Cheap Apartments for Rent in Greenwood, TX from $500 (54 Rentals)

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

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Bonnie Green Apartments
$895 - $1,300
Total Monthly Price

Total Monthly Price

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$895 - $1,300
Total Monthly Price
$895 - $1,300
1 to 2 Bedroom Apartments Available Now

Bonnie Green Apartments

101-121 S Bonnie Brae StDenton, TX 76201
Affordability
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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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The Beverley at Denton
Rent Specials
$1,089 - $2,728
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$1,089 - $2,728
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1 to 3 Bedroom Apartments Available Now

The Beverley at Denton

3500 N Bonnie Brae StDenton, TX 76207
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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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Retreat at Krum
Rent Specials
$1,456 - $2,181
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$1,456 - $2,181
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1 to 3 Bedroom Apartments Available Now

Retreat at Krum

3201 Hopkins RdDenton, TX 76249
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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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Yardly Elm
Rent Specials
$1,483 - $2,184
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Base Rent
$1,483 - $2,184
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1 to 2 Bedroom Apartments Available Now

Yardly Elm

4005 N Elm StDenton, TX 76207
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Resia Rayzor Ranch
Rent Specials
$1,527 - $3,351
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$1,527 - $3,351
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1 to 3 Bedroom Apartments Available Now

Resia Rayzor Ranch

3130 Heritage Trail BlvdDenton, TX 76201
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Luxe of Denton
Rent Specials
$1,589 - $3,204
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Total Monthly Price

Base Rent
$1,589 - $3,204
Total Monthly Price
$1,589 - $3,204
1 to 4 Bedroom Apartments Available Now

Luxe of Denton

4770 Luxe LnDenton, TX 76207
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Mansions of Denton
Rent Specials
$1,604 - $3,324
Total Monthly Price

Total Monthly Price

Base Rent
$1,604 - $3,324
Total Monthly Price
$1,604 - $3,324
1 to 4 Bedroom Apartments Available Now

Mansions of Denton

3272 W Ganzer RdDenton, TX 76207
Family Friendly
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Zodiac Apartments
Studio to 1 Bedroom Apartments

Zodiac Apartments

2500 W Hickory StDenton, TX 76201
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Reserve at Decatur
1 to 2 Bedroom Apartments

Reserve at Decatur

217 N Chico AveDecatur, TX 76234
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Emerald Lane
1 to 2 Bedroom Apartments

Emerald Lane

3401 Joyce LnDenton, TX 76207
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The Brae
1 to 2 Bedroom Apartments

The Brae

2520 Panhandle StreetDenton, TX 76201

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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Live Oak Apartments
Studio to 1 Bedroom Apartments

Live Oak Apartments

2505 Stella StDenton, TX 76201
Student Housing
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Alvord Hills Apartments
1 to 2 Bedroom Apartments

Alvord Hills Apartments

195 Private Road 2386Alvord, TX 76225
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2266 W Oak St
Studio to 2 Bedroom Apartments

2266 W Oak St

2266 W Oak StDenton, TX 76201

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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Greenwood, TX Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, TX is a 1 Bed unit found at Legacy Trails of Decatur - 55 Plus Apartments priced from $532. The Crossing Apartments in the Eaglechase neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Legacy Trails of Decatur - 55 Plus Apartments1 Bedroom 1 Bath1BR,1BA$532
The Crossing Apartments1br/1ba1BR,1BA$795
Holly Tree1bd (Jr. Room)1BR,1BA$795
The Cluster ApartmentsJunior 1 Bedroom1BR,1BA$795
Concrete Jungle Properties-DENTONCenter Stage1BR,1BA$825
Residences at the Union1 bedroom 1 bath1BR,1BA$849
Cooper DentonA11BR,1BA$850
Prairie Hollow ApartmentsLoft1BR,1BA$860
Bonnie Green Apartments1 Bedroom1BR,1BA$895
Wolf Ridge ApartmentsStudioStudio,1BA$899

Best Value Apartments for Rent in Greenwood, TX and Nearby

As of June 11, 2026 the best value apartment in the Greenwood area is the $1.35 price per square foot 4231F Model at The Residences at Rayzor Ranch in the in the University Park neighborhood starting from $2,449. The second greatest value Greenwood apartment is the Beall Way - Reed Model at Beall Way starting at $2,360 with a $1.37 price per square foot in the University Park neighborhood. 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.
The Residences at Rayzor Ranch4231F4BR,3.5BA$1.35
Beall WayBeall Way - Reed4BR,2BA$1.37
Birchway SangerC13BR,2BA$1.53
Park Place Denton4x44BR,4BA$0.53
32hundred Windsor1 Bed, 1 Bath1BR,1BA$1.42
Legacy Trails of Decatur - 55 Plus Apartments1 Bedroom 1 Bath1BR,1BA$0.71
Cooper DentonA21BR,1BA$1.26
Bonnie Green Apartments1 Bedroom1BR,1BA$1.43
Iconic VillageA11BR,1BA$1.43
The Crossing Apartments1br/1ba1BR,1BA$1.39

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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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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Remember the 3 Rules of Real Estate:
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 $532 at Legacy Trails of Decatur - 55 Plus 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 $631 at Legacy Trails of Decatur - 55 Plus Apartments.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at The Talon and starts from $1,395.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

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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.