
Cheap Homes for Rent in Greenwood Neighborhood of Des Moines, IA from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Greenwood area of Des Moines.


1217 24th St

1108 25th St

1314 22nd St

1312 22nd St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4200 Grand Ave

4010 University

4200 Grand Ave

2701 Ingersoll Ave

2701 Ingersoll Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,651 | $850 | $2,595 |
| Greenwood 3 Bedroom Homes for Rent | $1,872 | $1,095 | $2,875 |
| Greenwood 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
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.
Explore Des Moines
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Green | Studio | Studio,1BA | $600 |
| The Acacia | Studio - Classic | Studio,1BA | $647 |
| Lenox Properties | Greenwood A | Studio,1BA | $650 |
Best Value Apartments for Rent in Greenwood, IA
As of February 22, 2026 the best value apartment in the Greenwood area is the $1.09 price per square foot 3 Bed | 2 Bath Model at 3000 Grand Apartments in the in the Southwest Des Moines neighborhood starting from $1,505. 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. |
|---|---|---|---|
| 3000 Grand Apartments | 3 Bed | 2 Bath | 3BR,2BA | $1.09 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| Ingersoll Towers | Riley | 2BR,2BA | $0.85 |
| 560 29th St | 560 29th St | 2BR,1BA | $1.03 |
| 1215 23rd St, Unit 1215 23RD apt #3 | 1215 23rd St | 2BR,1BA | $0.80 |
| The 31st Street Apartments | One Bedroom + Den | 1BR,1BA | $1.05 |
| Skyloft Apartments | 2BR/1.0BA | 2BR,1BA | $1.08 |
| Stockbridge Apartments | 1x1 670-700 | 1BR,1BA | $0.93 |
| The Pointe on Fleur Apartments | One Bedroom Available-$500 Rent Credit-Call for... | 1BR,1BA | $1.07 |
| River Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.07 |
Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 479 Apartments for Rent in Greenwood, IA with pricing that ranges from $500 to $4,212. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $500 to $2,875.
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 $2,875 with an average monthly rent of $1,448.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.