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$1,075 - $1,560
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowChristmas Lake Manor Apartments
834-836 3rd AveExcelsior, MN 55331
Cheap Apartments for Rent in Greenwood, MN from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.
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$1,085 - $1,695
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,085 - $1,695
Total Monthly Price
$1,085 - $1,695
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
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$1,100 - $1,650
Plus Fees
Studio to 3 Bedroom Apartments Contact Us For AvailabilityBayview Apartments
2400 Interlachen RdSpring Park, MN 55384
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$1,180 - $1,435
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jul 10Chanhassen Village
7701 Chanhassen RdChanhassen, MN 55317
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$1,190 - $2,635
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowMinnetonka Edgewater Apartments and Boat Slips
4177 Shoreline DrSpring Park, MN 55384
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$1,200 - $1,310
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jul 10Bay Pointe Apartments
840-846 3rd AveExcelsior, MN 55331
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Rent Specials
$1,241 - $6,640
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Ellie
8075 Eden Prairie RdEden Prairie, MN 55347
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$1,260 - $2,320
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Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,236 - $2,296
Required Monthly Fees
$24
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$1,260 - $2,320
Oaks Glen Lake Apartments
14414 Stewart LnMinnetonka, MN 55345
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$1,295
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityShorewood Place Apartments
5540 Cr-19Shorewood, MN 55331
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.
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Rent Specials
$1,320 - $1,975
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,320 - $1,975
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$1,320 - $1,975
Sterling Ponds Apartments
16315 Wagner WayEden Prairie, MN 55344
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$1,325 - $1,855
Plus Fees
1 to 3 Bedroom Apartments Available NowWayzata Lake Apartments
412 Wayzata BlvdWayzata, MN 55391
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$1,346 - $2,116
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,325 - $2,095
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Shadow Green Apartments
14247 Valley View RdEden Prairie, MN 55344
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$1,500 - $2,433
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,500 - $2,433
Total Monthly Price
$1,500 - $2,433
Wayzata Woods
240 Central Ave NWayzata, MN 55391
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$1,500 - $3,270
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,500 - $3,270
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Venue on 78th
541 W 78th StChanhassen, MN 55317
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$1,501 - $2,934
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,352 - $2,785
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Springs at McKnight Lake
3 Oakridge DrChaska, MN 55318
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$1,520 - $1,650
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available Aug 1Total Monthly Price
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$1,495 - $1,625
Required Monthly Fees
$25
Total Monthly Price
$1,520 - $1,650
The Chase at Nine Mile Creek
5709 Rowland RdMinnetonka, MN 55343
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$1,535 - $1,980
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,535 - $1,980
Total Monthly Price
$1,535 - $1,980
Heritage Park Apartments
425 Chan VwChanhassen, MN 55317
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$1,575 - $1,625
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowMorse Manor
246 Morse AveExcelsior, MN 55331
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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$1,585 - $2,700
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,585 - $2,700
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$1,585 - $2,700
Gleason Lake
155 Gleason Lake RdWayzata, MN 55391
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$1,603 - $6,233
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,588 - $6,218
Required Monthly Fees
$15
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$1,603 - $6,233
Carrick Apartments and Townhomes
5603 Manitou RdTonka Bay, MN 55331
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$1,658 - $2,103
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,650 - $2,095
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Lake Susan Apartments
8260 Market BlvdChanhassen, MN 55317
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$1,983 - $3,008
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,975 - $3,000
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The Stax of Long Lake
455 Virginia AveLong Lake, MN 55356
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$2,045 - $3,510
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 1Total Monthly Price
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$2,045 - $3,510
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$2,045 - $3,510
Lake Hazeltine Woods
3400 Autumn Woods DrChaska, MN 55318
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1 to 2 Bedroom Apartments
Excelsior Lake
500-520 Linden StExcelsior, MN 55331
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2 Bedroom Apartments
Tonkaway Apartments
818 Third AveExcelsior, MN 55331
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Studio to 2 Bedroom Apartments
Excelsior Manor Apartments
838 3rd AveExcelsior, MN 55331
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Studio to 3 Bedroom Apartments
Stratford Wood
18900 Stratford RdMinnetonka, MN 55345
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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1 to 2 Bedroom Apartments
Greenwood Manor
5205 Greenwood CirExcelsior, MN 55331
1007 11th Ave S
HopkinsMN55343
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1 to 2 Bedroom Apartments
Quail Ridge Apartments
7365 Howard LnEden Prairie, MN 55346
13316 Zenith Ln
Eden PrairieMN55346
4407 Wilshire Blvd
MoundMN55364
6010 Chasewood Pkwy
HopkinsMN55343
3524 County Rd 101
MinnetonkaMN55345
7651 Nicholas Way
ChanhassenMN55317
7689 Nicholas Way
ChanhassenMN55317
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.
