Cheap Homes for Rent in Greensboro, NC from $500 (50 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
property at 1228 Westside Dr

1228 Westside Dr

GreensboroNC27405

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.

Read Article
Showing Results 1-50, Page 1 of 1

Greensboro, NC Local Guide

Cheapest Neighborhoods for Apartments in Greensboro, NC

Pricing Updated: 09/12/2025

Current apartment rentals in the Greensboro, NC area range in price from $579 to $4,089 with an overall median price of $1,650. The three Greensboro neighborhoods with the lowest median rent pricing are Outer Downtown Greensboro at $955, Manchester at $825, and Lamrocton at $725. 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$9555
Manchester$1,250$82519
Lamrocton$1,270$725135
Swans Landing$1,279$70023
Rolling Roads$1,281$605173
Swathmore Avenue Industrial Park$1,290$75018
College Forest$1,299$57935
Eastside Park$1,299$57935
Franklin Blvd Shirley Lane$1,299$57948
Glendale Hills$1,299$57940

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a 1 Bed unit found at Ridgewood Apartments in the Madison Woods neighborhood priced from $795. Farmwood Gardens in the Vernon Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$795
Farmwood Gardens1x11BR,1BA$799
The RetreatThe Ayers1BR,1BA$805
Pepper Tree Apartments1BR/1BA1BR,1BA$835
Latham Park Manor1 Bdrm Garden1BR,1BA$835
Summit Village ApartmentsBirch1BR,1BA$840

Best Value Apartments for Rent in Greensboro, NC

As of September 12, 2025 the best value apartment in the Greensboro area is the $0.58 price per square foot 3BR/3BA Model at School at Spring Garden Student Apartments in the in the College Hill neighborhood starting from $660. The second greatest value Greensboro apartment is the Designer Style 3 Bed X 2 Bath - Sunroom Model at Campus Crossing Spring Garden starting at $685 with a $0.61 price per square foot in the College Hill 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.
School at Spring Garden Student Apartments3BR/3BA3BR,3BA$0.58
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Sunroom3BR,2BA$0.61
2909 Spring Garden St, Unit 2909-D2909 Spring Garden St2BR,2BA$1.02
Park Place2 Bed Townhome2BR,1.5BA$1.06
The Oaks Gate City2 Bedroom Townhome2BR,1BA$0.94
The ArborsThe Beech2BR,1BA$0.97
Alexander Homes, Greensboro: Welcome Home2 Bedroom 1 Bath2BR,1BA$0.99
3600 Cannan Forest Dr, Unit 3600-C3600 Cannan Forest Dr2BR,1BA$0.97
1106 Vance St, Unit B1106 Vance St1BR,1BA$0.74
803 Pearson St, Unit C803 Pearson St2BR,1BA$0.99

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Greensboro, NC

Ranked #5

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Greensboro, NC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Greensboro, NC

View Map
Greensboro, NC Apartments Map
View Map
Greensboro, NC Rental Homes Map

Frequently Asked Questions about Greensboro

What type of rentals are currently available in Greensboro?

There are currently 691 Apartments for Rent in Greensboro, NC with pricing that ranges from $579 to $3,188. There are also 522 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greensboro ranging from $510 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 $510 to $4,995 with an average monthly rent of $1,769.

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 $3,188, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $3,295. Four Bedroom Single-Family rentals are also available starting from $1,350 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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.