Cheap Apartments for Rent in Greenwood, IL from $1,000 (31 Rentals)

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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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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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Harbor View Apartments
Studio to 1 Bedroom Apartments

Harbor View Apartments

10-14 Rushmore RdFox Lake, IL 60020
Student Housing

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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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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Showing Results 1-31, Page 1 of 1

Greenwood, IL Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, IL is a 1 Bed unit found at Tan Oak Apartments priced from $1,099. Northfield Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,101. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tan Oak Apartments1 Bed 1 Bath1BR,1BA$1,099
Northfield CourtValley View1BR,1BA$1,101
Fawn Ridge ApartmentsValley View1BR,1BA$1,185
Geneva Estates2 Bed 1 Bath Lower Garden2BR,1BA$1,199
Patriot Oaks (FKA Timber Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,307
Patriot Prairie of Woodstock (FKA Prairie View)STUDIOStudio,1BA$1,350
The Blake at Fox RiverAlcott TerraceStudio,1BA$1,350
The Meadows Apartments LakemoorLaurel1BR,1BA$1,497
The Woods of Terra SpringsMaple1BR,1BA$1,610
Crystal Lake Apartments1 Bedroom1BR,1BA$1,635

Best Value Apartments for Rent in Greenwood, IL and Nearby

As of January 07, 2026 the best value apartment in the Greenwood area is the $1.29 price per square foot 3 Bedroom Townhome Model at Tuckaway Townhomes in the in the Lincoln Hills neighborhood starting from $1,801. The second greatest value Greenwood apartment is the One bedroom/long den Model at The Villas At Patriot Estates starting at $1,915 with a $1.42 price per square foot in the Lincoln Hills 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.
Tuckaway Townhomes3 Bedroom Townhome3BR,2BA$1.29
The Villas At Patriot EstatesOne bedroom/long den1BR,2.5BA$1.42
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.52
Lake Breeze Estates2 Bed 2 Bath Lower 2 Car Attached Garage Direct...2BR,2BA$1.73
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.77
Geneva Estates2 Bed 1 Bath Lower Garden2BR,1BA$1.59
Northfield CourtSummit1BR,1BA$1.57
Fawn Ridge ApartmentsValley View1BR,1BA$1.76
Tan Oak Apartments1 Bed 1 Bath1BR,1BA$1.69

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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Greenwood, IL Rentals by Map

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See the most popular apartments and homes in Greenwood, IL

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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 Patriot Prairie of Woodstock (FKA Prairie View) listed at $1,350.

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

The lowest price for a Cheap One Bedroom Greenwood Apartment is $1,099 at Tan Oak Apartments.

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 $1,187 at Northfield Court.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Patriot Prairie of Woodstock (FKA Prairie View) and starts from $1,480.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!