Greensboro, NC Rental Market Trends
Highlights
The average rent for an apartment in Greensboro is $914, a 4% increase compared to the previous year.
Average Rent in Greensboro, NC
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $914 | 4% | 937 sq. ft. |
The average size for a Greensboro, NC apartment is 937 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Greensboro, NC Apartment Rent Ranges
- $501-$70021%
- $701-$1,00056%
- $1,001-$1,50019%
- $1,501-$2,0003%
- > $2,0001%
Greensboro, NC Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
49,220 or 42% of the households in Greensboro, NC are renter-occupied while 66,281 or 57% are owner-occupied.
Greensboro, NC Rent Trends
| Average Rent | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Greensboro, NC | $810 | $806 | $835 | $837 | $837 | $861 | $870 | $877 | $906 | $914 | $914 |
| National | $1,340 | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Greensboro, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Rosewood | $761 |
| Rankin Area | $761 |
| Phillips Avenue | $761 |
| Park Grove | $761 |
| O'Henry Oaks | $761 |
| Mount Zion | $761 |
| Lakewood | $761 |
| Kings Forest | $761 |
| Glendale Hills | $761 |
| East Bessemer | $761 |
| Cone Mills | $761 |
| Bryson Ridge | $761 |
| Old Irving Park | $818 |
| Lawndale Homes | $818 |
| Lake Daniel | $818 |
| Kirkwood | $818 |
| Guilford Hills | $818 |
| Garden Homes | $818 |
| Latham Park | $840 |
| Sharing Terrace | $844 |
| Scott Park | $844 |
| Hope Valley | $844 |
| Charles Aycock | $844 |
| Wynnmere | $854 |
| Woodlea Lakes | $854 |
| Woodlea | $854 |
| Westbury | $854 |
| Warnersville | $854 |
| The Pines | $854 |
| Southside Greensboro | $854 |
| Southmont - Oak Grove | $854 |
| Shannon Woods | $854 |
| Shannon Hills | $854 |
| Greenhaven | $854 |
| Englewood Forest | $854 |
| Clinton Heights | $854 |
| Bethany Woods | $854 |
| Asheboro | $854 |
| Arlington Park | $854 |
| New Irving Park | $863 |
| Idle Acres | $880 |
| Friendswood | $880 |
| Friendship | $880 |
| Lamrocton | $880 |
| Greentree | $880 |
| Gorrell Street | $887 |
| Benjamin Benson | $887 |
| The Thicket | $889 |
| Terra Cotta | $895 |
| Sedgefield Lakes | $895 |
| Rolling Rodes | $895 |
| Random Woods | $895 |
| Pennydale | $895 |
| Oaks West - Beechcroft | $895 |
| Meadowood Homes | $895 |
| Hunter Hills | $895 |
| Hilltop | $895 |
| Highland Park West | $895 |
| Hewitt Area - Pomona | $895 |
| Fairview Homes | $895 |
| Adams Farm | $895 |
| Piedmont Triad International Airport | $909 |
| Piedmont Centre | $909 |
| Madison Woods | $909 |
| Longview Hills - Quaker Acres | $909 |
| Hamilton Forest | $911 |
| Westerwood | $915 |
| Green Valley | $916 |
| Saddlecreek | $928 |
| Quaker Run | $928 |
| Maple Ridge | $928 |
| Laurel Park | $928 |
| Jefferson Gardens | $928 |
| Jefferson Club Lake | $928 |
| Friendly Lakes | $928 |
| Forest Valley | $928 |
| British Woods | $928 |
| Lake Brandt Estates | $941 |
| Battle Forest | $941 |
| McConnell Road | $956 |
| Lincoln Heights | $956 |
| Eastside Park | $956 |
| East Market Street | $956 |
| Dudley Heights | $956 |
| Whitehall | $970 |
| Three Meadows | $970 |
| The Reserve | $970 |
| The Orchard | $970 |
| Old Towne Greensboro | $970 |
| Northern Shores | $970 |
| North Hills | $970 |
| Lake Shore | $970 |
| Spring Valley | $1,002 |
| Downtown Greensboro | $1,170 |
| Sunset Hills | $1,542 |
| Starmount Forest | $1,542 |
| Lindley Park | $1,542 |
| Hillsdale Park | $1,542 |
| Glenwood | $1,542 |
The most affordable neighborhoods in Greensboro are Bryson Ridge, where the average rent goes for $761/month, Cone Mills, where renters pay $761/mo on average, and East Bessemer, where the average rent goes for $761/mo. If you’re looking for other great deals, check out the listings from Glendale Hills ($761), Kings Forest ($761), and Lakewood ($761), where the asking prices are below the average Greensboro rent of $914/mo.
The most expensive neighborhoods in Greensboro are Lindley Park ($1,542), Starmount Forest ($1,542) and Sunset Hills ($1,542).
The most popular neighborhood in Greensboro is Lake Brandt Estates, where there are 4 verified RENTCafé listings with an average rent of $941. Next up is Three Meadows, where apartments go for $970/month, followed by Jefferson Club Lake with $928 If you’re looking to rent in Greensboro’s most popular neighborhoods, make sure to also check out Lakewood, where renters pay $761 on average, and Laurel Park, where the average monthly rent is $928.
Greensboro | Rent Comparison by Neighborhood
Rent in Adams Farm is 5% higher than in Arlington Park
Adams Farm rent is 2% lower than Greensboro average
| Average Rent | $895 |
|---|
Arlington Park rent is 7% lower than Greensboro average
| Average Rent | $854 |
|---|
How Greensboro Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Charlotte | $1,259 | 6% |
| Raleigh | $1,238 | 6% |
| Durham | $1,181 | 3% |
| Winston - Salem | $895 | 7% |
| Greensboro | $914 | 4% |
| Wilmington | $1,180 | 3% |
| High Point | $842 | 3% |
| Browns Summit | $816 | 7% |
| Kernersville | $931 | 6% |
| Whitsett | $1,007 | 6% |
| Archdale | $688 | 5% |
For more information about the Greensboro rental trends, check out our monthly rent report
Check out North Carolina Cities, North Carolina Neighborhoods and North Carolina Zip Codes for more details on verified listings, including the North Carolina Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!