400 Cunat Blvd
RichmondIL60071
Cheap Homes for Rent in Greenwood, IL from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Greenwood.
253 Uteg St
Crystal LakeIL60014
60 Aspen Colony
Fox LakeIL60020
430 Cunat Blvd
RichmondIL60071
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.
132 S McHenry Ave
Crystal LakeIL60014
245 Uteg St
Crystal LakeIL60014
551 Leah Ln
WoodstockIL60098
4311 IL-176
Crystal LakeIL60014
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.
1005 Cherry Valley Rd
Bull ValleyIL60050
Showing Results 1-9, Page 1 of 1
Greenwood, IL Local Guide
Sunrise in field by Claire Y. Martin is licensed under CC BY 2.0
How much does it cost to rent a home in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 2 Bedroom Homes for Rent | $2,025 | $1,375 | $3,000 |
| Greenwood 3 Bedroom Homes for Rent | $2,460 | $1,800 | $3,500 |
| Greenwood 4 Bedroom Homes for Rent | $3,435 | $2,920 | $3,950 |
| Greenwood 5 Bedroom Homes for Rent | $5,250 | $3,000 | $7,500 |
Browse Top Homes for Rent in Greenwood
Explore Greenwood
Greenwood, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Greenwood Apartments for Rent and Nearby
The cheapest available apartment rental in Greenwood, IL is a 1 Bed unit found at Northfield Court priced from $1,101. The Paths of Walnut Ridge in the Bryn Mawr neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northfield Court | Valley View | 1BR,1BA | $1,101 |
| The Paths of Walnut Ridge | 1BR/1BA | 1BR,1BA | $1,215 |
| Willow Brooke | Rosebay | 1BR,1BA | $1,240 |
Best Value Apartments for Rent in Greenwood, IL and Nearby
As of August 28, 2025 the best value apartment in the Greenwood area is the $1.11 price per square foot 2 Bedroom Model at The Church Street Apartments in the in the Park Place neighborhood starting from $2,000. The second greatest value Greenwood apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,850 with a $1.48 price per square foot in the Amber Shores 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. |
|---|---|---|---|
| The Church Street Apartments | 2 Bedroom | 2BR,2BA | $1.11 |
| West Harbor Residences at Reva Bay | 2 Beds, 2 baths | 2BR,2BA | $1.48 |
| Oakbrook Estates- Senior 55+ Community | Champion Single Wide | 3BR,2BA | $1.42 |
| River Place | Residence #5, 6, 7 and 8 (Plus Den) | 1BR,2BA | $1.68 |
| Residence of Fairway Greens | CB121.5 Two Bed One and One half bath | 2BR,1BA | $1.76 |
| The Meadows Apartments Lakemoor | Willow | 2BR,1BA | $1.92 |
| Northfield Court | Summit | 1BR,1BA | $1.57 |
| Willow Brooke | Rosebay | 1BR,1BA | $1.84 |
| Timber Oaks (Patriot Oaks) | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.03 |
| The Paths of Walnut Ridge | 1BR/1BA | 1BR,1BA | $1.89 |
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.
Let everyone know!
Do you know the Greenwood area?
If you’re an expert on all things Greenwood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly Lifestyle
Ranked #
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenwood, IL Rentals by Map
See the most popular apartments and homes in Greenwood, IL
Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 38 Apartments for Rent in Greenwood, IL with pricing that ranges from $1,049 to $3,892. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $1,150 to $7,500.
What is the current price range for Rental Homes in Greenwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood ranges from $1,150 to $7,500 with an average monthly rent of $2,900.
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.
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.
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.