close
View Me
$1,200Studio Apartments Available Sep 1
317 2nd St, Unit 2
317 2nd StExcelsior, MN 55331
Cheap Homes for Rent near Greenwood, MN from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Greenwood.
930 Westbrooke Way
HopkinsMN55343
932 Westbrooke Way
HopkinsMN55343
1007 11th Ave S
HopkinsMN55343
4407 Wilshire Blvd
MoundMN55364
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.
13459 Zenith Ln
Eden PrairieMN55346
6010 Chasewood Pkwy
HopkinsMN55343
7689 Nicholas Way
ChanhassenMN55317
14288 Bedford Dr
Eden PrairieMN55346
close
View Me
$2,1002 Bedroom Apartments Available Oct 1
317 2nd St, Unit 1
317 2nd StExcelsior, MN 55331
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.
1602 Geske Rd
ChaskaMN55318
Showing Results 1-11, 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 a home in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 2 Bedroom Homes for Rent | $2,107 | $1,375 | $3,595 |
| Greenwood 3 Bedroom Homes for Rent | $3,999 | $2,100 | $8,995 |
| Greenwood 4 Bedroom Homes for Rent | $4,682 | $2,500 | $8,950 |
| Greenwood 5 Bedroom Homes for Rent | $8,283 | $4,800 | $10,000+ |
| Greenwood 6 Bedroom Homes for Rent | $11,995 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Greenwood
Explore Greenwood
Greenwood, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- 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 Hunters Ridge in the Glen Lake neighborhood priced from $1,220. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,305. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunters Ridge | Jennings | 1BR,1BA | $1,220 |
| Christmas Lake Manor Apartments | Two Bedroom 1.5 Bathroom | 2BR,1BA | $1,305 |
| Shadow Green Apartments | Maple | 1BR,1BA | $1,346 |
| Stratford Wood | Timberland | 1BR,1BA | $1,347 |
| The Ellie | Yarrow Alcove | Studio,1BA | $1,388 |
Best Value Apartments for Rent in Greenwood, MN and Nearby
As of August 19, 2026 the best value apartment in the Greenwood area is the $1.76 price per square foot B1 - Renovated Model at Wayzata Woods in the in the Groveland neighborhood starting from $1,850. The second greatest value Greenwood apartment is the Maple Model at Lake Susan Apartments starting at $1,833 with a $1.78 price per square foot in the Pinehurst 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. |
|---|---|---|---|
| Wayzata Woods | B1 - Renovated | 2BR,1BA | $1.76 |
| Lake Susan Apartments | Maple | 2BR,1BA | $1.78 |
| Sterling Ponds Apartments | 2C | 2BR,2BA | $1.95 |
| Minnetonka Edgewater Apartments and Boat Slips | The Steamboat | 2BR,1BA | $1.69 |
| Wayzata Lake Apartments | 3BR/1.0BA | 3BR,1BA | $1.93 |
| Shadow Green Apartments | Maple | 1BR,1BA | $1.72 |
| Quail Ridge Apartments | 1 Bedroom - Balcony | 1BR,1BA | $1.99 |
| Stratford Wood | Timberland | 1BR,1BA | $1.92 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.54 |
| Hunters Ridge | Jennings | 1BR,1BA | $1.75 |
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
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 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 Article
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.
Let everyone know!
Do you know the Greenwood area?
If you’re an expert on all things Greenwood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly Lifestyle
Ranked #
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
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 Greenwood
What type of rentals are currently available in Greenwood?
There are currently 59 Apartments for Rent in Greenwood, MN with pricing that ranges from $1,095 to $8,750. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $1,225 to $15,000.
What is the current price range for Rental Homes in Greenwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood ranges from $1,225 to $15,000 with an average monthly rent of $3,873.
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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.