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$1,085 - $1,705
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,085 - $1,705
Total Monthly Price
$1,085 - $1,705
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
Cheap Apartments for Rent in Greenwood, MN from $800 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.
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$1,100 - $1,500
Plus Fees
Studio to 3 Bedroom Apartments Available NowBayview Apartments
2400 Interlachen RdSpring Park, MN 55384
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$1,175 - $1,560
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowChristmas Lake Manor Apartments
834-836 3rd AveExcelsior, MN 55331
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$1,260 - $2,320
Total Monthly Price
Studio to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,236 - $2,296
Required Monthly Fees
$24
Total Monthly Price
$1,260 - $2,320
Oaks Glen Lake Apartments
14414 Stewart LnMinnetonka, MN 55345
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$1,295
Plus Fees
2 Bedroom Apartments Available NowShorewood Place Apartments
5540 Cr-19Shorewood, MN 55331
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$1,310
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jul 10Bay Pointe Apartments
840-846 3rd AveExcelsior, MN 55331
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$1,320 - $1,975
Plus Fees
1 to 2 Bedroom Apartments Available NowSterling Ponds Apartments
16315 Wagner WayEden Prairie, MN 55344
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Rent Specials
$1,346 - $2,096
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,325 - $2,075
Required Monthly Fees
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Shadow Green Apartments
14247 Valley View RdEden Prairie, MN 55344
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$1,400 - $2,465
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,400 - $2,465
Total Monthly Price
$1,400 - $2,465
Wayzata Woods
240 Central Ave NWayzata, MN 55391
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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$1,4002 Bedroom Apartments Available Now
317 2nd St, Unit 7
317 2nd StExcelsior, MN 55331
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$1,435
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityChanhassen Village
7701 Chanhassen RdChanhassen, MN 55317
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Rent Specials
$1,500 - $3,270
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,500 - $3,270
Total Monthly Price
Varies
Venue on 78th
541 W 78th StChanhassen, MN 55317
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$1,535 - $1,980
Plus Fees
1 to 2 Bedroom Apartments Available NowHeritage 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
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$1,585 - $2,700
Total Monthly Price
1 to 3 Bedroom Apartments Available May 31Total Monthly Price
Base Rent
$1,585 - $2,700
Total Monthly Price
$1,585 - $2,700
Gleason Lake
155 Gleason Lake RdWayzata, MN 55391
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$1,599 - $1,995
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1 to 2 Bedroom Apartments Available NowLake Susan Apartments
8260 Market BlvdChanhassen, MN 55317
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Rent Specials
$1,599 - $2,914
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,450 - $2,765
Required Monthly Fees
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Total Monthly Price
Varies
Springs at McKnight Lake
3 Oakridge DrChaska, MN 55318
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$1,603 - $6,233
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,588 - $6,218
Required Monthly Fees
$15
Total Monthly Price
$1,603 - $6,233
Carrick Apartments and Townhomes
5603 Manitou RdTonka Bay, 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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$1,650 - $1,950
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowMinnetonka Edgewater
4177 Shoreline DrSpring Park, MN 55384
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$1,675 - $2,225
Plus Fees
1 to 3 Bedroom Apartments Available May 27Wayzata Lake Apartments
412 Wayzata BlvdWayzata, MN 55391
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$2,045 - $3,510
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityLake Hazeltine Woods
3400 Autumn Woods DrChaska, MN 55318
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$2,095 - $2,495
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,095 - $2,495
Total Monthly Price
$2,095 - $2,495
Saddlewood
16863 Saddlewood TrlMinnetonka, MN 55345
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$2,150
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$2,125
Required Monthly Fees
$25
Total Monthly Price
$2,150
The Chase at Nine Mile Creek
5709 Rowland RdMinnetonka, MN 55343
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$2,151 - $2,551
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,069 - $2,469
Required Monthly Fees
$82
Total Monthly Price
$2,151 - $2,551
Excelsior Shores
322 Lake StExcelsior, MN 55331
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$2,175
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available Jun 15Total Monthly Price
Base Rent
$2,095
Required Monthly Fees
$80
Total Monthly Price
$2,175
Powers Ridge Rental Condos
1321 Lake Dr WChanhassen, MN 55317
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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
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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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
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1 to 2 Bedroom Apartments
Greenwood Manor
5205 Greenwood CirExcelsior, MN 55331
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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
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1 to 2 Bedroom Apartments
The Stax of Long Lake
455 Virginia AveLong Lake, MN 55356
13570 Technology Dr.
Eden PrairieMN55344
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.
4887 Edgewater Dr
MoundMN55364
704 Robinwood Ln
HopkinsMN55305
4944 Bayswater Rd
MinnetonkaMN55345
Showing Results 1-39, 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 | $1,418 | $1,100 | $1,664 |
| Greenwood 1 Bedroom Apartments | $1,747 | $1,175 | $2,812 |
| Greenwood 2 Bedroom Apartments | $2,287 | $1,295 | $8,950 |
| Greenwood 3 Bedroom Apartments | $2,868 | $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 Studio unit found at Hunters Ridge in the Glen Lake neighborhood priced from $1,085. Bayview Apartments in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunters Ridge | Crystal | Studio,1BA | $1,085 |
| Bayview Apartments | Studio | Studio,1BA | $1,100 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,175 |
| Shorewood Place Apartments | 2 Bedroom | 2BR,1BA | $1,295 |
| Stratford Wood | Timberland | 1BR,1BA | $1,313 |
| Sterling Ponds Apartments | Senior 1A | 1BR,1BA | $1,320 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1,400 |
| Shadow Green Apartments | Oak | 2BR,1BA | $1,416 |
| Morse Manor | One bedroom, one bathroom | 1BR,1BA | $1,575 |
| Lake Susan Apartments | Oak | 1BR,1BA | $1,599 |
Best Value Apartments for Rent in Greenwood, MN and Nearby
As of May 21, 2026 the best value apartment in the Greenwood area is the $2.14 price per square foot Tiller Townhome Model at Carrick Apartments and Townhomes in the in the Pinehurst neighborhood starting from $3,510. The second greatest value Greenwood apartment is the Elm Model at Shadow Green Apartments starting at $1,916 with a $1.57 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carrick Apartments and Townhomes | Tiller Townhome | 2BR,2.5BA | $2.14 |
| Shadow Green Apartments | Elm | 3BR,2BA | $1.57 |
| Shorewood Place Apartments | 2 Bedroom | 2BR,1BA | $1.34 |
| Heritage Park Apartments | 2C - 2 Bedroom Corner | 2BR,2BA | $1.94 |
| Lake Susan Apartments | Oak | 1BR,1BA | $1.95 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.77 |
| Stratford Wood | Timberland | 1BR,1BA | $1.88 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.69 |
| Sterling Ponds Apartments | Senior 1A | 1BR,1BA | $2.08 |
| 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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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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenwood, MN Rentals by Map
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 $1,175 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 $1,295 at Shorewood Place Apartments.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Shadow Green Apartments and starts from $1,916.
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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