Cheap Apartments for Rent in the Greenwood Hills Neighborhood of Richardson, TX from $741 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Greenwood Hills area of Richardson.

property at 1928 N Floyd Rd

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Now

1928 N Floyd Rd

RichardsonTX75080

Dallas's Best Affordable Neighborhoods

Learn about Dallas and the best places to live with original content written by our Dallas, TX Local Expert Tiffany Clark

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The Mallory Eastside
Rent Specials
$1,174 - $6,382
Total Monthly Price

Total Monthly Price

Base Rent
$1,174 - $6,382

Total Monthly Price
$1,174 - $6,382
1 to 2 Bedroom Apartments Available Now

The Mallory Eastside

1705 N Greenville AveRichardson, TX 75081
Eco-Friendly
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  • Customer Reviewed
  • 3D Tour
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Madison at Melrose
Rent Specials
$1,358 - $2,378
Total Monthly Price

Total Monthly Price

Base Rent
$1,358 - $2,378

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Madison at Melrose

1520 Richardson DrRichardson, TX 75080
Student Housing
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The Caroline Eastside
Rent Specials
$1,399 - $2,864
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $2,864

Total Monthly Price
$1,399 - $2,864
Studio to 3 Bedroom Apartments Available Now

The Caroline Eastside

1735 N Greenville AveRichardson, TX 75081
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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.

property at 312 A Hilltop

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Townhome for Rent

Available Now

312 A Hilltop

RichardsonTX75081
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Central North
2 Bedroom Apartments

Central North

340 Custer RdRichardson, TX 75080
  • Utilities Included
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411 E Polk St
1 to 2 Bedroom Apartments

411 E Polk St

411 E Polk StRichardson, TX 75081

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.

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Junction at 7760
Rent Specials
$805 - $1,093
Total Monthly Price

Total Monthly Price

Base Rent
$805 - $1,093

Total Monthly Price
$805 - $1,093
Studio to 1 Bedroom Apartments Available Now

Junction at 7760

7760 McCallum BlvdDallas, TX 75252
Student Housing
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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.

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Courts of McCallum
1 to 2 Bedroom Apartments

Courts of McCallum

7777 McCallum BlvdDallas, TX 75252
  • Utilities Included
  • Smoke Free
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The Bryant
Studio to 2 Bedroom Apartments

The Bryant

7720 McCallum BlvdDallas, TX 75252
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McCallum Oaks
1 to 2 Bedroom Apartments

McCallum Oaks

17708 Dickerson StDallas, TX 75252
  • Utilities Included

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.

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Berkshire Square
1 to 3 Bedroom Apartments

Berkshire Square

7950 Cliffbrook DrDallas, TX 75254
Corporate Housing
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Estates On Frankford
1 to 2 Bedroom Apartments

Estates On Frankford

7575 Frankford RdDallas, TX 75252
Corporate Housing

Greenwood Hills, Richardson, TX Local Guide

Cheapest Available Greenwood Hills Apartments for Rent

 

The cheapest available apartment rental in the Greenwood Hills area of Dallas, TX is a Studio unit found at Palencia priced from $799. The Bryant has the second lowest priced unit, which is a 1 Bed apartment currently listed from $804. Here are the most affordable Greenwood Hills apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
PalenciaE2Studio,1BA$799
The BryantA31BR,1BA$804
The Landing at McCallumA31BR,1BA$825
Chatham Court and ReflectionsA2R1BR,1BA$849
Junction at 7760A21BR,1BA$855
Northwood Heights ApartmentsA11BR,1BA$896
Royal ArmsA21BR,1BA$999
Ashwood Park ApartmentsA31BR,1BA$1,024
Watersong Villas ApartmentsA1 1x11BR,1BA$1,050

Best Value Apartments for Rent in Greenwood Hills, TX

As of August 22, 2026 the best value apartment in the Greenwood Hills area is the $0.47 price per square foot 1200 Plaza Way Model at 1200 Plaza Way, Unit 1200 Plaza in the in the Richardson neighborhood starting from $795. The second greatest value Greenwood Hills apartment is the B2B-The Boardwalk Model at Parkside Towns starting at $2,608 with a $1.76 price per square foot in the Richardson neighborhood. Here is today’s list of the best values for Greenwood Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1200 Plaza Way, Unit 1200 Plaza1200 Plaza Way1BR,1.5BA$0.47
Parkside TownsB2B-The Boardwalk2BR,2.5BA$1.76
Lockwood HeightsC13BR,2BA$1.23
Spring Creek ApartmentsPrimose2BR,2BA$1.69
Camelot ApartmentsB3 Renovated2BR,2BA$1.78
La MiradaB1R2BR,2BA$1.32
Royal ArmsB12BR,1BA$1.60
Foundation at CitylineA11BR,1BA$1.56
Berkshire SquareA11BR,1BA$1.67
The BryantA31BR,1BA$1.34

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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Real 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.

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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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Pet Friendly Lifestyle
Greenwood Hills, Richardson, TX

Ranked #7

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $1,050.

What is the price of a cheap apartment in Greenwood Hills?

The cheapest apartment in Greenwood Hills is The Bryant which is listed at $804, while the average apartment in Greenwood Hills costs $1,466.

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 48 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 $199 which is $1,267 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.

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