55 Cheap Apartments for rent in Greensboro, NC

Last updated September 20 at 12:22AM
Random Woods
1805 Fairfax Rd
Greensboro, NC
Updated September 19 at 11:24PM
2 Bedrooms
$640
3 Bedrooms
$788
3208 N Hayden St
Hunter Hills
Greensboro, NC
Updated September 18 at 9:24AM
2 Bedrooms
$625
709 Martin Luther King Jr Dr
Warnersville
Greensboro, NC
Updated September 19 at 5:25PM
1 Bedroom
$525
714 Warren Street A
Brice Street Area
Greensboro, NC
Updated September 15 at 10:18AM
2 Bedrooms
$595
523 Martin St.
Greensboro
Greensboro, NC
Updated September 19 at 9:13AM
2 Bedrooms
$600
3601 Busic Ave
Lowdermilk Area
Greensboro, NC
Updated September 19 at 1:44AM
2 Bedrooms
$485
1209 Walnut St
Greensboro
Greensboro, NC
Updated September 19 at 10:05AM
2 Bedrooms
$625
1718 Beaucrest Ave
High Point
High Point, NC
Updated September 19 at 1:42AM
1 Bedroom
$645
3300 N Elm St
Spicewood
Greensboro, NC
Updated September 19 at 1:44AM
2 Bedrooms
$625
3113 Utah Place
O Henry Oaks
Greensboro, NC
Updated September 16 at 10:10AM
2 Bedrooms
$595
Results within 5 miles of Greensboro, NC
3304 N Elm St
Spicewood
Greensboro, NC
Updated September 17 at 9:29AM
2 Bedrooms
$625
815 S Chapman Street Apt. B Apt. B
Brice Street Area
Greensboro, NC
Updated September 9 at 9:25AM
2 Bedrooms
$525
Results within 10 miles of Greensboro, NC
3203 Orange St
O Henry Oaks
Greensboro, NC
Updated August 11 at 1:39AM
1 Bedroom
$520
1400 ROSLYN DR# 20-C
Burlington
Burlington, NC
Updated September 19 at 9:14AM
2 Bedrooms
$575
517 Bridges Dr.
High Point
High Point, NC
Updated August 17 at 1:33AM
2 Bedrooms
$625
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Rent Report
Greensboro

September 2017 Greensboro Rent Report

Welcome to the September 2017 Greensboro Rent Report. Greensboro rents increased over the past month. In this report, we'll evaluate trends in the Greensboro rental market, including comparisons to similar cities nationwide.

Greensboro rents increased over the past month

Greensboro rents have increased 0.4% over the past month, and are up moderately by 3.1% in comparison to the same time last year. Currently, median rents in Greensboro stand at $710 for a one-bedroom apartment and $840 for a two-bedroom. This is the seventh straight month that the city has seen rent increases after a decline in January. Greensboro's year-over-year rent growth lags the state average of 4.3%, but exceeds the national average of 3.0%.

Greensboro rents more affordable than many large cities nationwide

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

  • Rents also increased in other cities across the state, with North Carolina as a whole logging rent growth of 4.3% over the past year.
  • Greensboro's median two-bedroom rent of $840 is below the national average of $1,160. Nationwide, rents have grown by 3.0% over the past year compared to the 3.1% rise in Greensboro.
  • While Greensboro's rents rose over the past year, many cities nationwide also saw increases, including Seattle (+5.4%), Phoenix (+4.9%), and Charlotte (+3.9%).
  • 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.