810 9th Ave S
HopkinsMN55343
Cheap Homes for Rent in Greenwood, MN from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Greenwood.
948 Westbrooke Way
HopkinsMN55343
908 9th Ave S
HopkinsMN55343
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.
1027 Smetana Rd
HopkinsMN55343
902 9th Ave S
HopkinsMN55343
711 11th Ave S
HopkinsMN55343
4470 Denbigh Rd
MoundMN55364
5978 Chasewood Pkwy
MinnetonkaMN55343
753 8th Ave S
HopkinsMN55343
2726 Upland Ct
MinneapolisMN55447
8850 Jasmine Ln
Eden PrairieMN55344
13081 Crimson Clover Ln
Eden PrairieMN55347
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $1,877 | $1,250 | $2,600 |
| Greenwood 3 Bedroom Homes for Rent | $3,193 | $1,495 | $7,500 |
| Greenwood 4 Bedroom Homes for Rent | $4,253 | $2,695 | $7,495 |
| Greenwood 5 Bedroom Homes for Rent | $7,623 | $3,395 | $10,000+ |
| Greenwood 6 Bedroom Homes for Rent | $4,400 | $4,400 | $4,400 |
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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 Hunters Ridge in the Glen Lake neighborhood priced from $1,200. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. 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 | $1,200 |
| Christmas Lake Manor Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1,200 |
| Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,1BA | $1,250 |
| Bay Pointe Apartments | 1 BR 1BA - Upgraded | 1BR,1BA | $1,290 |
| Sterling Ponds Apartments | Senior 1A | 1BR,1BA | $1,320 |
Best Value Apartments for Rent in Greenwood, MN and Nearby
As of June 18, 2025 the best value apartment in the Greenwood area is the $1.66 price per square foot Hawthorne Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,299. The second greatest value Greenwood apartment is the 1A Model at Lake Hazeltine Woods starting at $2,045 with a $1.67 price per square foot in the Laketown Colonial Townhomes 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 | Hawthorne | 2BR,1.5BA | $1.66 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Greenwood Manor | One Bedroom B | 1BR,1BA | $1.26 |
| Shadow Green Apartments | Norway | 2BR,1BA | $1.53 |
| Christmas Lake Manor Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1.24 |
| Chanhassen Village | 2BR 1BA-U | 2BR,1BA | $1.46 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.71 |
| Stratford Wood | Timberland + Den | 1BR,1BA | $1.70 |
| Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,1BA | $1.72 |
| Hunters Ridge | Jennings | 1BR,1BA | $1.72 |
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Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 62 Apartments for Rent in Greenwood, MN with pricing that ranges from $850 to $9,395. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $1,249 to $15,975.
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 $1,249 to $15,975 with an average monthly rent of $3,779.
How much are larger Three and Four Bedroom Rentals in Greenwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greenwood range from $1,350 to $9,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $3,549.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.