Cheap Apartments for Rent in the Rainbow Meadowood Neighborhood of Greensboro, NC from $416 (60 Rentals)

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

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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YorkTowne Apartments
Rent Specials
$975 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$975 - $1,450
Total Monthly Price
$975 - $1,450
1 to 3 Bedroom Apartments Available Now

YorkTowne Apartments

3601 Lynhaven DrGreensboro, NC 27406
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 3923 Overland Hts

$995

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3923 Overland Hts

GreensboroNC27407
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Mendenhall Square
$1,099 - $1,199
Total Monthly Price

Total Monthly Price

Base Rent
$1,099 - $1,199
Total Monthly Price
$1,099 - $1,199
1 to 2 Bedroom Apartments Available Now

Mendenhall Square

512 S MendenhallGreensboro, NC 27403
Affordability
  • Verified
  • Utilities Included
  • Smoke Free
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Colts Run Apartments
2 Bedroom Apartments

Colts Run Apartments

2611 Merritt DrGreensboro, NC 27407
  • Utilities Included
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Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

3739-3755 Oakwood DrGreensboro, NC 27407
  • Utilities Included
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3936 McIntosh St
3 Bedroom Apartments

3936 McIntosh St

3936 McIntosh StGreensboro, NC 27407

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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Spring Manor Apartments
2 to 3 Bedroom Apartments

Spring Manor Apartments

400 W Meadowview RdGreensboro, NC 27406
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Bella Vista Apartments
2 Bedroom Apartments

Bella Vista Apartments

1827-1843 Merritt DrGreensboro, NC 27407
  • 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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3838 West Ave
2 Bedroom Apartments

3838 West Ave

3838 West AveGreensboro, NC 27407
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Asberry Courts
1 to 3 Bedroom Apartments

Asberry Courts

1230 S Eugene StGreensboro, NC 27406
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1018 Dillard St.
2 Bedroom Apartments

1018 Dillard St.

1018 Dillard StGreensboro, NC 27403

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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 3 Beds unit found at Reynolds Place Apartments: NEAR UNCG priced from $583. Pepper Tree Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Rainbow Meadowood apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Reynolds Place Apartments: NEAR UNCGNike3BR,2BA$583
Pepper Tree Apartments1BR/1BA1BR,1BA$799
StonesthrowAddison 11BR,1BA$913
Cross Creek1 Bedroom1BR,1BA$925
Retreat at Copper Creek - SMP1X1 Winston1BR,1BA$925
Legacy Pointe Apartments2BR - 1BTH2BR,1BA$945
3838 West Ave2 Beds, 1 Baths2BR,1BA$950
Nottingham1 Bed / 1 Bath1BR,1BA$950
Cedar Trace ApartmentsPrimrose1BR,1BA$965

Best Value Apartments for Rent in Rainbow Meadowood, NC

As of August 27, 2026 the best value apartment in the Rainbow Meadowood 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 Rainbow Meadowood apartment is the Ask about our FREE MONTH Special - NOW LEASING ... Model at Spring Garden Station starting at $750 with a $0.55 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.
WestVueThe Bradford (Stand Alone)2BR,2.5BA$0.59
Spring Garden StationAsk about our FREE MONTH Special - NOW LEASING ...4BR,4BA$0.55
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath - Sunroom3BR,2BA$0.58
1806 Walker Ave, Unit A1806 Walker Ave2BR,1BA$1.18
Meadowview Apartments & Townhomes2BR - 1.5BTH Townhome Upgraded2BR,1.5BA$1.15
The Vic2 Bed 2 Bath Phase 12BR,2BA$0.56
1200 Glenwood Ave, Unit 1200-B1200 Glenwood Ave3BR,1BA$1.35
2012 Maywood St2BR/1.0BA2BR,1BA$1.34
1018 Dillard St.2BR/1.0BA2BR,1BA$1.24
YorkTowne Apartments1x1 7561BR,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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Real 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.

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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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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!

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 $799, while the average apartment in Rainbow Meadowood costs $1,399.

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 66 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 $385 which is $1,014 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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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.

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.