Cheap Apartments for Rent in the Greenwood Neighborhood of Seattle, WA from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Seattle.

510 N 87th St

Horizon Greenwood

8801 Aurora Ave N, Unit Room 1
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Greenwood, Seattle, WA Local Guide

How much does it cost to rent an apartment in Greenwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood Studio Apartments | $1,651 | $775 | $5,000 |
Greenwood 1 Bedroom Apartments | $2,550 | $835 | $7,764 |
Greenwood 2 Bedroom Apartments | $3,002 | $1,099 | $7,402 |
Greenwood 3 Bedroom Apartments | $1,656 | $1,099 | $4,720 |
Greenwood 4 Bedroom Apartments | $1,299 | $1,099 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Seattle, WA.
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Cheapest Available Greenwood Apartments for Rent
 The cheapest available apartment rental in the Greenwood area of Seattle, WA is a Studio unit found at Horizon Phinney priced from $850. Aubrey Studios has the second lowest priced unit, which is a Studio apartment currently listed from $866. Here are the most affordable Greenwood apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Horizon Phinney | Micro Studio | Studio,1BA | $850 |
Aubrey Studios | Private Standard Studios | Studio,1BA | $866 |
Horizon Greenwood | 201 | Studio,1BA | $920 |
Midtown Flats | West Studio | Studio,1BA | $1,225 |
Leilani Apartment Homes | Leilani 2 Studio | Studio,1BA | $1,445 |
Best Value Apartments for Rent in Greenwood, WA
As of June 17, 2025 the best value apartment in the Greenwood area is the $0.53 price per square foot 8801 Aurora Ave N Model at 8801 Aurora Ave N, Unit Room 1 in the in the North College Park neighborhood starting from $950. The second greatest value Greenwood apartment is the 3 Beds, 2 Baths Model at Paula Marie Apartments starting at $3,595 with a $3.24 price per square foot in the Ballard neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
8801 Aurora Ave N, Unit Room 1 | 8801 Aurora Ave N | 5BR,3BA | $0.53 |
Paula Marie Apartments | 3 Beds, 2 Baths | 3BR,2BA | $3.24 |
Carkeek Park Place | Two Bedroom Two Bathroom | 2BR,2BA | $2.55 |
Greenwood Apartments | 2x1 | 2BR,1BA | $2.53 |
Jefferson Court | 2BR/1.0BA | 2BR,1BA | $2.26 |
7514 3rd Ave NW, Unit 1 Month Free 1 Bd/ 1 Bth | 7514 3rd Ave NW | 2BR,1BA | $3.39 |
Towers on Greenwood | B05 | 1BR,1BA | $3.09 |
EdgePoint Apartments | 1A | 1BR,1BA | $3.43 |
The Morrow | Studio | Studio ,1BA | $3.28 |
Leilani Apartment Homes | 107 Madrone | 1BR,1BA | $3.41 |
Getting Around the Greenwood Neighborhood in Seattle, WA
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
55 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Greenwood Apartments
What is a cheap apartment in Greenwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greenwood is under $1,650.
What is the price of a cheap apartment in Greenwood?
The cheapest apartment in Greenwood is Leilani Apartment Homes which is listed at $1,625, while the average apartment in Greenwood costs $2,849.
What types of apartments are the cheapest in Greenwood?
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 56 regular apartments in Greenwood 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?
Cheap apartments in Greenwood have an average cost of $846 which is $2,003 cheaper than the average rent for all rentals in Greenwood.
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.

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