Showing Results 1-36, Page 1 of 1
Greenwood, MN Local Guide
Excelsior Bay by Greg Gjerdingen is licensed under CC BY 2.0
How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood Studio Apartments | $1,460 | $1,095 | $1,620 |
| Greenwood 1 Bedroom Apartments | $1,755 | $1,105 | $3,250 |
| Greenwood 2 Bedroom Apartments | $2,356 | $1,295 | $8,750 |
| Greenwood 3 Bedroom Apartments | $2,710 | $1,350 | $6,233 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Greenwood
See all Apartments in GreenwoodExplore Greenwood
Greenwood, MN Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Greenwood Apartments for Rent and Nearby
The cheapest available apartment rental in Greenwood, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,075. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,085. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,075 |
| Hunters Ridge | Crystal | Studio,1BA | $1,085 |
| Minnetonka Edgewater Apartments and Boat Slips | The Shoreline | 1BR,1BA | $1,295 |
| Sterling Ponds Apartments | Senior 1A | 1BR,1BA | $1,320 |
| Shadow Green Apartments | Maple | 1BR,1BA | $1,346 |
| Stratford Wood | Glenn | 2BR,1BA | $1,404 |
| The Ellie | Yarrow Alcove | Studio,1BA | $1,485 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1,500 |
| Springs at McKnight Lake | Studio Grand Overlook | Studio,1BA | $1,501 |
| Morse Manor | One bedroom, one bathroom | 1BR,1BA | $1,575 |
Best Value Apartments for Rent in Greenwood, MN and Nearby
As of July 05, 2026 the best value apartment in the Greenwood area is the $2.00 price per square foot 2S - 2 Bedroom Split Model at Heritage Park Apartments in the in the Pinehurst neighborhood starting from $1,980. The second greatest value Greenwood apartment is the The Steamboat Model at Minnetonka Edgewater Apartments and Boat Slips starting at $1,940 with a $1.96 price per square foot in the Outlying Hennepin Far Western Suburbs 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. |
|---|---|---|---|
| Heritage Park Apartments | 2S - 2 Bedroom Split | 2BR,2BA | $2.00 |
| Minnetonka Edgewater Apartments and Boat Slips | The Steamboat | 2BR,1BA | $1.96 |
| Wayzata Lake Apartments | 3BR/1.0BA | 3BR,1BA | $1.95 |
| Lake Susan Apartments | Oak | 1BR,1BA | $2.02 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.90 |
| Gleason Lake | Lily | 1BR,1BA | $2.02 |
| Shadow Green Apartments | Maple | 1BR,1BA | $1.72 |
| Stratford Wood | Timberland | 1BR,1BA | $2.02 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.54 |
| Hunters Ridge | Crystal | Studio ,1BA | $1.93 |
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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Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Greenwood, MN
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 $1,075 at Christmas Lake Manor 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 $1,395 at Hunters Ridge.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Wayzata Lake Apartments and starts from $1,855.
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.
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