Most Affordable Neighborhoods in Greensboro, NC

Some of the cheapest neighborhoods in Greensboro are O Henry Oaks, Hewitt Area, and Fairview Homes. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of March 21, 2025, the average rent in Greensboro is $1,132, which is 1.9% 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.

O Henry Oaks

Average Rent

$926/Month

Year-Over-Year Rent Change

2.9%

TransitScore® Rating

0/100

Units Available

21 Rentals

O Henry Oaks is an affordable neighborhood in Greensboro with an average rent price of $926. Compare this to the city average of $1,132. In the past year, rent prices have increased by 2.9%. O Henry Oaks provides easy access to Guilford Tech. C.C. Greensboro, Palmer Plaza, and Country Park. It’s a car-dependent neighborhood with a WalkScore® of 42.

Hewitt Area

Average Rent

$943/Month

Year-Over-Year Rent Change

5%

TransitScore® Rating

0/100

Units Available

34 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.

Fairview Homes

Average Rent

$994/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

0/100

Units Available

16 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

$1,004/Month

Year-Over-Year Rent Change

1.1%

TransitScore® Rating

0/100

Units Available

14 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.

Highland Park

Average Rent

$1,015/Month

Year-Over-Year Rent Change

6.3%

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.

Madison Woods

Average Rent

$1,053/Month

Year-Over-Year Rent Change

9.5%

TransitScore® Rating

0/100

Units Available

20 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

$1,103/Month

Year-Over-Year Rent Change

9.5%

TransitScore® Rating

0/100

Units Available

106 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.

Friendswood

Average Rent

$1,175/Month

Year-Over-Year Rent Change

19.5%

TransitScore® Rating

0/100

Units Available

14 Rentals

Friendswood is a cozy neighborhood offering a mix of single-family homes and apartments, with convenient access to local amenities. Renters will enjoy the quiet, residential feel while being close to major highways. The area is ideal for those seeking a peaceful suburban lifestyle.

Battlefield

Average Rent

$1,222/Month

Year-Over-Year Rent Change

7.9%

TransitScore® Rating

0/100

Units Available

18 Rentals

If you’re looking for a great, affordable neighborhood in Greensboro, Battlefield might be the perfect place! It has an average rent price of $1,222, while the city’s average stands at $1,132. In the last year, prices have decreased by 7.9%. Battlefield is near Lawndale Village, Battleground Plaza, and Guilford Courthouse National Military Park.

East Market Street A

Average Rent

$1,240/Month

Year-Over-Year Rent Change

0.6%

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.

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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.