Cheap Apartments for Rent in the Rainbow Meadowood Neighborhood of Greensboro, NC from $500 (49 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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.

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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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Colts Run Apartments
2 Bedroom Apartments

Colts Run Apartments

2611 Merritt DrGreensboro, NC 27407
  • Utilities Included

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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The Heights Townhomes
2 Bedroom Apartments

The Heights Townhomes

3802 Overland HtsGreensboro, NC 27407
  • Utilities Included
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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
  • Utilities Included
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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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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
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Morris Manor
2 Bedroom Apartments

Morris Manor

4228 United StGreensboro, NC 27407
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Vernon Building
1 to 3 Bedroom Apartments

Vernon Building

236-238 S Elm StGreensboro, NC 27401
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Showing Results 1-49, Page 1 of 1

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
StonesthrowDevin 12BR,1BA$923
Cross Creek1 Bedroom1BR,1BA$925
Retreat at Copper Creek - SMP1X1 Winston1BR,1BA$925
NottinghamNottingham Apartments1BR,1BA$935
YorkTowne Apartments1x1 7561BR,1BA$950

Best Value Apartments for Rent in Rainbow Meadowood, NC

As of November 24, 2025 the best value apartment in the Rainbow Meadowood area is the $0.58 price per square foot 3BR/3BA Model at School at Spring Garden Student Apartments in the in the College Hill neighborhood starting from $660. The second greatest value Rainbow Meadowood apartment is the Designer Style 3 Bed X 2 Bath - Patio Model at Campus Crossing Spring Garden starting at $619 with a $0.60 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.
School at Spring Garden Student Apartments3BR/3BA3BR,3BA$0.58
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Patio3BR,2BA$0.60
Juliet Place Apartment Homes1 Bed 1 Bath Large1BR,1BA$1.38
Mendenhall Square2 x 12BR,1BA$1.48
929 Glenwood Ave, Unit B929 Glenwood Ave2BR,1BA$1.12
YorkTowne Apartments1x1 7561BR,1BA$1.26
The Heights Townhomes2x1R2BR,1BA$1.42
StonesthrowAddison 11BR,1BA$1.35
Sedgefield GardensModel 1A1BR,1BA$1.47
Cross Creek1 Bedroom1BR,1BA$1.54

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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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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Pet Friendly Lifestyle
Rainbow Meadowood, Greensboro, NC

Ranked #53

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Rainbow Meadowood, Greensboro, NC

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!

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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $950.

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 $1,475.

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 28 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 $422 which is $1,053 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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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.