Greensboro, NC Rental Market Trends
What is the average rent in Greensboro?
The average rent for an apartment in Greensboro is $1,147. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Greensboro, NC
| Average Rent | Average Apartment Size |
|---|---|
| $1,147 | 936 sq. ft. |
What is the average apartment size in Greensboro?
The average size for a Greensboro, NC apartment is 936 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
Greensboro, NC Occupied Housing Units
51,208 or 43% of the households in Greensboro, NC are renter-occupied while 66,918 or 56% are owner-occupied.
Greensboro, NC Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Feb / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Greensboro, NC | $870 | $877 | $906 | $914 | $914 | $944 | $984 | $991 | $1,041 | $1,116 | $1,147 |
| National | $1,362 | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
Average Rent in Greensboro, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Glenwood | $1,633 |
| Hillsdale Park | $1,633 |
| Lindley Park | $1,633 |
| Starmount Forest | $1,633 |
| Sunset Hills | $1,633 |
| Downtown Greensboro | $1,308 |
| British Woods | $1,269 |
| Forest Valley | $1,269 |
| Friendly Lakes | $1,269 |
| Jefferson Club Lake | $1,269 |
| Jefferson Gardens | $1,269 |
| Laurel Park | $1,269 |
| Maple Ridge | $1,269 |
| Quaker Run | $1,269 |
| Saddlecreek | $1,269 |
| Battle Forest | $1,257 |
| Lake Brandt Estates | $1,257 |
| Green Valley | $1,243 |
| Lake Shore | $1,232 |
| North Hills | $1,232 |
| Northern Shores | $1,232 |
| Old Towne Greensboro | $1,232 |
| The Orchard | $1,232 |
| The Reserve | $1,232 |
| Three Meadows | $1,232 |
| Whitehall | $1,232 |
| Longview Hills - Quaker Acres | $1,195 |
| Madison Woods | $1,195 |
| Piedmont Centre | $1,195 |
| Piedmont Triad International Airport | $1,195 |
| Spring Valley | $1,181 |
| Hamilton Forest | $1,179 |
| Dudley Heights | $1,110 |
| East Market Street | $1,110 |
| Eastside Park | $1,110 |
| Lincoln Heights | $1,110 |
| McConnell Road | $1,110 |
| Adams Farm | $1,097 |
| Fairview Homes | $1,097 |
| Hewitt Area - Pomona | $1,097 |
| Highland Park West | $1,097 |
| Hilltop | $1,097 |
| Hunter Hills | $1,097 |
| Meadowood Homes | $1,097 |
| Oaks West - Beechcroft | $1,097 |
| Pennydale | $1,097 |
| Random Woods | $1,097 |
| Rolling Rodes | $1,097 |
| Sedgefield Lakes | $1,097 |
| Terra Cotta | $1,097 |
| The Thicket | $1,092 |
| New Irving Park | $1,092 |
| Westerwood | $1,085 |
| Friendship | $1,084 |
| Friendswood | $1,084 |
| Idle Acres | $1,084 |
| Greentree | $1,083 |
| Lamrocton | $1,083 |
| Benjamin Benson | $1,073 |
| Gorrell Street | $1,073 |
| Arlington Park | $1,057 |
| Asheboro | $1,057 |
| Bethany Woods | $1,057 |
| Clinton Heights | $1,057 |
| Englewood Forest | $1,057 |
| Greenhaven | $1,057 |
| Shannon Hills | $1,057 |
| Shannon Woods | $1,057 |
| Southmont - Oak Grove | $1,057 |
| Southside Greensboro | $1,057 |
| The Pines | $1,057 |
| Warnersville | $1,057 |
| Westbury | $1,057 |
| Woodlea | $1,057 |
| Woodlea Lakes | $1,057 |
| Wynnmere | $1,057 |
| Garden Homes | $1,030 |
| Guilford Hills | $1,030 |
| Kirkwood | $1,030 |
| Lake Daniel | $1,030 |
| Lawndale Homes | $1,030 |
| Old Irving Park | $1,030 |
| Latham Park | $1,016 |
| Charles Aycock | $1,013 |
| Hope Valley | $1,013 |
| Scott Park | $1,013 |
| Sharing Terrace | $1,013 |
| Bryson Ridge | $946 |
| Cone Mills | $946 |
| East Bessemer | $946 |
| Glendale Hills | $946 |
| Kings Forest | $946 |
| Lakewood | $946 |
| Mount Zion | $946 |
| O'Henry Oaks | $946 |
| Park Grove | $946 |
| Phillips Avenue | $946 |
| Rankin Area | $946 |
| Rosewood | $946 |
What are the most affordable neighborhoods in Greensboro?
The most affordable neighborhoods in Greensboro are Bryson Ridge, where the average rent goes for $946/month, Cone Mills, where renters pay $946/mo on average, and East Bessemer, where the average rent goes for $946/mo. If you’re looking for other great deals, check out the listings from Glendale Hills ($946), Kings Forest ($946), and Lakewood ($946), where the asking prices are below the average Greensboro rent of $1,147/mo.
What are the most expensive neighborhoods in Greensboro?
The most expensive neighborhoods in Greensboro are Lindley Park ($1,633), Starmount Forest ($1,633) and Sunset Hills ($1,633).
What are the most popular neighborhoods in Greensboro?
The most popular neighborhood in Greensboro is Jefferson Club Lake, where there are 5 verified RentCafe listings with an average rent of $1,269. Next up is Lake Brandt Estates, where apartments go for $1,257/month, followed by Longview Hills - Quaker Acres with $1,195 If you’re looking to rent in Greensboro’s most popular neighborhoods, make sure to also check out New Irving Park, where renters pay $1,092 on average, and Adams Farm, where the average monthly rent is $1,097.
Greensboro | Rent Comparison by Neighborhood
Rent in Adams Farm is 4% higher than in Arlington Park
Adams Farm rent is 4% lower than Greensboro average
| Average Rent | $1,097 |
|---|
Arlington Park rent is 8% lower than Greensboro average
| Average Rent | $1,057 |
|---|
How Greensboro Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,559 |
| Raleigh | $1,522 |
| Winston - Salem | $1,119 |
| Greensboro | $1,147 |
| Durham | $1,468 |
| Concord | $1,457 |
| Wilmington | $1,492 |
| Gastonia | $1,210 |
| Mooresville | $1,465 |
| Cary | $1,558 |
| High Point | $1,108 |
| Morrisville | $1,628 |
| Burlington | $1,261 |
| Chapel Hill | $1,744 |
| Apex | $1,616 |
| Kernersville | $1,181 |
| Mebane | $1,313 |
| Lexington | $1,030 |
| Thomasville | $791 |
| Clemmons | $1,089 |
| Whitsett | $1,129 |
Most Popular Apartments in Greensboro
Battleground North Apartments
4048 Battleground Ave, Greensboro, NC 27410- 1 BED
- 2 BEDS
Hayleigh Village Apartments
4020 Eight Belles Lane, Greensboro, NC 27410- 1 BED
- 2 BEDS
- 3 BEDS
Treybrooke Village Apartments
117 Teakwood Dr, Greensboro, NC 27406- 1 BED
- 2 BEDS
- 3 BEDS
Innisbrook Village Apartments
3668 Mcconnell Road, Greensboro, NC 27405- 1 BED
- 2 BEDS
- 3 BEDS
Greenway At Stadium Park
451 North Eugene Street, Greensboro, NC 27401- 1 BED
- 2 BEDS
- Ask for pricing
- $1,759+