How much does it cost to rent in Greensboro, NC?

As of July 2026, the median monthly rent in Greensboro, NC is $1,415. This figure is based on aggregated data from public sources and community-submitted rents.

Is Greensboro cheaper than other North Carolina cities?

Greensboro is among the more affordable cities in North Carolina, ranking #103 out of 126 cities at $1,415/mo.

When was Greensboro rent data last updated?

Greensboro rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · NC

Greensboro

Name: Average Rent Prices in Greensboro, NC
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 301,198·103rd most expensive in North Carolina·One of the most affordable rental markets in the US

Median rent (all units)

$1,415/mo

Year-over-Year

+4.7%

Month-over-Month

-0.4%

vs US Median

-$550

Stable (Monthly)

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Most AffordableMost Expensive

Greensboro · $1,415

More affordable than 81% of US cities · National median $1,965/mo

Rent Reality Score

62/100

Good value

OverheatedFairGreat value

Rents are 6% below what Greensboro's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,415/mo

Expected by trend

$1,504/mo

The Rent Reality Score compares today's median rent to where Greensboro's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,033

1 BR

$1,072

2 BR

$1,193

3 BR

$1,519

4 BR+

$1,709

Research median

$1,193/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$16,980/yr

At $1,415/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.7% YoY, -0.4% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Greensboro, NC is roughly split between renters and owners, has a median income below the national average, 41% of residents hold a bachelor's degree or higher.

Population

301,198

Median income

$61,515

Median age

34.3

Renters

49.5%

Age distribution

21.7%

29.5%

23.9%

14.4%

Under 1821.7%

18–3429.5%

35–5423.9%

55–6410.5%

65+14.4%

Gender

46.3%

53.7%

Male46.3%

Female53.7%

Race & ethnicity

39.8%

41.5%

White39.8%

Black41.5%

Hispanic10.5%

Asian5.3%

Other2.9%

Education (25+)

20.6%

29%

41%

No HS diploma9.4%

HS diploma20.6%

Some college29%

Bachelor's+41%

Housing tenure

50.5%

49.5%

Owner50.5%

Renter49.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Greensboro, NC has changed in 5 years

Rent

$1,037 → $1,415

up 36.5%

Income

$51,667 → $61,515

up 19.1%

Population

295,483 → 301,198

up 1.9%

Renter share

49.9% → 49.5%

-0.4 pts

Bachelor's+

39.5% → 41%

+1.5 pts

The median rent in Greensboro, NC stood at $1,037 in 2021 and currently runs about $1,415, reflecting a 36.5% increase over the period. Median household income rose from $51,667 to $61,515 between 2021 and 2024, a 19.1% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.9% since 2021, moving from about 295,483 residents to roughly 301,198. Taken together, the five-year picture in Greensboro, NC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Greensboro

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View Greensboro rent history (2015–2026) →

Salary vs rent

Can you afford rent in Greensboro on your salary?

At $1,415/mo, how Greensboro rent compares to typical pay (30% rule).

Registered Nurse

Avg $88,811/yr · Rent = 19.1% income

very comfortable

Elementary School Teacher

Avg $63,055/yr · Rent = 26.9% income

affordable

Police Officer

Avg $72,634/yr · Rent = 23.4% income

affordable

Software Developer

Avg $129,823/yr · Rent = 13.1% income

very comfortable

Lawyer

Avg $165,882/yr · Rent = 10.2% income

very comfortable

Firefighter

Avg $59,041/yr · Rent = 28.8% income

affordable

Truck Driver

Avg $53,307/yr · Rent = 31.9% income

stretched

Electrician

Avg $65,706/yr · Rent = 25.8% income

affordable

By apartment size

Greensboro rent by bedroom count

Median rent for each apartment size in Greensboro. Click any size for full breakdown.

Local insights

Tips for renters in Greensboro

About renting in Greensboro, NC

Last updated: July 20, 2026

The median rent in Greensboro is $1,415/mo as of July 2026. A studio apartment averages $1,033/mo while a 2-bedroom runs $1,193/mo. One-bedroom apartments average $1,072/mo and 3-bedroom units go for $1,519/mo.

At 28% of local median household income ($61,515/yr), Greensboro ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.7% over the past year.

FAQ

Frequently asked questions

Is Greensboro an affordable city for renters?

Greensboro is considered affordable for renters. At $1,415/mo, rent takes approximately 28% of the local median household income ($61,515/yr). The standard benchmark is 30%. Greensboro falls comfortably within that range.

How much income do you need to rent in Greensboro?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (~$27/hour full-time) to afford the median rent of $1,415/mo in Greensboro. The local median household income is $61,515/yr, meaning the typical Greensboro household meets that threshold.

Is rent going up or down in Greensboro?

Rent in Greensboro has increased 4.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Greensboro neighborhoods have the lowest rent?

The most affordable ZIP codes in Greensboro are 27406 ($1,230/mo), 27403 ($1,341/mo), and 27401 ($1,385/mo). Citywide, the median rent in Greensboro is $1,415/mo.

How does Greensboro rent compare to other cities in North Carolina?

Greensboro is one of the more affordable cities in North Carolina for rent, ranking #103 out of 126 tracked cities at $1,415/mo.

Which nearby cities are cheaper to rent in than Greensboro?

Several nearby cities have lower median rents than Greensboro ($1,415/mo): Archdale ($1,391/mo), High Point ($1,401/mo).

What percentage of Greensboro residents rent vs. own?

According to Census data, approximately 49.5% of Greensboro households are renters, while 50.5% are owner-occupied. Greensboro leans toward homeownership, which can mean a smaller rental inventory.

How does Greensboro rent compare to the national average?

Greensboro's median rent of $1,415/mo is $550 (28%) below the US national median of $1,965/mo. Within North Carolina, it ranks #103 out of 126 tracked cities.

Income Affordability

28%

AFFORDABLE

At $1,415/mo, rent takes ~28% of Greensboro's median household income ($61,515/yr). The standard benchmark is 30%.

Greensboro 28%Benchmark 30%

State income tax4.5%

Run the Greensboro affordability calculator →

Nearby cities