
Cheap Apartments for Rent in the Greenwood Hills Neighborhood of Richardson, TX from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood Hills area of Richardson.


La Mirada

Foundation at Cityline

Royal Arms

Marquis at Waterview

GreenVue

340 Custer Rd

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

1212 Hampshire Ln

Junction at 7760

The Landing at McCallum

MAA Highlands North

Palencia

Chatham Court and Reflections

Ashwood Park Apartments

The Pearl on Frankford

Watersong Villas Town homes & Apartments

Estates On Frankford

8223 Snapdragon Wy
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 | $1,006 | $750 | $1,565 |
| Greenwood Hills 1 Bedroom Apartments | $1,233 | $780 | $2,512 |
| Greenwood Hills 2 Bedroom Apartments | $1,748 | $1,099 | $3,010 |
| Greenwood Hills 3 Bedroom Apartments | $2,377 | $1,540 | $4,690 |
| Greenwood Hills 4 Bedroom Apartments | $11,517 | $5,183 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Greenwood Hills Neighborhood of Richardson, TX.
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Greenwood Hills, Richardson, TX Local Guide
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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 Northwood Heights priced from $709. Junction at 7760 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Greenwood Hills apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northwood Heights | A2 | 1BR,1BA | $709 |
| Junction at 7760 | A8 | 1BR,1BA | $735 |
| The Bryant | A3 | 1BR,1BA | $784 |
| The Landing at McCallum | A2 | 1BR,1BA | $795 |
| MAA Highlands North | The Refuge | 1BR,1BA | $882 |
| Palencia | E2 | Studio,1BA | $899 |
| Ashwood Park Apartments | A2 | 1BR,1BA | $970 |
| Blue Springs Apartments | A1 | 1BR,1BA | $999 |
| The Pearl on Frankford | Belmont | 1BR,1BA | $1,076 |
| Watersong Villas Town homes & Apartments | Adastra A1 | 1BR,1BA | $1,080 |
Best Value Apartments for Rent in Greenwood Hills, TX
As of November 16, 2025 the best value apartment in the Greenwood Hills area is the $1.54 price per square foot C1 Model at Madison at Melrose in the in the Waterford Villas neighborhood starting from $1,950. The second greatest value Greenwood Hills apartment is the B2R Model at La Mirada starting at $1,419 with a $1.27 price per square foot in the Preston Hollow 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. |
|---|---|---|---|
| Madison at Melrose | C1 | 3BR,2BA | $1.54 |
| La Mirada | B2R | 2BR,2BA | $1.27 |
| Foundation at Cityline | B2 | 2BR,2BA | $1.31 |
| Lockwood Heights | B2 | 2BR,2BA | $1.45 |
| Estates On Frankford | 2 Bed 2 Bath 1141 SqFt (1069 Net) | 2BR,2BA | $1.69 |
| The Bryant | B2 | 2BR,2BA | $1.46 |
| Chatham Court and Reflections | A3R | 1BR,1BA | $1.47 |
| Royal Arms | A2 | 1BR,1BA | $1.58 |
| Northwood Heights | A3 | 1BR,1BA | $1.39 |
| The Landing at McCallum | A1R | 1BR,1BA | $1.71 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleGreenwood Hills, Richardson, TX
Ranked #10
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 $1,080.
What is the price of a cheap apartment in Greenwood Hills?
The cheapest apartment in Greenwood Hills is Northwood Heights which is listed at $709, while the average apartment in Greenwood Hills costs $11,517.
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 87 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 $354 which is $11,163 cheaper than the average rent for all rentals in Greenwood Hills.
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 10 Best Affordable Neighborhoods in Dallas, TX
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.








