
Cheap Homes for Rent in Greensboro, NC from $500 (69 Rentals)
Search the lowest-cost Homes available for rent right now in Greensboro.


Room in Duplex on S Josephine Boyd St

3105 Covedale St

3105 Covedale St

904 Lowdermilk St, Unit 904-A

2503 Campbell St

Room in Single Family Home on Beck St

114 Charles Ave

Room in Townhome on Greenbriar Rd

Room in Townhome on Greenbriar Rd
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.

7734 US-29

2515 Spring Garden St

2512 Spring Garden St

2710 Hayden St

129 Aunt Mary Ave

1503 Bellevue St

1504 Autumn Dr, Unit A

1603 Autumn Dr, Unit A

615 Julian St

215 McIver St
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.

Room in Duplex on Beck St

3700 Central Ave

3923 Overland Hts

1315 Gorrell St

5627 Hornaday Rd

2401 Phillips Ave

1010 Logan St

302 Windsor Manor Way

1617 McPherson St, Unit D

1406 Rankin Rd
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.

905 Hanahan Ct

3517 Old Battleground Rd

400 S Josephine Boyd St

220 W Market St

4403 Edgemore Rd

7169 Strawberry Rd

1104 Rucker St

2332 W Vandalia Rd

3117 Darden Rd

711 Summit Ave
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.

3109 Darden Rd

2605 Hilltop Forest Ct

410 Hickory Chapel Rd

2507 Pisgah Church Rd

11 Meadowood Glen Way, Unit 3

402 Winston St

819 Dana Pl

615 Mystic Dr

1419 Ardmore Dr, Unit B

1419 Ardmore Dr, Unit A
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.
Greensboro, NC Local Guide

How much does it cost to rent a home in Greensboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greensboro 2 Bedroom Homes for Rent | $1,354 | $795 | $2,400 |
| Greensboro 3 Bedroom Homes for Rent | $1,854 | $895 | $3,200 |
| Greensboro 4 Bedroom Homes for Rent | $2,438 | $1,570 | $5,200 |
| Greensboro 5 Bedroom Homes for Rent | $2,701 | $2,319 | $3,025 |
| Greensboro 6 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Top Homes for Rent in Greensboro
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Greensboro, NC Local Guide
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Cheapest Neighborhoods for Homes in Greensboro, NC
Pricing Updated: 09/24/2026Current rental homes in the Greensboro, NC area range in price from $500 to $5,200 with an overall median price of $1,560. The three Greensboro neighborhoods with the lowest median rent pricing are Hillsdale Lake at $1,050, Polo Farms at $1,050, and Charles Aycock Summit Ave at $1,095. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Greensboro Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Hillsdale Lake | $1,050 | $1,050 | 1 |
| Polo Farms | $1,050 | $1,050 | 1 |
| Charles Aycock Summit Ave | $1,095 | $1,095 | 1 |
| Meadowood Homes | $1,122 | $1,095 | 8 |
| Phillips Ave | $1,125 | $895 | 5 |
| Phillips Avenue | $1,125 | $895 | 5 |
| Wolfetrail Run | $1,150 | $1,150 | 1 |
| Downtown High Point | $1,175 | $650 | 18 |
| Sunset Hills Friendly Homes | $1,200 | $1,195 | 3 |
| First Farmington Apartments | $1,200 | $650 | 33 |
Best Value Homes for Rent in Greensboro, NC
As of September 24, 2026 the best value rental home in the Greensboro area is the $0.88 price per square foot 3602 Nelson Creek Ln Model at 3602 Nelson Creek Ln in the Wilpar Estates neighborhood starting from $2,705. The second greatest value Greensboro rental home is the 6714 Championship Dr Model at 6714 Championship Dr in the Lindley Park Estates neighborhood starting at $2,280 with a $0.78 price per square foot. Here is today’s list of the best values for Greensboro homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3602 Nelson Creek Ln | 3602 Nelson Creek Ln | 5BR, 2.5BA | $0.88 |
| 6714 Championship Dr | 6714 Championship Dr | 4BR, 2.5BA | $0.78 |
| 1754 Waverley Oak Drive | 1754 Waverley Oak Drive | 4BR, 2.5BA | $0.83 |
| 5004 Emberly Dr | 5004 Emberly Dr | 4BR, 2.5BA | $0.76 |
| 1303 Wakefield Pl | 1303 Wakefield Pl | 4BR, 2.5BA | $0.85 |
| 715 Sunmeadow Dr | 715 Sunmeadow Dr | 4BR, 2.5BA | $0.90 |
| Room in Duplex on S Josephine Boyd St | Room in Duplex on S Josephine Boyd St | 1BR, 1BA | $0.26 |
| Room in Single Family Home on Beck St | Room in Single Family Home on Beck St | 1BR, 1BA | $0.67 |
| Room in Duplex on Beck St | Room in Duplex on Beck St | 1BR, 1BA | $0.86 |
| Room in Townhome on Greenbriar Rd | Room in Townhome on Greenbriar Rd | 1BR, 1BA | $0.89 |
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 ArticleNavigating 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greensboro, NC Rentals by Map
See the most popular apartments and homes in Greensboro, NC
Greensboro, NC Area Reviews
Cat • 1+ years in Greensboro
October 13, 2025Greensboro 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 711 Apartments for Rent in Greensboro, NC with pricing that ranges from $499 to $6,479. There are also 421 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greensboro ranging from $500 to $5,200.
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 $500 to $5,200 with an average monthly rent of $1,772.
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 $499 to $3,843, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,570 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

Greensboro's 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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.