Cheapest 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 June 23, 2026, the average rent in Greensboro is $1,155, which is 0.2% 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
$887/Month
Year-Over-Year Rent Change
0.5%
Units Available
28 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
$920/Month
Year-Over-Year Rent Change
0.3%
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Greensboro, O Henry Oaks might be the perfect place! It has an average rent price of $920, while the city’s average stands at $1,155. In the last year, prices have increased by 0.3%. O Henry Oaks is near Greensboro North Shopping Center, Greensboro Children's Museum, and UNC Greensboro.
Highland Park
Average Rent
$929/Month
Year-Over-Year Rent Change
4.3%
Units Available
11 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
$938/Month
Year-Over-Year Rent Change
3.1%
Units Available
11 Rentals
Eastside Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Eastside Park is $938 while the city average is $1,155. This is a 3.1% difference from last year. Residents enjoy convenient access to East Market Square, Greensboro College, and Barber Park.
Hunter Hills-Guilford
Average Rent
$998/Month
Year-Over-Year Rent Change
1.4%
Units Available
19 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
$1,007/Month
Units Available
16 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Hillsdale. The average rent is $1,007, compared to the city average of $1,155. Hillsdale is convenient to North Carolina A&T, Greensboro Arboretum, and Piedmont Triad International.
Fairview Homes
Average Rent
$1,031/Month
Year-Over-Year Rent Change
0.5%
Units Available
23 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.
Friendswood
Average Rent
$1,096/Month
Year-Over-Year Rent Change
0.8%
Units Available
14 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.
The Thicket
Average Rent
$1,104/Month
Year-Over-Year Rent Change
8%
Units Available
26 Rentals
The Thicket is an affordable neighborhood in Greensboro with an average rent price of $1,104. Compare this to the city average of $1,155. In the past year, rent prices have decreased by 8%. The Thicket provides easy access to Hester Park, Tanger Family Bicentennial Garden, and Country Park.
Battlefield
Average Rent
$1,122/Month
Year-Over-Year Rent Change
1.2%
Units Available
28 Rentals
If you’re looking for a great, affordable neighborhood in Greensboro, Battlefield might be the perfect place! It has an average rent price of $1,122, while the city’s average stands at $1,155. In the last year, prices have decreased by 1.2%. Battlefield is near Greensboro College, Battleground Plaza, and Battle Crossing.
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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.