Greensboro, NC Rental Market Trends
Last updated: September 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Greensboro is $1,340, a 0.91% increase compared to the previous year, when the average rent was $1,328.
Studio Apartments at $1,013 offer the most budget-friendly option with 531 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 739 square feet for $1,172, balancing privacy and affordability.
Two-bedroom units at $1,338 offer 1,024 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,287 sq ft) for $1,752, suitable for larger households.
Average rent in Greensboro, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,340 | 956 sq. ft. |
| Studio | $1,013 | 531 sq. ft. |
| 1 Bed | $1,172 | 739 sq. ft. |
| 2 Beds | $1,338 | 1,024 sq. ft. |
| 3 Beds | $1,752 | 1,287 sq. ft. |
Greensboro, NC rent trends
Rental prices in Greensboro, NC have increased by 0.91% over the past year. The average rent moved from $1,328 to $1,340.
What's the typical rent budget in Greensboro, NC?
The largest share of rentals in Greensboro, NC (56%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Greensboro, NC?
61,375 or 50% of the households in Greensboro, NC are renter-occupied while 62,609 or 50% are owner-occupied.
Most affordable neighborhoods in Greensboro?
Bryson Ridge $978/month
O'Henry Oaks $986/month
Hamilton Forest $1,035/month
All of these neighborhoods fall below the city wide average of $1,340/month.Most expensive neighborhoods in Greensboro?
Friendship $1,626/month
Downtown Greensboro $1,750/month
Sunset Hills $2,066/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Greensboro, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Sunset Hills | $2,066 |
| Downtown Greensboro | $1,750 |
| Friendship | $1,626 |
| Lindley Park | $1,605 |
| Westerwood | $1,583 |
| Laurel Park | $1,530 |
| New Irving Park | $1,522 |
| Saddlecreek | $1,521 |
| Oaks West - Beechcroft | $1,478 |
| Friendly Lakes | $1,461 |
| Sedgefield Lakes | $1,369 |
| The Orchard | $1,368 |
| Three Meadows | $1,356 |
| The Thicket | $1,344 |
| Friendswood | $1,296 |
| Madison Woods | $1,296 |
| Lake Brandt Estates | $1,261 |
| Longview Hills - Quaker Acres | $1,221 |
| Rolling Rodes | $1,214 |
| Latham Park | $1,163 |
| Greenhaven | $1,140 |
| Cone Mills | $1,136 |
| Battle Forest | $1,100 |
| Meadowood Homes | $1,083 |
| Wynnmere | $1,056 |
| Fairview Homes | $1,037 |
| Hamilton Forest | $1,035 |
| O'Henry Oaks | $986 |
| Bryson Ridge | $978 |
Greensboro | Rent Comparison by Neighborhood
Rent in Battle Forest is 12% higher than in Bryson Ridge
Battle Forest rent is 18% lower than Greensboro average
Bryson Ridge rent is 27% lower than Greensboro average
How Greensboro Compares to Other Cities
| City | Average Rent |
|---|---|
| Greensboro | $1,340 |
| Charlotte | $1,688 |
| Raleigh | $1,594 |
| Wilson | $1,352 |
| Winston - Salem | $1,282 |
| Durham | $1,562 |
| Fayetteville | $1,287 |
| Rocky Mount | $1,220 |
| Hickory | $1,487 |
| Jacksonville | $1,316 |
| Greenville | $1,398 |
| High Point, NC | $1,254 |
| Graham, NC | $1,314 |
| Whitsett, NC | $1,535 |
| Jamestown, NC | $1,503 |
| Asheboro, NC | $1,143 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Greensboro apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.