Cheap Apartments for Rent in the Old Towne Neighborhood of Greensboro, NC from $500 (20 Rentals)

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

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Valley Ridge
1 Bedroom Apartments

Valley Ridge

3508 N Elm StGreensboro, NC 27405
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Church and Flint
Studio to 2 Bedroom Apartments

Church and Flint

3501 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
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Glen Haven Apartments
2 Bedroom Apartments

Glen Haven Apartments

426 Greenbriar RdGreensboro, NC 27405
  • Utilities Included

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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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 $799. Cambridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Old Towne apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
North Lakes1 Bedroom 1 Bathroom1BR,1BA$799
Cambridge Apartments1 BR - 1 BA1BR,1BA$825
Chapel Walk ApartmentsRidge1BR,1BA$880
Summit Village ApartmentsBirch Renovated1BR,1BA$895
HAMPTONS AT COUNTRY PARK1BR 1BA1BR,1BA$927

Best Value Apartments for Rent in Old Towne, NC

As of December 25, 2025 the best value apartment in the Old Towne area is the $1.07 price per square foot Chaplin Elevator Model at 2918 North at Winstead Commons in the in the Old Irving Park neighborhood starting from $1,299. The second greatest value Old Towne apartment is the Willoughby (2 Bed, 2 Bath) Model at Reserve at Greenwood starting at $1,675 with a $1.43 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 CommonsChaplin Elevator2BR,2BA$1.07
Reserve at GreenwoodWilloughby (2 Bed, 2 Bath)2BR,2BA$1.43
Woodland Park Apartment HomesB2 - Redwood2BR,2BA$1.16
Yester Oaks Apartments2 Bed 1 Bath Garden B2BR,1BA$1.26
Country Park at Tall OaksCosmopolitan2BR,2BA$1.44
Waterford PlaceThe Hilton W/ Multi-Purpose Sunroom1BR,1BA$1.44
Lakes at LincolnBirch - 1x1 Large1BR,1BA$1.32
Summit Village ApartmentsBirch1BR,1BA$1.48
Chapel Walk ApartmentsRidge1BR,1BA$1.47
North Lakes1 Bedroom 1 Bathroom1BR,1BA$1.33

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Old Towne, Greensboro, NC

Ranked #73

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 North Lakes which is listed at $799, while the average apartment in Old Towne costs $1,649.

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 24 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 $198 which is $1,451 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

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.