6 Most Affordable Greensboro, NC, Suburbs to Live In

Greensboro, NC, “the Gate City,” is quickly becoming home for many North Carolinian and out-of-staters alike. The city is most well-known for its textile mill history and has just about 298,300 residents.

As more people are living in Greensboro, it’s important to keep in mind that the median home sale price is $225,000 and the average sale price per square foot is $159. Or if you’re a renter, the average rent price for a 2-bedroom apartment in Greensboro is $1,216.

Don’t worry if those prices don’t fit in your budget – we’ve got options to help you find a home or apartment that does. We’ve collected the 6 best affordable suburbs of Greensboro, NC, to consider living in. And the best part is that they’re all less than 35 minutes away from the city center. That way you can live close to Greensboro and all its awesome activities without paying the premium price for a home or apartment.

#1: Reidsville

Median home price: $194,000 
Average sale price per square foot: $122 
Driving distance from Greensboro: 30 minutes
Reidsville, NC homes for sale
Reidsville, NC apartments for rent

With a median home sale price of $194,000, Reidsville takes the number one spot on our list of affordable suburbs of Greensboro, NC. Just about a 30-minute drive away from Greensboro, you won’t miss out on what the city has to offer. Living in Reidsville, you can spend the day at Lake Reidsville and check out the historic downtown area.

#2: Thomasville

Median home price: $215,000 
Average sale price per square foot: $150 
Average rent for a 2-bedroom apartment: $800 
Driving distance from Greensboro: 30 minutes
Thomasville, NC homes for sale
Thomasville, NC apartments for rent

Just a little more expensive than Reidsville is the suburb of Thomasville. The same distance from Greensboro as Reidsville, you can visit the year-round Saturday Greensboro Farmers Curb Market to pick up some local goods in just a quick drive. Living in Thomasville, you’ll want to visit The Big Chair monument.

#3: High Point

Median home price: $260,000 
Average sale price per square foot: $149 
Driving distance from Greensboro: 25 minutes
High Point, NC homes for sale
High Point, NC apartments for rent

Taking the third spot is High Point. Just 25 minutes away from Greensboro, you’ll find the average sale price per square foot is much less expensive. From parks and outdoor recreation to shopping, there’s lots of things that make High Point a great place to live. Make sure to stop by the World’s Largest Chest of Drawers, explore the Nido & Mariana Qubein Children’s Museum, and spend the afternoon at Oak Hollow Lake if you move to the third most affordable suburb. 

#4: Trinity

Median home price: $299,700 
Average sale price per square foot: $151 
Driving distance from Greensboro: 25 minutes
Trinity, NC homes for sale
Trinity, NC apartments for rent

Only slightly more expensive than High Point is none other than Trinity. About 7,006 people live in this Greensboro suburb, just 25 minutes southwest of the city.

#5: Walkertown

Median home price: $326,500 
Average sale price per square foot: $155 
Driving distance from Greensboro: 30 minutes
Walkertown, NC homes for sale
Walkertown, NC apartments for rent

Drive 30 minutes outside of Greensboro and you’ll find the suburb of Walkertown, another great area to add to your list. With 5,700 residents, moving to this affordable suburb can keep you close enough to Greensboro to explore in your free time. Living in Walkertown, you can visit one of the local parks.

#6: Elon

Median home price: $410,000 
Average sale price per square foot: $155 
Driving distance from Greensboro: 30 minutes
Elon, NC homes for sale
Elon, NC apartments for rent

Another one of the noteworthy suburbs of Greensboro, NC, is Elon, where the median home sale price is $410,000. With just about 11,300 people living in Elon, it’s a great suburb to consider buying a house or renting an apartment this year. Whether you explore the downtown area, check out the Elon University campus, or grab a coffee at a local café, there’s many cool things to do and see in this suburb. 

Methodology: Affordability is based on whether a suburb’s median home sale price or average sale price per square foot is less than Greensboro and under a 35-minute drive from downtown Greensboro.  Median home sale price data from the Redfin Data Center during March 2023. Average rental data from Rent.com March 2023. Population data sourced from the United States Census Bureau.

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