Cheap Apartments for Rent in the Madison Woods Neighborhood of Greensboro, NC from $600 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Madison Woods 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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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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Heights at New Garden
Rent Specials
$1,210 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,210 - $1,940
Total Monthly Price
$1,210 - $1,940
1 to 3 Bedroom Apartments Available Now

Heights at New Garden

1511 New Garden RdGreensboro, NC 27410
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3936 McIntosh St
3 Bedroom Apartments

3936 McIntosh St

3936 McIntosh StGreensboro, NC 27407
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The Arbors
1 to 3 Bedroom Apartments

The Arbors

4019 Hewitt StGreensboro, NC 27407
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Avery Square
1 Bedroom Apartments

Avery Square

401 Friendway RdGreensboro, NC 27410
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Willow Run
1 to 2 Bedroom Apartments

Willow Run

327 Montrose DrGreensboro, NC 27407
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Park at Midtown
1 to 2 Bedroom Apartments

Park at Midtown

1 A Saint Croix PlGreensboro, NC 27410

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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Wendover Ridge
1 to 2 Bedroom Apartments

Wendover Ridge

514 Coapman StGreensboro, NC 27407
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Morris Manor
2 Bedroom Apartments

Morris Manor

4228 United StGreensboro, NC 27407
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THIRTEEN08 Apartments
1 to 2 Bedroom Apartments

THIRTEEN08 Apartments

1308-1310 Fleming RdGreensboro, NC 27410
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Millbrook Apartments
1 to 2 Bedroom Apartments

Millbrook Apartments

1016-1101 E Barton StGreensboro, NC 27407
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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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Madison Woods, Greensboro, NC Local Guide

Cheapest Available Madison Woods Apartments for Rent

 

The cheapest available apartment rental in the Madison Woods area of Greensboro, NC is a 1 Bed unit found at The Retreat priced from $755. Ridgewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Madison Woods apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
The RetreatThe Ayers1BR,1BA$755
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$795
Market StationStudio DeluxeStudio,1BA$824
The ArborsThe Rosewood1BR,1BA$835
Pepper Tree Apartments1BR/1BA1BR,1BA$865
Hunters ChaseThe Rose1BR,1BA$894
Wendover River OaksLatham1BR,1BA$921
NottinghamNottingham Apartments1BR,1BA$925
Guilford Place Apartments.1BR/1BA1BR,1BA$925
Edgewater Village01ARStudio,1BA$939

Best Value Apartments for Rent in Madison Woods, NC

As of May 21, 2026 the best value apartment in the Madison Woods area is the $0.59 price per square foot The Bradford (Stand Alone) Model at WestVue in the in the Madison Woods neighborhood starting from $810. The second greatest value Madison Woods apartment is the 2BR Model at 600 Station Square Apartments starting at $1,399 with a $1.16 price per square foot in the Madison Woods neighborhood. Here is today’s list of the best values for Madison Woods apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
WestVueThe Bradford (Stand Alone)2BR,2.5BA$0.59
600 Station Square Apartments2BR2BR,2BA$1.16
Park Place2 Bed Townhome2BR,1.5BA$1.06
Park at MidtownSago2BR,2BA$1.17
Madison WoodsBonsai2BR,1.5BA$1.29
Millbrook Apartments2 Bedroom 2 Bath Renovated2BR,2BA$1.33
Grand Summit ApartmentsThe Denali1BR,1BA$1.25
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$1.10
The RetreatThe Ashland1BR,1BA$1.25
The ArborsThe Rosewood1BR,1BA$1.28

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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Best Local Schools in
Madison Woods, Greensboro, NC

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across North Carolina including Madison Woods, Greensboro, and the greater Greensboro area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, places that make kids happy, raising pets, transit options, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Madison Woods Apartments

What is a cheap apartment in Madison Woods?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Madison Woods is under $939.

What is the price of a cheap apartment in Madison Woods?

The cheapest apartment in Madison Woods is The Retreat which is listed at $755, while the average apartment in Madison Woods costs $1,744.

What types of apartments are the cheapest in Madison Woods?

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 71 regular apartments in Madison Woods 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 Madison Woods?

Cheap apartments in Madison Woods have an average cost of $235 which is $1,509 cheaper than the average rent for all rentals in Madison Woods.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.