Your monthly guide to rental conditions in Greensboro-High Point. This is our June 2026 report, covering May 2026 rental data: what rents looked like last month, what's driving the market, and what it means if you own a rental home.
Greensboro-High Point Rental Market Snapshot — May 2026
Here's where Greensboro-High Point rents stand as of May 2026, across all property types — apartments, condos, townhomes, and single-family homes.
Greensboro-High Point median rent sits at $1,486 in May 2026, essentially flat month-over-month (+0.14%) and down just 0.42% from a year ago, with homes leasing in 28 days. Slight softening from new apartment supply is keeping rents in check, but the market hasn't tipped into a buyer's favor — landlords who price accurately are still moving units quickly.
| Metric | Value | Change |
|---|---|---|
| Median Rent (All Types, Greensboro-High Point) | $1,486 | +0.1% MoM |
| Avg. Days on Market | 28 days | — |
| Rent Growth YoY | -0.4% | — |
Source: Doorstead market data, aggregated from public records and online rental listings, all rental property types, May 2026.
What's Driving Greensboro-High Point Rental Market Conditions Right Now
Greensboro-High Point Rental Supply and New Construction
New supply is putting pressure on the market across all rental types. Apartment inventory in Greensboro grew 7% between 2020 and 2025, pushing vacancy rates slightly above equilibrium, and the pipeline keeps building: Crescent Communities' HARMON Jefferson Village, a 130-unit build-to-rent townhome community in northwest Greensboro, opened for leasing in January 2026, while the city council approved $8.1 million in April 2026 for six affordable multifamily projects, including Ellington Place (75 units on N. O'Henry Blvd.) and Graceview Apartments (84 units on Union St.). Greensboro's "Road to 10,000" initiative, targeting 10,000 new housing units by 2030 with streamlined permitting, signals that supply will keep growing across price points for years.
Why People Rent in Greensboro-High Point
Greensboro-High Point draws renters through a mix of major employers, universities, and relative affordability that keeps homeownership out of reach at 6.53% mortgage rates. The metro's economy has diversified well beyond its textile roots into logistics, healthcare, financial services, and higher education, giving the renter base a stable, multi-sector foundation. Seasonality is a real factor here too: neighborhoods around UNCG and Greensboro College, particularly College Hill and Lindley Park, run on an academic calendar, with April through July being the peak turnover window, while healthcare-adjacent neighborhoods like Fisher Park and Dunleath benefit from steady demand year-round from Cone Health workers and relocators pricing out of larger metros.
What This Means for Greensboro-High Point Landlords
If you're in a student-adjacent area near UNCG or Greensboro College, right now is your best leasing window: College Hill and Lindley Park units sitting vacant through June are leaving money on the table. With the blended median rent essentially flat at $1,486 (down just 0.42% year-over-year) and 28 average days on market, pricing at or slightly below comparable listings will move your unit faster before the post-July lull hits and new supply from projects like HARMON Jefferson Village continues to give renters more options.
Greensboro-High Point Rent by City — May 2026
Burlington leads the Greensboro-High Point metro at just 9 days on market, making it the standout for rental demand right now. Greensboro is the softest market in the table at 38 days, with Winston-Salem and High Point sitting in the middle at 33 days each. Burlington aside, the metro is leasing slowly overall, with three of four cities averaging more than a month to fill a vacancy.
| City | Median Rent | 2BR Median | 3BR Median | Avg. DOM | MoM Change |
|---|---|---|---|---|---|
| Greensboro, NC | $1,300 | $1,080 | $1,545 | 38 days | +1.5% |
| Winston-Salem, NC | $1,860 | $1,090 | $1,835 | 33 days | -1.9% |
| High Point, NC | $1,416 | $1,150 | $1,563 | 33 days | +0.0% |
| Burlington, NC | $1,368 | $1,380 | $1,625 | 9 days | +1.0% |
| Source: Doorstead market data, aggregated from public records and online rental listings, all property types, May 2026. Median Rent is across all property types. |
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Greensboro, NC: Renters here range from UNCG faculty and grad students in College Hill and Fisher Park to logistics and healthcare workers who anchor the city's diversified economy, and spring leasing (April–July) drives a reliable annual turnover cycle in student-adjacent neighborhoods. At $1,300 median rent and 38 days on market, Greensboro sits on the slower end of the metro for leasing speed, but the +1.5% MoM gain shows pricing is holding its footing even with slightly elevated vacancy from recent apartment deliveries.
