Cheap Apartments for Rent in the Old Towne Neighborhood of Greensboro, NC from $500 (23 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
close
View Me
Valley Ridge
1 Bedroom Apartments

Valley Ridge

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

Chapel Walk Apartments

1370 Lees Chapel RdGreensboro, NC 27455
  • Utilities Included
close
View Me
Church and Flint
Studio to 2 Bedroom Apartments

Church and Flint

3501 N Church StGreensboro, NC 27405
  • Utilities Included
close
View Me
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.

Read Article
Showing Results 1-23, Page 1 of 1

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 North Lakes priced from $895. Cambridge Apartments 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
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

Best Value Apartments for Rent in Old Towne, NC

As of May 19, 2026 the best value apartment in the Old Towne area is the $1.24 price per square foot Chaplin Model at 2918 North at Winstead Commons in the in the Old Irving Park neighborhood starting from $1,509. The second greatest value Old Towne apartment is the Cosmopolitan Model at Country Park at Tall Oaks starting at $1,533 with a $1.53 price per square foot in the Old 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.
2918 North at Winstead CommonsChaplin2BR,2BA$1.24
Country Park at Tall OaksCosmopolitan2BR,2BA$1.53
3701 Cotswold Ter, Unit 7K3701 Cotswold Ter2BR,2BA$1.51
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
Lakes at LincolnBirch - 1x1 Large1BR,1BA$1.51
Summit Village ApartmentsBirch1BR,1BA$1.48
The Enclave at 38 Twenty TwoOne Bedroom1BR,1BA$1.51
North Lakes1 Bedroom 1 Bathroom1BR,1BA$1.49

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Old Towne, Greensboro, NC

Ranked #87

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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 North Lakes which is listed at $895, while the average apartment in Old Towne costs $1,752.

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 26 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 $196 which is $1,556 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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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

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.