Cheap Apartments for Rent in the Rainbow Meadowood Neighborhood of Greensboro, NC from $500 (66 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 3516 Lynhaven Dr

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3516 Lynhaven Dr

GreensboroNC27406

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.

Read Article
property at 2624 Randleman Rd

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

2624 Randleman Rd, Unit A

2624 Randleman Rd
GreensboroNC27406

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.

Read Article
property at 3923 Overland Hts

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3923 Overland Hts

GreensboroNC27407

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.

Read Article
close
View Me
Mendenhall Square
$1,199 - $1,340
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,340
Total Monthly Price
$1,199 - $1,340
1 to 2 Bedroom Apartments Available Now

Mendenhall Square

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

Colts Run Apartments

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

The Heights Townhomes

3802 Overland HtsGreensboro, NC 27407
  • Utilities Included
close
View Me
Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

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

3936 McIntosh St

3936 McIntosh StGreensboro, NC 27407

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.

Read Article
close
View Me
The Inn at Greensboro
Studio to 2 Bedroom Apartments

The Inn at Greensboro

1000 W Market StGreensboro, NC 27401
Student Housing
  • Utilities Included
close
View Me
Spring Manor Apartments
2 to 3 Bedroom Apartments

Spring Manor Apartments

400 W Meadowview RdGreensboro, NC 27406
  • Utilities Included
close
View Me
Bella Vista Apartments
2 Bedroom Apartments

Bella Vista Apartments

1827-1843 Merritt DrGreensboro, NC 27407
  • Utilities Included
close
View Me
Juniper Ridge I
1 to 2 Bedroom Apartments

Juniper Ridge I

2904-2914 W FloridaGreensboro, NC 27407

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.

Read Article
Showing Results 1-50, Page 1 of 2

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 $865. Cross Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Rainbow Meadowood apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
Pepper Tree Apartments1BR/1BA1BR,1BA$865
Cross Creek1 Bedroom1BR,1BA$925
Retreat at Copper Creek - SMP1X1 Winston1BR,1BA$925
NottinghamNottingham Apartments1BR,1BA$925
YorkTowne Apartments1x1 7561BR,1BA$950
Cedar TracePrimrose1BR,1BA$965
StonesthrowAddison 11BR,1BA$971
Meadowview Apartments & TownhomesStudio UpgradedStudio,1BA$975

Best Value Apartments for Rent in Rainbow Meadowood, NC

As of May 28, 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 4 Bedroom Model at Spring Garden Station - Luxury Student Living 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 Station - Luxury Student Living4 Bedroom4BR,4BA$0.55
600 Station Square Apartments2BR2BR,2BA$1.16
2909 Spring Garden St, Unit 2909-B2909 Spring Garden St2BR,2BA$1.02
102-G Wafco Lane, Unit G102-G Wafco Lane2BR,2BA$1.30
Legacy Pointe Apartments2BR - 1BTH2BR,1BA$1.05
2012 Maywood St2BR/1.0BA2BR,1BA$1.34
YorkTowne Apartments1x1 7561BR,1BA$1.26
409 N Cedar St, Unit D409 N Cedar St1BR,1BA$1.13
1806 Walker Ave, Unit D1806 Walker AveStudio ,1BA$1.33

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 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 $975.

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 $865, while the average apartment in Rainbow Meadowood costs $1,818.

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 58 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 $420 which is $1,398 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

decorative image for Where to Rent in Greensboro: Top Affordable Neighborhoods for Families and Singles article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.