Cheap Apartments for Rent in Greenwood, MN from $800 (40 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Greenwood.

close
View Me
Hunters Ridge
$1,085 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,085 - $1,695

Total Monthly Price
$1,085 - $1,695
Studio to 2 Bedroom Apartments Available Now

Hunters Ridge

19000 Stratford RdMinnetonka, MN 55345
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Oaks Glen Lake Apartments
$1,255 - $2,315
Total Monthly Price

Total Monthly Price

Base Rent
$1,236 - $2,296
Required Monthly Fees
$19

Total Monthly Price
$1,255 - $2,315
Studio to 2 Bedroom Apartments Contact Us For Availability

Oaks Glen Lake Apartments

14414 Stewart LnMinnetonka, MN 55345
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Shadow Green Apartments
Rent Specials
$1,271 - $1,971
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $1,950
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Shadow Green Apartments

14247 Valley View RdEden Prairie, MN 55344
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Wayzata Woods
$1,375 - $2,541
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $2,541

Total Monthly Price
$1,375 - $2,541
1 to 3 Bedroom Apartments Available Now

Wayzata Woods

240 Central Ave NWayzata, MN 55391
Senior Living
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Venue on 78th
Rent Specials
$1,500 - $3,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,270

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Venue on 78th

541 W 78th StChanhassen, MN 55317
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Gleason Lake
$1,585 - $2,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,585 - $2,700

Total Monthly Price
$1,585 - $2,700
1 to 3 Bedroom Apartments Available Now

Gleason Lake

155 Gleason Lake RdWayzata, MN 55391
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Springs at McKnight Lake
Rent Specials
$1,647 - $3,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,498 - $3,101
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Springs at McKnight Lake

3 Oakridge DrChaska, MN 55318
Corporate Housing
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
The Ellie
$1,698 - $4,342
Total Monthly Price

Total Monthly Price

Base Rent
$1,591 - $4,235
Required Monthly Fees
$107

Total Monthly Price
$1,698 - $4,342
Studio to 2 Bedroom Apartments Available Now

The Ellie

8075 Eden Prairie RdEden Prairie, MN 55347
Corporate Housing
  • Verified
  • Customer Reviewed

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes

Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

close
View Me
Saddlewood
Rent Specials
$2,145 - $2,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,145 - $2,595

Total Monthly Price
$2,145 - $2,595
2 to 3 Bedroom Apartments Available Apr 30

Saddlewood

16863 Saddlewood TrlMinnetonka, MN 55345
  • Verified
  • 3D Tour
close
View Me
Tanager Creek
$2,195 - $3,045
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,195 - $3,045

Total Monthly Price
$2,195 - $3,045
2 to 3 Bedroom Apartments Available Now

Tanager Creek

6502 Kingfisher LnEden Prairie, MN 55346
  • Verified
  • 3D Tour
  • Smoke Free
close
View Me
Excelsior Lake
1 to 2 Bedroom Apartments

Excelsior Lake

500-520 Linden StExcelsior, MN 55331
  • Utilities Included
close
View Me
Tonkaway Apartments
2 Bedroom Apartments

Tonkaway Apartments

818 Third AveExcelsior, MN 55331
  • Utilities Included
close
View Me
Stratford Wood
Studio to 3 Bedroom Apartments

Stratford Wood

18900 Stratford RdMinnetonka, MN 55345
Senior Living
close
View Me
Excelsior Manor
Studio to 2 Bedroom Apartments

Excelsior Manor

838 3rd AveExcelsior, MN 55331
property at 946 Westbrooke Way

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Townhome for Rent

Available Now

946 Westbrooke Way

HopkinsMN55343
property at 805 Smetana Rd

$1,325

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Townhome for Rent

Available Now

805 Smetana Rd

HopkinsMN55343

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

close
View Me
Greenwood Manor
1 to 2 Bedroom Apartments

Greenwood Manor

5205 Greenwood CirExcelsior, MN 55331
  • Utilities Included
property at 13167 Murdock Terrace

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 1

13167 Murdock Terrace

Eden PrairieMN55347
property at 1033 Bluff Ave E

$1,895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1033 Bluff Ave E

ShakopeeMN55379
property at 7629 Century Blvd

$2,195

Total Monthly Price

Total Monthly Price

Base Rent
$2,195

Total Monthly Price
$2,195

2 Bedroom, 2.5 Bath Townhome for Rent

Available May 1

7629 Century Blvd

ChanhassenMN55317
property at 3522 Baker Rd

$2,395

Total Monthly Price

Total Monthly Price

Base Rent
$2,395

Total Monthly Price
$2,395

3 Bedroom, 1 Bath Home for Rent

Available Now

3522 Baker Rd

HopkinsMN55305
property at 14355 Fairway Dr

$2,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 2 Bath Condo for Rent

Available Now

14355 Fairway Dr

Eden PrairieMN55344

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.

Greenwood, MN Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, MN is a 1 Bed unit found at Bay Pointe Apartments in the Pinehurst neighborhood priced from $1,055. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,080. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bay Pointe Apartments1BR / 1BA1BR,1BA$1,055
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Hunters RidgeCrystalStudio,1BA$1,085
Shorewood Place Apartments1 Bedroom1BR,1BA$1,295
Bayview Apartments1BR1BR,1BA$1,300
Sterling Ponds ApartmentsSenior 1A1BR,1BA$1,320
Shadow Green ApartmentsAspen1BR,1BA$1,346
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1,375
Stratford WoodTimberland1BR,1BA$1,402
Quail Ridge Apartments2 Bedroom with Fireplace2BR,1BA$1,530

Best Value Apartments for Rent in Greenwood, MN and Nearby

As of April 06, 2026 the best value apartment in the Greenwood area is the $1.59 price per square foot Hawthorne Model at Tanager Creek in the in the Glen Lake neighborhood starting from $2,195. The second greatest value Greenwood apartment is the 2 Bedroom - Balcony Model at Quail Ridge Apartments starting at $1,830 with a $1.74 price per square foot in the Glen Lake 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.
Tanager CreekHawthorne2BR,1.5BA$1.59
Quail Ridge Apartments2 Bedroom - Balcony2BR,2BA$1.74
Gleason LakeSage2BR,1.8BA$1.76
Wayzata Woods1 Bedroom & 1 Bath1BR,1BA$1.74
Bayview Apartments1BR1BR,1BA$1.69
Shadow Green ApartmentsAspen1BR,1BA$1.87
Bay Pointe Apartments1 BR 1BA - 1st Floor - Upgraded1BR,1BA$1.65
Shorewood Place Apartments1 Bedroom1BR,1BA$1.85
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55
Hunters RidgeCrystalStudio ,1BA$1.93

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle

Ranked #

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Greenwood, MN Rentals by Map

View Map
Greenwood, MN Apartments Map
View Map
Greenwood, MN Rental Homes Map

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 Hunters Ridge listed at $1,085.

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

The lowest price for a Cheap One Bedroom Greenwood Apartment is $1,055 at Bay Pointe 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 $1,200 at Christmas Lake Manor Apartments.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Lake Susan Apartments and starts from $2,199.

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.

Helpful Local Expert Guides

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

decorative image for Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters article

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

decorative image for Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers article

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

decorative image for Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes article

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes

Written by: Stephanie Lica

Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.