917 11th Ave S
HopkinsMN55343
Cheap Homes for Rent in Greenwood, MN from $1,100 (10 Rentals)
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$1,3001 Bedroom Apartments Available Now
317 2nd St
317 2nd StExcelsior, MN 55331
4407 Wilshire Blvd
MoundMN55364
15280 Lesley Ln
Eden PrairieMN55346
533 Maple Square
WayzataMN55391
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.
4474 Denbigh Rd
MoundMN55364
7792 Village Pl
ChanhassenMN55317
5580 Shorewood Ln
ShorewoodMN55331
5420-5422 Mallard Ln
ExcelsiorMN55331
4651 Manchester Rd
MoundMN55364
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.
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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 | $2,461 | $1,399 | $4,500 |
| Greenwood 3 Bedroom Homes for Rent | $3,984 | $1,495 | $8,000 |
| Greenwood 4 Bedroom Homes for Rent | $6,536 | $3,495 | $8,995 |
| Greenwood 5 Bedroom Homes for Rent | $5,065 | $3,200 | $6,995 |
| Greenwood 6 Bedroom Homes for Rent | $3,000 | $2,200 | $3,500 |
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
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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 Studio unit found at Stratford Wood in the Glen Lake neighborhood priced from $1,079. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,080. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stratford Wood | Sapling | Studio,1BA | $1,079 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Excelsior Manor Apartments | Studio/1ba | Studio,1BA | $1,095 |
Best Value Apartments for Rent in Greenwood, MN and Nearby
As of February 20, 2026 the best value apartment in the Greenwood area is the $1.60 price per square foot Windsor Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,295. 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 The Preserve 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 | $1.60 |
| Lake Hazeltine Woods | 1A | 1BR,1BA | $1.67 |
| Bayview Apartments | 2BR | 2BR,2BA | $1.53 |
| Chanhassen Village | 2BR 1BA-U-1 | 2BR,1BA | $1.68 |
| Lake Susan Apartments | Oak | 1BR,1BA | $1.92 |
| Wayzata Woods | 1 Bedroom & 1 Bath | 1BR,1BA | $1.65 |
| Shadow Green Apartments | Maple | 1BR,1BA | $1.68 |
| Quail Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.93 |
| Shorewood Place Apartments | 1 Bedroom | 1BR,1BA | $1.85 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleEnjoy 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $9,250. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $1,150 to $8,995.
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 $8,995 with an average monthly rent of $3,711.
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
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.
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.
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.
Authentic Minneapolis: An Insiders 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.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.