Cheap Homes for Rent in Greensboro, NC from $700 (94 Rentals)

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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.

property at 7734 US-29

7734 US-29

Browns SummitNC27214

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.

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.

property at 308 Marshall St

308 Marshall St

GreensboroNC27401
property at 1104 Logan St

1104 Logan St

GreensboroNC27406

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Greensboro, NC Local Guide

Cheapest Neighborhoods for Apartments in Greensboro, NC

Pricing Updated: 06/17/2025

Current apartment rentals in the Greensboro, NC area range in price from $550 to $4,000 with an overall median price of $2,335. The three Greensboro neighborhoods with the lowest median rent pricing are Stephens Street at $1,095, McConnell Rd Community at $750, and Tolbert at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Greensboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Stephens Street$1,095$1,0953
McConnell Rd Community$1,200$7509
Tolbert$1,225$7508
Garden Homes$1,350$1,3501
Phillips Avenue$1,395$9504
Riverdale Ridge$1,395$1,0957
Charles Aycock$1,400$87512
Brandt Trace Farms$1,450$1,2001
O Henry Oaks$1,497$1,3002
Woodlea Lakes$1,545$1,0008

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 1 Bed unit found at The Retreat in the Madison Woods neighborhood priced from $750. Pelham Place in the Vernon Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RetreatThe Ayers1BR,1BA$750
Pelham Place1 Bed 1 Bath Renovated1BR,1BA$775
Farmwood Gardens1x11BR,1BA$799
Cambridge Apartments1 BR - 1 BA1BR,1BA$825
Suffolk Place ApartmentsOne Bedroom1BR,1BA$825
Summit Village ApartmentsMaple Studio Renovated1BR,1BA$825

Best Value Apartments for Rent in Greensboro, NC

As of June 17, 2025 the best value apartment in the Greensboro area is the $1.04 price per square foot Foxfire 2 Bedroom 1.5 Bathroom Model at Cloisters and Foxfire Apartments in the in the Wendover Landing neighborhood starting from $1,100. The second greatest value Greensboro apartment is the 2 Bed Townhome Model at Park Place starting at $1,099 with a $1.05 price per square foot in the Madison Woods neighborhood. Here is today’s list of the best values for Greensboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cloisters and Foxfire ApartmentsFoxfire 2 Bedroom 1.5 Bathroom2BR,1.5BA$1.04
Park Place2 Bed Townhome2BR,1.5BA$1.05
Stonesthrow Apartment HomesGrace2BR,2BA$1.05
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath with Patio a Lindell3BR,2BA$0.58
The Oaks Gate City2 Bedroom Townhome2BR,1BA$0.94
The ArborsThe Beech2BR,1BA$1.02
Lemans at LawndaleThe Bonelli2BR,1BA$1.04
Juniper Ridge II2 Bedroom Renovated2BR,2BA$1.06
Alexander Homes, Greensboro: Welcome Home2 Bedroom 1 Bath2BR,1BA$0.99
3429 Wichita Pl, Unit 3429-33429 Wichita Pl2BR,1BA$0.94

Quick Rent Budget Calculator

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Frequently Asked Questions about Greensboro

What type of rentals are currently available in Greensboro?

There are currently 682 Apartments for Rent in Greensboro, NC with pricing that ranges from $550 to $5,871. There are also 442 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greensboro ranging from $725 to $4,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greensboro ranges from $725 to $4,000 with an average monthly rent of $1,753.

How much are larger Three and Four Bedroom Rentals in Greensboro?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Greensboro range from $605 to $5,871, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $579.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.