
Cheap Apartments for Rent in the Pennydale Neighborhood of Greensboro, NC from $500 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pennydale area of Greensboro.


Pepper Tree Apartments

Village Walk Apartments

2611 Spring Garden St

1923 Vantage Point Pl, Unit 1923-K
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.

Sedgefield Square
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Pennydale, Greensboro, NC Local Guide

How much does it cost to rent an apartment in Pennydale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pennydale Studio Apartments | $1,949 | $1,949 | $1,949 |
Pennydale 1 Bedroom Apartments | $1,163 | $775 | $2,297 |
Pennydale 2 Bedroom Apartments | $1,310 | $895 | $2,411 |
Pennydale 3 Bedroom Apartments | $1,368 | $605 | $2,531 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Pennydale Neighborhood of Greensboro, NC.
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Pennydale, Greensboro, NC Local Guide
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Cheapest Available Pennydale Apartments for Rent
 The cheapest available apartment rental in the Pennydale area of Greensboro, NC is a 1 Bed unit found at The Retreat priced from $800. Pepper Tree Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Pennydale apartments for rent in Greensboro, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Retreat | The Ayers | 1BR,1BA | $800 |
Pepper Tree Apartments | 1BR/1BA | 1BR,1BA | $835 |
Village Walk Apartments | 1BR - 1BTH | 1BR,1BA | $850 |
Hanover Terrace | 1 Bedroom | 1BR,1BA | $894 |
Sedgefield Square | 1BR | 1BR,1BA | $895 |
Best Value Apartments for Rent in Pennydale, NC
As of July 08, 2025 the best value apartment in the Pennydale area is the $1.11 price per square foot 1931 Vantage Point Pl Model at 1931 Vantage Point Pl, Unit C in the in the Hewitt Area neighborhood starting from $1,200. The second greatest value Pennydale apartment is the 2 Bedroom Renovated Model at Wendover Ridge starting at $1,225 with a $1.14 price per square foot in the Madison Woods neighborhood. Here is today’s list of the best values for Pennydale apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1931 Vantage Point Pl, Unit C | 1931 Vantage Point Pl | 3BR,1BA | $1.11 |
Wendover Ridge | 2 Bedroom Renovated | 2BR,2BA | $1.14 |
Carolina Oaks | 2 Bedroom / 2 Bathroom | 2BR,2BA | $1.20 |
Campus Crossing Spring Garden | Designer Style 3 Bed X 2 Bath with Patio a Lindell | 3BR,2BA | $0.58 |
Legacy at Sedgefield | Two Bedroom Townhome - B | 2BR,1.5BA | $1.09 |
Hunters Chase | The Ivy | 2BR,2BA | $1.19 |
The Arbors | The Beech | 2BR,1BA | $1.24 |
Juniper Ridge II | 2 Bedroom Renovated | 2BR,2BA | $1.06 |
Hanover Terrace | 1 Bedroom | 1BR,1BA | $1.17 |
1923 Vantage Point Pl, Unit 1923-K | 1923 Vantage Point Pl | 2BR,1BA | $1.21 |
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Pet Friendly LifestylePennydale, Greensboro, NC
Ranked #25
Among neighborhoods in Greensboro, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across North Carolina including Pennydale, Greensboro, and the greater Greensboro area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
Getting Around the Pennydale Neighborhood in Greensboro, NC
Walk Score®
68 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Pennydale Apartments
What is the price of a cheap apartment in Pennydale?
The cheapest apartment in Pennydale is The Retreat which is listed at $800, while the average apartment in Pennydale costs $1,949.
What types of apartments are the cheapest in Pennydale?
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 48 regular apartments in Pennydale 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 Pennydale?
Cheap apartments in Pennydale have an average cost of $215 which is $1,734 cheaper than the average rent for all rentals in Pennydale.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.