Cheap Apartments for Rent in the Outer Downtown Greensboro Neighborhood of Greensboro, NC from $500 (5 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Outer Downtown Greensboro 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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Showing Results 1-5, Page 1 of 1

Cheapest Available Outer Downtown Greensboro Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Greenwood Gardens900-K2BR,1BA$795
Legacy Crossing Townhomes2BR - 1BTH2BR,1BA$955

Best Value Apartments for Rent in Outer Downtown Greensboro, NC

As of April 22, 2026 the best value apartment in the Outer Downtown Greensboro area is the $1.09 price per square foot 2BR - 1BTH Model at Legacy Crossing Townhomes in the in the Cumberland neighborhood starting from $955. The second greatest value Outer Downtown Greensboro apartment is the 900-K Model at Greenwood Gardens starting at $795 with a $1.06 price per square foot in the Gorrell St. Community neighborhood. Here is today’s list of the best values for Outer Downtown Greensboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy Crossing Townhomes2BR - 1BTH2BR,1BA$1.09
Greenwood Gardens900-K2BR,1BA$1.06
314 S English St, Unit F314 S English St2BR,1BA$1.13

Frequently Asked Questions about Cheap Outer Downtown Greensboro Apartments

What is the lowest price for a Cheap Two Bedroom Outer Downtown Greensboro Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Outer Downtown Greensboro is starting from $795 at Greenwood Gardens.

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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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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.