Cheap Apartments for Rent in the Rainbow Meadowood Neighborhood of Greensboro, NC from $500 (42 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Colts Run Apartments
2 Bedroom Apartments

Colts Run Apartments

2611 Merritt DrGreensboro, NC 27407
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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
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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
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Asberry Courts
1 to 3 Bedroom Apartments

Asberry Courts

1230 S Eugene StGreensboro, NC 27406

Navigating 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.

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Vernon Building
1 Bedroom Apartments

Vernon Building

236-238 S Elm StGreensboro, NC 27401
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Bella Vista Apartments
2 Bedroom Apartments

Bella Vista Apartments

1827-1843 Merritt DrGreensboro, NC 27407
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The Heights Townhomes
2 Bedroom Apartments

The Heights Townhomes

3902 Overland HtsGreensboro, NC 27407
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Morris Manor
2 Bedroom Apartments

Morris Manor

4228 United StGreensboro, NC 27407
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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. Legacy Pointe Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Rainbow Meadowood apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Pepper Tree Apartments1BR/1BA1BR,1BA$835
Legacy Pointe Apartments1BR - 1BTH1BR,1BA$875
Cross Creek1 Bedroom1BR,1BA$925
Meadowview Apartments & TownhomesUpdated StudioStudio,1BA$925
NottinghamNottingham Apartments1BR,1BA$935
YorkTowne Apartments1x1 7561BR,1BA$950
Sedgefield GardensModel 1A1BR,1BA$980

Best Value Apartments for Rent in Rainbow Meadowood, NC

As of June 05, 2025 the best value apartment in the Rainbow Meadowood area is the $1.11 price per square foot Kylie Townhome Model at Stonesthrow Apartment Homes in the in the Autumn Villas neighborhood starting from $1,168. The second greatest value Rainbow Meadowood apartment is the 206 N Mendenhall St Model at 206 N Mendenhall St, Unit 3 starting at $1,275 with a $1.21 price per square foot in the Gorrell St. Community 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.
Stonesthrow Apartment HomesKylie Townhome2BR,1.5BA$1.11
206 N Mendenhall St, Unit 3206 N Mendenhall St2BR,1BA$1.21
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath with Patio a Lindell3BR,2BA$0.58
Juniper Ridge II2 Bedroom Renovated2BR,2BA$1.25
Wendover Ridge1 Bedroom Partial1BR,1BA$1.16
716 Marsh St, Unit 10716 Marsh St2BR,1BA$1.13
630 Joyner St, Unit 2630 Joyner St1BR,1BA$1.31
1929 Vantage Point Pl, Unit 1929-J1929 Vantage Point Pl2BR,1BA$1.25
YorkTowne Apartments1x1 7561BR,1BA$1.26
1923 Vantage Point Pl, Unit 1923-K1923 Vantage Point Pl2BR,1BA$1.25

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Pet Friendly Lifestyle
Rainbow Meadowood, Greensboro, NC

Ranked #28

Among neighborhoods in Greensboro, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Rainbow Meadowood Neighborhood in Greensboro, NC

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Rainbow Meadowood Apartments

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 $1,569.

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 7 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 $711 which is $858 cheaper than the average rent for all rentals in Rainbow Meadowood.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.