Cheap Apartments for Rent in the Outer Northwest I 40 Corridor Neighborhood of Greensboro, NC from $400 (171 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Outer Northwest I 40 Corridor 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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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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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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Outer Northwest I 40 Corridor, Greensboro, NC Local Guide

Cheapest Available Outer Northwest I 40 Corridor Apartments for Rent

 

The cheapest available apartment rental in the Outer Northwest I 40 Corridor area of Greensboro, NC is a 1 Bed unit found at The Retreat priced from $755. Suffolk Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Outer Northwest I 40 Corridor apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
The RetreatThe Ayers1BR,1BA$755
Suffolk Place ApartmentsOne Bedroom1BR,1BA$795
Market StationStudio DeluxeStudio,1BA$824
Village Walk Apartments1 Bed, 1 Bath1BR,1BA$850
Pepper Tree Apartments1BR/1BA1BR,1BA$865
The ArborsThe Beech2BR,1BA$869
North Lakes1 Bedroom 1 Bathroom1BR,1BA$895
Hunters ChaseThe Rose1BR,1BA$898
Broadstone Village1x1a1BR,1BA$910
HAMPTONS AT COUNTRY PARK1x1 Blackfin1BR,1BA$921

Best Value Apartments for Rent in Outer Northwest I 40 Corridor, NC

As of June 09, 2026 the best value apartment in the Outer Northwest I 40 Corridor area is the $0.59 price per square foot The Bradford (Stand Alone) Model at WestVue in the in the Madison Woods neighborhood starting from $810. The second greatest value Outer Northwest I 40 Corridor apartment is the Grandover with Deck-Renovated Model at Allerton Place starting at $1,469 with a $1.21 price per square foot in the Pearman Estates neighborhood. Here is today’s list of the best values for Outer Northwest I 40 Corridor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
WestVueThe Bradford (Stand Alone)2BR,2.5BA$0.59
Allerton PlaceGrandover with Deck-Renovated3BR,2BA$1.21
The ArborsThe Cyprus3BR,1BA$1.17
Thomas Estates2BR/2 BA (Non-Balcony)2BR,2BA$1.09
Ridgewood Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.88
1310 Fleming Rd1310 Fleming Rd2BR,2BA$1.12
2909 Spring Garden St, Unit 2909-B2909 Spring Garden St2BR,2BA$1.02
Park Place2 Bed Townhome2BR,1.5BA$1.09
Suffolk Place ApartmentsThree Bedroom3BR,2BA$1.23
Legacy Sedgefield Townhomes2BR - 1.5BTH TH PR2BR,1.5BA$1.09

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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Best Local Schools in
Outer Northwest I 40 Corridor, Greensboro, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Outer Northwest I 40 Corridor, Greensboro, and the greater Greensboro area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Outer Northwest I 40 Corridor Apartments

What is a cheap apartment in Outer Northwest I 40 Corridor?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer Northwest I 40 Corridor is under $921.

What is the price of a cheap apartment in Outer Northwest I 40 Corridor?

The cheapest apartment in Outer Northwest I 40 Corridor is The Retreat which is listed at $755, while the average apartment in Outer Northwest I 40 Corridor costs $2,000.

What types of apartments are the cheapest in Outer Northwest I 40 Corridor?

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 102 regular apartments in Outer Northwest I 40 Corridor 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 Outer Northwest I 40 Corridor?

Cheap apartments in Outer Northwest I 40 Corridor have an average cost of $522 which is $1,478 cheaper than the average rent for all rentals in Outer Northwest I 40 Corridor.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.