Greensboro, NC Rental Market Trends
Highlights
The average rent for an apartment in Greensboro is $839, a 4% increase compared to the previous year, when the average rent was $809.
Studio apartments in Greensboro rent for $592 a month, while 1-bedroom apartments ask on average $711 a month; the average rent for a 2-bedroom apartment is $817.
Average Rent in Greensboro, NC
Last updated Jul 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $839 | $592 | $711 | $817 | $1,141 |
| Y-o-Y Change | 4% | 3% | 4% | 4% | 4% |
| Average Apartment Size | 939 sq. ft. | 449 sq. ft. | 707 sq. ft. | 969 sq. ft. | 1,250 sq. ft. |
The average size for a Greensboro apartment is 939 square feet, but this number varies greatly depending on apartment type. A studio averages 449 sq. ft., while a one-bedroom apartment offers a more generous square footage: 707. 2-bedroom apartments in Greensboro have an average size of 969 sq. ft.
Greensboro, NC Apartment Rent Ranges
- < $50041%
- $501-$70038%
- $701-$1,00020%
Greensboro, NC Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Jul / 2018 | $839 | $592 | $711 | $817 | $1,141 |
| Sept / 2017 | $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 | $717 | $575 | $617 | $671 | $961 |
| Rankin Area | $717 | $575 | $617 | $671 | $961 |
| Phillips Avenue | $717 | $575 | $617 | $671 | $961 |
| Park Grove | $717 | $575 | $617 | $671 | $961 |
| O'Henry Oaks | $717 | $575 | $617 | $671 | $961 |
| Mount Zion | $717 | $575 | $617 | $671 | $961 |
| Lakewood | $717 | $575 | $617 | $671 | $961 |
| Kings Forest | $717 | $575 | $617 | $671 | $961 |
| Glendale Hills | $717 | $575 | $617 | $671 | $961 |
| East Bessemer | $717 | $575 | $617 | $671 | $961 |
| Cone Mills | $717 | $575 | $617 | $671 | $961 |
| Bryson Ridge | $717 | $575 | $617 | $671 | $961 |
| New Irving Park | $784 | $575 | $686 | $777 | $1,016 |
| Latham Park | $785 | $512 | $713 | $699 | $1,143 |
| Sharing Terrace | $793 | $512 | $698 | $694 | $1,174 |
| Scott Park | $793 | $512 | $698 | $694 | $1,174 |
| Hope Valley | $793 | $512 | $698 | $694 | $1,174 |
| Charles Aycock | $793 | $512 | $698 | $694 | $1,174 |
| Wynnmere | $797 | $758 | $700 | $790 | $1,169 |
| Woodlea Lakes | $797 | $758 | $700 | $790 | $1,169 |
| Woodlea | $797 | $758 | $700 | $790 | $1,169 |
| Westbury | $797 | $758 | $700 | $790 | $1,169 |
| Warnersville | $797 | $758 | $700 | $790 | $1,169 |
| The Pines | $797 | $758 | $700 | $790 | $1,169 |
| Southside Greensboro | $797 | $758 | $700 | $790 | $1,169 |
| Southmont - Oak Grove | $797 | $758 | $700 | $790 | $1,169 |
| Shannon Woods | $797 | $758 | $700 | $790 | $1,169 |
| Shannon Hills | $797 | $758 | $700 | $790 | $1,169 |
| Greenhaven | $797 | $758 | $700 | $790 | $1,169 |
| Englewood Forest | $797 | $758 | $700 | $790 | $1,169 |
| Clinton Heights | $797 | $758 | $700 | $790 | $1,169 |
| Bethany Woods | $797 | $758 | $700 | $790 | $1,169 |
| Asheboro | $797 | $758 | $700 | $790 | $1,169 |
| Arlington Park | $797 | $758 | $700 | $790 | $1,169 |
| Lamrocton | $812 | $758 | $683 | $793 | $1,065 |
| Greentree | $812 | $758 | $683 | $793 | $1,065 |
| Idle Acres | $813 | $627 | $723 | $857 | $1,034 |
| Friendswood | $813 | $627 | $723 | $857 | $1,034 |
| Friendship | $813 | $627 | $723 | $857 | $1,034 |
| The Thicket | $817 | $627 | $694 | $817 | $1,013 |
| Green Valley | $824 | $629 | $746 | $854 | $1,026 |
| Piedmont Triad International Airport | $826 | $628 | $735 | $866 | $1,052 |
| Piedmont Centre | $826 | $628 | $735 | $866 | $1,052 |
| Madison Woods | $826 | $628 | $735 | $866 | $1,052 |
| Longview Hills - Quaker Acres | $826 | $628 | $735 | $866 | $1,052 |
| Hamilton Forest | $827 | $629 | $709 | $831 | $1,027 |
| Gorrell Street | $830 | $570 | $736 | $774 | $1,235 |
| Benjamin Benson | $830 | $570 | $736 | $774 | $1,235 |
| Saddlecreek | $835 | $629 | $743 | $872 | $1,065 |
| Quaker Run | $835 | $629 | $743 | $872 | $1,065 |
| Maple Ridge | $835 | $629 | $743 | $872 | $1,065 |
| Laurel Park | $835 | $629 | $743 | $872 | $1,065 |
| Jefferson Gardens | $835 | $629 | $743 | $872 | $1,065 |
