Most Affordable Neighborhoods in Greensboro, NC

Some of the cheapest neighborhoods in Greensboro are Hewitt Area, Highland Park, and Fairview Homes. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of December 26, 2024, the average rent in Greensboro is $1,123, which is 1.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Hewitt Area

Average Rent

$919/Month

Year-Over-Year Rent Change

4.2%

TransitScore® Rating

0/100

Units Available

31 Rentals

Located just five miles from Downtown Greensboro, Hewitt Area provides the perfect location for those who want to be near downtown, but with a quieter setting. The neighborhood is convenient to several colleges and universities, including the University of North Carolina at Greensboro.

Highland Park

Average Rent

$929/Month

Year-Over-Year Rent Change

6.4%

TransitScore® Rating

0/100

Units Available

12 Rentals

Highland Park offers a mix of single-family homes and green spaces. Renters will appreciate the close proximity to schools, parks, and shopping centers. The area provides a suburban feel with easy access to major highways and downtown Greensboro.

Fairview Homes

Average Rent

$955/Month

Year-Over-Year Rent Change

1.4%

TransitScore® Rating

0/100

Units Available

14 Rentals

Six miles from downtown, Fairview Homes is a well-established suburban neighborhood. It's the location of the three-story Four Seasons Town Centre, the city's first indoor mall. Apartments, houses, and townhomes sit along shady, tree-lined streets in this walkable community near shops, restaurants, and parks.

Hunter Hills-Guilford

Average Rent

$960/Month

Year-Over-Year Rent Change

6.4%

TransitScore® Rating

0/100

Units Available

10 Rentals

Hunter Hills-Guilford is a peaceful suburban neighborhood featuring tree-lined streets and easy access to local schools and parks. Renters will appreciate the cozy atmosphere and proximity to shopping centers. The area is ideal for those seeking a quiet, residential environment close to the city.

East Market Street A

Average Rent

$996/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

0/100

Units Available

15 Rentals

East Market Street A is close to downtown Greensboro and local shopping and dining options. Renters will appreciate the area’s walkability, history, and access to public transportation. The neighborhood is perfect for those who enjoy a lively environment near the heart of the city.

Southside

Average Rent

$996/Month

Year-Over-Year Rent Change

8.1%

TransitScore® Rating

0/100

Units Available

15 Rentals

Southside is known for its historic homes and proximity to downtown Greensboro. Renters will enjoy the vibrant atmosphere with easy access to parks, shops, and dining options. The area offers a charming blend of old and new, making it perfect for those seeking a lively, walkable community.

Hamilton Hills

Average Rent

$1,050/Month

Year-Over-Year Rent Change

12.4%

TransitScore® Rating

0/100

Units Available

7 Rentals

Hamilton Hills is an affordable neighborhood in Greensboro with an average rent price of $1,050. Compare this to the city average of $1,123. In the past year, rent prices have decreased by 12.4%. Hamilton Hills provides easy access to Country Park, Shoppes On Market, and Piedmont Triad International. It’s a somewhat walkable neighborhood with a WalkScore® of 56.

Madison Woods

Average Rent

$1,083/Month

Year-Over-Year Rent Change

4.9%

TransitScore® Rating

0/100

Units Available

11 Rentals

Madison Woods is a quiet suburban neighborhood offering tree-lined streets and spacious homes. Renters will appreciate the peaceful atmosphere and proximity to local schools and parks.

Northeast Greensboro

Average Rent

$1,100/Month

Year-Over-Year Rent Change

5%

TransitScore® Rating

0/100

Units Available

108 Rentals

Northeast Greensboro is a growing area offering a mix of residential homes and commercial spaces. Renters will enjoy the proximity to parks, schools, and shopping centers, as well as easy access to major highways. The neighborhood provides a suburban feel with a variety of housing options.

Delwoods Park/Fairfield

Average Rent

$1,125/Month

Year-Over-Year Rent Change

2%

TransitScore® Rating

0/100

Units Available

13 Rentals

If you’re looking for a great, affordable neighborhood in Greensboro, Delwoods Park/Fairfield might be the perfect place! It has an average rent price of $1,125, while the city’s average stands at $1,123. In the last year, prices have increased by 2%. Delwoods Park/Fairfield is near Tanger Family Bicentennial Garden, Guilford Courthouse National Military Park, and UNC Greensboro.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.