Cheap Homes for Rent in Greenwood, VA from $1,300 (9 Rentals)

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

property at 26 Whiteoak Cir

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 1 Bath Home for Rent

Available Apr 12

26 Whiteoak Cir

LyndhurstVA22952
property at 605 Shepards Hill Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available May 11

605 Shepards Hill Rd

CharlottesvilleVA22903
property at 221 River Rd

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

3 Bedroom, 1 Bath Home for Rent

Available Now

221 River Rd

WaynesboroVA22980
property at 6013 Rockfish Gap Turnpike

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

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.

property at 6842 Chancery Ln

$1,510

Total Monthly Price

Total Monthly Price

Base Rent
$1,510

Total Monthly Price
$1,510

Studio, 1 Bath Condo for Rent

Available Jul 15

6842 Chancery Ln

CrozetVA22932
property at 509 5th St

$1,565

Total Monthly Price

Total Monthly Price

Base Rent
$1,565

Total Monthly Price
$1,565

3 Bedroom, 2 Bath Home for Rent

Available Apr 12

509 5th St

WaynesboroVA22980
property at 2512 Fontaine Ave Ext

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jul 10

2512 Fontaine Ave Ext

CharlottesvilleVA22903

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.

property at 3161 Monacan Trail Rd

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

3161 Monacan Trail Rd

North GardenVA22959

Greenwood, VA Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, VA is a 1 Bed unit found at Park's Edge Apartments in the The Meadows neighborhood priced from $857. Grandmarc at the Corner in the 10th and Page neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $895. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park's Edge ApartmentsA1 (40% AMI)1BR,1BA$857
Grandmarc at the Corner2Dx2S - Double w/ Shared Bath2BR,2BA$895
Waterford Village3 Bedroom 2 Bath3BR,2BA$1,075

Best Value Apartments for Rent in Greenwood, VA and Nearby

As of April 11, 2026 the best value apartment in the Greenwood area is the $1.25 price per square foot Hawthorn-Acc Model at Windigrove Apartments in the starting from $1,819. The second greatest value Greenwood apartment is the 3 Bedroom 2 Bath Model at Waterford Village starting at $1,075 with a $0.89 price per square foot . 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.
Windigrove ApartmentsHawthorn-Acc3BR,2BA$1.25
Waterford Village3 Bedroom 2 Bath3BR,2BA$0.89
Augusta Farms3 Bed3BR,2BA$1.41
Brookdale Apartments2br/bd2BR,2BA$1.58
The Perch on Commonwealth2 Bedroom 2 Bath - Partially Renovated (Trim Pa...2BR,2BA$1.77
Quadrangle3BED3BR,2BA$1.59
Villas at Southern RidgeThe Ivy2BR,2BA$1.66
The Pavilion at North Grounds2 Bed 2 Bath - B12BR,2BA$1.57
Summercrest Apartments2 Bedroom 1 Bathroom2BR,1BA$1.69
Park's Edge ApartmentsA1 (50% AMI)1BR,1BA$1.45

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Greenwood

What type of rentals are currently available in Greenwood?

There are currently 59 Apartments for Rent in Greenwood, VA with pricing that ranges from $790 to $4,405. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $1,395 to $12,000.

What is the current price range for Rental Homes in Greenwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood ranges from $1,395 to $12,000 with an average monthly rent of $3,745.

How much are larger Three and Four Bedroom Rentals in Greenwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Greenwood range from $1,075 to $3,841, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,925 and Four Bedroom Apartments start at $1,305.

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 What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.