States › North Carolina › Greensboro

Is Greensboro, NC expensive to live in?

OKRent takes 27 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,49615% lower than U.S. average
💵 Families earn per year (2026)$66,344about $5,529/month · 24% lower than U.S. average
🔑 House price$244,80026% lower than U.S. average

Greensboro is the 3rd-largest city in North Carolina that we track, with 301,198 residents. Rent is lower than in 58% of U.S. cities. A typical house costs about 3.7 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $59,840 a year. That is $29 an hour at a full-time job.

Is rent cheaper than other North Carolina cities?

No. Rent here is more expensive than in most of North Carolina. It is number 83 of 164 cities from cheapest to most expensive.

Greensboro
$1,496
$1,797
$1,822
$2,050

Compare Greensboro with other big cities

vs New Yorkvs Los Angelesvs Chicagovs Houstonvs Charlottevs Raleighvs Durhamvs Winston-Salemvs Spokanevs New Orleansvs Tallahasseevs Corpus Christi

Compare Greensboro to 149 other cities →

How much do households earn in Greensboro?

Under $25k
16.1%
$25k–50k
26.1%
$50k–100k
31.3%
$100k–150k
12.5%
$150k+
7.6%

Share of households by yearly income. 20.1% of households earn $100,000 or more.

Rent by apartment size in Greensboro

SizeGreensboroU.S. average
Studio$1,156$1,338
1 bedroom$1,113$1,324
2 bedrooms$1,210$1,509
3 bedrooms$1,438$1,698
4 bedrooms$1,700$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Greensboro overall?

Everyday prices in the Greensboro-High Point metro area are 7% below the U.S. average (index 92.9, U.S. = 100).

Housing
75
Goods (food, clothes…)
97
Utilities
89
Other services
98
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Greensboro

🏛️ Property tax$2,286a year · 0.93% of home value · U.S. $3,119
⚡ Electric bill$129a month (typical) · U.S. $156

Life in Greensboro

Commute to work21.7 minU.S.: 26.4 min
College degree41%U.S.: 35.7%
Own their home50.5%U.S.: 65.2%
Below poverty line17%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

What jobs pay in Greensboro

JobMedian payRent / pay
Pharmacist$138,18013.0%
Nurse Practitioner$132,23013.6%
Lawyer$126,96014.1%
Software Developer$125,19014.3%
Physician Assistant$120,54014.9%
Computer Systems Analyst$104,05017.3%
Operations Manager$100,93017.8%
Civil Engineer$93,46019.2%
Dental Hygienist$84,25021.3%
Registered Nurse$82,86021.7%
Accountant$80,17022.4%
Market Research Analyst$74,06024.2%
Licensed Practical Nurse$63,61028.2%
Police Officer$60,83029.5%
Elementary School Teacher$59,73030.1%
HVAC Technician$58,52030.7%
Truck Driver$58,48030.7%
Electrician$58,38030.8%
Plumber$57,51031.2%
Carpenter$49,91036.0%
Firefighter$46,60038.5%
Medical Assistant$46,09038.9%
Customer Service Representative$41,24043.5%
Nursing Assistant$38,26046.9%
Warehouse Worker$37,19048.3%
Restaurant Cook$34,55052.0%
Retail Salesperson$30,75058.4%
Server (Waiter/Waitress)$30,06059.7%
Cashier$28,63062.7%

Is it cheaper to rent or buy in Greensboro?

Renting is cheaper right now: about $203 a month less.

Renting
$1,496
Owning
$1,699

Owning assumes a typical $244,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,480 for the down payment.

Frequently asked questions

What is the average rent in Greensboro, NC?

Renting in Greensboro costs a median of about $1,496 a month in 2026, including utilities. The North Carolina median is $1,496.

How much do I need to make to live in Greensboro?

To keep rent under 30% of income, you need about $59,840 a year, or $29 an hour at a full-time job.

Is Greensboro cheap or expensive?

Greensboro is rated OK: rent takes 27.1% of the typical household income of $66,344. It ranks 83rd cheapest of 164 North Carolina cities we track.

How much are property taxes in Greensboro?

The median homeowner in Greensboro pays $2,286 a year in property taxes, about 0.93% of the median home value.

Is Greensboro more expensive than the national average?

Overall prices in the metro area are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Greensboro?

The median home value in Greensboro is $244,800, about 3.7 times the typical yearly household income.

301,198 people live in Greensboro. Numbers are typical (middle) values.