46 Cheap Apartments for rent in Greensboro, NC

Last updated November 21 at 8:33pm UTC
218 Tate Street Apt 1
College Hill
Greensboro, NC
Updated November 18 at 11:27am UTC
1 Bedroom
$650
2612 Grimsley
Rainbow - Meadowood
Greensboro, NC
Updated October 20 at 10:27am UTC
3 Bedrooms
$625
3830 West Avenue
Hunter Hills
Greensboro, NC
Updated November 8 at 11:20am UTC
2 Bedrooms
$585
3300 N Elm St
Spicewood
Greensboro, NC
Updated November 21 at 6:02pm UTC
2 Bedrooms
$625
3612 Brevard Street
Hunter Hills
Greensboro, NC
Updated November 14 at 10:53am UTC
2 Bedrooms
$625
1733 Dunbar St.
Lincoln Heights
Greensboro, NC
Updated November 16 at 11:41am UTC
3 Bedrooms
$625
523 Martin St.
Greensboro
Greensboro, NC
Updated November 15 at 11:31am UTC
2 Bedrooms
$600
110 Robbins Street Unit B
Oakgrove
Greensboro, NC
Updated November 18 at 11:28am UTC
2 Bedrooms
$600
3203 Orange St
O Henry Oaks
Greensboro, NC
Updated November 21 at 6:05pm UTC
1 Bedroom
$495
200 Northpoint Ave., Unit F
High Point
High Point, NC
Updated November 18 at 11:29am UTC
1 Bedroom
$595
Results within 5 miles of Greensboro, NC
201 Murray St
High Point
High Point, NC
Updated November 18 at 11:28am UTC
2 Bedrooms
$600
2090 Cole Rd
Parkview
Winston-Salem, NC
Updated October 25 at 10:43am UTC
2 Bedrooms
$525
526 Flint Street
High Point
High Point, NC
Updated November 18 at 11:30am UTC
2 Bedrooms
$495
Results within 10 miles of Greensboro, NC
2618 Randleman Rd Apt B
Greensboro
Greensboro, NC
Updated November 16 at 12:03pm UTC
2 Bedrooms
$595
Results within 20 miles of Greensboro, NC
1607 Brockett Avenue
High Point
High Point, NC
Updated October 9 at 9:23am UTC
1 Bedroom
$525
818 Moore St
Reidsville
Reidsville, NC
Updated November 7 at 11:49am UTC
3 Bedrooms
$600
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November 2017 Greensboro Rent Report

Welcome to the November 2017 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

November 2017 Greensboro Rent Report

Welcome to the November 2017 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 held steady over the past month

Greensboro rents have remained flat over the past month, however, they are up moderately by 2.4% year-over-year. Currently, median rents in Greensboro stand at $710 for a one-bedroom apartment and $840 for a two-bedroom. Greensboro's year-over-year rent growth lags the state average of 3.6%, as well as the national average of 2.7%.

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, all of them have seen prices rise. The state as a whole logged rent growth of 3.6% 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 $1,220; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Fayetteville experiencing the fastest growth (+5.7%).
  • Wilmington, Winston-Salem, and Cary have all experienced year-over-year growth above the state average (4.6%, 4.3%, and 3.8%, respectively).

Greensboro rents more affordable than many large cities nationwide

As rents have increased moderately in Greensboro, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Greensboro is still more affordable than most large cities across the country.

  • Greensboro's median two-bedroom rent of $840 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 2.4% rise in Greensboro.
  • While Greensboro's rents rose moderately over the past year, some cities nationwide saw decreases, including New York (-0.2%) and Miami (-0.2%).
  • Renters will find more reasonable prices in Greensboro than most large cities. For example, San Francisco has a median 2BR rent of $3,070, 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.