Greensboro, NC Rental Market Trends
What is the average rent in Greensboro?
The average rent for an apartment in Greensboro is $1,262. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Greensboro, NC
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,262 | 936 sq. ft. |
What is the average apartment size in Greensboro?
The average size for a Greensboro, NC apartment is 936 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Greensboro, NC apartment rent ranges
Greensboro, NC Occupied Housing Units
60,575 or 50% of the households in Greensboro, NC are renter-occupied while 59,562 or 50% are owner-occupied.
Greensboro, NC rent trends
Average Rent in Greensboro, NC By Neighborhood
| City | Average Rent |
|---|---|
| Glenwood | $1,833 |
| Sunset Hills | $1,833 |
| Battle Forest | $1,348 |
| Lake Brandt Estates | $1,348 |
| Jefferson Club Lake | $1,342 |
| Laurel Park | $1,342 |
| Saddlecreek | $1,342 |
| Longview Hills - Quaker Acres | $1,309 |
| Madison Woods | $1,309 |
| Friendship | $1,259 |
| Friendswood | $1,259 |
| The Thicket | $1,228 |
| Hewitt Area - Pomona | $1,209 |
| Highland Park West | $1,209 |
| Hunter Hills | $1,209 |
| Meadowood Homes | $1,209 |
| Oaks West - Beechcroft | $1,209 |
| Pennydale | $1,209 |
| Terra Cotta | $1,209 |
| New Irving Park | $1,203 |
| Greentree | $1,191 |
| Westerwood | $1,182 |
| Englewood Forest | $1,158 |
| The Pines | $1,158 |
| Warnersville | $1,158 |
| Woodlea | $1,158 |
| Woodlea Lakes | $1,158 |
| Scott Park | $1,123 |
| Sharing Terrace | $1,123 |
| Latham Park | $1,118 |
| Kirkwood | $1,090 |
| Cone Mills | $1,059 |
| Lakewood | $1,059 |
| O'Henry Oaks | $1,059 |
| Park Grove | $1,059 |
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What are the most affordable neighborhoods in Greensboro?
The most affordable neighborhoods in Greensboro are Cone Mills, where the average rent goes for $1,059/month, Lakewood, where renters pay $1,059/mo on average, and O'Henry Oaks, where the average rent goes for $1,059/mo. If you’re looking for other great deals, check out the listings from Park Grove ($1,059), Kirkwood ($1,090), and Latham Park ($1,118), where the asking prices are below the average Greensboro rent of $1,262/mo.
What are the most expensive neighborhoods in Greensboro?
The most expensive neighborhoods in Greensboro are Lake Brandt Estates ($1,348), Glenwood ($1,833) and Sunset Hills ($1,833).
What are the most popular neighborhoods in Greensboro?
The most popular neighborhood in Greensboro is Battle Forest, where there are 1 listings with an average rent of $1,348. Next up is Laurel Park, where apartments go for $1,342/month, followed by Westerwood with $1,182 If you’re looking to rent in Greensboro’s most popular neighborhoods, make sure to also check out Cone Mills, where renters pay $1,059 on average, and Englewood Forest, where the average monthly rent is $1,158.
Greensboro | Rent Comparison by Neighborhood
Rent in Battle Forest is 27% higher than in Cone Mills
$1,348
Battle Forest rent is 7% higher than Greensboro average
Average Rent
$1,348
$1,059
Cone Mills rent is 16% lower than Greensboro average
Average Rent
$1,059
How Greensboro Compares to Other Cities
| State | Average Rent |
|---|---|
| Raleigh | $1,609 |
| Holly Springs | $1,646 |
| Durham | $1,555 |
| Charlotte | $1,653 |
| Cary | $1,635 |
| Apex | $1,678 |
| Concord | $1,530 |
| Winston - Salem | $1,226 |
| Asheville | $1,717 |
| Garner | $1,499 |
| Greensboro | $1,262 |
| High Point | $1,189 |
| Archdale | $1,057 |
What is the average price for a storage unit in Greensboro?
The average rent for a non-climate-controlled 10'x10' storage unit in Greensboro is $106.43. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Greensboro
Plantation At Horse Pen Creek
3311 Horse Pen Creek Road, Greensboro, NC 27410| 1 BED | $820+ |
| 2 BEDS | $935+ |
| 3 BEDS | $1,158+ |
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2205 New Garden Rd, Greensboro, NC 27410| 1 BED | $1,000 |
| 2 BEDS | $2,000 |