Cheap Apartments for Rent in the Lake Shore Neighborhood of Greensboro, NC from $500 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Shore area of Greensboro.

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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Village 1373
$1,002 - $1,471
Total Monthly Price

Total Monthly Price

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$1,002 - $1,471
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1 to 3 Bedroom Apartments Available Now

Village 1373

1373 Lees Chapel RdGreensboro, NC 27455
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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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Valley Ridge
1 Bedroom Apartments

Valley Ridge

3508 N Elm StGreensboro, NC 27405
  • Utilities Included
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Chapel Walk Apartments
1 to 2 Bedroom Apartments

Chapel Walk Apartments

1370 Lees Chapel RdGreensboro, NC 27455
  • Utilities Included

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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Church and Flint
Studio to 2 Bedroom Apartments

Church and Flint

3501 N Church StGreensboro, NC 27405
  • Utilities Included
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Glen Haven Apartments
2 Bedroom Apartments

Glen Haven Apartments

426 Greenbriar RdGreensboro, NC 27405
  • Utilities Included

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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Showing Results 1-31, Page 1 of 1

Lake Shore, Greensboro, NC Local Guide

Cheapest Available Lake Shore Apartments for Rent

 

The cheapest available apartment rental in the Lake Shore area of Greensboro, NC is a 1 Bed unit found at The Pointe at White Oak priced from $799. North Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Lake Shore apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
The Pointe at White Oak1 Bed/1 Bath1BR,1BA$799
North Lakes1 Bedroom 1 Bathroom1BR,1BA$895
Cambridge Apartments1 BR - 1 BA1BR,1BA$895
Summit Village ApartmentsBirch Renovated1BR,1BA$899
HAMPTONS AT COUNTRY PARK1x1 Blackfin1BR,1BA$921
The Enclave at 38 Twenty TwoOne Bedroom1BR,1BA$935
Blackthorn Apartments of Greensboro1 Bedroom1BR,1BA$995
The Hedges Apartment Homes1BR - 1BTH1BR,1BA$999
The Pointe at Irving ParkA21BR,1BA$999
Village 1373A1 Fully Renovated1BR,1BA$1,002

Best Value Apartments for Rent in Lake Shore, NC

As of May 19, 2026 the best value apartment in the Lake Shore area is the $1.12 price per square foot 3 Bed 2 Bath Model at Summit View in the in the Spicewood neighborhood starting from $1,290. The second greatest value Lake Shore apartment is the Two Bedroom Two Bath with Den/Office Model at Grentton Place Apartments starting at $1,280 with a $1.17 price per square foot in the New Irving Park neighborhood. Here is today’s list of the best values for Lake Shore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summit View3 Bed 2 Bath3BR,2BA$1.12
Grentton Place ApartmentsTwo Bedroom Two Bath with Den/Office2BR,2BA$1.17
Blackthorn Apartments of Greensboro2 Bedrooms2BR,2BA$1.18
Yester Oaks Apartments2 Bed 1 Bath Garden A2BR,1BA$1.23
Chapel Walk ApartmentsSummit2BR,2BA$1.50
Woodland Park Apartment HomesA - Dogwood1BR,1BA$1.47
Summit Village ApartmentsBirch1BR,1BA$1.48
The Enclave at 38 Twenty TwoOne Bedroom1BR,1BA$1.51
North Lakes1 Bedroom 1 Bathroom1BR,1BA$1.49
The Pointe at White Oak1 Bed/1 Bath1BR,1BA$1.39

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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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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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Lake Shore, Greensboro, and the greater Greensboro area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lake Shore Apartments

What is the price of a cheap apartment in Lake Shore?

The cheapest apartment in Lake Shore is The Pointe at White Oak which is listed at $799, while the average apartment in Lake Shore costs $1,704.

What types of apartments are the cheapest in Lake Shore?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 26 regular apartments in Lake Shore that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Shore?

Cheap apartments in Lake Shore have an average cost of $212 which is $1,492 cheaper than the average rent for all rentals in Lake Shore.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.