Most Affordable Neighborhoods in Greensboro, NC
Some of the cheapest neighborhoods in Greensboro are West Grove Acres, Highland Park, and Highland Park West. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of September 25, 2025, the average rent in Greensboro is $1,141, which is 0.8% 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
$871/Month
TransitScore® Rating
0/100
Units Available
13 Rentals
West Grove Acres is an affordable neighborhood in Greensboro with an average rent price of $871. Compare this to the city average of $1,141. West Grove Acres provides easy access to Piedmont Triad International, Jordan Plaza, and West Market Shopping Center. It’s a car-dependent neighborhood with a WalkScore® of 16.
Highland Park
Average Rent
$933/Month
Year-Over-Year Rent Change
5.3%
TransitScore® Rating
0/100
Units Available
12 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
$933/Month
TransitScore® Rating
0/100
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Greensboro, Highland Park West might be the perfect place! It has an average rent price of $933, while the city’s average stands at $1,141. Highland Park West is near UNC Greensboro, Sunset Strip, and The Bog Garden.
Hewitt Area
Average Rent
$939/Month
Year-Over-Year Rent Change
6%
TransitScore® Rating
0/100
Units Available
26 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
$952/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
0/100
Units Available
15 Rentals
O Henry Oaks is a top choice for budget-conscious renters for a variety of reasons. The average rent in O Henry Oaks is $952 while the city average is $1,141. This is a 1.5% difference from last year. Residents enjoy convenient access to Piedmont Triad International, Natural Science Center of Greensboro, and Greensboro College. The neighborhood is considered car-dependent with a WalkScore® of 42.
Masonic Place
Average Rent
$965/Month
TransitScore® Rating
0/100
Units Available
10 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Masonic Place. The average rent is $965, compared to the city average of $1,141. Masonic Place is convenient to The Bog Garden, UNC Greensboro, and Greensboro Arboretum. The community is car-dependent with a WalkScore® of 49.
Hunter Hills-Guilford
Average Rent
$998/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
0/100
Units Available
23 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.
Northeast Greensboro
Average Rent
$1,000/Month
Year-Over-Year Rent Change
5.6%
TransitScore® Rating
0/100
Units Available
120 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.
Fairview Homes
Average Rent
$1,001/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
0/100
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.
Hillsdale
Average Rent
$1,001/Month
TransitScore® Rating
0/100
Units Available
18 Rentals
Hillsdale is an affordable neighborhood in Greensboro with an average rent price of $1,001. Compare this to the city average of $1,141. Hillsdale provides easy access to The Bog Garden, 2900 Plaza, and Guilford College. It’s a car-dependent neighborhood with a WalkScore® of 49.
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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.