Cheap Apartments for Rent in the Downtown Neighborhood of Greensboro, NC from $500 (17 Rentals)

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Cheap Apartments in the Downtown area of Greensboro.

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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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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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Chestnut Court
2 Bedroom Apartments

Chestnut Court

757 Chestnut StGreensboro, NC 27405
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Park South Apartments
1 Bedroom Apartments

Park South Apartments

230 South Park DrGreensboro, NC 27401
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Asberry Courts
1 to 3 Bedroom Apartments

Asberry Courts

1230 S Eugene StGreensboro, NC 27406

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Vernon Building
1 Bedroom Apartments

Vernon Building

236-238 S Elm StGreensboro, NC 27401
  • Utilities Included

Downtown, Greensboro, NC Local Guide

Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Greensboro, NC is a Studio unit found at District at West Market Student Housing priced from $825. Latham Park Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here are the most affordable Downtown apartments for rent in Greensboro, NC:

Apartment ListingModel NameBed/BathPriced From
District at West Market Student HousingStudiosStudio,1BA$825
Latham Park Manor2 Bdrm TH2BR,1BA$850
Legacy Crossing Apartments2 Bedroom Townhome2BR,1BA$955
Amber Ridge1 Bedroom + Den1BR,1BA$1,025
CityViewMorehead1BR,1BA$1,146

Best Value Apartments for Rent in Downtown, NC

As of May 02, 2025 the best value apartment in the Downtown area is the $1.54 price per square foot Luxury 2BR Downtown Condo Model at Fountain View in the in the Gorrell St. Community neighborhood starting from $1,950. The second greatest value Downtown apartment is the Chaplin Elevator Model at 2918 North at Winstead Commons starting at $1,509 with a $1.24 price per square foot in the Cumberland neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fountain ViewLuxury 2BR Downtown Condo2BR,2BA$1.54
2918 North at Winstead CommonsChaplin Elevator2BR,2BA$1.24
227 S Elm St, Unit Edmonds227 S Elm St2BR,1BA$1.11
Latham Park Manor2 Bdrm TH2BR,1BA$0.96
Legacy Crossing Apartments2 Bedroom Townhome2BR,1BA$1.09
630 Joyner St, Unit 2630 Joyner St1BR,1BA$1.31
CityViewMorehead1BR,1BA$1.47
Amber Ridge2 Bedroom2BR,1BA$1.38
Center PointeOne Bedroom1BR,1BA$1.92
302 N Cedar St, Unit A302 N Cedar St1BR,1BA$1.85

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Pet Friendly Lifestyle
Downtown, Greensboro, NC

Ranked #70

Among neighborhoods in Greensboro, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Apartments

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Amber Ridge which is listed at $1,025, while the average apartment in Downtown costs $2,900.

What types of apartments are the cheapest in Downtown?

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 2 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.