Cheap Apartments for Rent in Greenwood, AR from $500 (48 Rentals)

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Aspen Heights
$595 - $960
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Total Monthly Price

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$595 - $960
Total Monthly Price
$595 - $960
1 to 3 Bedroom Apartments Available Now

Aspen Heights

5801 Kinkead AveFort Smith, AR 72903
Corporate Housing
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Flats @ 5900
$650 - $965
Total Monthly Price

Total Monthly Price

Base Rent
$650 - $965
Total Monthly Price
$650 - $965
1 to 3 Bedroom Apartments Available Now

The Flats @ 5900

5900 Kinkead AveFort Smith, AR 72903
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Village Meadows
$760 - $890
Total Monthly Price

Total Monthly Price

Base Rent
$760 - $890
Total Monthly Price
$760 - $890
1 to 2 Bedroom Apartments Available Now

Village Meadows

9801 Meandering WayFort Smith, AR 72903
Affordability
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Crown Ridge
$950 - $1,050
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,050
Total Monthly Price
$950 - $1,050
2 to 3 Bedroom Apartments Available Aug 14

Crown Ridge

7114 Texas RdFort Smith, AR 72908
Affordability
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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
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St. Andrews Apartments
1 to 2 Bedroom Apartments

St. Andrews Apartments

4901 St Andrews WayFort Smith, AR 72903
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Cherry Tree
1 to 2 Bedroom Apartments

Cherry Tree

6505 Fresno StFort Smith, AR 72903
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Colony West
2 Bedroom Apartments

Colony West

7700 Jenny Lind RdFort Smith, AR 72908
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Willow Lake Townhomes
2 to 4 Bedroom Apartments

Willow Lake Townhomes

1400 Albert Pike AveFort Smith, AR 72903
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Chanel Place
2 to 3 Bedroom Apartments

Chanel Place

9000-9101 Chanel PlFort Smith, AR 72916
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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 Phoenix Village in the Cavanaugh neighborhood priced from $550. The Bluffs @ Central in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Phoenix VillageStudio1BR,1BA$550
The Bluffs @ Central1.1 R1BR,1BA$600
Pike PlaceStandard1BR,1BA$630
The Flats @ 59001.1L Reno1BR,1BA$650
Forest Oaks Apartments1bd1BR,1BA$680
The Links at Fort SmithCustom1BR,1BA$685
Marina Apartments1 Bedroom, 1 Bathroom1BR,1BA$700
Mill Creek ApartmentsMill Creek 1 Bedroom1BR,1BA$725
Greystone Apartments2x12BR,1BA$725
Ramsey Square ApartmentsRamsey Square 1 Bedroom Unit Type1BR,1BA$745

Best Value Apartments for Rent in Greenwood, AR and Nearby

As of July 05, 2026 the best value apartment in the Greenwood area is the $0.32 price per square foot Bedroom D Model at University Park Place in the in the Sunnymede neighborhood starting from $599. The second greatest value Greenwood apartment is the 1234 Model at Willowbrook Duplexes starting at $1,299 with a $0.96 price per square foot in the Cavanaugh 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.
University Park PlaceBedroom D1BR,1BA$0.32
Willowbrook Duplexes12343BR,2BA$0.96
Welcome to Stone Creek!2.22BR,2BA$0.94
Harbortown Apartments2.22BR,2BA$0.95
Southpoint Apartments2bd/2ba- B Plan Upstairs2BR,2BA$0.90
Southbrook Apartments2BR/1.0BA2BR,1BA$0.83
Livin' Lakeside!1.1 Loft1BR,1BA$0.88
Aspen Heights2 Bed, 1.5 Bath2BR,1.5BA$0.96
The Bluffs @ Central2.1 R2BR,1BA$0.96
Forest Oaks Apartments1bd1BR,1BA$0.96

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 The Cottages at Ashton listed at $1,750.

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

The lowest price for a Cheap One Bedroom Greenwood Apartment is $550 at Phoenix Village.

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 Aspen Heights and starts from $920.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.