Cheap Apartments for Rent in Greensboro, NC from $300 (181 Rentals)

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Cheap Apartments in Greensboro.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Greensboro, NC Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Greensboro, NC

Pricing Updated: 05/03/2025

Current apartment rentals in the Greensboro, NC area range in price from $550 to $6,591 with an overall median price of $1,905. The three Greensboro neighborhoods with the lowest median rent pricing are Phillips Avenue at $850, Green Valley at $795, and Lindley Park at $605. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Greensboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Phillips Avenue$850$8502
Green Valley$1,250$79519
Lindley Park$1,250$60581
O Henry Oaks$1,320$85022
Woodbriar Estates$1,320$57994
Kings Forest$1,327$57983
Nealtown Farms$1,327$57944
Smith Homes$1,349$605131
Glendale Hills$1,365$57961
First Farmington Apartments$1,383$65080

Cheapest Available Greensboro Apartments for Rent

 

The cheapest available apartment rental in Greensboro, NC is a Studio unit found at New Irving Heights in the Cumberland neighborhood priced from $720. The Retreat in the Madison Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $740. Here is today’s list of the most affordable Greensboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
New Irving HeightsStudioStudio,1BA$720
The RetreatThe Ayers1BR,1BA$740
Lakewood1BR/ 1BA1BR,1BA$750
Farmwood Gardens1x11BR,1BA$799
The Pointe at White Oak1X11BR,1BA$799
District at West Market Student HousingStudiosStudio,1BA$825
Suffolk Place ApartmentsOne Bedroom1BR,1BA$825
Pepper Tree Apartments1BR/1BA1BR,1BA$835

Best Value Apartments for Rent in Greensboro, NC

As of May 03, 2025 the best value apartment in the Greensboro area is the $1.05 price per square foot The Cambridge Model at Lemans at Lawndale in the in the Old Irving Park neighborhood starting from $1,155. The second greatest value Greensboro apartment is the 2 Bed Townhome Model at Park Place starting at $1,099 with a $1.05 price per square foot in the Madison Woods neighborhood. Here is today’s list of the best values for Greensboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lemans at LawndaleThe Cambridge3BR,1.5BA$1.05
Park Place2 Bed Townhome2BR,1.5BA$1.05
Campus Crossing Spring GardenDesigner Style 3 Bed X 2 Bath with Patio a Lindell3BR,2BA$0.72
Legacy at SedgefieldTwo Bedroom Townhome - B2BR,1.5BA$1.09
The Vue at Greensboro2 Bed 1.5 Bath2BR,1.5BA$1.09
Latham Park Manor2 Bdrm TH2BR,1BA$0.96
Legacy Crossing Apartments2 Bedroom Townhome2BR,1BA$1.09
Alexander Homes, Greensboro: Welcome Home2 Bedroom 1 Bath2BR,1BA$0.99
1004 Elwell Ave, Unit 1004-A1004 Elwell Ave1BR,1BA$0.97
LivGreen Gardens1 Bedroom1BR,1BA$1.08

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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Greensboro Overview

Greensboro, North Carolina is a clean, picturesque, modern and well maintained city that is located just hours from the Blue Ridge Mountains and coast and 90 minutes from Raleigh. Greensboro is one of the highest populated cities in North Carolina and has plenty to offer residents in things to do as well as great options in apartments in Greensboro to live. The city is surrounded by great food and restaurants, a thriving downtown area, local entertainment and is easy to travel to and from. Greensboro is located close to an airport as well. While driving is common -with an average commute of 20 minutes and an intersection of many interstate and local US highways- many residents also opt to walk and cycle in order to get around the city.

Why live in Greensboro, NC?

Greensboro is a safe and peaceful, yet lively city that is surrounded by historical landmarks, culture and a strong sense of community. Thus, Greensboro is a great place to put down roots for a family. Residents looking for homes enjoy affordable housing in beautifully constructed homes throughout the city, while renters truly have it made with plenty of wonderful options in affordable Greensboro apartments available to them. Jobs are steady and thus, unemployment for residents is on the lower end. The healthcare industry is a booming one in Greensboro. Greensboro is also one of the nation's top ten green cities.

Pet Friendly Lifestyle
Greensboro, NC

Ranked #5

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Greensboro, NC Rentals by Map

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See the most popular apartments and homes in Greensboro, NC

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Getting Around Greensboro, NC

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

39 / 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 Greensboro Apartments

What is a cheap apartment in Greensboro?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greensboro is under $835.

What is the price of a cheap apartment in Greensboro?

The cheapest apartment in Greensboro is The Retreat which is listed at $740, while the average apartment in Greensboro costs $1,905.

What types of apartments are the cheapest in Greensboro?

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 1,131 regular apartments in Greensboro 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 Greensboro?

Cheap apartments in Greensboro have an average cost of $391 which is $1,514 cheaper than the average rent for all rentals in Greensboro.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.