Best Affordable Neighborhoods in Greensboro, NC
Some of the cheapest neighborhoods in Greensboro are Hewitt Area, O Henry Oaks, and Highland Park. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of May 9, 2026, the average rent in Greensboro is $1,151, which is 0.5% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Hewitt Area
Average Rent
$918/Month
Year-Over-Year Rent Change
0.7%
Units Available
27 Rentals
Located just five miles from Downtown Greensboro, Hewitt Area provides the perfect location for those who want to be near downtown, but with a quieter setting. The neighborhood is convenient to several colleges and universities, including the University of North Carolina at Greensboro.
O Henry Oaks
Average Rent
$937/Month
Year-Over-Year Rent Change
0.1%
Units Available
16 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out O Henry Oaks. The average rent is $937, compared to the city average of $1,151. Rent prices have decreased by 0.1%. O Henry Oaks is convenient to Piedmont Triad International, Barber Park, and North Carolina A&T.
Highland Park
Average Rent
$949/Month
Year-Over-Year Rent Change
4.3%
Units Available
13 Rentals
Highland Park offers a mix of single-family homes and green spaces. Renters will appreciate the close proximity to schools, parks, and shopping centers. The area provides a suburban feel with easy access to major highways and downtown Greensboro.
Eastside Park
Average Rent
$974/Month
Year-Over-Year Rent Change
3%
Units Available
13 Rentals
Eastside Park is an affordable neighborhood in Greensboro with an average rent price of $974. Compare this to the city average of $1,151. In the past year, rent prices have increased by 3%. Eastside Park provides easy access to Bailey Village at Downtown East, Greensboro Arboretum, and Dudley-lee Professional Center.
Hunter Hills-Guilford
Average Rent
$989/Month
Year-Over-Year Rent Change
1.3%
Units Available
22 Rentals
Hunter Hills-Guilford is a peaceful suburban neighborhood featuring tree-lined streets and easy access to local schools and parks. Renters will appreciate the cozy atmosphere and proximity to shopping centers. The area is ideal for those seeking a quiet, residential environment close to the city.
Hillsdale
Average Rent
$995/Month
Units Available
19 Rentals
If you’re looking for a great, affordable neighborhood in Greensboro, Hillsdale might be the perfect place! It has an average rent price of $995, while the city’s average stands at $1,151. Hillsdale is near Piedmont Triad International, Greensboro College, and Four Seasons Town Centre.
Fairview Homes
Average Rent
$1,020/Month
Year-Over-Year Rent Change
0.3%
Units Available
26 Rentals
Six miles from downtown, Fairview Homes is a well-established suburban neighborhood. It's the location of the three-story Four Seasons Town Centre, the city's first indoor mall. Apartments, houses, and townhomes sit along shady, tree-lined streets in this walkable community near shops, restaurants, and parks.
The Thicket
Average Rent
$1,092/Month
Year-Over-Year Rent Change
8.3%
Units Available
30 Rentals
The Thicket is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Thicket is $1,092 while the city average is $1,151. This is a -8.3% difference from last year. Residents enjoy convenient access to Guilford Tech. C.C. AviationII, The Bog Garden, and Country Park.
Battlefield
Average Rent
$1,099/Month
Year-Over-Year Rent Change
2.8%
Units Available
25 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Battlefield. The average rent is $1,099, compared to the city average of $1,151. Rent prices have decreased by 2.8%. Battlefield is convenient to Guilford Courthouse National Military Park, Lawndale Village, and Greensboro College.
Friendswood
Average Rent
$1,126/Month
Year-Over-Year Rent Change
0.1%
Units Available
20 Rentals
Friendswood is a cozy neighborhood offering a mix of single-family homes and apartments, with convenient access to local amenities. Renters will enjoy the quiet, residential feel while being close to major highways. The area is ideal for those seeking a peaceful suburban lifestyle.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.