
Cheap Apartments for Rent in the Greenwood Hills Neighborhood of Richardson, TX from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood Hills area of Richardson.


La Mirada

Camelot Apartments

GreenVue

Foundation at Cityline

Lockwood Heights

Total Monthly Price
The Caroline Eastside

Marquis at Waterview
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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.

Total Monthly Price
The Mallory Eastside

Total Monthly Price
Madison at Melrose

301 Nottingham Dr, Unit A, Unit A

Belt & Main

883 Dublin Dr, Unit #1

Central North

The Lofts at Palisades Apartments

859 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.

897 Dublin Dr

883 Dublin Dr

511 Cambridge Dr

904 Spring Valley Plaza

323 Towne House Ln

839 Dublin Dr

2731 Forest Grove Dr

The Landing at McCallum
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.

Junction at 7760

Chatham Court and Reflections

Northwood Heights Apartments

Blue Springs Apartments

Palencia

Ashwood Park Apartments

MAA Highlands North

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.

Courts of McCallum

McCallum Oaks

7621 McCallum Blvd

The Bryant

Watersong Villas Apartments

Berkshire Square

Estates On Frankford

15839 El Estado Dr
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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.

15839 El Estado Dr

7640 Dentcrest 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 | $1,296 | $800 | $1,640 |
| Greenwood Hills 1 Bedroom Apartments | $1,336 | $800 | $2,402 |
| Greenwood Hills 2 Bedroom Apartments | $1,710 | $999 | $2,991 |
| Greenwood Hills 3 Bedroom Apartments | $2,303 | $1,599 | $7,026 |
| Greenwood Hills 4 Bedroom Apartments | $10,826 | $2,395 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 42 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
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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 | S2 | Studio,1BA | $800 |
| Chatham Court and Reflections | A2C | 1BR,1BA | $839 |
| Northwood Heights Apartments | A1 | 1BR,1BA | $896 |
| Blue Springs Apartments | A1 | 1BR,1BA | $899 |
| Northside Apartments | 4x4 Voyager Plus - Furnished | 4BR,4BA | $916 |
| Royal Arms | A1 | 1BR,1BA | $975 |
| Watersong Villas Apartments | A1 1x1 | 1BR,1BA | $1,050 |
| Palencia | AA | 1BR,1BA | $1,120 |
| The Pearl on Frankford | Cambridge | 1BR,1BA | $1,144 |
Best Value Apartments for Rent in Greenwood Hills, TX
As of May 24, 2026 the best value apartment in the Greenwood Hills area is the $1.33 price per square foot C2THR Model at La Mirada in the in the Preston Hollow neighborhood starting from $1,999. The second greatest value Greenwood Hills apartment is the C1 Model at Lockwood Heights starting at $1,820 with a $1.34 price per square foot in the Abrams Road 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. |
|---|---|---|---|
| La Mirada | C2THR | 3BR,2BA | $1.33 |
| Lockwood Heights | C1 | 3BR,2BA | $1.34 |
| Madison at Melrose | B4 | 2BR,2BA | $1.66 |
| Northwood Heights Apartments | C1 | 3BR,2BA | $1.68 |
| MAA Highlands North | The Tuscany | 2BR,1BA | $1.44 |
| Royal Arms | B1 | 2BR,1BA | $1.45 |
| Chatham Court and Reflections | B1R | 2BR,2BA | $1.46 |
| The Landing at McCallum | A4R | 1BR,1BA | $1.55 |
| The Pearl on Frankford | Cambridge | 1BR,1BA | $1.75 |
| 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 $1,144.
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 $11,605.
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 78 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 $214 which is $11,391 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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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
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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.