Cheap Homes for Rent in Rainbow Meadowood Neighborhood of Greensboro, NC from $600 (15 Rentals)

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

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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property at 2720 Gwaltney Rd

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

2720 Gwaltney Rd

GreensboroNC27407

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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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. YorkTowne Apartments 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
YorkTowne Apartments1x1 7561BR,1BA$925
NottinghamNottingham Apartments1BR,1BA$925
Retreat at Copper Creek - SMP1X1 Winston1BR,1BA$925
Cedar TracePrimrose1BR,1BA$965

Best Value Apartments for Rent in Rainbow Meadowood, NC

As of April 23, 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 2BR Model at 600 Station Square Apartments starting at $1,399 with a $1.16 price per square foot in the Madison Woods 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
600 Station Square Apartments2BR2BR,2BA$1.16
Reynolds Place ApartmentsAthena Premium2BR,2BA$1.34
2909 Spring Garden St, Unit 2909-B2909 Spring Garden St2BR,2BA$1.05
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
Greenhaven Trace Apartments1 Bedroom Standard1BR,1BA$1.32
YorkTowne Apartments1x1 7561BR,1BA$1.22
409 N Cedar St, Unit D409 N Cedar St1BR,1BA$1.13

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Best Local Schools in
Rainbow Meadowood, Greensboro, NC

School data provided by Great Schools

Frequently Asked Questions about Rainbow Meadowood

What type of rentals are currently available in Rainbow Meadowood?

There are currently 216 Apartments for Rent in Rainbow Meadowood, NC with pricing that ranges from $629 to $3,199. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow Meadowood ranging from $695 to $3,250.

What is the current price range for Rental Homes in Rainbow Meadowood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rainbow Meadowood ranges from $695 to $3,250 with an average monthly rent of $1,405.

How much are larger Three and Four Bedroom Rentals in Rainbow Meadowood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rainbow Meadowood range from $629 to $3,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $669.

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.

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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.