
Cheap Apartments for Rent in the Downtown Greensboro Neighborhood of Greensboro, NC from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Greensboro area of Greensboro.


1213 Gatewood Ave

309 York St

705 Summit Ave

2405 E Florida St

4216 Parker St

603 Park Ave

761 Chestnut St

Latham Park Manor

District at West Market Student Housing
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Lindley Park Manor

2807 Spring Garden St

2609 Spring Garden St

857 Bellevue St, Unit A

518 W Florida St

112 Odell Pl

3409 Calumet Pl

Retreat at Copper Creek - SMP

2912 W Florida St

922 Hackett St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Total Monthly Price
409 N Cedar St, Unit D

Stonesthrow

Total Monthly Price
Legacy Crossing Townhomes

Total Monthly Price
CityView

Cedar Trace

2100 Hiatt St

1103 Yanceyville St

603 Simpson St

315 S Mendenhall St

Total Monthly Price
2200 Midtown
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.

800 Arlington St

Parker Place

The Villas at Willow Oaks

Autumn Square

Chestnut Court

Trinity Gardens Apartments

The Inn at Greensboro

Parkview Apartments

Park South Apartments

Cedar Fork Apartments
The Art of the Rental Viewing: What to look for during a property tour
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.

Willow Ridge

Sherwood Court Apartments

Alexander Homes, Greensboro: Welcome Home to Spacious Living

The Southeastern Building Apartments

The Townhomes at Willow Oaks

Spring Manor Apartments

Cottage Gardens

Beck Street Apartments

Juniper Ridge I

Asberry Courts
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

How much does it cost to rent an apartment in Downtown Greensboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Greensboro Studio Apartments | $865 | $865 | $865 |
| Downtown Greensboro 1 Bedroom Apartments | $1,536 | $795 | $2,199 |
| Downtown Greensboro 2 Bedroom Apartments | $1,677 | $624 | $2,536 |
| Downtown Greensboro 3 Bedroom Apartments | $2,224 | $619 | $3,199 |
| Downtown Greensboro 4 Bedroom Apartments | $822 | $579 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Downtown Greensboro Neighborhood of Greensboro, NC.
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Downtown Greensboro, Greensboro, NC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenwood Gardens | 900-H | 2BR,1BA | $778 |
| Alexander Homes, Greensboro: Welcome Home to Spacious Living | 2 Bedroom 1 Bath | 2BR,1BA | $850 |
| District at West Market Student Housing | Studios | Studio,1BA | $850 |
| Retreat at Copper Creek - SMP | 1X1 Winston | 1BR,1BA | $925 |
| Stonesthrow | Addison 1 | 1BR,1BA | $953 |
| Legacy Crossing Townhomes | 2BR - 1BTH | 2BR,1BA | $955 |
| CityView | O'Henry | 1BR,1BA | $961 |
| Cedar Trace | Primrose | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bailey Village (Not Student Housing) | 2B | 2BR,2BA | $1.26 |
| 1708 Walker Ave, Unit 1708-B | 1708 Walker Ave | 2BR,1BA | $1.33 |
| Legacy Crossing Townhomes | 2BR - 1BTH | 2BR,1BA | $1.09 |
| Alexander Homes, Greensboro: Welcome Home to Spacious Living | 2 Bedroom 1 Bath | 2BR,1BA | $0.99 |
| 1201 Highland Ave, Unit A | 1201 Highland Ave | 2BR,1BA | $1.36 |
| 126 Tate St, Unit 126-A | 126 Tate St | 1BR,1BA | $1.44 |
| Greenwood Gardens | 904-C | 2BR,1BA | $1.06 |
| 1213 Gatewood Ave | 1213 Gatewood Ave | 2BR,1BA | $1.06 |
| Stonesthrow | Addison 1 | 1BR,1BA | $1.32 |
| 857 Bellevue St, Unit A | 857 Bellevue St | 2BR,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Best Local Schools in Downtown Greensboro, Greensboro, NC
Greensboro College Middle College
School data provided by Great Schools
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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.