Best Affordable Neighborhoods in Greensboro, NC
Some of the cheapest neighborhoods in Greensboro are West Grove Acres, Hewitt Area, and Dover Villas. These neighborhoods offer some of the lowest rent prices in Greensboro, making them ideal for renters on a budget. As of March 24, 2026, the average rent in Greensboro is $1,141, which is 0.1% 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
$841/Month
Units Available
19 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 $841, while the city’s average stands at $1,141. West Grove Acres is near The Shoppes at Wendover Village, Greensboro Arboretum, and Guilford College.
Hewitt Area
Average Rent
$898/Month
Year-Over-Year Rent Change
1.2%
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.
Dover Villas
Average Rent
$926/Month
Units Available
13 Rentals
Dover Villas is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dover Villas is $926 while the city average is $1,141. Residents enjoy convenient access to Country Park, Guilford Tech. C.C. Greensboro, and North Carolina A&T.
O Henry Oaks
Average Rent
$938/Month
Year-Over-Year Rent Change
1.4%
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 $938, compared to the city average of $1,141. Rent prices have increased by 1.4%. O Henry Oaks is convenient to Greensboro North Shopping Center, Barber Park, and Guilford Tech. C.C. Greensboro.
Highland Park
Average Rent
$962/Month
Year-Over-Year Rent Change
4.6%
Units Available
13 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
$962/Month
Units Available
13 Rentals
Highland Park West is an affordable neighborhood in Greensboro with an average rent price of $962. Compare this to the city average of $1,141. Highland Park West provides easy access to Market Plaza Shopping Center, Hester Park, and Piedmont Triad International.
Hunter Hills-Guilford
Average Rent
$999/Month
Year-Over-Year Rent Change
0.1%
Units Available
16 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
$1,002/Month
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 $1,002, while the city’s average stands at $1,141. Hillsdale is near Greensboro College, Guilford College, and Hester Park.
Homewood
Average Rent
$1,002/Month
Units Available
15 Rentals
Homewood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Homewood is $1,002 while the city average is $1,141. Residents enjoy convenient access to Greensboro Arboretum, Tanger Family Bicentennial Garden, and Piedmont Triad International.
Fairview Homes
Average Rent
$1,026/Month
Year-Over-Year Rent Change
1.1%
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.
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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.