Cheap Apartments for Rent in Greenwood, MS from $500 (30 Rentals)

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Parkway Place
3 Bedroom Apartments

Parkway Place

801 Elena LnGreenwood, MS 38930

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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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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property at 232 Oregon St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

232 Oregon St

GreenvilleMS38703
property at 1476 Marilyn Ave

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

4 Bedroom, 1 Bath Home for Rent

Available Now

1476 Marilyn Ave

GreenvilleMS38703

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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Oakwood Estates
1 to 3 Bedroom Apartments

Oakwood Estates

1457 Oakwood DrGreenville, MS 38701
  • Utilities Included

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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Anderson Grove
1 to 2 Bedroom Apartments

Anderson Grove

1903 Anderson RdOxford, MS 38655
Showing Results 1-30, Page 1 of 1

Greenwood, MS Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, MS is a 3 Beds unit found at Delta Village Mobile Home Community priced from $650. Flatts at South Campus in the The Square neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
Flatts at South Campus4 Bedroom (D3)4BR,3BA$699
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$710
Grenada Estates2x22BR,2BA$807
The Links & The Greens at OxfordCustom | Links1BR,1BA$900
Heritage Park2 Bedroom Two Bathroom2BR,2BA$912
Archive Oxford4 Bedroom, 4 Bath Townhome 2 LVL4BR,4BA$979
The RanchCabin2BR,1BA$1,525
Lexington Pointe Apartment HomesThe Swayze1BR,1BA$1,625
The Azul Apartment HomesYale1BR,1BA$1,750

Best Value Apartments for Rent in Greenwood, MS and Nearby

As of April 26, 2026 the best value apartment in the Greenwood area is the $1.90 price per square foot The Fable Model at Faulkner Flats Apartment Homes in the in the The Square neighborhood starting from $2,600. The second greatest value Greenwood apartment is the 2x2 Model at Grenada Estates starting at $807 with a $0.74 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.
Faulkner Flats Apartment HomesThe Fable3BR,2BA$1.90
Grenada Estates2x22BR,2BA$0.74
Cambridge Station Apartment Homes2 Bedroom/2 Bathroom2BR,2BA$1.81
Flatts at South Campus3 Bedroom (C1)3BR,3BA$0.89
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$0.68
Heritage Park2 Bedroom Two Bathroom2BR,2BA$0.98
The RanchCabin2BR,1BA$1.79
Lexington Pointe Apartment HomesThe Swayze1BR,1BA$2.11
The Links & The Greens at OxfordClassic Deluxe IV | Greens1BR,1BA$1.66
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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Cash 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Greenwood, MS Rentals by Map

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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 $710 at Sunset Village Apartments.

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 $785 at Sunset Village Apartments.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Delta Village Mobile Home Community and starts from $650.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.