Cheap Apartments for Rent in Greenwood, AR from $500 (44 Rentals)

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

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Forest Oaks Apartments
$680 - $795
Total Monthly Price

Total Monthly Price

Base Rent
$630 - $745
Required Monthly Fees
$50
Total Monthly Price
$680 - $795
1 to 2 Bedroom Apartments Available Now

Forest Oaks Apartments

1485 E Center StGreenwood, AR 72936
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  • 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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Aspen Heights
$690 - $750
Total Monthly Price

Total Monthly Price

Base Rent
$630 - $690
Required Monthly Fees
$60
Total Monthly Price
$690 - $750
1 to 2 Bedroom Apartments Available Now

Aspen Heights

5801 Kinkead AveFort Smith, AR 72903
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Village Meadows
$775 - $825
Total Monthly Price

Total Monthly Price

Base Rent
$710 - $760
Required Monthly Fees
$65
Total Monthly Price
$775 - $825
2 Bedroom Apartments Available Now

Village Meadows

9801 Meandering WayFort Smith, AR 72903
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Chapel Ridge Apartments
$800 - $1,325
Total Monthly Price

Total Monthly Price

Base Rent
$725 - $1,250
Required Monthly Fees
$75
Total Monthly Price
$800 - $1,325
1 to 4 Bedroom Apartments Available Now

Chapel Ridge Apartments

7500 Jenny Lind RdFort Smith, AR 72908
Family Friendly
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  • Customer Reviewed
  • 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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Crown Ridge
$930
Total Monthly Price

Total Monthly Price

Base Rent
$855
Required Monthly Fees
$75
Total Monthly Price
$930
2 Bedroom Apartments Available Now

Crown Ridge

7114 Texas RdFort Smith, AR 72908
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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
1 to 3 Bedroom Apartments

Southbrooke Apartments

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

St. Andrews Apartments

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

Cherry Tree

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

Colony West

7700 Jenny Lind RdFort Smith, AR 72908

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Willow Lake Townhomes
2 to 4 Bedroom Apartments

Willow Lake Townhomes

1400 Albert Pike AveFort Smith, AR 72903
  • Utilities Included
Showing Results 1-44, 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. The Bluffs @ Central in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Flats @ 59001.1L1BR,1BA$600
The Bluffs @ Central1.1 Rehab1BR,1BA$650
Aspen HeightsLive your Best Life! Silver Aspen 1 Bed/ 1 Bath1BR,1BA$690
Lakeside Townhomes1.1 Rehab1BR,1BA$710
Phoenix Village2.1S Rehab2BR,1BA$725
Mill Creek ApartmentsMill Creek 1 Bedroom1BR,1BA$725
Greystone ApartmentsSpacious 2 Bedroom Apartment at Greystone – Coz...2BR,1BA$725
Ramsey Square ApartmentsRamsey Square 1 Bedroom Unit Type1BR,1BA$745
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$775
The Links at Fort SmithCustom2BR,2BA$785

Best Value Apartments for Rent in Greenwood, AR and Nearby

As of April 06, 2026 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 2.2 Model at Welcome to Stone Creek! starting at $925 with a $0.94 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.
Willowbrook Duplexes2 Bed 2 Bath 2 Car Garage2BR,2BA$0.89
Welcome to Stone Creek!2.22BR,2BA$0.94
Addison Place Apartments2X22BR,2BA$0.92
Glen Oaks Apartments2 Bed, 2 Bath2BR,2BA$0.92
The Links at Fort SmithCustom2BR,2BA$0.82
Colony West2.22BR,2BA$0.83
Southpoint Apartments2bd/2ba- A Plan Upstairs2BR,2BA$0.86
Forest Oaks Apartments2bd2BR,1.5BA$0.86
Village Meadows9801 Meandering Way- Exceptional Quality2BR,1BA$0.91
The Flats @ 59001.1L1BR,1BA$0.92

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Cheap Greenwood Apartments

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 $710 at The Flats @ 5900.

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

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

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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.