Cheap Apartments for Rent in the Downtown Greensboro Neighborhood of Greensboro, NC from $400 (93 Rentals)

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

property at 822 Holt Ave

$500

Total Monthly Price

Total Monthly Price

Base Rent
$500

Total Monthly Price
$500

1 Bedroom, 1 Bath Home for Rent

Available Now

822 Holt Ave

GreensboroNC27405

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2200 Midtown
Rent Specials
$899 - $1,249
Total Monthly Price

Total Monthly Price

Base Rent
$869 - $1,219
Required Monthly Fees
$30

Total Monthly Price
$899 - $1,249
1 to 2 Bedroom Apartments Available Now

2200 Midtown

2200 W Cornwallis DrGreensboro, NC 27408
Affordability
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  • 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.

property at 1617 McPherson St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

3 Bedroom, 1 Bath Condo for Rent

Available Now

1617 McPherson St, Unit D

1617 McPherson St
GreensboroNC27405

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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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CityView
$1,005 - $1,688
Total Monthly Price

Total Monthly Price

Base Rent
$955 - $1,638
Required Monthly Fees
$50

Total Monthly Price
$1,005 - $1,688
1 to 2 Bedroom Apartments Available Now

CityView

316 King StGreensboro, NC 27406
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Parker Place
2 Bedroom Apartments

Parker Place

4300 ParkerGreensboro, NC 27405

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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 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 $778. 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-H2BR,1BA$778
Latham Park Manor2 Bdrm TH2BR,1BA$850
The Magnolia at Fisher ParkRear Layout1BR,1BA$895

Best Value Apartments for Rent in Downtown Greensboro, NC

As of April 03, 2026 the best value apartment in the Downtown Greensboro area is the $1.38 price per square foot Athena Premium Model at Reynolds Place Apartments in the in the College Hill neighborhood starting from $1,620. The second greatest value Downtown Greensboro 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 Greensboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reynolds Place ApartmentsAthena Premium2BR,2BA$1.38
Bailey Village (Not Student Housing)2B2BR,2BA$1.26
2012 Maywood St2BR/1.0BA2BR,1BA$1.34
Legacy Crossing Townhomes2BR - 1BTH PR2BR,1BA$1.09
409 Sykes Ave, Unit 409-A409 Sykes Ave2BR,1BA$1.03
409 N Cedar St, Unit D409 N Cedar St1BR,1BA$1.13
Greenwood Gardens904-C2BR,1BA$1.06
705 Glover St, Unit E705 Glover St2BR,1BA$1.08
201 Woodnell St, Unit 201-D201 Woodnell St1BR,1BA$1.11
New Garden Place Apartments1 bed 1 bath1BR,1BA$1.15

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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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

How much is rent for a Cheap One Bedroom Downtown Greensboro Apartment?

The lowest price for a Cheap One Bedroom Downtown Greensboro Apartment is $750 at New Garden Place Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Greensboro Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Greensboro is starting from $778 at Greenwood Gardens.

What is the most affordable Downtown Greensboro Three Bedroom Apartment?

The best deal on a cheap Downtown Greensboro Three Bedroom Apartment rental is at Stonesthrow and starts from $1,669.

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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Maximizing Your Refund: Essential Tax Tips for Renters

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.