404 5th St
BrooklynNY11215
Cheap Apartments for Rent in the Greenwood Neighborhood of Brooklyn, NY from $1,200 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Brooklyn.
296-297 7th Ave
BrooklynNY11215
216 7th St
BrooklynNY11215
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888-885 5th Ave
BrooklynNY11232
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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
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Private bedroom in 5 bed/2 bath Home
421 36th St
New YorkNY11232
Private bedroom in 5 bed/2 bath Home
421 36th St
New YorkNY11232
Private bedroom in 3 bed/1 bath Home
414 4th Ave
New YorkNY11215
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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 | $4,308 | $1,950 | $8,500 |
| Greenwood 1 Bedroom Apartments | $3,483 | $2,200 | $4,450 |
| Greenwood 2 Bedroom Apartments | $4,042 | $1,800 | $6,170 |
| Greenwood 3 Bedroom Apartments | $4,538 | $1,450 | $6,875 |
| Greenwood 4 Bedroom Apartments | $4,150 | $1,200 | $7,100 |
Browse Apartments in this Neighborhood
There are currently 14 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. 714 5th Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,275. 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 |
| 714 5th Ave | 1 BED 1BATH | 1BR,1BA | $3,275 |
| 635 4th Avenue | 1 Bedroom / 1 Bathroom | 1BR,1BA | $3,552 |
Best Value Apartments for Rent in Greenwood, NY
As of April 07, 2025 the best value apartment in the Greenwood area is the $4.64 price per square foot two beds Model at 5102 5th Ave in the in the Bush Terminal neighborhood starting from $3,250. The second greatest value Greenwood apartment is the 1 BED 1BATH Model at 714 5th Ave starting at $3,275 with a $5.46 price per square foot in the Park Slope 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. |
|---|---|---|---|
| 5102 5th Ave | two beds | 2BR,1BA | $4.64 |
| 714 5th Ave | 1 BED 1BATH | 1BR,1BA | $5.46 |
| 934 40th St, Unit 2B | 934 40th St | 1BR,1BA | $3.67 |
| 724 40th St, Unit 1A | 724 40th St | 1BR,1BA | $5.00 |
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Pet Friendly LifestyleGreenwood, Brooklyn, NY
Ranked #71
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 the Cheapest Studio apartment in Greenwood?
Currently the most affordable Cheap Studio Apartment in Greenwood is at 5102 5th Ave listed at $2,450.
How much is rent for a Cheap One Bedroom Greenwood Apartment?
The lowest price for a Cheap One Bedroom Greenwood Apartment is $2,800 at 5102 5th Ave.
What is the lowest price for a Cheap Two Bedroom Greenwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Greenwood is starting from $3,250 at 5102 5th Ave.
What is the most affordable Greenwood Three Bedroom Apartment?
The best deal on a cheap Greenwood Three Bedroom Apartment rental is at 5102 5th Ave and starts from $4,000.
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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.