
Cheap Apartments for Rent in Greenwood, LA from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.


Fox Trail Apartments

South Pointe Apartments

Tiffany Square Apartments

Riverdale

Salem Village

Villa Del Lago Apartments

Windsor Housing

Ashford Park - Bedford Park
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.

Westwood Village Apartments

Towers at Cross Lake

Colony Square

Lifestyle on Pines Rd

Lifestyle on Golf Links

Country Crossing Apartments

Cedar Creek Village

The Encore on Kingston

Summer Pointe Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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.

Ashton Pines

River Oaks Apartments

Nantucket Harbor

Castlewood Apartments

Aspen Apartments

Seasons Apartments

Lifestyle at Lakeshore

3612 Michigan Blvd

3051 Amherst St
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.

3420 Darien St

3224 Jackson St

557 Merrick St

Foxborough Cove

7041 Penny St

3826 Huston St

6418 Quilen Blvd

3003 Hillcrest Ave

4129 Lamar Ave
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.

2933 Hillcrest Ave

6637 Burke St
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 | $842 | $613 | $1,072 |
| Greenwood 1 Bedroom Apartments | $858 | $550 | $1,315 |
| Greenwood 2 Bedroom Apartments | $1,005 | $695 | $2,160 |
| Greenwood 3 Bedroom Apartments | $1,191 | $899 | $1,617 |
| Greenwood 4 Bedroom Apartments | $1,201 | $1,054 | $1,400 |
Browse Top Apartments in Greenwood
See all Apartments in GreenwoodExplore Greenwood
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. Fox Trail Apartments in the Southwest Shreveport neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $613. 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 |
| Fox Trail Apartments | Magnolia | Studio,1BA | $613 |
| Tiffany Square Apartments | 1/1 750 SF | 1BR,1BA | $620 |
| South Pointe Apartments | Oak | 1BR,1BA | $666 |
| Riverdale | 1 Bedroom | 1BR,1BA | $685 |
| Salem Village | Calliope | 1BR,1BA | $695 |
| Villa Del Lago Apartments | 1BR/1.0BA | 1BR,1BA | $700 |
| Windsor Housing | One Bed One Bath | 1BR,1BA | $702 |
| Colony Square | 1BR/1.0BA | 1BR,1BA | $725 |
| Lifestyle on Pines Rd | 1 Bed 1 Bath | 1BR,1BA | $750 |
Best Value Apartments for Rent in Greenwood, LA and Nearby
As of July 30, 2026 the best value apartment in the Greenwood area is the $0.72 price per square foot Pointe Manor Model at Towers at Cross Lake in the in the Mooretown and Hollywood Heights neighborhood starting from $950. The second greatest value Greenwood apartment is the Sequoia Model at Westwood Village Apartments starting at $1,012 with a $0.88 price per square foot in the Southwest Shreveport 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. |
|---|---|---|---|
| Towers at Cross Lake | Pointe Manor | 2BR,2BA | $0.72 |
| Westwood Village Apartments | Sequoia | 2BR,2BA | $0.88 |
| Townhomes at South Highlands | 2 Bed, 1 Bath | 2BR,1BA | $0.84 |
| Colony Square | 1BR/1.0BA | 1BR,1BA | $0.95 |
| Tiffany Square Apartments | 1/1 750 SF | 1BR,1BA | $0.83 |
| Riverdale | 1 Bedroom | 1BR,1BA | $0.95 |
| South Pointe Apartments | Oak | 1BR,1BA | $0.95 |
| Villa Del Lago Apartments | 1BR/1.0BA | 1BR,1BA | $1.03 |
| Salem Village | Calliope | 1BR,1BA | $1.05 |
| 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 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 Townhomes at South Highlands and starts from $1,005.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.