Cheap Apartments for Rent in the Rainbow Meadowood Neighborhood of Greensboro, NC from $500 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rainbow Meadowood area of Greensboro.

property at 112 Odell Pl

$695

Studio Rentals

Available Now

112 Odell Pl

GreensboroNC27403

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Colts Run Apartments
2 Bedroom Apartments

Colts Run Apartments

2611 Merritt DrGreensboro, NC 27407
  • Utilities Included
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The Heights Townhomes
2 Bedroom Apartments

The Heights Townhomes

3802 Overland HtsGreensboro, NC 27407
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Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

3739-3755 Oakwood DrGreensboro, NC 27407
  • Utilities Included

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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The Inn at Greensboro
Studio to 2 Bedroom Apartments

The Inn at Greensboro

1000 W Market StGreensboro, NC 27401
Student Housing
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3936 McIntosh St
3 Bedroom Apartments

3936 McIntosh St

3936 McIntosh StGreensboro, NC 27407
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Spring Manor Apartments
2 to 3 Bedroom Apartments

Spring Manor Apartments

400 W Meadowview RdGreensboro, NC 27406
  • Utilities Included
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Juniper Ridge I
1 to 2 Bedroom Apartments

Juniper Ridge I

2904-2914 W FloridaGreensboro, NC 27407
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Asberry Courts
1 to 3 Bedroom Apartments

Asberry Courts

1230 S Eugene StGreensboro, NC 27406

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.

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Bella Vista Apartments
2 Bedroom Apartments

Bella Vista Apartments

1827-1843 Merritt DrGreensboro, NC 27407
  • Utilities Included

Rainbow Meadowood, Greensboro, NC Local Guide

Cheapest Available Rainbow Meadowood Apartments for Rent

 

The cheapest available apartment rental in the Rainbow Meadowood area of Greensboro, NC is a 1 Bed unit found at Pepper Tree Apartments priced from $835. District at West Market Student Housing has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Rainbow Meadowood apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Pepper Tree Apartments1BR/1BA1BR,1BA$835
District at West Market Student HousingStudiosStudio,1BA$850
Cross Creek1 Bedroom1BR,1BA$925
Retreat at Copper Creek - SMP1X1 Winston1BR,1BA$925
StonesthrowAddison 11BR,1BA$930
NottinghamNottingham Apartments1BR,1BA$935
YorkTowne Apartments1x1 7561BR,1BA$950
Cedar TracePrimrose1BR,1BA$965
Sedgefield GardensModel 1A1BR,1BA$980
Legacy Pointe Apartments2BR - 1BTH2BR,1BA$995

Best Value Apartments for Rent in Rainbow Meadowood, NC

As of January 10, 2026 the best value apartment in the Rainbow Meadowood area is the $1.37 price per square foot Athena Premium Model at Reynolds Place Apartments in the in the College Hill neighborhood starting from $1,600. The second greatest value Rainbow Meadowood apartment is the 3BR/3BA Model at School at Spring Garden Student Apartments starting at $660 with a $0.58 price per square foot in the College Hill neighborhood. Here is today’s list of the best values for Rainbow Meadowood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reynolds Place ApartmentsAthena Premium2BR,2BA$1.37
School at Spring Garden Student Apartments3BR/3BA3BR,3BA$0.58
2909 Spring Garden St, Unit 2909-C2909 Spring Garden St3BR,2BA$1.14
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Patio3BR,2BA$0.60
Legacy Pointe Apartments2BR - 1BTH2BR,1BA$1.05
Greenhaven Trace Apartments1 Bedroom Standard1BR,1BA$1.32
Juliet Place Apartment Homes1 Bed 1 Bath1BR,1BA$1.37
YorkTowne Apartments1x1 7561BR,1BA$1.26
The Heights Townhomes2x1R2BR,1BA$1.42
StonesthrowAddison 11BR,1BA$1.29

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Greensboro. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, places to raise kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Rainbow Meadowood Apartments

What is a cheap apartment in Rainbow Meadowood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rainbow Meadowood is under $995.

What is the price of a cheap apartment in Rainbow Meadowood?

The cheapest apartment in Rainbow Meadowood is Pepper Tree Apartments which is listed at $835, while the average apartment in Rainbow Meadowood costs $1,468.

What types of apartments are the cheapest in Rainbow Meadowood?

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 21 regular apartments in Rainbow Meadowood 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 Rainbow Meadowood?

Cheap apartments in Rainbow Meadowood have an average cost of $436 which is $1,032 cheaper than the average rent for all rentals in Rainbow Meadowood.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.