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19 Cheap Apartments for rent in Greensboro, NC

Last updated October 19 at 3:22pm UTC
Chapel Walk
1370 J Lees Chapel Road
Greensboro, NC
Updated October 17 at 6:54am UTC
1 Bedroom
$615
2 Bedrooms
$799
3923 Overland Heights #F
Hunter Hills
Greensboro, NC
Updated October 19 at 11:23am UTC
2 Bedrooms
$625
3113 Utah Place
O Henry Oaks
Greensboro, NC
Updated October 19 at 11:21am UTC
2 Bedrooms
$595
209 Shaw Street
Greensboro
Greensboro, NC
Updated October 18 at 6:26pm UTC
2 Bedrooms
$595
800 Dale Street
Warnersville
Greensboro, NC
Updated October 13 at 11:15am UTC
2 Bedrooms
$595
3304 N Elm St
Spicewood
Greensboro, NC
Updated October 10 at 5:40pm UTC
2 Bedrooms
$625
915 S. English St
Hampton Community
Greensboro, NC
Updated October 6 at 10:33am UTC
2 Bedrooms
$650
1003 Yanceyville St
Charles Aycock - Summit Ave
Greensboro, NC
Updated September 23 at 1:34am UTC
1 Bedroom
$615
617 5th Ave
Charles Aycock - Summit Ave
Greensboro, NC
Updated September 18 at 6:49pm UTC
1 Bedroom
$495
3940 Overland Heights
Hunter Hills
Greensboro, NC
Updated August 24 at 2:35am UTC
2 Bedrooms
$500
Results within 5 miles of Greensboro, NC
Results within 10 miles of Greensboro, NC
320 Player Drive
High Point
High Point, NC
Updated October 18 at 6:24pm UTC
2 Bedrooms
$650
1509 Graves Ave.
Downtown High Point
High Point, NC
Updated October 12 at 1:15pm UTC
3 Bedrooms
$650
2407 Francis St
High Point
High Point, NC
Updated October 12 at 2:35am UTC
3 Bedrooms
$629
1409 Leonard Avenue
High Point
High Point, NC
Updated October 9 at 9:30am UTC
2 Bedrooms
$525
112 Robbins Street
Oakgrove
Greensboro, NC
Updated October 18 at 6:29pm UTC
2 Bedrooms
$625

October 2018 Greensboro Rent Report

Welcome to the October 2018 Greensboro Rent Report. Greensboro rents remained steady over the past month. In this report, we'll evaluate trends in the Greensboro rental market, including comparisons to cities throughout the state and nation.

View full Greensboro Rent Report
Rent Report
Greensboro

October 2018 Greensboro Rent Report

Welcome to the October 2018 Greensboro Rent Report. Greensboro rents remained steady over the past month. In this report, we'll evaluate trends in the Greensboro rental market, including comparisons to cities throughout the state and nation.

Greensboro rents declined over the past month

Greensboro rents have declined 0.1% over the past month, but have increased slightly by 1.9% in comparison to the same time last year. Currently, median rents in Greensboro stand at $730 for a one-bedroom apartment and $860 for a two-bedroom. Greensboro's year-over-year rent growth leads the state average of 0.8%, as well as the national average of 0.9%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Greensboro, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, 9 of them have seen prices rise. The state as a whole logged rent growth of 0.8% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,250; of the 10 largest cities in the state that we have data for, Durham, where a two-bedroom goes for $1,070, is the only major city to see rents fall year-over-year (-0.9%).
  • High Point, Asheville, and Winston-Salem have all experienced year-over-year growth above the state average (3.4%, 2.3%, and 2.0%, respectively).

Greensboro rents more affordable than many large cities nationwide

As rents have increased slightly in Greensboro, a few large cities nationwide have seen rents grow more quickly. Greensboro is still more affordable than most large cities across the country.

  • Greensboro's median two-bedroom rent of $860 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 1.9% increase in Greensboro.
  • While Greensboro's rents rose slightly over the past year, the city of Seattle saw a decrease of 1.6%.
  • Renters will find more reasonable prices in Greensboro than most large cities. For example, San Francisco has a median 2BR rent of $3,110, which is more than three-and-a-half times the price in Greensboro.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.