Cheapest Neighborhoods in Greensboro, NC

Some of the cheapest neighborhoods in Greensboro are Hewitt Area, Highland Park, 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 September 22, 2026, the average rent in Greensboro is $1,168, which is 0.9% 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.

Hewitt Area

Average Rent

$895/Month

Year-Over-Year Rent Change

3.3%

Units Available

30 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

$914/Month

Year-Over-Year Rent Change

1.3%

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.

O Henry Oaks

Average Rent

$961/Month

Year-Over-Year Rent Change

0.6%

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 $961, compared to the city average of $1,168. Rent prices have increased by 0.6%. O Henry Oaks is convenient to Guilford Tech. C.C. Greensboro, Natural Science Center of Greensboro, and Barber Park.

Hunter Hills-Guilford

Average Rent

$980/Month

Year-Over-Year Rent Change

0.1%

Units Available

27 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

21 Rentals

Hillsdale is an affordable neighborhood in Greensboro with an average rent price of $995. Compare this to the city average of $1,168. Hillsdale provides easy access to Greensboro College, The Bog Garden, and 2900 Plaza.

Fairview Homes

Average Rent

$1,003/Month

Year-Over-Year Rent Change

0.3%

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.

Battlefield

Average Rent

$1,087/Month

Year-Over-Year Rent Change

6.4%

Units Available

20 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 $1,087, while the city’s average stands at $1,168. In the last year, prices have decreased by 6.4%. Battlefield is near Piedmont Triad International, Guilford Tech. C.C. AviationII, and Battleground Plaza.

Friendswood

Average Rent

$1,090/Month

Year-Over-Year Rent Change

2.9%

Units Available

17 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

$1,152/Month

Year-Over-Year Rent Change

5.2%

Units Available

10 Rentals

The Thicket is a top choice for budget-conscious renters for a variety of reasons. The average rent in The Thicket is $1,152 while the city average is $1,168. This is a -5.2% difference from last year. Residents enjoy convenient access to Guilford Tech. C.C. AviationII, Hester Park, and Tanger Family Bicentennial Garden.

Northwest Greensboro

Average Rent

$1,173/Month

Year-Over-Year Rent Change

2.4%

Units Available

279 Rentals

When you’re looking for a great Greensboro neighborhood on a budget, check out Northwest Greensboro. The average rent is $1,173, compared to the city average of $1,168. Rent prices have increased by 2.4%. Northwest Greensboro is convenient to Frank Sharpe Jr. Wildlife Education Center, Tanger Family Bicentennial Garden, and Natural Science Center of Greensboro.

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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.