Best Affordable Neighborhoods in Greensboro, NC
Some of the cheapest neighborhoods in Greensboro are West Grove Acres, O Henry Oaks, and Southside. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of December 24, 2025, the average rent in Greensboro is $1,130, which is 0.2% 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.
West Grove Acres
Average Rent
$809/Month
TransitScore® Rating
0/100
Units Available
16 Rentals
If you’re looking for a great, affordable neighborhood in Greensboro, West Grove Acres might be the perfect place! It has an average rent price of $809, while the city’s average stands at $1,130. West Grove Acres is near UNC Greensboro, Guilford College, and Hester Park.
O Henry Oaks
Average Rent
$933/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
0/100
Units Available
16 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 $933 while the city average is $1,130. This is a 1.2% difference from last year. Residents enjoy convenient access to Greensboro College, Greensboro North Shopping Center, and Shops On Summit. The neighborhood is considered car-dependent with a WalkScore® of 42.
Southside
Average Rent
$934/Month
Year-Over-Year Rent Change
7%
TransitScore® Rating
0/100
Units Available
19 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.
East Market Street A
Average Rent
$953/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
0/100
Units Available
18 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.
Hewitt Area
Average Rent
$974/Month
Year-Over-Year Rent Change
4%
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
$981/Month
Year-Over-Year Rent Change
3.9%
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
$981/Month
TransitScore® Rating
0/100
Units Available
11 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Highland Park West. The average rent is $981, compared to the city average of $1,130. Highland Park West is convenient to Guilford Tech. C.C. AviationII, Piedmont Triad International, and Market Plaza Shopping Center. The community is somewhat walkable with a WalkScore® of 50.
Hunter Hills-Guilford
Average Rent
$990/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
0/100
Units Available
17 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
$992/Month
TransitScore® Rating
0/100
Units Available
16 Rentals
Homewood is an affordable neighborhood in Greensboro with an average rent price of $992. Compare this to the city average of $1,130. Homewood provides easy access to Greensboro Children's Museum, Tanger Family Bicentennial Garden, and Greensboro Arboretum. It’s a car-dependent neighborhood with a WalkScore® of 44.
Hillsdale
Average Rent
$995/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Greensboro, Hillsdale might be the perfect place! It has an average rent price of $995, while the city’s average stands at $1,130. Hillsdale is near North Carolina A&T, Vanstory Crossing, and Four Seasons Town Centre.
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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.