
Cheap Homes for Rent in the Pennydale Neighborhood of Greensboro, NC from $850 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Pennydale area of Greensboro.


2515 Spring Garden St

2710 Hayden St

1015 Cranbrook St

3923 Overland Hts

3702 Causey St
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.

1104 Rucker St

2605 Hilltop Forest Ct

2326 W Vandalia Rd

2332 W Vandalia Rd

3109 Darden Rd

3117 Darden Rd
Rent According to Income: A Look at Income-Restricted Rentals
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Pennydale, Greensboro, NC Local Guide

How much does it cost to rent a home in Pennydale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pennydale 2 Bedroom Homes for Rent | $1,308 | $975 | $2,300 |
| Pennydale 3 Bedroom Homes for Rent | $1,793 | $1,300 | $2,500 |
| Pennydale 4 Bedroom Homes for Rent | $2,221 | $2,020 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 $705. Pepper Tree Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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 | $705 |
| Pepper Tree Apartments | 1BR/1BA | 1BR,1BA | $799 |
| Village Walk Apartments | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| The Arbors | The Beech | 2BR,1BA | $887 |
| Stonesthrow | Addison 1 | 1BR,1BA | $913 |
Best Value Apartments for Rent in Pennydale, NC
As of September 06, 2026 the best value apartment in the Pennydale 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 Pennydale apartment is the 3BR/2 BA Model at Thomas Estates starting at $1,400 with a $1.10 price per square foot in the Hewitt Area 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. |
|---|---|---|---|
| WestVue | The Bradford (Stand Alone) | 2BR,2.5BA | $0.59 |
| Thomas Estates | 3BR/2 BA | 3BR,2BA | $1.10 |
| Campus Crossing Spring Garden | Designer Style 3 Bed X 2 Bath - Sunroom | 3BR,2BA | $0.49 |
| Legacy Sedgefield Townhomes | 2BR - 1.5BTH TH Upgraded | 2BR,1.5BA | $1.22 |
| Millbrook Apartments | 2 Bedroom 2 Bath Renovated | 2BR,2BA | $1.33 |
| Residences at 1805 | 2 BR 1 BTH | 2BR,1BA | $1.14 |
| Hanover Terrace | 1 Bedroom | 1BR,1BA | $1.32 |
| Rucker St - BNE | 2BR/1.0BA | 2BR,1BA | $1.25 |
| Village Walk Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.27 |
| The Retreat | The Ashland | 1BR,1BA | $1.13 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestylePennydale, Greensboro, NC
Ranked #34
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Pennydale
What type of rentals are currently available in Pennydale?
There are currently 92 Apartments for Rent in Pennydale, NC with pricing that ranges from $499 to $1,974. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennydale ranging from $850 to $2,500.
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 $2,500 with an average monthly rent of $1,604.
How much are larger Three and Four Bedroom Rentals in Pennydale?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Pennydale range from $499 to $1,974, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,020 and Four Bedroom Apartments start at $669.
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

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.

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.