Cheap Homes for Rent in Greensboro, NC from $500 (113 Rentals)

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

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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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.

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property at 1504 Autumn Dr

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

2 Bedroom, 1 Bath Condo for Rent

Available Now

1504 Autumn Dr, Unit A

1504 Autumn Dr
GreensboroNC27405
property at 1603 Autumn Dr

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

2 Bedroom, 1 Bath Condo for Rent

Available Now

1603 Autumn Dr, Unit A

1603 Autumn Dr
GreensboroNC27405
property at 3432 Wichita Pl

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

3432 Wichita Pl

GreensboroNC27405

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 1315 Gorrell St

$850 - $1,100

1 Bedroom Rentals

Available Now

1315 Gorrell St

GreensboroNC27401
property at 3923 Overland Hts

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3923 Overland Hts

GreensboroNC27407

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 5611 Hornaday Rd

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025
Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

5611 Hornaday Rd, Unit 5611-L

5611 Hornaday Rd
GreensboroNC27409
property at 2624 Guyer St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

2 Bedroom, 2 Bath Condo for Rent

Available Now

2624 Guyer St, Unit 2A

2624 Guyer St
High PointNC27265

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Greensboro, NC Local Guide

Cheapest Neighborhoods for Apartments in Greensboro, NC

Pricing Updated: 08/10/2026

Current apartment rentals in the Greensboro, NC area range in price from $495 to $5,400 with an overall median price of $1,582. The three Greensboro neighborhoods with the lowest median rent pricing are Phillips Ave at $950, Phillips Avenue at $950, and O Henry Oaks at $1,150. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Greensboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Phillips Ave$950$8955
Phillips Avenue$950$8955
O Henry Oaks$1,150$65010
Downtown High Point$1,200$60014
Swathmore Avenue Industrial Park$1,250$80024
Hillsdale$1,272$57549
Fairfield$1,275$80017
First Farmington Apartments$1,287$60044
Lindley Park$1,295$57546
Piedmont Hills$1,295$57553

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 3 Beds unit found at Reynolds Place Apartments: NEAR UNCG in the College Hill neighborhood priced from $583. Lakewood in the Madison Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Reynolds Place Apartments: NEAR UNCGNike3BR,2BA$583
Lakewood1BR/ 1BA1BR,1BA$725
New Garden Place Apartments1 bed 1 bath1BR,1BA$750
The RetreatThe Ayers1BR,1BA$750
Greenwood Gardens900-K2BR,1BA$795
The Pointe at White Oak1 Bed/1 Bath1BR,1BA$799
Farmwood Gardens1x11BR,1BA$799
New Irving HeightsDogwood2BR,1BA$800
Pepper Tree Apartments1BR/1BA1BR,1BA$802

Best Value Apartments for Rent in Greensboro, NC

As of August 10, 2026 the best value apartment in the Greensboro 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 Greensboro apartment is the The Bradford (Stand Alone) Model at WestVue starting at $810 with a $0.59 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.
903 Martin St, Unit B903 Martin St3BR,1.5BA$0.60
WestVueThe Bradford (Stand Alone)2BR,2.5BA$0.59
Spring Garden Station4 Bedroom4BR,4BA$0.51
Chestnut Court2 Beds, 1 Baths2BR,1BA$0.93
The Oaks Gate City2 Bedroom Townhome2BR,1BA$0.94
Legacy Pointe Apartments2 Bed, 1 Bath2BR,1BA$0.99
The ArborsThe Beech2BR,1BA$0.98
Lemans at LawndaleThe Bonelli2BR,1BA$0.98
Legacy Crossing Townhomes2BR - 1BTH PR2BR,1BA$1.05
3600 Cannan Forest Dr, Unit 3600-C3600 Cannan Forest Dr2BR,1BA$0.97

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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Real 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.

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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 720 Apartments for Rent in Greensboro, NC with pricing that ranges from $583 to $6,265. There are also 537 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greensboro ranging from $575 to $5,400.

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 $575 to $5,400 with an average monthly rent of $1,778.

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 $583 to $4,120, while Three Bedroom Homes, Condos, and Townhomes for rent range from $617 to $3,010. Four Bedroom Single-Family rentals are also available starting from $575 and Four Bedroom Apartments start at $584.

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

decorative image for Greensboros Collegiate Charms: The Best Neighborhoods for Renters in Greensboro article

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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.