Cheap Homes for Rent in Greenwood Neighborhood of Des Moines, IA from $700 (15 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 3422 SW 8th St

$1,100 - $1,150

2 Bedroom Rentals

Available Now

3422 SW 8th St

Des MoinesIA50315

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Mezzo on Walnut priced from $350. Plymouth Place Retirement Community 62+ 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 ListingModel NameBed/BathPriced From
Mezzo on WalnutAria 31BR,1BA$350
Plymouth Place Retirement Community 62+Studio - Retirement CommunityStudio,1BA$600
Village GreenStudioStudio,1BA$600
Lenox PropertiesGreenwood AStudio,1BA$635
The AcaciaStudio - ClassicStudio,1BA$647

Best Value Apartments for Rent in Greenwood, IA

As of April 08, 2026 the best value apartment in the Greenwood area is the $1.10 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,350. The second greatest value Greenwood apartment is the 2 BR/ 1 BA Model at 3612 Ingersoll Ave starting at $1,200 with a $0.75 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Matilda 235 TownhomesB22BR,2.5BA$1.10
3612 Ingersoll Ave2 BR/ 1 BA2BR,1BA$0.75
3000 Grand Apartments3 Bed | 2 Bath3BR,2BA$1.02
The ElmhurstModel A2BR,2BA$1.00
560 29th St560 29th St2BR,1BA$0.98
1818 Pleasant St, Unit 18181818 Pleasant St2BR,1BA$1.06
River Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$0.99
Stockbridge Apartments1x1 670-7001BR,1BA$0.93
The Pointe on FleurOne Bedroom Available-$500 Rent Credit-Call for...1BR,1BA$1.07
MLK Brickstone ApartmentsOne Bedroom1BR,1BA$1.12

Frequently Asked Questions about Greenwood

What type of rentals are currently available in Greenwood?

There are currently 476 Apartments for Rent in Greenwood, IA with pricing that ranges from $380 to $3,531. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $750 to $4,200.

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 $750 to $4,200 with an average monthly rent of $1,992.

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 $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,185 to $2,795. Four Bedroom Single-Family rentals are also available starting from $1,300 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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.