Most Affordable Neighborhoods in Greensboro, NC
Some of the cheapest neighborhoods in Greensboro are Hewitt Area, O Henry Oaks, and Highland Park. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of April 22, 2025, the average rent in Greensboro is $1,132, which is 0.9% lower 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
$914/Month
Year-Over-Year Rent Change
4.5%
TransitScore® Rating
0/100
Units Available
32 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.
O Henry Oaks
Average Rent
$944/Month
Year-Over-Year Rent Change
1.7%
TransitScore® Rating
0/100
Units Available
13 Rentals
O Henry Oaks is an affordable neighborhood in Greensboro with an average rent price of $944. Compare this to the city average of $1,132. In the past year, rent prices have increased by 1.7%. O Henry Oaks provides easy access to Gateway Gardens, North Carolina A&T, and Barber Park. It’s a car-dependent neighborhood with a WalkScore® of 42.
Highland Park
Average Rent
$956/Month
Year-Over-Year Rent Change
4%
TransitScore® Rating
0/100
Units Available
10 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
$1,034/Month
Year-Over-Year Rent Change
13.2%
TransitScore® Rating
0/100
Units Available
17 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.
Hamilton Hills
Average Rent
$1,040/Month
Year-Over-Year Rent Change
16.4%
TransitScore® Rating
0/100
Units Available
8 Rentals
If you’re looking for a great, affordable neighborhood in Greensboro, Hamilton Hills might be the perfect place! It has an average rent price of $1,040, while the city’s average stands at $1,132. In the last year, prices have decreased by 16.4%. Hamilton Hills is near Piedmont Triad International, Guilford Courthouse National Military Park, and West Market Shopping Center.
Northeast Greensboro
Average Rent
$1,090/Month
Year-Over-Year Rent Change
3.9%
TransitScore® Rating
0/100
Units Available
100 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.
Brice Street Area
Average Rent
$1,174/Month
Year-Over-Year Rent Change
3%
TransitScore® Rating
0/100
Units Available
7 Rentals
Brice Street Area is a top choice for budget-conscious renters for a variety of reasons. The average rent in Brice Street Area is $1,174 while the city average is $1,132. This is a 3% difference from last year. Residents enjoy convenient access to Greensboro College, North Carolina A&T, and Campus Square. The neighborhood is considered walkable with a WalkScore® of 80.
Battlefield
Average Rent
$1,189/Month
Year-Over-Year Rent Change
13%
TransitScore® Rating
0/100
Units Available
16 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Battlefield. The average rent is $1,189, compared to the city average of $1,132. Rent prices have decreased by 13%. Battlefield is convenient to Guilford College, Lawndale Village, and Guilford Tech. C.C. AviationII. The community is car-dependent with a WalkScore® of 17.
East Market Street A
Average Rent
$1,201/Month
TransitScore® Rating
0/100
Units Available
14 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
$1,201/Month
Year-Over-Year Rent Change
8%
TransitScore® Rating
0/100
Units Available
14 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.
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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.