
Cheap Apartments for Rent in Greenwood, TX from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.


Alvord Hills Apartments

Residences at the Union

The Cluster Apartments
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.

Prairie Hollow Apartments

Concrete Jungle Properties-DENTON

Pecan Grove Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Wolf Ridge Apartments

Bonnie Green Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1360 Madeline Ln

104 E Shoemaker St
Greenwood, TX Local Guide

How much does it cost to rent an apartment in Greenwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood Studio Apartments | $1,294 | $850 | $1,499 |
Greenwood 1 Bedroom Apartments | $1,439 | $532 | $2,310 |
Greenwood 2 Bedroom Apartments | $1,663 | $631 | $2,545 |
Greenwood 3 Bedroom Apartments | $2,273 | $899 | $3,248 |
Greenwood 4 Bedroom Apartments | $2,309 | $799 | $6,500 |
Browse Top Apartments in Greenwood
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Greenwood, TX Local Guide
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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. Park Place Denton in the Eaglechase neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $799. Here is today’s list of the most affordable Greenwood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Legacy Trails of Decatur - 55 Plus Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $532 |
Park Place Denton | 4x4 Premium | 4BR,4BA | $799 |
Prairie Hollow Apartments | Loft | 1BR,1BA | $860 |
Concrete Jungle Properties-DENTON | Edge | 1BR,1BA | $895 |
Pecan Grove Apartments | Efficiency | Studio,1BA | $895 |
Best Value Apartments for Rent in Greenwood, TX and Nearby
As of June 04, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Residences at Rayzor Ranch | 3231F | 3BR,2.5BA | $1.48 |
Beall Way | Maple | 3BR,2BA | $1.47 |
Gardens of Denton Apartments | Lilac | 2BR,2BA | $1.47 |
Cooper Denton | B1 | 2BR,2BA | $1.62 |
Park Place | 2 Bedroom | 2BR,1.5BA | $1.58 |
32hundred Windsor | 1 Bed, 1 Bath | 1BR,1BA | $1.56 |
Legacy Trails of Decatur - 55 Plus Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.71 |
Alvord Hills Apartments | 2 Bed/ 1 Bath | 2BR,1BA | $1.60 |
Emerald Lane | 1 Bedroom 1 Bath | 1BR,1BA | $1.59 |
Prairie Hollow Apartments | Loft | 1BR,1BA | $1.69 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleGreenwood, TX
Ranked #269
Among cities in Texas for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenwood, TX Rentals by Map
See the most popular apartments and homes in Greenwood, TX
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 Pecan Grove Apartments listed at $895.
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 Park Place Denton and starts from $899.
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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.