Most Affordable 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 May 5, 2025, the average rent in Greensboro is $1,133, which is 0.9% 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
$936/Month
Year-Over-Year Rent Change
5.8%
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
$942/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
0/100
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 $942, while the city’s average stands at $1,133. In the last year, prices have increased by 1.8%. O Henry Oaks is near Gateway Gardens, Greensboro Children's Museum, and Greensboro North Shopping Center.
Highland Park
Average Rent
$967/Month
Year-Over-Year Rent Change
5.6%
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.
Hamilton Hills
Average Rent
$1,040/Month
Year-Over-Year Rent Change
16.4%
TransitScore® Rating
0/100
Units Available
8 Rentals
Hamilton Hills is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hamilton Hills is $1,040 while the city average is $1,133. This is a -16.4% difference from last year. Residents enjoy convenient access to The Bog Garden, Greensboro College, and Country Park. The neighborhood is considered somewhat walkable with a WalkScore® of 56.
Delwoods Park/Fairfield
Average Rent
$1,078/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
0/100
Units Available
6 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Delwoods Park/Fairfield. The average rent is $1,078, compared to the city average of $1,133. Rent prices have increased by 1.3%. Delwoods Park/Fairfield is convenient to The Bog Garden, Country Park, and Guilford Courthouse National Military Park. The community is somewhat walkable with a WalkScore® of 65.
Madison Woods
Average Rent
$1,081/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
0/100
Units Available
13 Rentals
Madison Woods is a quiet suburban neighborhood offering tree-lined streets and spacious homes. Renters will appreciate the peaceful atmosphere and proximity to local schools and parks.
Northeast Greensboro
Average Rent
$1,087/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
0/100
Units Available
110 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.
Friendswood
Average Rent
$1,124/Month
Year-Over-Year Rent Change
9.1%
TransitScore® Rating
0/100
Units Available
15 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.
East Market Street A
Average Rent
$1,158/Month
TransitScore® Rating
0/100
Units Available
13 Rentals
East Market Street A is close to downtown Greensboro and local shopping and dining options. Renters will appreciate the area’s walkability, history, and access to public transportation. The neighborhood is perfect for those who enjoy a lively environment near the heart of the city.
Southside
Average Rent
$1,174/Month
Year-Over-Year Rent Change
11.4%
TransitScore® Rating
0/100
Units Available
14 Rentals
Southside is known for its historic homes and proximity to downtown Greensboro. Renters will enjoy the vibrant atmosphere with easy access to parks, shops, and dining options. The area offers a charming blend of old and new, making it perfect for those seeking a lively, walkable community.
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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.