Cheap Apartments for Rent in Greenwood, TX from $500 (15 Rentals)

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Emerald Lane
1 to 2 Bedroom Apartments

Emerald Lane

3401 Joyce LnDenton, TX 76207

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-DENTONEdge1BR,1BA$799
Prairie Hollow ApartmentsLoft1BR,1BA$860
Zodiac ApartmentsStudioStudio,1BA$875
Pecan Grove ApartmentsEfficiencyStudio,1BA$895

Best Value Apartments for Rent in Greenwood, TX and Nearby

As of July 30, 2025 the best value apartment in the Greenwood area is the $1.48 price per square foot 3231F Model at The Residences at Rayzor Ranch in the in the University Park neighborhood starting from $2,399. The second greatest value Greenwood apartment is the Maple Model at Beall Way starting at $2,276 with a $1.47 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 Ranch3231F3BR,2.5BA$1.48
Beall WayMaple3BR,2BA$1.47
Cooper DentonB12BR,2BA$1.33
Park Place2 Bedroom2BR,1.5BA$1.47
32hundred Windsor1 Bed, 1 Bath1BR,1BA$1.51
Legacy Trails of Decatur - 55 Plus Apartments1 Bedroom 1 Bath1BR,1BA$0.71
Emerald Lane1 Bedroom 1 Bath1BR,1BA$1.43
Bonnie Green Apartments1 Bedroom1BR,1BA$1.76
The Crossing Apartments1br/1ba1BR,1BA$1.71
Prairie Hollow ApartmentsLoft1BR,1BA$1.69

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Pet Friendly Lifestyle
Greenwood, TX

Ranked #541

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 Zodiac Apartments listed at $875.

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 Estate Villas at Krum Apartments and starts from $1,799.

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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.