
Cheap Apartments for Rent in Greenwood, DE from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.


Riverwoods at Denton

Mispillion Apartments
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.

Elizabeth Cornish Landing

Dunbarton Estates Apartments

Hollybrook Farms Apartments
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.

Little Creek Apartments

Reserve at Sawmill

County Seat Apartments, LLC.

Sunset Hargraves Ridgely
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.

Houston Acres
Greenwood, DE Local Guide

How much does it cost to rent an apartment in Greenwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood Studio Apartments | $712 | $200 | $1,225 |
Greenwood 1 Bedroom Apartments | $1,443 | $640 | $2,095 |
Greenwood 2 Bedroom Apartments | $1,829 | $425 | $3,330 |
Greenwood 3 Bedroom Apartments | $2,304 | $843 | $3,750 |
Greenwood 4 Bedroom Apartments | $3,059 | $1,109 | $4,280 |
Browse Top Apartments in Greenwood
See all Apartments in GreenwoodExplore Greenwood
Greenwood, DE Local Guide
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Cheapest Available Greenwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Greenwood, DE is a 1 Bed unit found at Riverview Gardens in the Savannah Overlook neighborhood priced from $670. Mispillion Apartments in the Orchard Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $678. Here is today’s list of the most affordable Greenwood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Riverview Gardens | 1 Bed, 1 bath | 1BR,1BA | $670 |
Mispillion Apartments | One bedroom | 1BR,1BA | $678 |
Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $776 |
Riverwoods at Denton | 1 BR- Phase I & II | 1BR,1BA | $899 |
Hollybrook Farms Apartments | 1 Bed, 1 bath | 1BR,1BA | $957 |
Best Value Apartments for Rent in Greenwood, DE and Nearby
As of July 30, 2025 the best value apartment in the Greenwood area is the $1.43 price per square foot VO3 Model at Vincent Overlook in the in the Bay Front neighborhood starting from $2,795. The second greatest value Greenwood apartment is the Windstone 2 Model at Windstone starting at $2,395 with a $1.24 price per square foot in the Bay Front 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. |
---|---|---|---|
Vincent Overlook | VO3 | 3BR,2BA | $1.43 |
Windstone | Windstone 2 | 3BR,2BA | $1.24 |
Burton’s Crossing Townhomes | Three Bedroom Townhomes | 3BR,2.5BA | $1.12 |
Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.46 |
Melanie's Ridge | 2 Bedroom | 2BR,2BA | $1.39 |
Riverview Gardens | 1 Bed, 1 bath | 1BR,1BA | $0.87 |
Hollybrook Farms Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.29 |
Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.05 |
Mispillion Apartments | One bedroom | 1BR,1BA | $1.04 |
Riverwoods at Denton | 1 BR- Phase I & II | 1BR,1BA | $1.41 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenwood, DE Rentals by Map
See the most popular apartments and homes in Greenwood, DE
Getting Around Greenwood, DE
Walk Score®
15 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
40 / 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
How much is rent for a Cheap One Bedroom Greenwood Apartment?
The lowest price for a Cheap One Bedroom Greenwood Apartment is $670 at Riverview Gardens.
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 $698 at Mispillion Apartments.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Sunset Hargraves Ridgely and starts from $1,415.
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.

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.

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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.