404 5th St
BrooklynNY11215
Cheap Apartments for Rent in the Greenwood Neighborhood of Brooklyn, NY from $1,100 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Brooklyn.
Private bedroom in 3 bed/1 bath Home
414 4th Ave
BrooklynNY11215
4508 8th Ave
BrooklynNY11220
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68 Chester Ave
BrooklynNY11218
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263 44th St
BrooklynNY11232
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Private bedroom in 5 bed/2 bath Home
421 36th St
New YorkNY11232
New York's Best Affordable Neighborhoods
Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci
Private bedroom in 5 bed/2 bath Home
421 36th St
New YorkNY11232
Showing Results 1-21, Page 1 of 1
Greenwood, Brooklyn, NY Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood Studio Apartments | $3,619 | $2,300 | $9,000 |
| Greenwood 1 Bedroom Apartments | $3,892 | $2,000 | $5,200 |
| Greenwood 2 Bedroom Apartments | $4,552 | $2,275 | $6,700 |
| Greenwood 3 Bedroom Apartments | $4,630 | $1,350 | $6,875 |
| Greenwood 4 Bedroom Apartments | $4,150 | $1,200 | $7,100 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Brooklyn, NY.
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Greenwood, Brooklyn, NY Local Guide
- Nearby Brooklyn neighborhoods
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Cheapest Available Greenwood Apartments for Rent
The cheapest available apartment rental in the Greenwood area of New York, NY is a Studio unit found at 5102 5th Ave priced from $2,450. PLG has the second lowest priced unit, which is a Studio apartment currently listed from $2,562. Here are the most affordable Greenwood apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5102 5th Ave | studios | Studio,1BA | $2,450 |
| PLG | Studio / 1 Bathroom | Studio,1BA | $2,562 |
| The Paxton | 0 BED | 1 BATH - LINE E | Studio,1BA | $3,535 |
| 635 4th Avenue | 1 Bedroom / 1 Bathroom | 1BR,1BA | $3,552 |
| 260 Gold | 02 Line 1 Bed 1 Bath | 1BR,1BA | $3,900 |
Best Value Apartments for Rent in Greenwood, NY
As of April 27, 2025 the best value apartment in the Greenwood area is the $3.14 price per square foot 3 BED 2 BATH Model at 714 5th Ave in the in the Park Slope neighborhood starting from $6,275. The second greatest value Greenwood apartment is the two beds Model at 5102 5th Ave starting at $3,250 with a $4.64 price per square foot in the Bush Terminal 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. |
|---|---|---|---|
| 714 5th Ave | 3 BED 2 BATH | 3BR,2BA | $3.14 |
| 5102 5th Ave | two beds | 2BR,1BA | $4.64 |
| 635 4th Avenue | 1 Bedroom / 1 Bathroom | 1BR,1BA | $5.30 |
| The Brooklyner | 1 Bedroom J Line floors 17-41 | 1BR,1BA | $6.34 |
| 934 40th St, Unit 2B | 934 40th St | 1BR,1BA | $3.67 |
| 1134 Fulton Street | C Line 2 Bed 1 Bath | 2BR,1BA | $7.02 |
| 260 Gold | 02 Line 1 Bed 1 Bath | 1BR,1BA | $8.84 |
| The Paxton | 0 BED | 1 BATH - LINE B | Studio ,1BA | $8.75 |
| PLG | Studio / 1 Bathroom | Studio ,1BA | $6.17 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleGreenwood, Brooklyn, NY
Ranked #50
Among neighborhoods in Brooklyn, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Greenwood, Brooklyn, NY
School data provided by Great Schools
Getting Around the Greenwood Neighborhood in Brooklyn, NY
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
72 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
100 / 100
Rider’s Paradise
World-class public transportation
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 $6,275.
What is the price of a cheap apartment in Greenwood?
The cheapest apartment in Greenwood is 5102 5th Ave which is listed at $2,800, while the average apartment in Greenwood costs $4,615.
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 1 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 $114 which is $4,501 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.
The 10 Best Affordable Neighborhoods for Renting in New York City
Written by: Joshua Carlucci
New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.