Cheap Apartments for Rent in the Lake Shore Neighborhood of Greensboro, NC from $500 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Shore area of 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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Village 1373
Rent Specials
$1,042 - $1,671
Total Monthly Price

Total Monthly Price

Base Rent
$1,042 - $1,671

Total Monthly Price
$1,042 - $1,671
1 to 3 Bedroom Apartments Available Now

Village 1373

1373 Lees Chapel RdGreensboro, NC 27455
Affordability
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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.

property at 116 Wesley Harris Cir

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 2 Bath Home for Rent

Available Now

116 Wesley Harris Cir

GreensboroNC27455
property at 6015 White Chapel Way

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

3 Bedroom, 2 Bath Home for Rent

Available Now

6015 White Chapel Way

GreensboroNC27405
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Valley Ridge
1 Bedroom Apartments

Valley Ridge

3508 N Elm StGreensboro, NC 27405
  • Utilities Included

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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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
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Spencer Crossing
1 to 2 Bedroom Apartments

Spencer Crossing

3431 N Church StGreensboro, NC 27405
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Chapel Walk Apartments
1 to 2 Bedroom Apartments

Chapel Walk Apartments

1370 Lees Chapel RdGreensboro, NC 27455
  • Utilities Included

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.

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.

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 ApartmentsBirch1BR,1BA$914
The Enclave at 38 Twenty TwoOne Bedroom1BR,1BA$950
Blackthorn Apartments of Greensboro1 Bedroom1BR,1BA$995
Beechwood ApartmentsWindsor1BR,1BA$1,025
Spencer Crossing111BR,1BA$1,025
Village 1373B2 Partial Renovated2BR,2BA$1,042
Summit View2 Bed 2 Bath2BR,2BA$1,050

Best Value Apartments for Rent in Lake Shore, NC

As of August 18, 2026 the best value apartment in the Lake Shore area is the $1.04 price per square foot 3 Bed 2.5 Bath Town Home B Model at Yester Oaks Apartments in the in the Old Irving Park neighborhood starting from $1,625. The second greatest value Lake Shore apartment is the Cypress (3 Bed, 2 Bath) Model at Reserve at Greenwood starting at $1,915 with a $1.47 price per square foot in the Old 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.
Yester Oaks Apartments3 Bed 2.5 Bath Town Home B3BR,2.5BA$1.04
Reserve at GreenwoodCypress (3 Bed, 2 Bath)3BR,2BA$1.47
Summit View3 Bed 2 Bath3BR,2BA$1.12
Blackthorn Apartments of Greensboro2 Bedrooms2BR,2BA$1.18
Woodland Park Apartment HomesB1 - Bradford2BR,2BA$1.43
Spencer Crossing111BR,1BA$1.08
Grentton Place ApartmentsTwo Bedroom Two Bath with Patio2BR,2BA$1.35
HAMPTONS AT COUNTRY PARK2x2 Upstairs Blackfin2BR,2BA$1.34
Village 1373B2 Fully Renovated2BR,2BA$1.35
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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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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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 $1,464.

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 20 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 $124 which is $1,340 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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.