Cheap Apartments for Rent in the Outer Northwest I 40 Corridor Neighborhood of Greensboro, NC from $400 (147 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.

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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property at 3923 Overland Hts

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3923 Overland Hts

GreensboroNC27407

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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property at 1408 Town St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

3 Bedroom, 1 Bath Home for Rent

Available Now

1408 Town St

GreensboroNC27407
property at 5611 Hornaday Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

5611 Hornaday Rd, Unit 5611-L

5611 Hornaday Rd
GreensboroNC27409

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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Showing Results 1-50, Page 1 of 3

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 Lakewood priced from $725. The Retreat has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Outer Northwest I 40 Corridor apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Lakewood1BR/ 1BA1BR,1BA$725
The RetreatThe Ayers1BR,1BA$755
Market StationStudio DeluxeStudio,1BA$824
Yorkleigh Apartments1BR/1BA1BR,1BA$835
Pepper Tree Apartments1BR/1BA1BR,1BA$865
HAMPTONS AT COUNTRY PARK1BR 1BA1BR,1BA$877
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$895
North Lakes1 Bedroom 1 Bathroom1BR,1BA$895
Broadstone Village1x1a1BR,1BA$899
Guilford Place Apartments.1BR/1BA1BR,1BA$899

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

As of July 25, 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 3 Bed 2 Bath Model at Morehead Apartments starting at $1,399 with a $1.09 price per square foot in the Madison Woods 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
Morehead Apartments3 Bed 2 Bath3BR,2BA$1.09
Wendover At MeadowoodSpring2BR,2BA$1.16
Allerton PlaceStarmount with Sunroom2BR,2BA$1.14
The ArborsThe Cyprus3BR,1BA$0.96
Thomas Estates2BR/2 BA (Non-Balcony)2BR,2BA$1.09
Park Place2 Bed Townhome2BR,1.5BA$1.09
Madison WoodsEvergreen2BR,1.5BA$1.18
Village Walk Apartments2 Bed, 2 Bath2BR,2BA$1.07
Lakewood1BR/ 1BA1BR,1BA$1.12

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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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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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 $899.

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

The cheapest apartment in Outer Northwest I 40 Corridor is Lakewood which is listed at $725, while the average apartment in Outer Northwest I 40 Corridor costs $1,819.

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 84 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 $1,297 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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Greensboros Collegiate Charms: The Best Neighborhoods for Renters in Greensboro

Written by: Catrina Cowart

Greensboro is a beautiful city; it's one that has areas with parks and churches, downtown events, and interesting things to do.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.