Cheap Apartments for Rent in Greenwood, MO from $777 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in Greenwood.

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Summit Ridge Apartments
Rent Specials
$1,360 - $2,658

Total Monthly Price

Base Rent$1,360 - $2,658
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Summit Ridge Apartments

701 NE Tudor RdLee's Summit, MO 64086
Corporate Housing
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Residences at Echelon
$1,373 - $8,043

Total Monthly Price

Base Rent$1,373 - $8,043
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Residences at Echelon

3500 SW Hollywood DrLee's Summit, MO 64082
Corporate Housing
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Donovan
Rent Specials
$1,404 - $2,889

Total Monthly Price

Base Rent$1,404 - $2,889
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Donovan

837 Donovan RdLee's Summit, MO 64086
Luxury
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Wilshire Hills III
1 to 2 Bedroom Apartments

Wilshire Hills III

3200 Northeast Wilshire DriveLee's Summit, MO 64064
Senior Living
property at 309 SE Grand Ave
$890
1 Bedroom Rentals
Available Nov 24
Affordability

309 SE Grand Ave

Lee's SummitMO64063

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Le Grand Apartments
1 to 2 Bedroom Apartments

Le Grand Apartments

305 SE Grand AveLee's Summit, MO 64063
Senior Living
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Century West Pryor
1 to 2 Bedroom Apartments

Century West Pryor

940 NW Pryor RdLee's Summit, MO 64081
Corporate Housing

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.

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Summit Square
1 to 2 Bedroom Apartments

Summit Square

789 NW Donovan RdLee's Summit, MO 64086
Showing Results 1-42, Page 1 of 1

Greenwood, MO Local Guide

Cheapest Neighborhoods for Apartments in Greenwood, MO

Pricing Updated: 09/17/2026

Current apartment rentals in the Greenwood, MO area range in price from $777 to $2,150 with an overall median price of $1,625. Here is today’s list neighborhoods with the lowest median pricing for Greenwood Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Arrowhead$1,625$77719

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, MO is a 2 Beds unit found at The Lodge Apartments in the Henley Meadows neighborhood priced from $950. The Clearing in the Henley Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Lodge ApartmentsRehab Unit2BR, 1BA$950
The Clearing1 Bed, 1 Bath - 830 SF1BR, 1BA$999
View at 98One Bedroom, One Bathroom Den1BR, 1BA$1,000
Maple EstatesME - 1 Bedroom 1 Bath Apartment1BR, 1BA$1,111
Lofts at Fox RidgeHowlite ll1BR, 1BA$1,229
The Manor Homes of Eagle GlenHarrier1BR, 1BA$1,263
The Depot Luxury ApartmentsThe Bungalow Plus1BR, 1BA$1,287
Summit CrossingA11BR, 1BA$1,294
Century West PryorAthens1BR, 1BA$1,322
New LongviewA11BR, 1BA$1,342

Best Value Apartments for Rent in Greenwood, MO and Nearby

As of September 17, 2026 the best value apartment in the Greenwood area is the $1.66 price per square foot Forerun Model at Vanguard Villas in the Highview Estates neighborhood starting from $3,095. The second greatest value Greenwood apartment is the B1 Model at Ascend in the Bel-Ray Estates neighborhood starting at $1,899 with a $1.43 price per square foot. Here is today’s list of the best values for Greenwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Vanguard VillasForerun3BR, 2.5BA$1.66
AscendB13BR, 2BA$1.43
Chapel Ridge TownhomesGraystone 12BR, 2.5BA$1.56
Chapman Ridge TownhomesBirch2BR, 2.5BA$1.33
Eagle Creek3BR/2.0BA3BR, 2BA$1.41
Crossroads of Lee's Summit2 bedroom Ranch2BR, 2BA$1.53
View at 98One Bedroom, One Bathroom Den1BR, 1BA$1.11
Meridian at View HighHastings1BR, 1BA$1.67
The Lodge ApartmentsRehab Unit2BR, 1BA$1.22
The Clearing1 Bed, 1 Bath - 630 SF1BR, 1BA$1.59

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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Location, Location, Location!

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Frequently Asked Questions about Cheap Greenwood Apartments

How much is rent for a Cheap One Bedroom Greenwood Apartment?

The lowest price for a Cheap One Bedroom Greenwood Apartment is $999 at The Clearing.

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 $950 at The Lodge Apartments.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at The Clearing and starts from $1,300.

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.

Articles, How-To's, and Tips

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.