Cheap Homes for Rent in Greenwood Neighborhood of Des Moines, IA from $400 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Greenwood area of Des Moines.

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Cheapest Available Greenwood Apartments for Rent

 

The cheapest available apartment rental in the Greenwood area of Des Moines, IA is a Studio unit found at Village Green priced from $600. The Acacia has the second lowest priced unit, which is a Studio apartment currently listed from $647. Here are the most affordable Greenwood apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Village GreenStudioStudio,1BA$600
The AcaciaStudio - ClassicStudio,1BA$647
Stockbridge Apartments1x1 670-7001BR,1BA$650
Lenox PropertiesGreenwood AStudio,1BA$650
Arlington HallettStudio WestStudio,1BA$680

Best Value Apartments for Rent in Greenwood, IA

As of December 30, 2025 the best value apartment in the Greenwood area is the $0.70 price per square foot 2 BR/ 1 BA Model at 3612 Ingersoll Ave in the in the Southwest Des Moines neighborhood starting from $1,125. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
3612 Ingersoll Ave2 BR/ 1 BA2BR,1BA$0.70
The ElmhurstModel A2BR,2BA$1.00
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
1215 23rd St, Unit 1215 23RD apt #31215 23rd St2BR,1BA$0.80
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
Ingersoll TowersAshworth2BR,1BA$0.97
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.02
Skyloft Apartments2BR/1.0BA2BR,1BA$1.06
Stockbridge Apartments1x1 670-7001BR,1BA$0.93
The Pointe on FleurOne Bedroom Available-One Month Free Rent Speci...1BR,1BA$1.07

Frequently Asked Questions about Greenwood

What type of rentals are currently available in Greenwood?

There are currently 472 Apartments for Rent in Greenwood, IA with pricing that ranges from $490 to $3,423. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $490 to $3,700.

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 $490 to $3,700 with an average monthly rent of $1,381.

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 $1,025 to $2,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,700. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $965.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

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.

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.