Cheap Apartments for Rent in Greenwood, TX from $500 (19 Rentals)

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Alvord Hills Apartments
1 to 2 Bedroom Apartments

Alvord Hills Apartments

195 Private Road 2386Alvord, TX 76225
  • Utilities Included
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Emerald Lane
1 to 2 Bedroom Apartments

Emerald Lane

3401 Joyce LnDenton, TX 76207
  • Utilities Included
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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. Concrete Jungle Properties-DENTON in the Eaglechase neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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
Concrete Jungle Properties-DENTONCharlotte Place- Newly Renovated1BR,1BA$799
Residences at the Union1 bedroom 1 bath1BR,1BA$799
Prairie Hollow ApartmentsLoft1BR,1BA$860
Zodiac ApartmentsStudioStudio,1BA$875

Best Value Apartments for Rent in Greenwood, TX and Nearby

As of September 16, 2025 the best value apartment in the Greenwood area is the $1.55 price per square foot 4482 Model at The Residences at Rayzor Ranch in the in the University Park neighborhood starting from $2,899. The second greatest value Greenwood apartment is the Beall Way - Lily Model at Beall Way starting at $2,195 with a $1.40 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 Ranch44824BR,3.5BA$1.55
Beall WayBeall Way - Lily3BR,2BA$1.40
32hundred Windsor2 Bed, 2 Bath2BR,2BA$1.35
Park Place2 Bedroom2BR,1.5BA$1.47
Legacy Trails of Decatur - 55 Plus Apartments1 Bedroom 1 Bath1BR,1BA$0.71
Reserve at DecaturOne Bedroom1BR,1BA$1.43
Residences at the Union2 bedroom 1 bath2BR,1BA$1.43
Emerald Lane1 Bedroom 1 Bath1BR,1BA$1.43
The Crossing Apartments1br/1ba1BR,1BA$1.71
Prairie Hollow ApartmentsLoft1BR,1BA$1.69

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Pet Friendly Lifestyle
Greenwood, TX

Ranked #412

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

What is the Cheapest Studio apartment in Greenwood?

Currently the most affordable Cheap Studio Apartment in Greenwood is at Concrete Jungle Properties-DENTON listed at $799.

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

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.