
Cheap Apartments for Rent in the Pennydale Neighborhood of Greensboro, NC from $500 (13 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

Millbrook Apartments

Nottingham
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 | $1,545 | $1,379 | $1,991 |
Pennydale 1 Bedroom Apartments | $1,261 | $695 | $2,968 |
Pennydale 2 Bedroom Apartments | $1,414 | $825 | $3,359 |
Pennydale 3 Bedroom Apartments | $1,717 | $605 | $4,864 |
Browse Apartments in this Neighborhood
There are currently 13 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 $795. Pepper Tree Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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 | $795 |
Pepper Tree Apartments | 1BR/1BA | 1BR,1BA | $799 |
Village Walk Apartments | 1BR - 1BTH | 1BR,1BA | $850 |
Millbrook Apartments | 1 Bedroom 1 Bath Classic | 1BR,1BA | $850 |
The Arbors | The Rosewood | 1BR,1BA | $887 |
Best Value Apartments for Rent in Pennydale, NC
As of March 29, 2025 the best value apartment in the Pennydale area is the $0.94 price per square foot 2611 Kings Mill Rd Model at 2611 Kings Mill Rd in the in the Autumn Villas neighborhood starting from $2,390. The second greatest value Pennydale apartment is the 2507 Yow Rd Model at 2507 Yow Rd starting at $1,650 with a $1.25 price per square foot in the Hewitt Area 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. |
---|---|---|---|
2611 Kings Mill Rd | 2611 Kings Mill Rd | 4BR,3BA | $0.94 |
2507 Yow Rd | 2507 Yow Rd | 3BR,2BA | $1.25 |
Thomas Estates | 2BR/2 BA (Non Balcony) | 2BR,2BA | $1.07 |
Campus Crossing Spring Garden | Designer Style 3 Bed X 2 Bath - Sunroom | 3BR,2BA | $0.57 |
Legacy at Sedgefield | Two Bedroom Townhome - B | 2BR,1.5BA | $1.09 |
Stonesthrow Apartment Homes | 2 x 1 - Emery B3U | 2BR,1BA | $1.20 |
Abbington Place Apartments | Bridford | 1BR,1BA | $1.23 |
Millbrook Apartments | 1 Bedroom 1 Bath Classic | 1BR,1BA | $1.21 |
Village Walk Apartments | 1BR - 1BTH | 1BR,1BA | $1.27 |
The Retreat | The Ayers | 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 $795, while the average apartment in Pennydale costs $1,539.
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 8 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 $119 which is $1,420 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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.