Greensboro

North Carolina ยท Ranked #271 of 373 metros

60Moderate
๐Ÿ’ก
Housing in Greensboro costs 3.86ร— the median income, below the national average of 4.5ร—. The median home price is $244K and median rent is $1,103/month. Greensboro ranks #271 of 373 metros for affordability.

Median Home Price

๐Ÿ 

$244K

Need $73K income

Median Rent

๐Ÿ”‘

$1,103

Need $44K income

Housing Shortage

๐Ÿ“‰

12,000

units needed

Building Permits

๐Ÿ”จ

5,500

annual

Median Income

๐Ÿ’ฐ

$63K

Pop: 776,566

Rent Burden

โš ๏ธ

32.0%

of renters paying >30%

Price Change (YoY)

๐Ÿ“ˆ

+4.5%

Homeownership

๐Ÿก

64.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricGreensboroNational
Price-to-Income Ratio3.86x6.1x
Rent Burden32.0%31.5%
Homeownership Rate64.0%65.5%
YoY Price Change+4.5%+3.5%
YoY Rent Change+3.5%+2.8%
Mortgage Denial Rate14.5%13.5%
Eviction Rate6.0%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +74.5%Since 2000: +142.6%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$1,159/mo
1 Bedroom$1,213/mo
2 Bedroom$1,330/mo
3 Bedroom$1,703/mo
4 Bedroom$1,960/mo

Zillow Market Data

Home Value (ZHVI)

$259K

1yr: +0.5%5yr: +34.8%

Rent (ZORI)

$1,409/mo

1yr: +2.7%5yr: +40.8%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$235K

Active Inventory

17

Days on Market

52

Sold Above List

0.0%

Price Drops

41.2%