Cheap Homes for Rent in Downtown Neighborhood of Greensboro, NC from $700 (8 Rentals)

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

property at 847 Broad Ave

847 Broad Ave

GreensboroNC27406

Downtown, Greensboro, NC Local Guide

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 ListingModel NameBed/BathPriced From
Latham Park Manor1 Bdrm Garden1BR,1BA$835
District at West Market Student HousingStudiosStudio,1BA$850
CityViewO'Henry1BR,1BA$1,025

Best Value Apartments for Rent in Downtown, NC

As of November 11, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
817 N Elm St, Unit H817 N Elm St3BR,1BA$1.09
Mendenhall Square2 x 12BR,1BA$1.48
Spring Street ApartmentsLilac1BR,1BA$2.14
614 S Mendenhall St, Unit 614-A614 S Mendenhall St1BR,1BA$1.53
Carroll at Bellemeade1x1a4b1BR,1BA$2.16
CityViewO'Henry1BR,1BA$1.69
Latham Park Manor1 Bdrm Garden1BR,1BA$1.39
Cottages at GreensboroA11BR,1BA$1.78
1218 W Market St, Unit 1218-C1218 W Market StStudio ,1BA$2.27
District at West Market Student HousingStudiosStudio ,1BA$2.66

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Pet Friendly Lifestyle
Downtown, Greensboro, NC

Ranked #109

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 134 Apartments for Rent in Downtown, NC with pricing that ranges from $579 to $2,919. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $725 to $3,000.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $725 to $3,000 with an average monthly rent of $1,413.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.