Sustainable urban renewal is an important approach to achieving high-quality urban development. The elements of megacities are diverse, and their structures are complex. It is critical to carry out the scientific classification of grassroots governance units based on the concept and needs of urban renewal to promote targeted sustainability evaluation and achieve the precise application of renewal design and planning. This study takes the jurisdiction of Chengdu City as an example and constructs a hierarchical dimension composite classification. For this classification, 128 grassroots governance units are divided into nine types, according to their obvious spatial differences. Based on the properties of these types, suggestions for evaluating and implementing urban renewal are proposed: (1) high-density central areas generally face the dilemma of complex and rigid needs and administrative weaknesses, so the development of public participatory governance is an urgent issue; (2) in transitional suburban zones, areas on and between the development axes are significantly different, indicating that extra attention should be paid to the fairness of the renewal of semi-urbanized areas; (3) outer areas are generally marginalized in urban renewal processes and destructive redevelopment behaviors should be avoided.