
Cheap Homes for Rent in the Downtown Neighborhood of Greensboro, NC from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Greensboro.


109 S Lyndon St

215 McIver St

911 Morehead Ave
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.

820 Rankin Pl, Unit C

1108 W Friendly Ave

322 S Mendenhall St

1010 Idlewood Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Downtown, Greensboro, NC Local Guide

How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $1,575 | $950 | $2,400 |
| Downtown 3 Bedroom Homes for Rent | $1,987 | $1,345 | $3,500 |
| Downtown 4 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Greensboro, NC.
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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 2 Beds unit found at Latham Park Manor priced from $850. 102 S Mendenhall St has the second lowest priced unit, which is a Studio apartment currently listed from $865. Here are the most affordable Downtown apartments for rent in Greensboro, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Latham Park Manor | 2 Bdrm TH | 2BR,1BA | $850 |
| 102 S Mendenhall St | 0 Beds, 1 Baths | Studio,1BA | $865 |
| CityView | O'Henry | 1BR,1BA | $944 |
Best Value Apartments for Rent in Downtown, NC
As of July 22, 2026 the best value apartment in the Downtown area is the $0.60 price per square foot 903 Martin St Model at 903 Martin St, Unit B in the in the Gorrell St. Community neighborhood starting from $1,195. The second greatest value Downtown apartment is the 2x2b3b4 (B3B4) Model at Carroll at Bellemeade starting at $2,062 with a $1.50 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. |
|---|---|---|---|
| 903 Martin St, Unit B | 903 Martin St | 3BR,1.5BA | $0.60 |
| Carroll at Bellemeade | 2x2b3b4 (B3B4) | 2BR,2BA | $1.50 |
| Bailey Village (Not Student Housing) | 2B | 2BR,2BA | $1.26 |
| McIver Square Apartments: NEAR UNCG | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.36 |
| 102-G Wafco Lane, Unit G | 102-G Wafco Lane | 2BR,2BA | $1.60 |
| Latham Park Manor | 2 Bdrm TH | 2BR,1BA | $0.96 |
| Mendenhall Square | 2 x 1 | 2BR,1BA | $1.48 |
| 630 Joyner St, Unit 4 | 630 Joyner St | 1BR,1BA | $1.44 |
| 817 N Elm St, Unit C | 817 N Elm St | 1BR,1BA | $1.59 |
| Cottages at Greensboro | B1 | 2BR,1BA | $0.87 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestyleDowntown, Greensboro, NC
Ranked #115
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 138 Apartments for Rent in Downtown, NC with pricing that ranges from $539 to $2,899. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $895 to $3,500.
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 $895 to $3,500 with an average monthly rent of $1,572.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,195 to $2,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,345 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $539.
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

Greensboros Collegiate Charms: The Best Neighborhoods for Renters in Greensboro
Written by: Catrina Cowart
Greensboro is a beautiful city; it's one that has areas with parks and churches, downtown events, and interesting things to do.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.