Best Affordable Neighborhoods in Greensboro, NC
Some of the cheapest neighborhoods in Greensboro are West Grove Acres, Hewitt Area, and O Henry Oaks. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of February 7, 2026, the average rent in Greensboro is $1,140, which is 0.4% 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
$850/Month
TransitScore® Rating
0/100
Units Available
22 Rentals
West Grove Acres is an affordable neighborhood in Greensboro with an average rent price of $850. Compare this to the city average of $1,140. West Grove Acres provides easy access to Piedmont Triad International, The Bog Garden, and Jordan Plaza. It’s a car-dependent neighborhood with a WalkScore® of 16.
Hewitt Area
Average Rent
$938/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
0/100
Units Available
33 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
$961/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
0/100
Units Available
12 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 $1,140. In the last year, prices have increased by 1.5%. O Henry Oaks is near Greensboro College, Guilford Tech. C.C. Greensboro, and Natural Science Center of Greensboro.
Highland Park
Average Rent
$970/Month
Year-Over-Year Rent Change
4.7%
TransitScore® Rating
0/100
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.
Highland Park West
Average Rent
$970/Month
TransitScore® Rating
0/100
Units Available
11 Rentals
Highland Park West is a top choice for budget-conscious renters for a variety of reasons. The average rent in Highland Park West is $970 while the city average is $1,140. Residents enjoy convenient access to Greensboro College, Market Plaza Shopping Center, and Hester Park. The neighborhood is considered somewhat walkable with a WalkScore® of 50.
Hunter Hills-Guilford
Average Rent
$1,001/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
0/100
Units Available
20 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.
Homewood
Average Rent
$1,004/Month
TransitScore® Rating
0/100
Units Available
19 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Homewood. The average rent is $1,004, compared to the city average of $1,140. Homewood is convenient to Greensboro College, Guilford College, and Tanger Family Bicentennial Garden. The community is car-dependent with a WalkScore® of 44.
Hillsdale
Average Rent
$1,007/Month
TransitScore® Rating
0/100
Units Available
18 Rentals
Hillsdale is an affordable neighborhood in Greensboro with an average rent price of $1,007. Compare this to the city average of $1,140. Hillsdale provides easy access to UNC Greensboro, Piedmont Triad International, and Greensboro Children's Museum. It’s a somewhat walkable neighborhood with a WalkScore® of 50.
Fairview Homes
Average Rent
$1,027/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
0/100
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.
Northeast Greensboro
Average Rent
$1,029/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
0/100
Units Available
77 Rentals
Northeast Greensboro is a growing area offering a mix of residential homes and commercial spaces. Renters will enjoy the proximity to parks, schools, and shopping centers, as well as easy access to major highways. The neighborhood provides a suburban feel with a variety of housing options.
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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.