Keystone at Horse Pen Creek
2735 Horse Pen Creek Rd,
Greensboro, NC 27410
1-3 Beds | $1,465 - $2,333
Rental Market Trends in Greensboro, NC
What is the average rent in Greensboro, NC?
$1,121/month
Average Rent
733 Sq Ft
Average Apartment Size
+1.2%
Increase in the Last Year
As of December 2024, the average rent in Greensboro, NC is $1,121 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 $886 per month for a studio, $1,121 for a one-bedroom apartment, and around $1,268 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,515 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 1.2%, which averages out to $14 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 December 2024
Legend
2023
2024
Rent Ranges in Greensboro, NC
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
16%
Below $700/month
22%
$700 - $1,000/month
49%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Greensboro?
Based on current rent prices, Highland Park, 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, Fisher Park, 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 $1,121, you’ll want to make about $3,736 per month or $44,832 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
$815/month
-
One Bedroom
$877/month
$717/month
Two Bedroom
$1,008/month
-
Three Bedroom
$1,224/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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255
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61,944
Units
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116
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23 Communities in Greensboro
Pickering & Company
-
11
Communities
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1,022
Units
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4
Cities
8 Communities in Greensboro
ARI Apartment Management
-
38
Communities
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12,539
Units
-
23
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6 Communities in Greensboro
Southwood Realty Company
-
102
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24,627
Units
-
58
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5 Communities in Greensboro
Glendale Development
-
29
Communities
-
3,360
Units
-
12
Cities
5 Communities in Greensboro
BSC Holdings, Inc.
-
12
Communities
-
2,488
Units
-
6
Cities
5 Communities in Greensboro
Eighteen Capital Group
-
20
Communities
-
4,569
Units
-
13
Cities
4 Communities in Greensboro
Bell Partners
-
253
Communities
-
80,747
Units
-
134
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3 Communities in Greensboro
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Methodology
† 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.
* Percentages may not total 100 due to rounding.