3903 University Ave
Des MoinesIA50311
Cheap Homes for Rent in the Greenwood Neighborhood of Des Moines, IA from $775 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenwood area of Des Moines.
1137 44th St
Des MoinesIA50311
713 20th St
Des MoinesIA50314
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$8751 Bedroom Apartments Available Sep 5
4009 University Ave, Unit 3
4009 University AveDes Moines, IA 50311
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$8751 Bedroom Apartments Available Now
4009 University Ave, Unit 1
4009 University AveDes Moines, IA 50311
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1001 Maish Ave
Des MoinesIA50315
3424 SW 42nd St
Des MoinesIA50321
1705 Gillette St
Des MoinesIA50314
1233 Park Ave
Des MoinesIA50315
112 11th St, Unit #206
112 11th St
Des MoinesIA50309
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Greenwood, Des Moines, IA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 2 Bedroom Homes for Rent | $1,434 | $995 | $1,995 |
| Greenwood 3 Bedroom Homes for Rent | $1,567 | $1,350 | $1,995 |
| Greenwood 5 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Des Moines, IA.
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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 1 Bed unit found at 732 19th St priced from $550. 3309 University Ave 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 |
|---|---|---|---|
| 732 19th St | 1 Beds, 1 Baths | 1BR,1BA | $550 |
| 3309 University Ave | 0BR/1.0BA | Studio,1BA | $600 |
| The Concord Building | Studio | Studio,1BA | $630 |
Best Value Apartments for Rent in Greenwood, IA
As of August 23, 2026 the best value apartment in the Greenwood area is the $1.14 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,450. The second greatest value Greenwood apartment is the 3 Beds, 1 Baths Model at 4216 Ingersoll Ave starting at $1,235 with a $1.03 price per square foot in the Southwest 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. |
|---|---|---|---|
| Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.14 |
| 4216 Ingersoll Ave | 3 Beds, 1 Baths | 3BR,1BA | $1.03 |
| Alta Casa | 2 Bedroom | 2BR,1BA | $1.10 |
| The Elmhurst | Model C | 1BR,1BA | $0.96 |
| 713 20th St, Unit 1915-3 | 713 20th St | 2BR,1BA | $1.03 |
| 2820-2822 Kingman Blvd | 1 Beds, 1 Baths | 1BR,1BA | $0.99 |
| 3119 Grand Ave | 2 Beds, 1 Baths | 2BR,1BA | $0.90 |
| The Pointe on Fleur Apartments | One Month Free Rent Call Today! | 1BR,1BA | $0.99 |
| River Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.15 |
| MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 485 Apartments for Rent in Greenwood, IA with pricing that ranges from $595 to $2,900. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $775 to $2,300.
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 $775 to $2,300 with an average monthly rent of $1,444.
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
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.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.