Cheap Apartments for Rent in the Greenwood Neighborhood of Tulsa, OK from $400 (94 Rentals)

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

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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Westpark
$913 - $1,464
Total Monthly Price

Total Monthly Price

Base Rent
$913 - $1,464
Total Monthly Price
$913 - $1,464
1 to 2 Bedroom Apartments Available Now

Westpark

2405 E 4th PlTulsa, OK 74104
Affordability
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  • Customer Reviewed
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 2532 W Easton Pl

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

2532 W Easton Pl

TulsaOK74127

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.

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property at 229 E Xyler St

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075
Total Monthly Price
$1,075

2 Bedroom, 1 Bath Home for Rent

Available Now

229 E Xyler St

TulsaOK74106

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.

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Joanna Apartments
1 Bedroom Apartments

Joanna Apartments

1630 S Baltimore AveTulsa, OK 74119
  • Utilities Included
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Oaklawn Apartments
Studio to 3 Bedroom Apartments

Oaklawn Apartments

2431 E 8th StTulsa, OK 74104
  • Utilities Included

From Tunnels to Tomcats: Your Ultimate Guide to Renting in Tulsa

Thinking of renting in Tulsa? Discover the city's best local hangouts, from the historic Cain's Ballroom to the Gathering Place park and vibrant downtown music venues.

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Greenwood, Tulsa, OK Local Guide

Cheapest Available Greenwood Apartments for Rent

 

The cheapest available apartment rental in the Greenwood area of Tulsa, OK is a 1 Bed unit found at Diana priced from $689. Parkewood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $689. Here are the most affordable Greenwood apartments for rent in Tulsa, OK:

Apartment ListingModel NameBed/BathPriced From
Diana1 Bedroom1BR,1BA$689
Parkewood1 Bedroom1BR,1BA$689
Twin Oaks1 bedroom1BR,1BA$689
Baltimore Arms ApartmentsEfficiencyStudio,1BA$780
Mansion HouseStudio1BR,1BA$790
Riverbend Gardens2B50-22BR,2BA$808
Westpark1 Bdrm Garden, 699 SqFt, Tax Credit, 60% AMI1BR,1BA$934
Oak Creek at GilcreaseA31BR,1BA$1,040
GreenArch Apartments TulsaGreenwood1BR,1BA$1,049

Best Value Apartments for Rent in Greenwood, OK

As of May 24, 2026 the best value apartment in the Greenwood area is the $1.43 price per square foot 2BR/2.0BA Model at Jacobs Lofts on 1st in the in the Midtown Tulsa neighborhood starting from $2,275. The second greatest value Greenwood apartment is the 2 Bedrooms Model at Art Deco Lofts & Apartments starting at $1,875 with a $1.50 price per square foot in the Midtown Tulsa neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Jacobs Lofts on 1st2BR/2.0BA2BR,2BA$1.43
Art Deco Lofts & Apartments2 Bedrooms2BR,2BA$1.50
Riverbend Gardens2B602BR,2.5BA$0.84
WatersideB32BR,2BA$1.36
Oak Creek at GilcreaseA31BR,1BA$1.17
450 West 7th Street, Unit 410450 West 7th StreetStudio ,1BA$1.43
GreenArch Apartments TulsaGreenwood1BR,1BA$1.50
Twin Oaks1 bedroom1BR,1BA$1.08
Parkewood1 Bedroom1BR,1BA$1.10
Diana1 Bedroom1BR,1BA$1.37

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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Quick 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.

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Pet Friendly Lifestyle
Greenwood, Tulsa, OK

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Greenwood, Tulsa, OK

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States including Greenwood, Tulsa, and the greater Tulsa area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

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 $1,049.

What is the price of a cheap apartment in Greenwood?

The cheapest apartment in Greenwood is Diana which is listed at $689, while the average apartment in Greenwood costs $17,295.

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 18 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 $119 which is $17,176 cheaper than the average rent for all rentals in Greenwood.

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.

Articles, How-To's, and Tips

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Top Neighborhoods to Rent Near Major Colleges and Universities in Tulsa

Written by: Mike Heuer

I am Mike, your ApartmentHomeLiving.com guide in the Greater Tulsa, Oklahoma, area. Tulsa is a terrific city with a population of more than 415,000 within the city limits and more than a million in the greater metropolitan area.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.