
Cheap Homes for Rent in Greenwood Neighborhood of Des Moines, IA from $500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenwood area of Des Moines.


1000 24th St

1000 24th St

702 20th St

1000 24th St

1314 22nd St
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3120 Cottage Grove Ave

1334 32nd St

1334 32nd St

2305 Grand Ave

2315 Grand Ave

2225 Grand Ave

1312 22nd St
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2500 Grand Ave

4200 Grand Ave

1310 Ascension St

1259 10th St, Unit 1
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Greenwood, Des Moines, IA Local Guide

How much does it cost to rent a home in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 2 Bedroom Homes for Rent | $1,180 | $795 | $1,900 |
| Greenwood 3 Bedroom Homes for Rent | $1,909 | $1,345 | $2,950 |
| Greenwood 4 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
| Greenwood 5 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Des Moines, IA.
Explore Des Moines
Cheapest Available Greenwood Apartments for Rent
 The cheapest available apartment rental in the Greenwood area of Des Moines, IA is a 1 Bed unit found at The Flats on 21st priced from $595. Village Green has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Greenwood apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats on 21st | 1 Bedroom | 1BR,1BA | $595 |
| Village Green | Studio | Studio,1BA | $600 |
| Imperial Grand Prix | Grand Prix Studio | Studio,1BA | $647 |
| The Acacia | Studio - Classic | Studio,1BA | $647 |
| Stockbridge Apartments | 1x1 670-700 | 1BR,1BA | $650 |
Best Value Apartments for Rent in Greenwood, IA
As of November 14, 2025 the best value apartment in the Greenwood area is the $0.81 price per square foot 2 BR/ 1 BA Model at 3612 Ingersoll Ave in the in the Southwest Des Moines neighborhood starting from $1,300. The second greatest value Greenwood apartment is the Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown Des Moines neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3612 Ingersoll Ave | 2 BR/ 1 BA | 2BR,1BA | $0.81 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
| Wilkins Bldg | Income Restricted | 2BR,1BA | $1.06 |
| 3120 Cottage Grove Ave, Unit Apt 2 | 3120 Cottage Grove Ave | 1BR,1BA | $0.81 |
| Hamilton Apartments | One Bedroom | 1BR,1BA | $0.84 |
| Ingersoll Towers | Greenwood | 2BR,1BA | $0.95 |
| 713 20th St, Unit 1915-2 | 713 20th St | 2BR,1BA | $1.00 |
| Stockbridge Apartments | 1x1 670-700 | 1BR,1BA | $0.93 |
| The Flats on 21st | 1 Bedroom | 1BR,1BA | $0.99 |
Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 475 Apartments for Rent in Greenwood, IA with pricing that ranges from $500 to $5,747. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $500 to $2,950.
What is the current price range for Rental Homes in Greenwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood ranges from $500 to $2,950 with an average monthly rent of $1,450.
How much are larger Three and Four Bedroom Rentals in Greenwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greenwood range from $1,100 to $2,549, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,345 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $965.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa
Written by: Joseph Isenberg
I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



