Starting at $950 Per Month
- Studio - 2 Beds
3822 Mizell Rd, Greensboro, NC 27405
Apply Today and Receive the First Full-Month FREE!
The Enclave at 38 Twenty Two
Frequently Asked Questions
How much does it cost to rent a home in Greensboro, NC?
The median rent for a home in Greensboro, NC is $1,600 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Greensboro, NC?
To comfortably afford the median rent in Greensboro, NC, a household needs to earn roughly $64,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,600 per month in Greensboro, NC, renters typically need to show $4,800 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Greensboro, NC?
In Greensboro, NC, the price-to-rent ratio is 15.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
