
Cheap Apartments for Rent in Greenwood, LA from $550 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.


Fox Trail Apartments

South Pointe Apartments

Tiffany Square Apartments

Lifestyle on Golf Links

Villa Del Lago Apartments

The Creole

Salem Village

Colony Square
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Riverdale

The Marq

Ashford Park - Bedford Park

River Oaks Apartments

Towers at Cross Lake

Westwood Village Apartments

Lifestyle on Pines Rd

Country Crossing Apartments

The Encore on Kingston
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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.

Cedar Creek Village

Castlewood Apartments

Summer Pointe Apartments

Ashton Pines

Windsor Housing

Nantucket Harbor

Seasons Apartments

Lifestyle at Lakeshore

4253 Lamar Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

6205 Rufus Dr

3920 Huston St

Foxborough Cove

6824 Jefferson Paige Rd

4321 Greenwood Blvd

5213 Ellison St

3826 Huston St

4129 Lamar Ave

6418 Quilen Blvd
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.

435 Dixie Lake Rd

310 Randolph St

3031 W Bert Kouns Industrial Loop
Greenwood, LA Local Guide

How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood Studio Apartments | $675 | $613 | $750 |
| Greenwood 1 Bedroom Apartments | $852 | $550 | $1,370 |
| Greenwood 2 Bedroom Apartments | $1,002 | $695 | $1,680 |
| Greenwood 3 Bedroom Apartments | $1,146 | $872 | $1,558 |
| Greenwood 4 Bedroom Apartments | $1,225 | $1,125 | $1,400 |
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Greenwood, LA Local Guide
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Cheapest Available Greenwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Greenwood, LA is a 1 Bed unit found at HIDDEN COVE in the W Outlying Caddo Parish neighborhood priced from $550. Lifestyle on Golf Links in the Westwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| HIDDEN COVE | 1 Bedroom, 1 Bath | 1BR, 1BA | $550 |
| Lifestyle on Golf Links | 1 Bed 1 Bath | 1BR, 1BA | $625 |
| The Creole | Magnolia | 1BR, 1BA | $680 |
| Salem Village | Calliope | 1BR, 1BA | $695 |
| Colony Square | 1BR/1.0BA | 1BR, 1BA | $700 |
| Riverdale | 1 Bedroom | 1BR, 1BA | $705 |
| River Oaks Apartments | Studio | Studio, 1BA | $725 |
| Fox Trail Apartments | Baton Rouge | 2BR, 1BA | $757 |
| The Encore on Kingston | 1/1 645 SF | 1BR, 1BA | $785 |
| Towers at Cross Lake | Harbor Villa | 1BR, 1BA | $785 |
Best Value Apartments for Rent in Greenwood, LA and Nearby
As of September 18, 2026 the best value apartment in the Greenwood area is the $0.79 price per square foot 2BR/2.0BA Model at Villa Del Lago Apartments in the North Shreveport neighborhood starting from $825. The second greatest value Greenwood apartment is the 2 Bed 2 Bath Model at Lifestyle at Lakeshore in the Westwood neighborhood starting at $1,052 with a $1.01 price per square foot. 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. |
|---|---|---|---|
| Villa Del Lago Apartments | 2BR/2.0BA | 2BR, 2BA | $0.79 |
| Lifestyle at Lakeshore | 2 Bed 2 Bath | 2BR, 2BA | $1.01 |
| Nantucket Harbor | Hampton | 2BR, 2BA | $1.02 |
| Fox Trail Apartments | Baton Rouge | 2BR, 1BA | $0.83 |
| Towers at Cross Lake | Harbor Villa | 1BR, 1BA | $0.87 |
| Colony Square | 2BR/2.0BA | 2BR, 2BA | $0.95 |
| Riverdale | 1 Bedroom | 1BR, 1BA | $0.98 |
| The Creole | Magnolia | 1BR, 1BA | $0.99 |
| Lifestyle on Golf Links | 1 Bed 1 Bath | 1BR, 1BA | $0.95 |
| HIDDEN COVE | 1 Bedroom, 1 Bath | 1BR, 1BA | $1.04 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleReal 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.
Read ArticleQuick 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, LA Rentals by Map
See the most popular apartments and homes in Greenwood, LA
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 $550 at HIDDEN COVE.
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 $695 at HIDDEN COVE.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Riverdale and starts from $960.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.