
Cheap Homes for Rent in Pennydale Neighborhood of Greensboro, NC from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Pennydale area of Greensboro.


1008 Cranbrook St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

2328 W Vandalia Rd

4312 Edith Ln
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.

4219 Edith Ln

914 Cranbrook 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.

914 Cranbrook St

518 Coapman St
Pennydale, Greensboro, NC Local Guide

How much does it cost to rent a home in Pennydale?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pennydale 2 Bedroom Homes for Rent | $1,170 | $1,000 | $1,400 |
Pennydale 3 Bedroom Homes for Rent | $1,748 | $1,395 | $2,400 |
Pennydale 4 Bedroom Homes for Rent | $2,220 | $2,150 | $2,290 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Pennydale Neighborhood of Greensboro, NC.
Explore Greensboro
Pennydale, Greensboro, NC Local Guide
- Nearby Greensboro neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $730. The Arbors has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. 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 | $730 |
The Arbors | The Rosewood | 1BR,1BA | $845 |
Village Walk Apartments | 1BR - 1BTH | 1BR,1BA | $850 |
Best Value Apartments for Rent in Pennydale, NC
As of May 12, 2025 the best value apartment in the Pennydale area is the $0.58 price per square foot Designer Style 3 Bed X 2 Bath with Patio a Lindell Model at Campus Crossing Spring Garden in the in the College Hill neighborhood starting from $605. The second greatest value Pennydale apartment is the Two Bedroom Townhome - B Model at Legacy at Sedgefield starting at $1,095 with a $1.09 price per square foot in the Autumn Villas 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. |
---|---|---|---|
Campus Crossing Spring Garden | Designer Style 3 Bed X 2 Bath with Patio a Lindell | 3BR,2BA | $0.58 |
Legacy at Sedgefield | Two Bedroom Townhome - B | 2BR,1.5BA | $1.09 |
The Residences at 1805 | 2 Bed 1 Bath Birch | 2BR,1BA | $1.10 |
Andover Park | Messina | 1BR,1BA | $1.36 |
The Lodge at Lakeshore | High Rock | 1BR,1BA | $1.46 |
Stonesthrow Apartment Homes | Addison | 1BR,1BA | $1.26 |
Millbrook Apartments | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $1.42 |
Village Walk Apartments | 1BR - 1BTH | 1BR,1BA | $1.27 |
The Retreat | The Ashland | 1BR,1BA | $1.20 |
The Arbors | The Rosewood | 1BR,1BA | $1.30 |
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.
Frequently Asked Questions about Pennydale
What type of rentals are currently available in Pennydale?
There are currently 90 Apartments for Rent in Pennydale, NC with pricing that ranges from $605 to $3,081. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pennydale ranging from $651 to $2,400.
What is the current price range for Rental Homes in Pennydale?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pennydale ranges from $651 to $2,400 with an average monthly rent of $1,447.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.