
Cheap Apartments for Rent in Greenwood, MS from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.


617 W Market St

MALMAISON VILLAS

Parkway Place

Woodland Plaza

Sidon Estates

Country Club
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.

Delta Village Mobile Home Community

Glendale Apartments

Farmview Estates

Sunset Village Apartments

Bowmanor Garden Apartments

Yazoo Estates

Grenada Estates
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.

Broadway Commons

Cypresswoods Apartments

Anderson Estates

The Links & The Greens at Oxford

The Mark

Cottonwood

Heritage Park
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.

33121 Co Rd 512

32800 Co Rd 512

Oakwood Estates

Pine Grove Apartments

456 Stone St

72 Tammy Ln

629 Catalpa St
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.

X - Anderson Grove
Greenwood, MS Local Guide

How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood Studio Apartments | $1,013 | $550 | $1,168 |
| Greenwood 1 Bedroom Apartments | $1,433 | $600 | $2,295 |
| Greenwood 2 Bedroom Apartments | $1,690 | $700 | $2,645 |
| Greenwood 3 Bedroom Apartments | $1,965 | $750 | $3,075 |
| Greenwood 4 Bedroom Apartments | $1,486 | $699 | $3,200 |
Browse Top Apartments in Greenwood
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Greenwood, MS Local Guide
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Cheapest Available Greenwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Greenwood, MS is a 1 Bed unit found at Country Club priced from $600. Delta Village Mobile Home Community has the second lowest priced unit, which is a 3 Beds apartment currently listed from $650. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Country Club | 1x1Country Club | 1BR,1BA | $600 |
| Delta Village Mobile Home Community | 3 Bedroom 2 Bath STD | 3BR,2BA | $650 |
| Glendale Apartments | 1BR/1BA | 1BR,1BA | $653 |
| Flatts at South Campus | 4 Bedroom (D3) | 4BR,3BA | $699 |
| Farmview Estates | 2X1 | 2BR,1BA | $700 |
| Sunset Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $710 |
| Yazoo Estates | 2x1 | 2BR,1BA | $800 |
| Grenada Estates | 2x2 | 2BR,2BA | $807 |
| Broadway Commons | 2x1 | 2BR,1BA | $834 |
| The Links & The Greens at Oxford | Custom | Links | 1BR,1BA | $900 |
Best Value Apartments for Rent in Greenwood, MS and Nearby
As of June 10, 2026 the best value apartment in the Greenwood area is the $0.39 price per square foot The Roman Model at Villa West in the starting from $899. The second greatest value Greenwood apartment is the 4 Bedroom (D1) Model at Flatts at South Campus starting at $729 with a $0.52 price per square foot in the The Square 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. |
|---|---|---|---|
| Villa West | The Roman | 4BR,3BA | $0.39 |
| Flatts at South Campus | 4 Bedroom (D1) | 4BR,4BA | $0.52 |
| Redpoint Oxford | 2 Bedroo, 2.5 Bathroom | 2BR,2.5BA | $0.83 |
| Grenada Estates | 2x2 | 2BR,2BA | $0.74 |
| Broadway Commons | 2x1 | 2BR,1BA | $0.83 |
| Delta Village Mobile Home Community | 3 Bedroom 2 Bath STD | 3BR,2BA | $0.68 |
| Bowmanor Garden Apartments | 2BD/1.5BA (Townhouse) | 2BR,1.5BA | $1.02 |
| Farmview Estates | 2X1 | 2BR,1BA | $0.78 |
| Glendale Apartments | 1BR/1BA | 1BR,1BA | $0.87 |
| Country Club | 1x1Country Club | 1BR,1BA | $0.88 |
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.
Read ArticleReal 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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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Greenwood, MS
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 $600 at Country Club.
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 $700 at Farmview Estates.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.