| Jefferson Club Lake | $835 | $629 | $743 | $872 | $1,065 |
| Friendly Lakes | $835 | $629 | $743 | $872 | $1,065 |
| Forest Valley | $835 | $629 | $743 | $872 | $1,065 |
| British Woods | $835 | $629 | $743 | $872 | $1,065 |
| Lake Brandt Estates | $842 | $629 | $734 | $882 | $1,086 |
| Battle Forest | $842 | $629 | $734 | $882 | $1,086 |
| Westerwood | $853 | $500 | $846 | $730 | $1,232 |
| McConnell Road | $900 | $500 | $914 | $734 | $1,290 |
| Lincoln Heights | $900 | $500 | $914 | $734 | $1,290 |
| Eastside Park | $900 | $500 | $914 | $734 | $1,290 |
| East Market Street | $900 | $500 | $914 | $734 | $1,290 |
| Dudley Heights | $900 | $500 | $914 | $734 | $1,290 |
| Spring Valley | $939 | $766 | $702 | $826 | $1,370 |
| Downtown Greensboro | $1,105 | $511 | $878 | $822 | $1,421 |
| Sunset Hills | $1,461 | $854 | $734 | $1,001 | $1,623 |
| Starmount Forest | $1,461 | $854 | $734 | $1,001 | $1,623 |
| Lindley Park | $1,461 | $854 | $734 | $1,001 | $1,623 |
| Hillsdale Park | $1,461 | $854 | $734 | $1,001 | $1,623 |
| Glenwood | $1,461 | $854 | $734 | $1,001 | $1,623 |
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The most affordable neighborhoods in Greensboro are Bryson Ridge, where the average rent goes for $717/month, Cone Mills, where renters pay $717/mo on average, and East Bessemer, where the average rent goes for $717/mo. If you’re looking for other great deals, check out the listings from Glendale Hills ($717), Kings Forest ($717), and Lakewood ($717), where the asking prices are below the average Greensboro rent of $839/mo.
The most expensive neighborhoods in Greensboro are Lindley Park ($1,461), Starmount Forest ($1,461) and Sunset Hills ($1,461).
Greensboro | Rent Comparison by Neighborhood
Rent in Arlington Park is the same as in Asheboro
$797
Arlington Park rent is 5% lower than Greensboro average
| All rentals | $797 |
|---|---|
| Studio | $758 |
| 1 Bed | $700 |
| 2 Beds | $790 |
| 3 Beds | $1,169 |
$797
Asheboro rent is 5% lower than Greensboro average
| All rentals | $797 |
|---|---|
| Studio | $758 |
| 1 Bed | $700 |
| 2 Beds | $790 |
| 3 Beds | $1,169 |
How Does Greensboro Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Greensboro | $839 | 4% |
| High Point | $751 | 3% |
| Browns Summit | $826 | 12% |
| Jamestown | $955 | -2% |
| Whitsett | $890 | 7% |
| Downsfield Meadows | $566 | 16% |
| Forest Oaks | $797 | 2% |
| Gibsonville | $695 | 8% |
| Gibsonville Town | $695 | 8% |
For more information about the Greensboro rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Brannon Park
- The Hamptons at Country Park
- The Forest Apartments
- Random Woods
- The Fields Lincoln Green
- Summit Village Apartments
- Meadow Park Apartments
- Stonesthrow Apartment Homes
- Treybrooke Village Apartments
- The Pointe at Irving Park
- The Fields Market Street
- Lake Brandt Apartments
- The Carillon
- Arbor Ridge
- Kensington Place
- Hunters Chase
- The New Madison at Adams Farm
- Hawthorne at Oak Ridge
- 1 Hunts View Train
- Battleground North Apartments
Mid-priced Listings on RENTCafé
- Brassfield Park
- Stadler Place
- Park Forest
- Woodland Park Apts
- Innisbrook Village Apartments
- Yester Oaks Apartments
- The Fields Lakeview
- Park at Oak Ridge
- Hayleigh Village Apartments
- Reserve at Bridford
- Bridford Lake
- Steeplechase at Adams Farm
- CityView Apartments
- Encore North Luxury Apartments
- Millis and Main at Grandover
- Greenway at Fisher Park
- Hawthorne at Horse Pen Creek
- The Village Lofts
- 4201 Waterlyn Court
- Crystal Lake Townhomes
Most Expensive Listings on RENTCafé
- Greenway at Stadium Park
- 4601 Heritage Woods Drive
- 2312 Meadow Gate Drive
- 2312 Talon Drive
- 3708 Sweet Birch Drive
- 4805 Adams Ridge Drive
- Revolution Mill Apartments
- 24 Top Ridge Court
- 6222 Elderbush Drive
- 3910 Pepperbush Drive
- 6141 Trotting Place
- 5914 Laurel Creek Court
- 5904 Laurel Creek Ct
- 1349 Sharp Ridge Road
- 3813 Parkway Vista Drive
- 1616 Candace Ridge Drive
- 4504 Southport Road
- 4923 Crofton Springs Court
- 5501 Old Fox Trail
- 2510 Regents Park Lane
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.