Cheap Apartments for Rent in the Old Towne Neighborhood of Greensboro, NC from $500 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Towne 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.

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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Church and Flint
Studio to 2 Bedroom Apartments

Church and Flint

3501 N Church 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
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Glen Haven Apartments
2 Bedroom Apartments

Glen Haven Apartments

426 Greenbriar RdGreensboro, NC 27405
  • 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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Spencer Crossing
1 to 2 Bedroom Apartments

Spencer Crossing

3431 N Church StGreensboro, NC 27405

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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Harmony at Greensboro
Studio to 2 Bedroom Apartments

Harmony at Greensboro

3420 Whitehurst RdGreensboro, NC 27410
Senior Living
  • Utilities Included
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Whitehurst Townhomes
2 Bedroom Apartments

Whitehurst Townhomes

3405 Whitehurst RdGreensboro, NC 27410
  • Utilities Included

Old Towne, Greensboro, NC Local Guide

Cheapest Available Old Towne Apartments for Rent

 

The cheapest available apartment rental in the Old Towne area of Greensboro, NC is a 1 Bed unit found at Lakes at Lincoln priced from $881. North Lakes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Old Towne apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Lakes at LincolnDogwood - 1x11BR,1BA$881
North Lakes1 Bedroom 1 Bathroom1BR,1BA$895
Summit Village ApartmentsBirch1BR,1BA$914
HAMPTONS AT COUNTRY PARK1x1 Blackfin1BR,1BA$921
The Enclave at 38 Twenty TwoOne Bedroom1BR,1BA$935
Cambridge Apartments2 BR - 1 BA2BR,1BA$975
Woodland Park Apartment HomesA - Dogwood1BR,1BA$1,018
Beechwood ApartmentsWindsor1BR,1BA$1,025
The Pointe at Irving ParkA21BR,1BA$1,050
The Hedges Apartment Homes1BR - 1BTH Renovated1BR,1BA$1,149

Best Value Apartments for Rent in Old Towne, NC

As of July 04, 2026 the best value apartment in the Old Towne area is the $1.11 price per square foot 2 Bed 1.5 Bath Town Home Model at Yester Oaks Apartments in the in the Old Irving Park neighborhood starting from $1,399. The second greatest value Old Towne apartment is the The Scottsdale Model at Encore North Apartments starting at $1,532 with a $1.33 price per square foot in the New Irving Park neighborhood. Here is today’s list of the best values for Old Towne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yester Oaks Apartments2 Bed 1.5 Bath Town Home2BR,1.5BA$1.11
Encore North ApartmentsThe Scottsdale2BR,2BA$1.33
The Pointe at Irving ParkA21BR,1BA$1.36
Woodland Park Apartment HomesA - Dogwood1BR,1BA$1.35
The Hedges Apartment Homes1BR - 1BTH Renovated1BR,1BA$1.53
Cambridge Apartments2 BR - 1 BA2BR,1BA$1.46
The Enclave at 38 Twenty TwoOne Bedroom1BR,1BA$1.51
North Lakes1 Bedroom 1 Bathroom1BR,1BA$1.49
HAMPTONS AT COUNTRY PARK1x1 Blackfin1BR,1BA$1.54
Lakes at LincolnDogwood - 1x11BR,1BA$1.51

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

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.

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Pet Friendly Lifestyle
Old Towne, Greensboro, NC

Ranked #74

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina and customized analysis for Northern Greensboro, NC. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, multifamily communities for the kids, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Old Towne Apartments

What is the price of a cheap apartment in Old Towne?

The cheapest apartment in Old Towne is Lakes at Lincoln which is listed at $881, while the average apartment in Old Towne costs $1,988.

What types of apartments are the cheapest in Old Towne?

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 8 regular apartments in Old Towne 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 Old Towne?

Cheap apartments in Old Towne have an average cost of $106 which is $1,882 cheaper than the average rent for all rentals in Old Towne.

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

decorative image for Where to Rent in Greensboro: Top Affordable Neighborhoods for Families and Singles article

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

Written by: Robin Stewart

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

Written by: Robin Stewart

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.