Cheap Apartments for Rent in Greenwood, AR from $500 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Greenwood.

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601 Xavier St
1 Bedroom Apartments

601 Xavier St

601 Xavier StFort Smith, AR 72901
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Pine View Apartments
1 Bedroom Apartments

Pine View Apartments

5202 Towson AveFort Smith, AR 72901
  • Utilities Included
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Southbrooke Apartments
2 Bedroom Apartments

Southbrooke Apartments

8201 Highway 271 SFort Smith, AR 72908
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St. Andrews Apartments
1 to 2 Bedroom Apartments

St. Andrews Apartments

4901 St Andrews WayFort Smith, AR 72903
  • Utilities Included

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.

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Willow Lake Townhomes
2 to 4 Bedroom Apartments

Willow Lake Townhomes

1400 Albert Pike AveFort Smith, AR 72903
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Showing Results 1-31, Page 1 of 1

Greenwood, AR Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, AR is a 1 Bed unit found at The Flats @ 5900 in the Sunnymede neighborhood priced from $600. Phoenix Village in the Cavanaugh neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Flats @ 59001 bed 1 bath1BR,1BA$600
Phoenix Village1.11BR,1BA$625
Pike PlaceStandard1BR,1BA$630
Aspen HeightsLive your Best Life! Silver Aspen 1 Bed/ 1 Bath1BR,1BA$675
Marina Apartments1 Bedroom, 1 Bathroom1BR,1BA$675
The Links at Fort SmithCustom1BR,1BA$685
Southbrooke ApartmentsSB 2 beds 2 bath2BR,1BA$700
Greystone Apartments2x12BR,1BA$725
Lakeside Townhomes1 bedroom 800sqft1BR,1BA$725
The Bluffs @ Central2.1 Rehab2BR,1BA$750

Best Value Apartments for Rent in Greenwood, AR and Nearby

As of August 04, 2025 the best value apartment in the Greenwood area is the $0.89 price per square foot 2 Bed 2 Bath 2 Car Garage Model at Willowbrook Duplexes in the in the Cavanaugh neighborhood starting from $1,199. The second greatest value Greenwood apartment is the 2X2 Model at Addison Place Apartments starting at $900 with a $0.92 price per square foot in the South Fort Smith 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.
Willowbrook Duplexes2 Bed 2 Bath 2 Car Garage2BR,2BA$0.89
Addison Place Apartments2X22BR,2BA$0.92
Glen Oaks2 Bedrooms Availble Now!2BR,2BA$0.92
Harbortown Apartments2 Bedroom, 2 Bath2BR,2BA$0.95
Crown Ridge ApartmentsThe Grand Marquis2BR,2BA$0.90
Southpoint Apartments2bd/2ba- B Plan Upstairs2BR,2BA$0.86
Southbrooke ApartmentsSB 2 beds 1 bath2BR,1BA$0.78
Lakeside Townhomes1 bedroom 800sqft1BR,1BA$0.91
Marina Apartments1 Bedroom, 1 Bathroom1BR,1BA$0.95
The Flats @ 59001 bed 1 bath1BR,1BA$0.92

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Best Local Schools in
Greenwood, AR

School data provided by Great Schools

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Getting Around Greenwood, AR

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Greenwood Apartments

What is the Cheapest Studio apartment in Greenwood?

Currently the most affordable Cheap Studio Apartment in Greenwood is at Prairie at Chaffee Crossing listed at $850.

How much is rent for a Cheap One Bedroom Greenwood Apartment?

The lowest price for a Cheap One Bedroom Greenwood Apartment is $600 at The Flats @ 5900.

What is the lowest price for a Cheap Two Bedroom Greenwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Greenwood is starting from $700 at Pike Place.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Willowbrook Duplexes and starts from $1,199.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.