
Cheap Apartments for Rent in the Greenwood Hills Neighborhood of Richardson, TX from $600 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood Hills area of Richardson.


Camelot Apartments

Royal Arms

La Mirada

Lockwood Heights

Foundation at Cityline

Total Monthly Price
The Mallory Eastside

Total Monthly Price
Madison at Melrose

Belt & Main
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.

Marquis at Waterview

GreenVue

737 Snowden Dr

Total Monthly Price
The Caroline Eastside

443 Hanbee St

Central North

411 E Polk St

The Lofts at Palisades Apartments

835 Dublin Dr
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.

821 Dublin Dr

1621 Davis St

883 Dublin Dr

313 Hillcrest Ave

511 Cambridge Dr

438 Daniel St

323 Towne House Ln

889 Dublin Dr

1303 Cypress Dr
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.

The Landing at McCallum

Total Monthly Price
Junction at 7760

Palencia

Northwood Heights Apartments

Blue Springs Apartments

MAA Highlands North

Ashwood Park Apartments

Chatham Court and Reflections

Total Monthly Price
The Pearl on Frankford
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Spring Creek

Courts of McCallum

The Bryant

7621 McCallum Blvd

McCallum Oaks

Watersong Villas Apartments

Berkshire Square

Estates On Frankford

15839 El Estado Dr
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.

15839 El Estado Dr

7747 Dentcrest Dr

7652 Ronnie Dr
Greenwood Hills, Richardson, TX Local Guide

How much does it cost to rent an apartment in Greenwood Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood Hills Studio Apartments | $1,141 | $800 | $1,614 |
| Greenwood Hills 1 Bedroom Apartments | $1,347 | $800 | $2,402 |
| Greenwood Hills 2 Bedroom Apartments | $1,772 | $1,040 | $2,935 |
| Greenwood Hills 3 Bedroom Apartments | $2,345 | $1,500 | $6,505 |
| Greenwood Hills 4 Bedroom Apartments | $13,543 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 48 rentals with your search options within a 2 mile radius of the Greenwood Hills Neighborhood of Richardson, TX.
See all Apartments in RichardsonExplore Richardson
Greenwood Hills, Richardson, TX Local Guide
- Nearby Richardson neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Greenwood Hills Apartments for Rent
 The cheapest available apartment rental in the Greenwood Hills area of Dallas, TX is a 1 Bed unit found at The Landing at McCallum priced from $800. Junction at 7760 has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Greenwood Hills apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Landing at McCallum | A1 | 1BR,1BA | $800 |
| Junction at 7760 | S1 | Studio,1BA | $800 |
| The Bryant | A3 | 1BR,1BA | $814 |
| Palencia | E2 | Studio,1BA | $850 |
| Northwood Heights Apartments | A1 | 1BR,1BA | $896 |
| Blue Springs Apartments | A1 | 1BR,1BA | $899 |
| Royal Arms | A2 | 1BR,1BA | $999 |
| Watersong Villas Apartments | A1 1x1 | 1BR,1BA | $1,050 |
| Chatham Court and Reflections | A1R | 1BR,1BA | $1,082 |
| 411 E Polk St | 2 Beds, 1 Baths | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Greenwood Hills, TX
As of July 08, 2026 the best value apartment in the Greenwood Hills area is the $1.26 price per square foot C1 Model at Lockwood Heights in the in the Richardson neighborhood starting from $1,700. The second greatest value Greenwood Hills apartment is the Fire Wheel Model at Spring Creek starting at $1,934 with a $1.54 price per square foot in the Northwood Hills neighborhood. Here is today’s list of the best values for Greenwood Hills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lockwood Heights | C1 | 3BR,2BA | $1.26 |
| Spring Creek | Fire Wheel | 3BR,2BA | $1.54 |
| Northwood Heights Apartments | C1 | 3BR,2BA | $1.64 |
| La Mirada | B2R | 2BR,2BA | $1.29 |
| The Lofts at Palisades Apartments | One Bedroom A1L | 1BR,1BA | $1.65 |
| Foundation at Cityline | A1 | 1BR,1BA | $1.56 |
| Royal Arms | A3 | 1BR,1BA | $1.63 |
| MAA Highlands North | The Meridian | 1BR,1BA | $1.77 |
| The Bryant | A3 | 1BR,1BA | $1.36 |
| Blue Springs Apartments | A1 | 1BR,1BA | $1.71 |
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 Hills, Richardson, TX
Ranked #8
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Greenwood Hills, Richardson, TX
School data provided by Great Schools
Frequently Asked Questions about Cheap Greenwood Hills Apartments
What is a cheap apartment in Greenwood Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greenwood Hills is under $1,095.
What is the price of a cheap apartment in Greenwood Hills?
The cheapest apartment in Greenwood Hills is The Landing at McCallum which is listed at $800, while the average apartment in Greenwood Hills costs $15,450.
What types of apartments are the cheapest in Greenwood Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 88 regular apartments in Greenwood Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Greenwood Hills?
Cheap apartments in Greenwood Hills have an average cost of $298 which is $15,152 cheaper than the average rent for all rentals in Greenwood Hills.
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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.