Greensboro, NC Rental Market
Greensboro is a manufacturing and logistics hub in the Piedmont Triad, anchored by a FedEx Ground regional hub, Honda Aircraft Company, and significant healthcare employment at Cone Health. UNC Greensboro and Guilford College contribute a steady student and faculty rental base. The combination of affordable home prices, solid gross yields, and an interstate-connected location make Greensboro an attractive market for value-oriented rental investors.
Get a rent estimate for an address in GreensboroAverage Rent in Greensboro, NC
$1,220
per month · 2026-06
Market Score
Key Facts — Greensboro, NC Rental Market
- Average rent in Greensboro, NC:$1,220/mo
- Median rent:$1,122/mo
- Rent range:$600 – $2,700/mo
- Most common rental (2 bedrooms):$1,075/mo
- Active listings:1,200
- Avg days to lease:30 days
- Year-over-year change:+3.2%
- Median home value:$210,000
- Est. gross annual yield:7.0%
- Data as of:2026-06
Rent by Bedroom in Greensboro, NC
Average monthly rent for each bedroom type based on current active listings in Greensboro.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $875/mo |
2 Bedrooms | $1,075/mo |
3 Bedrooms | $1,375/mo |
4 Bedrooms | $1,675/mo |
5 Bedrooms | $1,925/mo |
Greensboro Rental Market Statistics
Key indicators from the current Greensboro, NC rental market.
1,200
Available now in Greensboro
30
From list to lease
$0.94
Average across listings
1,300 sq ft
Typical rental size
$600 – $2,700
Min to max active listings
+3.2%
Avg rent vs. prior year
Investing in Greensboro, NC Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$210,000
Typical purchase price in Greensboro
Est. Gross Annual Yield
7.0%
Before expenses & vacancy
Avg Monthly Income
$1,220
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Greensboro for a full cash-flow breakdown including all costs.
Greensboro, NC Rental Market FAQ
Common questions about renting and investing in Greensboro, NC.
What is the average rent in Greensboro, NC?
The average rent in Greensboro, NC is $1,220 per month as of 2026. One-bedroom apartments average $875/mo, two-bedrooms $1,075/mo, and three-bedroom homes $1,375/mo — among the most affordable of any major NC city. Rents near UNCG campus and downtown run slightly above average.
Is Greensboro, NC a good place to invest in rental property?
Greensboro offers a 7.0% estimated gross yield — the second-highest in our NC metro coverage — with a median home value of just $210,000. FedEx, Honda Aircraft, Guilford Pharmaceuticals, and Cone Health provide diverse, stable employment. The market suits cash-flow investors seeking above-average yields with modest appreciation.
What drives rental demand in Greensboro, NC?
Greensboro's rental demand is anchored by its large manufacturing and logistics workforce (FedEx employs over 2,500 locally), a significant healthcare sector at Cone Health, and UNC Greensboro's enrollment of over 18,000 students. The city's position at the intersection of I-40 and I-85 also draws distribution and e-commerce workers.
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