Cheap Apartments for Rent in the Pennydale Neighborhood of Greensboro, NC from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pennydale area of Greensboro.

4404 Trinity Ave

Pepper Tree Apartments

Village Walk Apartments

Nottingham
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.

2217 Obrien St
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.
Pennydale, Greensboro, NC Local Guide

How much does it cost to rent an apartment in Pennydale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pennydale Studio Apartments | $1,379 | $1,379 | $1,379 |
Pennydale 1 Bedroom Apartments | $1,211 | $750 | $2,352 |
Pennydale 2 Bedroom Apartments | $1,379 | $825 | $2,955 |
Pennydale 3 Bedroom Apartments | $1,523 | $605 | $3,084 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Pennydale Neighborhood of Greensboro, NC.
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Pennydale, Greensboro, NC Local Guide
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Cheapest Available Pennydale Apartments for Rent
 The cheapest available apartment rental in the Pennydale area of Greensboro, NC is a 1 Bed unit found at The Retreat priced from $740. The Arbors has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here are the most affordable Pennydale apartments for rent in Greensboro, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Retreat | The Ayers | 1BR,1BA | $740 |
The Arbors | The Rosewood | 1BR,1BA | $820 |
Pepper Tree Apartments | 1BR/1BA | 1BR,1BA | $835 |
Village Walk Apartments | 1BR - 1BTH | 1BR,1BA | $850 |
Stonesthrow Apartment Homes | Addison | 1BR,1BA | $913 |
Best Value Apartments for Rent in Pennydale, NC
As of May 01, 2025 the best value apartment in the Pennydale area is the $1.29 price per square foot Abbington Model at Abbington Place Apartments in the in the Timberbrooke neighborhood starting from $1,825. The second greatest value Pennydale apartment is the 2BR/2.0BA Model at 600 Station Square Apartments starting at $1,499 with a $1.22 price per square foot in the Madison Woods neighborhood. Here is today’s list of the best values for Pennydale apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Abbington Place Apartments | Abbington | 3BR,2BA | $1.29 |
600 Station Square Apartments | 2BR/2.0BA | 2BR,2BA | $1.22 |
2909 Spring Garden St, Unit 2909-F | 2909 Spring Garden St | 3BR,2BA | $1.19 |
Campus Crossing Spring Garden | Designer Style 3 Bed X 2 Bath with Patio a Lindell | 3BR,2BA | $0.72 |
Legacy at Sedgefield | Two Bedroom Townhome - B | 2BR,1.5BA | $1.09 |
Wendover Ridge | 1 Bedroom Renovated | 1BR,1BA | $1.20 |
Stonesthrow Apartment Homes | Addison | 1BR,1BA | $1.27 |
Village Walk Apartments | 1BR - 1BTH | 1BR,1BA | $1.27 |
The Retreat | The Ashland | 1BR,1BA | $1.19 |
The Arbors | The Rosewood | 1BR,1BA | $1.26 |
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Pet Friendly LifestylePennydale, Greensboro, NC
Ranked #17
Among neighborhoods in Greensboro, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across North Carolina including Pennydale, Greensboro, and the greater Greensboro area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
Getting Around the Pennydale Neighborhood in Greensboro, NC
Walk Score®
68 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
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 Pennydale Apartments
What is the price of a cheap apartment in Pennydale?
The cheapest apartment in Pennydale is The Retreat which is listed at $740, while the average apartment in Pennydale costs $2,205.
What types of apartments are the cheapest in Pennydale?
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 15 regular apartments in Pennydale 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 Pennydale?
Cheap apartments in Pennydale have an average cost of $158 which is $2,047 cheaper than the average rent for all rentals in Pennydale.
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.

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.

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.

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.

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.