Cheap Homes for Rent in Southmont Neighborhood of Greensboro, NC from $700 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the Southmont 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

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Southmont, Greensboro, NC Local Guide

Cheapest Available Southmont Apartments for Rent

 

The cheapest available apartment rental in the Southmont area of Greensboro, NC is a 1 Bed unit found at YorkTowne Apartments priced from $925. Cross Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Southmont apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
YorkTowne Apartments1x1 7561BR,1BA$925
Cross Creek1 Bedroom1BR,1BA$925
The Gardens at Anthony HouseEvergreen (One Bed, One Bath)1BR,1BA$960
Legacy Pointe Apartments2BR - 1BTH2BR,1BA$995
2003 Spring Garden StUnit #31BR,1BA$995

Best Value Apartments for Rent in Southmont, NC

As of April 12, 2026 the best value apartment in the Southmont area is the $1.38 price per square foot Athena Premium Model at Reynolds Place Apartments in the in the College Hill neighborhood starting from $1,620. The second greatest value Southmont apartment is the 3BR - 2BTH Model at The Forest Apartments starting at $1,300 with a $1.12 price per square foot in the Wilpar Estates neighborhood. Here is today’s list of the best values for Southmont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Reynolds Place ApartmentsAthena Premium2BR,2BA$1.38
The Forest Apartments3BR - 2BTH3BR,2BA$1.12
Bailey Village (Not Student Housing)2B2BR,2BA$1.26
Legacy Pointe Apartments2BR - 1BTH | Renovated2BR,1BA$1.10
703 S Chapman St, Unit 1-A703 S Chapman St2BR,1.5BA$1.14
2012 Maywood St2BR/1.0BA2BR,1BA$1.34
Abernathy ParkThe Messina1BR,1BA$1.42
Juliet Place Apartment Homes1 Bed 1 Bath1BR,1BA$1.37
YorkTowne Apartments1x1 7561BR,1BA$1.22
The Gardens at Anthony HouseEvergreen (One Bed, One Bath)1BR,1BA$1.33

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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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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Frequently Asked Questions about Southmont

What type of rentals are currently available in Southmont?

There are currently 152 Apartments for Rent in Southmont, NC with pricing that ranges from $629 to $2,270. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southmont ranging from $725 to $3,250.

What is the current price range for Rental Homes in Southmont?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southmont ranges from $725 to $3,250 with an average monthly rent of $1,430.

How much are larger Three and Four Bedroom Rentals in Southmont?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southmont range from $629 to $1,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,300.

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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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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.