127 S Mendenhall St
GreensboroNC27403
Cheap Apartments for Rent in the Downtown Neighborhood of Greensboro, NC from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Greensboro.
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$6951 Bedroom Apartment Available Now
1222 W Market St, Unit 1222-A
1222 W Market StGreensboro, NC 27403
828 N Elm St
GreensboroNC27401
723 N Church St
GreensboroNC27401
753 Chestnut St
GreensboroNC27405
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$850 - $950Studio Apartments Available Now
District at West Market Student Housing
830 W Market StGreensboro, NC 27401
313 Tate St
GreensboroNC27403
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Rent Specials
$940 - $1,6561 to 2 Bedroom Apartments Available Now
CityView
316 King StGreensboro, NC 27406
110 S Mendenhall St
GreensboroNC27403
800 Arlington St
GreensboroNC27406
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Showing Results 1-17, Page 1 of 1
Downtown, Greensboro, NC Local Guide
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $813 | $675 | $865 |
| Downtown 1 Bedroom Apartments | $1,510 | $695 | $1,779 |
| Downtown 2 Bedroom Apartments | $1,787 | $624 | $2,462 |
| Downtown 3 Bedroom Apartments | $2,478 | $1,195 | $2,919 |
| Downtown 4 Bedroom Apartments | $584 | $579 | $589 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Greensboro, NC.
See all Apartments in GreensboroExplore Greensboro
Downtown, Greensboro, NC Local Guide
- Nearby Greensboro neighborhoods
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Greensboro, NC is a 1 Bed unit found at Latham Park Manor priced from $835. District at West Market Student Housing has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Downtown apartments for rent in Greensboro, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Latham Park Manor | 1 Bdrm Garden | 1BR,1BA | $835 |
| District at West Market Student Housing | Studios | Studio,1BA | $850 |
| CityView | O'Henry | 1BR,1BA | $1,025 |
| Cottages at Greensboro | A1 | 1BR,1BA | $1,033 |
| Mendenhall Square | 2 x 1 | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Downtown, NC
As of November 13, 2025 the best value apartment in the Downtown area is the $1.09 price per square foot 817 N Elm St Model at 817 N Elm St, Unit H in the in the Gorrell St. Community neighborhood starting from $1,195. The second greatest value Downtown apartment is the 2 x 1 Model at Mendenhall Square starting at $1,199 with a $1.48 price per square foot in the Gorrell St. Community neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 817 N Elm St, Unit H | 817 N Elm St | 3BR,1BA | $1.09 |
| Mendenhall Square | 2 x 1 | 2BR,1BA | $1.48 |
| Spring Street Apartments | Lilac | 1BR,1BA | $2.14 |
| Greenway at Fisher Park | Crosley | 1BR,1BA | $2.07 |
| 614 S Mendenhall St, Unit 614-A | 614 S Mendenhall St | 1BR,1BA | $1.53 |
| Carroll at Bellemeade | 1x1a4b | 1BR,1BA | $2.16 |
| CityView | O'Henry | 1BR,1BA | $1.69 |
| Latham Park Manor | 1 Bdrm Garden | 1BR,1BA | $1.39 |
| Cottages at Greensboro | A1 | 1BR,1BA | $1.78 |
| 1218 W Market St, Unit 1218-C | 1218 W Market St | Studio ,1BA | $2.27 |
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Pet Friendly LifestyleDowntown, Greensboro, NC
Ranked #110
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,443.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Latham Park Manor which is listed at $835, while the average apartment in Downtown costs $2,899.
What types of apartments are the cheapest in Downtown?
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 16 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.