Best 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 November 9, 2025, the average rent in Greensboro is $1,140, which is 0.7% 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
$843/Month
TransitScore® Rating
0/100
Units Available
23 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 $843, while the city’s average stands at $1,140. West Grove Acres is near Greensboro Arboretum, Greensboro Children's Museum, and Tanger Family Bicentennial Garden.
Highland Park
Average Rent
$924/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
0/100
Units Available
16 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
$924/Month
TransitScore® Rating
0/100
Units Available
16 Rentals
Highland Park West is a top choice for budget-conscious renters for a variety of reasons. The average rent in Highland Park West is $924 while the city average is $1,140. Residents enjoy convenient access to Piedmont Triad International, Market Plaza Shopping Center, and Greensboro Children's Museum. The neighborhood is considered somewhat walkable with a WalkScore® of 50.
Hewitt Area
Average Rent
$927/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
0/100
Units Available
38 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
$938/Month
Units Available
11 Rentals
When you’re looking for a great Greensboro neighborhood on a budget, check out Dover Villas. The average rent is $938, compared to the city average of $1,140. Dover Villas is convenient to North Carolina A&T, Guilford Tech. C.C. Greensboro, and Country Park.
O Henry Oaks
Average Rent
$945/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
0/100
Units Available
16 Rentals
O Henry Oaks is an affordable neighborhood in Greensboro with an average rent price of $945. Compare this to the city average of $1,140. In the past year, rent prices have increased by 1.3%. O Henry Oaks provides easy access to Greensboro Children's Museum, UNC Greensboro, and Country Park. It’s a car-dependent neighborhood with a WalkScore® of 42.
Hunter Hills-Guilford
Average Rent
$1,014/Month
Year-Over-Year Rent Change
4.1%
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.
Northeast Greensboro
Average Rent
$1,014/Month
Year-Over-Year Rent Change
4.4%
TransitScore® Rating
0/100
Units Available
103 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.
Homewood
Average Rent
$1,022/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Greensboro, Homewood might be the perfect place! It has an average rent price of $1,022, while the city’s average stands at $1,140. Homewood is near North Carolina A&T, Hester Park, and Greensboro Children's Museum.
Hillsdale
Average Rent
$1,028/Month
TransitScore® Rating
0/100
Units Available
14 Rentals
Hillsdale is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hillsdale is $1,028 while the city average is $1,140. Residents enjoy convenient access to 2900 Plaza, Greensboro Arboretum, and Vanstory Crossing. The neighborhood is considered car-dependent with a WalkScore® of 49.
Ready to make your move to Greensboro? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.