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Winston-Salem, NC: At $1,860 median rent and 33 days on market, Winston-Salem is the priciest submarket in this table, but the -1.9% MoM and -7.0% YoY drops are the sharpest declines here by a wide margin. Landlords carrying vacancies should price aggressively now: the annual trend suggests the market has been correcting for some time, and waiting it out has cost owners real money.
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High Point, NC: High Point's 33-day DOM matches Winston-Salem, but the rent story is the opposite: $1,416 median rent is up +2.1% year over year with a flat MoM, which points to steady, durable demand rather than a seasonal pop. For owners here, that stability is worth noting in a metro where other cities are giving back gains.
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Burlington, NC: Burlington is the standout in this table, with a 9-day median DOM that leaves every other city well behind, and $1,368 median rent up +4.4% year over year. That combination of speed and sustained rent growth signals a supply-constrained market where well-priced listings attract tenants fast, giving owners very little room to overprice without losing that advantage.
Greensboro-High Point Rent by Bedroom Count and Property Type — May 2026
Rent by Bedroom Count in Greensboro-High Point
Three-bedroom homes in Greensboro-High Point rent for a median of $1,642 per month, making them the most common target for both renters and investors in this market. Rents range from $919 for one-bedrooms up to $2,214 for four-bedrooms, a spread of roughly $1,295 across the size spectrum. The sharpest step-up comes at the top end: going from three to four bedrooms adds $572 per month, which means larger homes command a meaningful premium if you can find qualified tenants to support it.
| Bedroom Count in Greensboro-High Point | Median Rent (May 2026) |
|---|---|
| Studio | $974 |
| 1-Bedroom | $919 |
| 2-Bedroom | $1,175 |
| 3-Bedroom | $1,642 |
| 4-Bedroom | $2,214 |
| Source: Doorstead market data, aggregated from public records and online rental listings across all property types, Greensboro-High Point, May 2026. |
Rent by Property Type in Greensboro-High Point
Single-family homes lead the Greensboro-High Point market at a $1,737 median rent, which is $251 (16.9%) above the blended metro median of $1,486. Townhouses follow at $1,671, while condos sit closer to the metro median and apartments fall sharply below it at $1,076, giving the market a $661 spread from top to bottom. Speed tracks with price: single-family and townhouse rentals both clear in 22 days versus the blended 28-day average, while apartments drag at 57 days. If you own a single-family home and price it near market, you can expect faster leasing velocity and roughly 17% more monthly income than the average rental in this market.
| Property Type in Greensboro-High Point | Median Rent | Avg. Days on Market | MoM Change |
|---|---|---|---|
| All Property Types (Blended) | $1,486 | 28 days | +0.1% |
| Single Family | $1,737 | 22 days | -1.6% |
| Condo | $1,367 | 32 days | +1.7% |
| Townhouse | $1,671 | 22 days | +0.0% |
| Apartment | $1,076 | 57 days | +0.2% |
| Source: Doorstead market data, aggregated from public records and online rental listings, Greensboro-High Point, May 2026. |
Data Sources & Methodology
- Rental market data: Median rents, days on market, listing counts, and rent change figures. Sourced from county public records, deed and tax assessor data, and rental listings on publicly accessible platforms.
- Doorstead Platform Data: Internal leasing outcomes from Doorstead-managed rental homes across all property types, including days to lease. Trailing 12 months.
Data refreshed monthly. Doorstead benchmarks reflect managed properties only and may not be representative of the broader Greensboro-High Point rental market.