Summit Village Apartments
199 Wind Rd,
Greensboro, NC 27405
1-2 Beds | $785 - $1,589
Rental Market Trends in Greensboro, NC
What is the average rent in Greensboro, NC?
$1,129/month
Average Rent
733 Sq Ft
Average Apartment Size
+1.6%
Increase in the Last Year
As of March 2025, the average rent in Greensboro, NC is $1,129 per month. This is 28% lower than the national average rent of $1,560/month, making renting in Greensboro more affordable than most cities in the US. When you rent an apartment in Greensboro, you can expect to pay about $875 per month for a studio, $1,129 for a one-bedroom apartment, and around $1,265 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,523 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Greensboro, NC?
In the past year, rent has increased by 1.6%, which averages out to $18 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Greensboro, NC
Last Updated March 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
15%
Below $700/month
21%
$700 - $1,000/month
52%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Greensboro?
Based on current rent prices, O Henry Oaks, Hewitt Area and Fairview Homes are the most affordable neighborhoods in Greensboro.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Greensboro?
Based on current rent prices, Green Valley, Lindley Park and The Thicket are the most expensive neighborhoods in Greensboro.
Neighborhood
Average Rent
Average Sq Ft
Which Greensboro neighborhoods have the most rentals available?
The neighborhoods in Greensboro with the most apartments available are Outer Northwest I-40 Corridor, Northwest Greensboro and Downtown Greensboro .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Greensboro, NC?
Because the average rent in Greensboro is $1,129, you’ll want to make about $3,763 per month or $45,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Greensboro, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Greensboro, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,739/month
One Bedroom
$663/month
$1,976/month
Two Bedroom
$1,043/month
$2,490/month
Three Bedroom
$1,209/month
$3,621/month
Nearby City Rent Trends
Apartment communities in Greensboro we think you'll love
Property Management Companies in Greensboro, NC
Hawthorne Residential Partners
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262
Communities
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63,061
Units
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120
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23 Communities in Greensboro
ARI Apartment Management
-
37
Communities
-
12,186
Units
-
23
Cities
6 Communities in Greensboro
Southwood Realty Company
-
102
Communities
-
24,627
Units
-
58
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5 Communities in Greensboro
Glendale Development
-
30
Communities
-
3,458
Units
-
12
Cities
5 Communities in Greensboro
BSC Holdings, Inc.
-
12
Communities
-
2,597
Units
-
6
Cities
5 Communities in Greensboro
Eighteen Capital Group
-
20
Communities
-
4,569
Units
-
13
Cities
4 Communities in Greensboro
Bell Partners
-
245
Communities
-
77,878
Units
-
129
Cities
3 Communities in Greensboro
Drucker & Falk
-
157
Communities
-
37,845
Units
-
59
Cities
3 Communities in Greensboro
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.