Cheap Homes for Rent in Greensboro, NC from $300 (77 Rentals)

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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.

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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.

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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.

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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.

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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.

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Greensboro, NC Local Guide

Cheapest Neighborhoods for Apartments in Greensboro, NC

Pricing Updated: 01/04/2026

Current apartment rentals in the Greensboro, NC area range in price from $550 to $3,590 with an overall median price of $1,777. The three Greensboro neighborhoods with the lowest median rent pricing are Outer Downtown Greensboro at $799, Lowdermilk Area at $578, and McConnell Rd Community at $799. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Greensboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Outer Downtown Greensboro$955$79915
Lowdermilk Area$995$57836
McConnell Rd Community$995$79910
Heath Community$1,028$57927
College Forest$1,036$57940
Eastside Park$1,036$57940
Tolbert$1,082$57926
Glendale Hills$1,200$57853
Spring Valley$1,200$605119
Kings Forest$1,215$57848

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 1 Bed unit found at Lakewood in the Madison Woods neighborhood priced from $710. The Retreat in the Madison Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood1BR/1BA1BR,1BA$710
The RetreatThe Ayers1BR,1BA$735
Wendover River OaksLatham1BR,1BA$790
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$795
Farmwood Gardens1x11BR,1BA$799
North Lakes1 Bedroom 1 Bathroom1BR,1BA$799
Market StationStudio SmallStudio,1BA$799
The Pointe at White Oak1 Bed/1 Bath1BR,1BA$799
27 North ApartmentsWhite Oak Classic1BR,1BA$805

Best Value Apartments for Rent in Greensboro, NC

As of January 05, 2026 the best value apartment in the Greensboro area is the $1.07 price per square foot Chaplin Elevator Model at 2918 North at Winstead Commons in the in the Old Irving Park neighborhood starting from $1,299. The second greatest value Greensboro apartment is the The Cyprus Model at The Arbors starting at $1,145 with a $1.00 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.
2918 North at Winstead CommonsChaplin Elevator2BR,2BA$1.07
The ArborsThe Cyprus3BR,1BA$1.00
School at Spring Garden Student Apartments3BR/3BA3BR,3BA$0.58
Meadow Park Apartments3 Bedroom3BR,2BA$1.07
Park Place2 Bed Townhome2BR,1.5BA$1.01
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Patio3BR,2BA$0.60
The Oaks Gate City2 Bedroom Townhome2BR,1BA$0.94
Legacy Crossing Apartments2 Bedroom Townhome2BR,1BA$1.09
Alexander Homes, Greensboro: Welcome Home to Spacious Living2 Bedroom 1 Bath2BR,1BA$0.99
1815 McKnight Mill Rd, Unit 1815-A1815 McKnight Mill Rd2BR,1BA$1.00

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.

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The 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.

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Cash 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.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Greensboro, NC Rentals by Map

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Greensboro, NC Area Reviews

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Cat • 1+ years in Greensboro

October 13, 2025

Greensboro is a beautiful community, especially if you're able to live in some of the nicer areas. While there are some neighborhoods that are a little run down, I would say I have never felt out of place in Greensboro--- everyone is friendly, the schools are nice, and there is a good sense of community.

Frequently Asked Questions about Greensboro

What type of rentals are currently available in Greensboro?

There are currently 702 Apartments for Rent in Greensboro, NC with pricing that ranges from $550 to $3,590. There are also 523 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greensboro ranging from $345 to $4,995.

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 $345 to $4,995 with an average monthly rent of $1,831.

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 $3,340, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,350 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

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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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.