Greensboro, NC Rental Market Trends
Highlights
The average rent for an apartment in Greensboro is $840, a 3% increase compared to the previous year, when the average rent was $814.
Studio apartments in Greensboro rent for $618 a month, while 1-bedroom apartments ask on average $719 a month; the average rent for a 2-bedroom apartment is $812.
Average Rent in Greensboro, NC
Last updated Apr 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $840 | $618 | $719 | $812 | $1,125 |
| Y-o-Y Change | 3% | 9% | 5% | 3% | 2% |
| Average Apartment Size | 940 sq. ft. | 446 sq. ft. | 705 sq. ft. | 969 sq. ft. | 1,250 sq. ft. |
The average size for a Greensboro apartment is 940 square feet, but this number varies greatly depending on apartment type. A studio averages 446 sq. ft., while a one-bedroom apartment offers a more generous square footage: 705. 2-bedroom apartments in Greensboro have an average size of 969 sq. ft.
Greensboro, NC Apartment Rent Ranges
- < $5002%
- $501-$70030%
- $701-$1,00051%
- $1,001-$1,50013%
- $1,501-$2,0003%
- > $2,0001%
Greensboro, NC Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Apr / 2018 | $840 | $618 | $719 | $812 | $1,125 |
| May / 2017 | $838 | $596 | $712 | $813 | $1,125 |
| Jan / 2017 | $809 | $573 | $681 | $786 | $1,098 |
| Sept / 2016 | $814 | $569 | $686 | $789 | $1,102 |
| May / 2016 | $805 | $551 | $675 | $779 | $1,099 |
| Jan / 2016 | $782 | $550 | $653 | $755 | $1,080 |
| Sept / 2015 | $791 | $560 | $659 | $771 | $1,084 |
| May / 2015 | $780 | $577 | $656 | $752 | $1,068 |
| Jan / 2015 | $772 | $565 | $650 | $745 | $1,053 |
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Average Rent in Greensboro, NC By Neighborhood
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| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| Rosewood | $743 | $503 | $595 | $669 | $930 |
| Rankin Area | $743 | $503 | $595 | $669 | $930 |
| Phillips Avenue | $743 | $503 | $595 | $669 | $930 |
| Park Grove | $743 | $503 | $595 | $669 | $930 |
| O'Henry Oaks | $743 | $503 | $595 | $669 | $930 |
| Mount Zion | $743 | $503 | $595 | $669 | $930 |
| Lakewood | $743 | $503 | $595 | $669 | $930 |
| Kings Forest | $743 | $503 | $595 | $669 | $930 |
| Glendale Hills | $743 | $503 | $595 | $669 | $930 |
| East Bessemer | $743 | $503 | $595 | $669 | $930 |
| Cone Mills | $743 | $503 | $595 | $669 | $930 |
| Bryson Ridge | $743 | $503 | $595 | $669 | $930 |
| New Irving Park | $794 | $503 | $678 | $774 | $1,013 |
| Latham Park | $797 | $572 | $696 | $696 | $1,118 |
| Sharing Terrace | $806 | $572 | $688 | $687 | $1,139 |
| Scott Park | $806 | $572 | $688 | $687 | $1,139 |
| Hope Valley | $806 | $572 | $688 | $687 | $1,139 |
| Charles Aycock | $806 | $572 | $688 | $687 | $1,139 |
| Wynnmere | $808 | $746 | $725 | $795 | $1,170 |
| Woodlea Lakes | $808 | $746 | $725 | $795 | $1,170 |
| Woodlea | $808 | $746 | $725 | $795 | $1,170 |
| Westbury | $808 | $746 | $725 | $795 | $1,170 |
| Warnersville | $808 | $746 | $725 | $795 | $1,170 |
| The Pines | $808 | $746 | $725 | $795 | $1,170 |
| Southside Greensboro | $808 | $746 | $725 | $795 | $1,170 |
| Southmont - Oak Grove | $808 | $746 | $725 | $795 | $1,170 |
| Shannon Woods | $808 | $746 | $725 | $795 | $1,170 |
| Shannon Hills | $808 | $746 | $725 | $795 | $1,170 |
| Greenhaven | $808 | $746 | $725 | $795 | $1,170 |
| Englewood Forest | $808 | $746 | $725 | $795 | $1,170 |
| Clinton Heights | $808 | $746 | $725 | $795 | $1,170 |
| Bethany Woods | $808 | $746 | $725 | $795 | $1,170 |
| Asheboro | $808 | $746 | $725 | $795 | $1,170 |
| Arlington Park | $808 | $746 | $725 | $795 | $1,170 |
| Idle Acres | $811 | $634 | $728 | $848 | $1,032 |
| Friendswood | $811 | $634 | $728 | $848 | $1,032 |
| Friendship | $811 | $634 | $728 | $848 | $1,032 |
| Lamrocton | $816 | $746 | $703 | $792 | $1,063 |
| Greentree | $816 | $746 | $703 | $792 | $1,063 |
| The Thicket | $817 | $634 | $705 | $812 | $1,010 |
| Green Valley | $822 | $592 | $744 | $849 | $1,033 |
| Piedmont Triad International Airport | $823 | $615 | $738 | $858 | $1,047 |
| Piedmont Centre | $823 | $615 | $738 | $858 | $1,047 |
| Madison Woods | $823 | $615 | $738 | $858 | $1,047 |
| Longview Hills - Quaker Acres | $823 | $615 | $738 | $858 | $1,047 |
| Hamilton Forest | $826 | $592 | $718 | $825 | $1,022 |
| Saddlecreek | $832 | $592 | $746 | $864 | $1,059 |
| Quaker Run | $832 | $592 | $746 | $864 | $1,059 |
