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$1,000 - $1,950
Plus Fees
Studio to 3 Bedroom Apartments Available NowBayview Apartments
2400 Interlachen RdSpring Park, MN 55384
Cheap Apartments for Rent in Greenwood, MN from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.
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$1,011 - $4,806
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$941 - $4,736
Required Monthly Fees
$70
Total Monthly Price
$1,011 - $4,806
Stratford Wood
18900 Stratford RdMinnetonka, MN 55345
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$1,075 - $1,680
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,075 - $1,680
Total Monthly Price
$1,075 - $1,680
Hunters Ridge
19000 Stratford RdMinnetonka, MN 55345
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$1,080 - $1,475
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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Rent Specials
$1,145 - $2,095
Plus Fees
Studio to 3 Bedroom Apartments Available NowWayzata Lake Apartments
412 Wayzata BlvdWayzata, MN 55391
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$1,150 - $1,950
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowMinnetonka Edgewater
4177 Shoreline DrSpring Park, MN 55384
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$1,160 - $1,505
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Dec 10Chanhassen Village
7701 Chanhassen RdChanhassen, MN 55317
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$1,174 - $3,481
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,099 - $3,406
Required Monthly Fees
$75
Total Monthly Price
$1,174 - $3,481
The Ellie
8075 Eden Prairie RdEden Prairie, MN 55347
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$1,250 - $1,375
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1 to 2 Bedroom Apartments Available NowShorewood Place Apartments
5540 Cr-19Shorewood, MN 55331
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$1,255 - $2,315
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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
$19
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$1,255 - $2,315
Oaks Glen Lake Apartments
14414 Stewart LnMinnetonka, MN 55345
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$1,271 - $1,916
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,250 - $1,895
Required Monthly Fees
$21
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$1,271 - $1,916
Shadow Green Apartments
14247 Valley View RdEden Prairie, MN 55344
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$1,320 - $1,975
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1 to 2 Bedroom Apartments Available NowSterling Ponds Apartments
16315 Wagner WayEden Prairie, MN 55344
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$1,320
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowBay Pointe Apartments
840-846 3rd AveExcelsior, MN 55331
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$1,395 - $1,945
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $1,945
Total Monthly Price
$1,395 - $1,945
Wayzata Woods
240 Central Ave NWayzata, MN 55391
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$1,405 - $2,934
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Studio to 3 Bedroom Apartments Available NowSprings at McKnight Lake
3 Oakridge DrChaska, MN 55318
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$1,425 - $1,515
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1 Bedroom Apartments Available NowGreenwood Manor
5205 Greenwood CirExcelsior, MN 55331
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$1,499 - $3,444
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,495 - $3,440
Required Monthly Fees
$4
Total Monthly Price
$1,499 - $3,444
Venue
541 W 78th StChanhassen, MN 55317
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$1,535 - $1,980
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1 to 2 Bedroom Apartments Available NowHeritage Park Apartments
425 Chan VwChanhassen, MN 55317
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$1,540 - $4,631
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1 to 3 Bedroom Apartments Available NowLake Susan Apartments
8260 Market BlvdChanhassen, MN 55317
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$1,570 - $2,720
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,570 - $2,720
Total Monthly Price
$1,570 - $2,720
Gleason Lake
155 Gleason Lake RdWayzata, MN 55391
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$1,585 - $2,570
Plus Fees
1 to 2 Bedroom Apartments Available Nov 15Quail Ridge Apartments
7365 Howard LnEden Prairie, MN 55346
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917 11th Ave S
HopkinsMN55343
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906 9th Ave S
HopkinsMN55343
15280 Lesley Ln
Eden PrairieMN55346
Showing Results 1-27, 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 | $1,284 | $1,000 | $1,553 |
| Greenwood 1 Bedroom Apartments | $1,598 | $1,011 | $2,812 |
| Greenwood 2 Bedroom Apartments | $2,252 | $1,325 | $7,500 |
| Greenwood 3 Bedroom Apartments | $2,700 | $1,350 | $5,710 |
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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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 $1,080. Wayzata Lake Apartments in the Groveland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,145. 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 | $1,080 |
| Wayzata Lake Apartments | 1BR/1.0BA | 1BR,1BA | $1,145 |
| Minnetonka Edgewater | Newly Renovated Studio | Studio,1BA | $1,150 |
| The Ellie | Studio | AFF - 50% AMI | Studio,1BA | $1,174 |
| Hunters Ridge | Jennings | 1BR,1BA | $1,250 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
| Bayview Apartments | 1BR | 1BR,1BA | $1,250 |
| Stratford Wood | Timberland Deluxe | 1BR,1BA | $1,266 |
| Shadow Green Apartments | Maple | 1BR,1BA | $1,271 |
| Sterling Ponds Apartments | Senior 1A | 1BR,1BA | $1,320 |
Best Value Apartments for Rent in Greenwood, MN and Nearby
As of November 14, 2025 the best value apartment in the Greenwood area is the $1.76 price per square foot Windsor Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,525. The second greatest value Greenwood apartment is the The Stratford Lodge Townhome Model at Stratford Wood starting at $2,200 with a $1.63 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. |
|---|---|---|---|
| Saddlewood Park Townhomes | Windsor | 3BR,2.5BA | $1.76 |
| Stratford Wood | The Stratford Lodge Townhome | 3BR,1.5BA | $1.63 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Powers Ridge Rental Condos | 2BR/1.0BA | 2BR,1BA | $1.72 |
| Bayview Apartments | 1BR | 1BR,1BA | $1.39 |
| Excelsior Manor Apartments | 2BR 1BA - 1st Floor | 2BR,1BA | $1.60 |
| Greenwood Manor | One Bedroom A | 1BR,1BA | $1.74 |
| Wayzata Lake Apartments | 1BR/1.0BA | 1BR,1BA | $1.43 |
| Shadow Green Apartments | Maple | 1BR,1BA | $1.63 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Greenwood, MN
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Minnetonka Edgewater listed at $1,150.
How much is rent for a Cheap One Bedroom Greenwood Apartment?
The lowest price for a Cheap One Bedroom Greenwood Apartment is $1,080 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 $1,200 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 Shadow Green Apartments and starts from $1,916.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.