
Cheap Homes for Rent in Greenwood, MN from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Greenwood.


903 11th Ave S

907-911 11th Ave S

930 6th St S

4407 Wilshire Blvd

906 9th Ave S

1006 Westbrooke Way

205 Barry Ave

5607 Green Cir Dr

215 Barry Ave

8535 Cardiff Ln
Greenwood, MN Local Guide

How much does it cost to rent a home in Greenwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood 2 Bedroom Homes for Rent | $1,951 | $1,200 | $2,750 |
Greenwood 3 Bedroom Homes for Rent | $3,041 | $1,799 | $7,500 |
Greenwood 4 Bedroom Homes for Rent | $3,898 | $2,500 | $8,600 |
Greenwood 5 Bedroom Homes for Rent | $6,903 | $2,550 | $10,000+ |
Greenwood 6 Bedroom Homes for Rent | $12,297 | $4,600 | $10,000+ |
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Greenwood, MN Local Guide
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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. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,105. 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 |
Hunters Ridge | Crystal | Studio,1BA | $1,105 |
Minnetonka Edgewater | Newly Renovated Studio | Studio,1BA | $1,150 |
Stratford Wood | Sapling | Studio,1BA | $1,199 |
Wayzata Lake Apartments | 0BR/1.0BA | Studio,1BA | $1,275 |
Best Value Apartments for Rent in Greenwood, MN and Nearby
As of September 20, 2025 the best value apartment in the Greenwood area is the $1.67 price per square foot 2 Bed 2 Bath Model at The Mist on Lake Minnetonka in the in the Outlying Hennepin Far Western Suburbs neighborhood starting from $3,135. The second greatest value Greenwood apartment is the Windsor Model at Saddlewood Park Townhomes starting at $2,350 with a $1.64 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. |
---|---|---|---|
The Mist on Lake Minnetonka | 2 Bed 2 Bath | 2BR,2BA | $1.67 |
Saddlewood Park Townhomes | Windsor | 3BR,2.5BA | $1.64 |
Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
Powers Ridge Rental Condos | 2BR/2.0BA | 2BR,2BA | $1.69 |
Bayview Apartments | 2BR | 2BR,2BA | $1.75 |
Greenwood Manor | One Bedroom A | 1BR,1BA | $1.74 |
Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.84 |
Shadow Green Apartments | Maple | 1BR,1BA | $1.68 |
Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
Hunters Ridge | Crystal | Studio ,1BA | $1.92 |
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Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 58 Apartments for Rent in Greenwood, MN with pricing that ranges from $1,000 to $7,500. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $1,150 to $19,995.
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 $1,150 to $19,995 with an average monthly rent of $4,905.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.