| Maple Ridge | $832 | $592 | $746 | $864 | $1,059 |
| Laurel Park | $832 | $592 | $746 | $864 | $1,059 |
| Jefferson Gardens | $832 | $592 | $746 | $864 | $1,059 |
| Jefferson Club Lake | $832 | $592 | $746 | $864 | $1,059 |
| Friendly Lakes | $832 | $592 | $746 | $864 | $1,059 |
| Forest Valley | $832 | $592 | $746 | $864 | $1,059 |
| British Woods | $832 | $592 | $746 | $864 | $1,059 |
| Gorrell Street | $837 | $629 | $761 | $773 | $1,216 |
| Benjamin Benson | $837 | $629 | $761 | $773 | $1,216 |
| Lake Brandt Estates | $840 | $592 | $741 | $872 | $1,083 |
| Battle Forest | $840 | $592 | $741 | $872 | $1,083 |
| Westerwood | $853 | $585 | $839 | $727 | $1,209 |
| McConnell Road | $899 | $585 | $939 | $720 | $1,253 |
| Lincoln Heights | $899 | $585 | $939 | $720 | $1,253 |
| Eastside Park | $899 | $585 | $939 | $720 | $1,253 |
| East Market Street | $899 | $585 | $939 | $720 | $1,253 |
| Dudley Heights | $899 | $585 | $939 | $720 | $1,253 |
| Spring Valley | $937 | $754 | $725 | $826 | $1,349 |
| Downtown Greensboro | $1,088 | $593 | $895 | $805 | $1,382 |
| Sunset Hills | $1,433 | $839 | $722 | $981 | $1,608 |
| Starmount Forest | $1,433 | $839 | $722 | $981 | $1,608 |
| Lindley Park | $1,433 | $839 | $722 | $981 | $1,608 |
| Hillsdale Park | $1,433 | $839 | $722 | $981 | $1,608 |
| Glenwood | $1,433 | $839 | $722 | $981 | $1,608 |
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The most affordable neighborhoods in Greensboro are Bryson Ridge, where the average rent goes for $743/month, Cone Mills, where renters pay $743/mo on average, and East Bessemer, where the average rent goes for $743/mo. If you’re looking for other great deals, check out the listings from Glendale Hills ($743), Kings Forest ($743), and Lakewood ($743), where the asking prices are below the average Greensboro rent of $840/mo.
The most expensive neighborhoods in Greensboro are Lindley Park ($1,433), Starmount Forest ($1,433) and Sunset Hills ($1,433).
Greensboro | Rent Comparison by Neighborhood
Rent in Arlington Park is the same as in Asheboro
$808
Arlington Park rent is 4% lower than Greensboro average
| All rentals | $808 |
|---|---|
| Studio | $746 |
| 1 Bed | $725 |
| 2 Beds | $795 |
| 3 Beds | $1,170 |
$808
Asheboro rent is 4% lower than Greensboro average
| All rentals | $808 |
|---|---|
| Studio | $746 |
| 1 Bed | $725 |
| 2 Beds | $795 |
| 3 Beds | $1,170 |
How Does Greensboro Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Greensboro | $840 | 3% |
| High Point | $747 | 2% |
| Browns Summit | $784 | 6% |
| Whitsett | $863 | 6% |
| Jamestown | $940 | -4% |
| Gibsonville | $638 | -1% |
| Gibsonville Town | $638 | -1% |
| Downsfield Meadows | $566 | 2% |
| Forest Oaks | $808 | 3% |
For more information about the Greensboro rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Arbor Ridge
- The Fields Lincoln Green
- Summit Village Apartments
- Hunters Chase
- Random Woods
- The Pointe at Irving Park
- Stonesthrow Apartment Homes
- Hawthorne at Oak Ridge
- The Carillon
- The Fields Market Street
- Park at Oak Ridge
- Lake Brandt Apartments
- Kensington Place
- The New Madison at Adams Farm
- The Fields Lakeview
- Cardinal Apartments
- 1 Hunts View Train
- Park at Midtown
- Four Seasons Town Homes
- Woodland Park Apts
Mid-priced Listings on RENTCafé
- Stadler Place
- Yester Oaks Apartments
- Hawthorne at Horse Pen Creek
- Brassfield Park
- Bridford Lake
- Reserve at Bridford
- Millis and Main at Grandover
- Greenway at Fisher Park
- The Village Lofts
- Greenway at Stadium Park
- 3723 Sherbourne Ln
- 306 Murraylane Rd
- Revolution Mill Apartments
- 11 Hillrise Court
- 4622 Mallard Creek Dr
- 4218 Scotney Dr
- 2918 North Apartments
- 3700 Whitley Court
- 3994 Briargate Dr
- 3993 Appleton Rd
Most Expensive Listings on RENTCafé
- 2307 Sidney Porter Drive
- 5 Sedgelane Ct
- 3005 Quail Oaks Drive
- 3507 Panarama Drive
- 3804 Hunt Chase Drive
- 5602 Westlock Court
- 3337 Mill Spring Ct
- 18 Archer Glen Court
- 4905 Heritage Woods Court
- 31 Archer Glen Court
- 4003 Black Gum Place
- 3902 Hunt Chase Court
- 5914 Laurel Creek Court
- 1305 Groveland Trail
- 5 Ashway Court
- 4006 Ardsley Court
- 6514 Highland Oak Drive
- 1710 Kildare Woods Drive
- 1633 Candace Ridge Drive
- 4192 Cypress Grove Ln Greensboro NC 27455
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Greensboro apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.