
Cheap Apartments for Rent near Greenwood, VA from $600 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenwood.


Total Monthly Price
Crozet Meadows Apartments

Timberland Park

303 N Delphine Ave

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Waterford Village

Brandon Ladd Apartments & Townhomes

Spark Charlottesville

Hearthwood

Total Monthly Price
University Heights

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Quadrangle
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Barclay Place

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Augusta Farms

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Summercrest Apartments

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Jefferson Commons

Westgate Apartments

Old Trail Village

Wertland Square

Hickory Hope Apartments

Park's Edge Apartments

Denstock Goose Creek LLC
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Villas at Southern Ridge

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Windigrove Apartments

Brookdale Apartments

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Woodlane Apartments

29 Central at Stonefield

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Jefferson Ridge

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Elevate Town Center

The Vue

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The Summit Apartment Homes

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Woodgate
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.

Pinnacle Ridge Apartments

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Beacon on 5th

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The Perch on Commonwealth

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5th Street Place

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Blue Ridge Crossing Apartments & Townhomes

MAA Stonefield

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5 Row Apartments

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The Jeffersonian

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Lakeside Apartments

The Woodlands of Charlottesville
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.

Maximilian at Stonefield

Attain on 5th

404 Cherry Ave

AP7013 - 1920 Swanson Drive

Culbreth Court Apartments

Crestview Apartments

17 Rosewood Ct

1384 5th St

38 Rosette Ln

Arbor Crest Apartments
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.
Greenwood, VA Local Guide

How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood Studio Apartments | $1,860 | $1,236 | $2,161 |
| Greenwood 1 Bedroom Apartments | $1,779 | $600 | $2,601 |
| Greenwood 2 Bedroom Apartments | $1,964 | $895 | $3,411 |
| Greenwood 3 Bedroom Apartments | $2,185 | $1,120 | $4,181 |
| Greenwood 4 Bedroom Apartments | $2,005 | $1,285 | $3,738 |
Browse Top Apartments in Greenwood
See all Apartments in GreenwoodExplore Greenwood
Greenwood, VA Local Guide
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Cheapest Available Greenwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Greenwood, VA is a 1 Bed unit found at Crozet Meadows Apartments priced from $810. Timberland Park in the Johnson Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crozet Meadows Apartments | 50% | 1BR,1BA | $810 |
| Timberland Park | 2 Bedroom | 2BR,2BA | $899 |
| Brandon Ladd Apartments & Townhomes | Phase 3 - 1 Bed/1 Bath - Unrenovated | 1BR,1BA | $1,075 |
| Waterford Village | 3 Bedroom 2 Bath | 3BR,2BA | $1,120 |
| AP7013 - 1920 Swanson Drive | 1BR/1.0BA | 1BR,1BA | $1,195 |
| Hearthwood | Studio | Studio,1BA | $1,236 |
| University Heights | The Keswick | 1BR,1BA | $1,260 |
| Summercrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,275 |
| Jefferson Commons | A4X2 Renovated | 4BR,2BA | $1,285 |
| The Pavilion at North Grounds | 3 Bed 3 Bath - C4 | 3BR,3BA | $1,289 |
Best Value Apartments for Rent in Greenwood, VA and Nearby
As of August 23, 2026 the best value apartment in the Greenwood area is the $1.64 price per square foot C4TH - Keswick Model at Beacon on 5th in the in the Ridge Street neighborhood starting from $2,679. The second greatest value Greenwood apartment is the A4X2 Renovated Model at Wertland Square starting at $1,315 with a $0.96 price per square foot in the 10th and Page 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. |
|---|---|---|---|
| Beacon on 5th | C4TH - Keswick | 3BR,3.5BA | $1.64 |
| Wertland Square | A4X2 Renovated | 4BR,2BA | $0.96 |
| Waterford Village | 3 bedroom 2 Bath | 3BR,2BA | $0.93 |
| Augusta Farms | 3 Bed | 3BR,2BA | $1.36 |
| Timberland Park | 3 Bedroom | 3BR,2BA | $1.51 |
| Brookdale Apartments | 2br/bd | 2BR,2BA | $1.58 |
| Quadrangle | 3BED | 3BR,2BA | $1.57 |
| The Pavilion at North Grounds | 2 Bed 2 Bath - B2 | 2BR,2BA | $1.54 |
| Villas at Southern Ridge | The Ivy | 2BR,2BA | $1.63 |
| Crozet Meadows Apartments | 50% | 1BR,1BA | $1.31 |
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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleGreenwood, VA
Ranked #29
Among cities in Virginia 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, VA Rentals by Map
See the most popular apartments and homes in Greenwood, VA
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 Hearthwood listed at $1,236.
How much is rent for a Cheap One Bedroom Greenwood Apartment?
The lowest price for a Cheap One Bedroom Greenwood Apartment is $810 at Crozet Meadows 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 $899 at Timberland Park.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Waterford Village and starts from $1,120.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.