Cheap Homes for Rent in Pennydale Neighborhood of Greensboro, NC from $800 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Pennydale area of Greensboro.

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.

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

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 $790. 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 ListingModel NameBed/BathPriced From
The RetreatThe Ayers1BR,1BA$790
Pepper Tree Apartments1BR/1BA1BR,1BA$835
Village Walk Apartments1BR - 1BTH1BR,1BA$850

Best Value Apartments for Rent in Pennydale, NC

As of July 28, 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 $1,195 with a $1.12 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1931 Vantage Point Pl, Unit C1931 Vantage Point Pl3BR,1BA$1.11
Wendover Ridge2 Bedroom Renovated2BR,2BA$1.12
Carolina Oaks2 Bedroom / 2 Bathroom2BR,2BA$1.20
Stonesthrow Apartment HomesJolie Townhome2BR,1.5BA$1.11
2909 Spring Garden St, Unit 2909-B2909 Spring Garden St2BR,2BA$1.05
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath with Patio a Lindell3BR,2BA$0.58
Legacy at SedgefieldTwo Bedroom Townhome - B2BR,1.5BA$1.09
Juniper Ridge II2 Bedroom Renovated2BR,2BA$1.06
Village Walk Apartments1BR - 1BTH1BR,1BA$1.27
The RetreatThe Ayers1BR,1BA$1.25

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Frequently Asked Questions about Pennydale

What type of rentals are currently available in Pennydale?

There are currently 89 Apartments for Rent in Pennydale, NC with pricing that ranges from $605 to $2,770. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennydale ranging from $850 to $2,550.

What is the current price range for Rental Homes in Pennydale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennydale ranges from $850 to $2,550 with an average monthly rent of $1,582.

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.

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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.

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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.

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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.

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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.