
Cheap Homes for Rent in Downtown Greensboro Neighborhood of Greensboro, NC from $500 (34 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Greensboro area of Greensboro.


1400 Martin Luther King Jr Dr

509 Park Terrace

1500 Autumn Dr, Unit 1

2220 Trade St

909 Hackett St

522 Banner Ave

904 Lowdermilk St
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.

1000 Arbor Dr

3600 Dakota Dr

904 Lowdermilk St

900 Lowdermilk St

3600 Dakota Dr

904 Lowdermilk St

3600 Dakota Dr

904 Lowdermilk 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.

2513 Spring Garden St

900 Lowdermilk St

720 Warren St

407 Sykes Ave, Unit D

903 E Bragg St

905 Grayland St

1504 Autumn Dr, Unit B

217 McIver St
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.

337 Martin Luther King Jr Dr, Unit C

1421 Bogart St

2308 Kersey St

1125 Hern Ave

210 Woodnell St

Room in Duplex on Beck St

Room in Condo on Beck St

507 Law St
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.

Room in Duplex on Beck St

Room in Condo on Beck St
Downtown Greensboro, Greensboro, NC Local Guide

How much does it cost to rent a home in Downtown Greensboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Greensboro 2 Bedroom Homes for Rent | $1,186 | $695 | $2,200 |
| Downtown Greensboro 3 Bedroom Homes for Rent | $1,511 | $725 | $3,000 |
| Downtown Greensboro 4 Bedroom Homes for Rent | $2,048 | $1,395 | $3,850 |
Browse Homes for Rent in this Neighborhood
There are currently 34 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 19, 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 Jolie Townhome - Renovated Model at Stonesthrow starting at $1,445 with a $1.37 price per square foot in the Hewitt Area 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 |
| Stonesthrow | Jolie Townhome - Renovated | 2BR,1.5BA | $1.37 |
| 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 |
| 857 Bellevue St, Unit A | 857 Bellevue St | 2BR,1BA | $1.11 |
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
Frequently Asked Questions about Downtown Greensboro
What type of rentals are currently available in Downtown Greensboro?
There are currently 305 Apartments for Rent in Downtown Greensboro, NC with pricing that ranges from $579 to $3,199. There are also 135 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Greensboro ranging from $555 to $3,850.
What is the current price range for Rental Homes in Downtown Greensboro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Greensboro ranges from $555 to $3,850 with an average monthly rent of $1,336.
How much are larger Three and Four Bedroom Rentals in Downtown Greensboro?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Greensboro range from $619 to $3,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $579.
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.