Most Affordable Neighborhoods in Greensboro, NC
Some of the cheapest neighborhoods in Greensboro are West Grove Acres, Hewitt Area, and Highland Park. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of August 9, 2025, the average rent in Greensboro is $1,157, which is 2.1% higher 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.
West Grove Acres
Average Rent
$859/Month
TransitScore® Rating
0/100
Units Available
18 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out West Grove Acres. The average rent is $859, compared to the city average of $1,157. West Grove Acres is convenient to Guilford Tech. C.C. AviationII, Greensboro Children's Museum, and Tanger Family Bicentennial Garden. The community is car-dependent with a WalkScore® of 16.
Hewitt Area
Average Rent
$911/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
0/100
Units Available
29 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.
Highland Park
Average Rent
$921/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
0/100
Units Available
10 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.
Highland Park West
Average Rent
$921/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
Highland Park West is an affordable neighborhood in Greensboro with an average rent price of $921. Compare this to the city average of $1,157. Highland Park West provides easy access to Greensboro Children's Museum, UNC Greensboro, and Greensboro College. It’s a somewhat walkable neighborhood with a WalkScore® of 50.
O Henry Oaks
Average Rent
$961/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
0/100
Units Available
18 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 $961, while the city’s average stands at $1,157. In the last year, prices have increased by 1.3%. O Henry Oaks is near Shops On Summit, Country Park, and Piedmont Triad International.
Hunter Hills-Guilford
Average Rent
$974/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
0/100
Units Available
28 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
$979/Month
TransitScore® Rating
0/100
Units Available
24 Rentals
Hillsdale is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hillsdale is $979 while the city average is $1,157. Residents enjoy convenient access to Four Seasons Town Centre, Guilford College, and Piedmont Triad International. The neighborhood is considered car-dependent with a WalkScore® of 49.
Homewood
Average Rent
$979/Month
TransitScore® Rating
0/100
Units Available
24 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Homewood. The average rent is $979, compared to the city average of $1,157. Homewood is convenient to Greensboro College, Piedmont Triad International, and The Bog Garden. The community is car-dependent with a WalkScore® of 44.
Fairview Homes
Average Rent
$982/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
0/100
Units Available
29 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.
Dover Villas
Average Rent
$1,055/Month
Units Available
12 Rentals
Dover Villas is an affordable neighborhood in Greensboro with an average rent price of $1,055. Compare this to the city average of $1,157. Dover Villas provides easy access to Greensboro Children's Museum, Greensboro College, and Lake Jeanette Commons.
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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.