logan StGreensboro, NC 27406
Cost Per Sq.Ft.
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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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property at 230 S Park Dr

$915

1 Bedroom Rentals

Available Now

230 S Park Dr

GreensboroNC27401

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.

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property at 820 Rankin Pl

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

1 Bedroom, 1 Bath Condo for Rent

Available Now

820 Rankin Pl, Unit C

820 Rankin Pl
GreensboroNC27403
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Parker Place
2 Bedroom Apartments

Parker Place

4300 ParkerGreensboro, NC 27405

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.

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Autumn Square
2 Bedroom Apartments

Autumn Square

1500-1508 Autumn DrGreensboro, NC 27405
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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

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Willow Ridge
2 to 4 Bedroom Apartments

Willow Ridge

2031 Willow RdGreensboro, NC 27406

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.

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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 3 Beds unit found at Reynolds Place Apartments: NEAR UNCG priced from $583. New Garden Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown Greensboro apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Reynolds Place Apartments: NEAR UNCGNike3BR,2BA$583
New Garden Place Apartments1 bed 1 bath1BR,1BA$750
Greenwood Gardens900-K2BR,1BA$795
201 E Meadowview Road1BR/1.0BA1BR,1BA$825
102 S Mendenhall St0 Beds, 1 BathsStudio,1BA$865
The Magnolia at Fisher ParkRear Layout1BR,1BA$895
Retreat at Copper Creek - SMP1X1 Winston1BR,1BA$925
Chestnut Court2 Beds, 1 Baths2BR,1BA$925
Legacy Crossing Townhomes2BR - 1BTH PR2BR,1BA$925

Best Value Apartments for Rent in Downtown Greensboro, NC

As of August 17, 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 4 Bedroom Model at Spring Garden Station starting at $700 with a $0.51 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
Spring Garden Station4 Bedroom4BR,4BA$0.51
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Sunroom3BR,2BA$0.58
Meadowview Apartments & Townhomes2BR - 1.5BTH Townhome Upgraded2BR,1.5BA$1.15
The Vic2 Bed 2 Bath Phase 12BR,2BA$0.56
Chestnut Court2 Beds, 1 Baths2BR,1BA$0.93
Legacy Crossing Townhomes2BR - 1BTH PR2BR,1BA$1.05
Greenwood Gardens900-K2BR,1BA$1.06
3602 Greensboro St, Unit D3602 Greensboro St2BR,1BA$1.07
Cottages at GreensboroB12BR,1BA$0.94

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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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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Best Local Schools in
Downtown Greensboro, Greensboro, NC

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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 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 $1,600.

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 38 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 $189 which is $1,411 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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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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.