Cheap Apartments for Rent in the Madison Woods Neighborhood of Greensboro, NC from $600 (53 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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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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Heights at New Garden
$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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Willow Run
1 to 2 Bedroom Apartments

Willow Run

327 Montrose DrGreensboro, NC 27407
  • 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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Millbrook Apartments
1 to 2 Bedroom Apartments

Millbrook Apartments

1016-1101 E Barton StGreensboro, NC 27407
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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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Park at Midtown
1 to 2 Bedroom Apartments

Park at Midtown

1 A Saint Croix PlGreensboro, NC 27410

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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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 Lakewood priced from $725. The Retreat has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Madison Woods apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Lakewood1BR/ 1BA1BR,1BA$725
The RetreatThe Ayers1BR,1BA$755
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$795
Market StationStudio DeluxeStudio,1BA$824
The ArborsThe Beech2BR,1BA$845
Pepper Tree Apartments1BR/1BA1BR,1BA$865
Hunters ChaseThe Rose1BR,1BA$914
NottinghamNottingham Apartments1BR,1BA$925
Guilford Place Apartments.1BR/1BA1BR,1BA$925
The Avenue Apartments1 Bedroom 1 Bathroom1BR,1BA$930

Best Value Apartments for Rent in Madison Woods, NC

As of July 05, 2026 the best value apartment in the Madison Woods area is the $1.25 price per square foot Townhouse C Model at New Garden Square in the in the Madison Woods neighborhood starting from $2,117. The second greatest value Madison Woods apartment is the The Bradford (Stand Alone) Model at WestVue starting at $810 with a $0.59 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.
New Garden SquareTownhouse C3BR,2.5BA$1.25
WestVueThe Bradford (Stand Alone)2BR,2.5BA$0.59
Legacy at Friendly ManorMonroe2BR,2BA$1.11
The ArborsThe Cyprus3BR,1BA$0.97
Park Place2 Bed Townhome2BR,1.5BA$1.09
Park at MidtownCoconut2BR,2BA$1.28
Grand Summit ApartmentsThe Denali1BR,1BA$1.25
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$1.10
Lakewood1BR/ 1BA1BR,1BA$1.12
The RetreatThe Ayers1BR,1BA$1.20

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 $930.

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

The cheapest apartment in Madison Woods is Lakewood which is listed at $725, while the average apartment in Madison Woods costs $1,687.

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 73 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 $282 which is $1,405 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

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Hello again, everyone. I'm Catrina, and I'm your ApartmentHomeLiving.com Local Expert for Greensboro, North Carolina.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.