
Cheap Apartments for Rent in the Rainbow Meadowood Neighborhood of Greensboro, NC from $500 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rainbow Meadowood area of Greensboro.


1833 Spring Garden St

4406 Trinity Ave

1817 McCormick St

317 Tate St

Pepper Tree Apartments

Lindley Park Manor

District at West Market Student Housing
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Legacy Pointe Apartments

610 Fairmont St

Cross Creek

Retreat at Copper Creek - SMP

Stonesthrow

Nottingham

2912 W Florida St

YorkTowne Apartments
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Cedar Trace

Sedgefield Gardens

Princeton Terrace

2200 Spring Garden St

2034 Walker Ave

Colts Run Apartments

The Heights Townhomes

Oakwood Apartments
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.

The Inn at Greensboro

3936 McIntosh St

Cedar Fork Apartments

Sherwood Court Apartments

Spring Manor Apartments

Juniper Ridge I

The Village of Nantucket

Asberry Courts
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Bella Vista Apartments
Rainbow Meadowood, Greensboro, NC Local Guide

How much does it cost to rent an apartment in Rainbow Meadowood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rainbow Meadowood Studio Apartments | $836 | $695 | $865 |
| Rainbow Meadowood 1 Bedroom Apartments | $1,407 | $705 | $1,804 |
| Rainbow Meadowood 2 Bedroom Apartments | $1,446 | $875 | $2,359 |
| Rainbow Meadowood 3 Bedroom Apartments | $1,319 | $605 | $2,919 |
| Rainbow Meadowood 4 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the Rainbow Meadowood Neighborhood of Greensboro, NC.
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Rainbow Meadowood, Greensboro, NC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pepper Tree Apartments | 1BR/1BA | 1BR,1BA | $835 |
| District at West Market Student Housing | Studios | Studio,1BA | $850 |
| Cross Creek | 1 Bedroom | 1BR,1BA | $925 |
| Retreat at Copper Creek - SMP | 1X1 Winston | 1BR,1BA | $925 |
| Stonesthrow | Addison 1 | 1BR,1BA | $930 |
| Nottingham | Nottingham Apartments | 1BR,1BA | $935 |
| YorkTowne Apartments | 1x1 756 | 1BR,1BA | $950 |
| Cedar Trace | Primrose | 1BR,1BA | $965 |
| Sedgefield Gardens | Model 1A | 1BR,1BA | $980 |
| Legacy Pointe Apartments | 2BR - 1BTH | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reynolds Place Apartments | Athena Premium | 2BR,2BA | $1.37 |
| School at Spring Garden Student Apartments | 3BR/3BA | 3BR,3BA | $0.58 |
| 2909 Spring Garden St, Unit 2909-C | 2909 Spring Garden St | 3BR,2BA | $1.14 |
| Campus Crossing Spring Garden | Designer Style 3 Bed X 2 Bath - Patio | 3BR,2BA | $0.60 |
| Legacy Pointe Apartments | 2BR - 1BTH | 2BR,1BA | $1.05 |
| Greenhaven Trace Apartments | 1 Bedroom Standard | 1BR,1BA | $1.32 |
| Juliet Place Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| YorkTowne Apartments | 1x1 756 | 1BR,1BA | $1.26 |
| The Heights Townhomes | 2x1R | 2BR,1BA | $1.42 |
| Stonesthrow | Addison 1 | 1BR,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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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.
Best Local Schools in Rainbow Meadowood, Greensboro, NC
UncG Early/Middle College
School data provided by Great Schools
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

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.

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.

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.

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.