406 Memphis St
406 Memphis St,
Greensboro, NC 27406
$1,300 | 3 Beds
Spring Valley sits just a few miles south of Downtown Greensboro, not far from the city's best attractions. Residents are drawn to the area for its proximity to many desirable places within the city and the accompanying low cost of living. The neighborhood is convenient to several colleges and universities including Bennett College, the University of North Carolina-Greensboro, and North Carolina Agricultural and Technical State University. While Greensboro residents have plenty of attractive places to call home, Spring Valley’s low cost, charming rentals capture the hearts of renters each year.
As of May 2025, the average apartment rent in Spring Valley is $678 for two bedrooms, and $906 for three bedrooms. Apartment rent in Spring Valley has increased by 0.7% in the past year.
2 BR
825 sq ft
Average Sq Ft
$678/month
Average Rent
3 BR
945 sq ft
Average Sq Ft
$906/month
Average Rent
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
3,230
Communities
899,127
Units
834
Cities
703
Communities
190,798
Units
328
Cities
642
Communities
126,349
Units
259
Cities
623
Communities
106,591
Units
221
Cities
617
Communities
163,354
Units
239
Cities
547
Communities
127,799
Units
279
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.