
Cheap Apartments for Rent in the Greenwood Neighborhood of Des Moines, IA from $500 (123 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Des Moines.


Stockbridge Apartments

Lenox Properties

Ingersoll Park Studios

Sixth Avenue Flats

The Drake

Pleasant Court

Hampton House Apartments

3309 University Ave

Beaverdale Housing LLC

Windsor Terrace Apartments

MLK Brickstone Apartments

1111 27th St

The Pointe on Fleur

Old Main & Drake Apartments

High Street Brickstone

Studios in historic neighborhood and buildng

Argonne Apartments

The Fleming Building

The Des Moines Building

Four Seasons Apartments

Treehouse Apartments

Inglewood Apartments

Newens Dairy Lofts

3000 Grand Apartments

Imperial Grand Prix

Lofts on 34th

Forest Avenue Village

1818 Pleasant St, Unit 1818

Woodland Avenue Brickstone

1048 19th St

720 17th St

Canary Lofts

The Village at Gray's Lake Apartments

Reagan House

10th Street Lofts

Cityville
Greenwood, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Greenwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood Studio Apartments | $1,063 | $550 | $1,849 |
Greenwood 1 Bedroom Apartments | $1,363 | $565 | $2,320 |
Greenwood 2 Bedroom Apartments | $1,666 | $660 | $2,984 |
Greenwood 3 Bedroom Apartments | $1,940 | $965 | $2,912 |
Greenwood 4 Bedroom Apartments | $1,022 | $965 | $1,080 |
Browse Apartments in this Neighborhood
There are currently 123 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Des Moines, IA.
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Greenwood, Des Moines, IA Local Guide
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Cheapest Available Greenwood Apartments for Rent
 The cheapest available apartment rental in the Greenwood area of Des Moines, IA is a 1 Bed unit found at Stockbridge Apartments priced from $565. Village Green has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Greenwood apartments for rent in Des Moines, IA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Stockbridge Apartments | 1x1 670-700 | 1BR,1BA | $565 |
Village Green | Studio | Studio,1BA | $600 |
Ingersoll Park Studios | 0BR/1.0BA | Studio,1BA | $625 |
Concord Apartments | Studio 5 | Studio,1BA | $625 |
Lenox Properties | Drake | 1BR,1BA | $675 |
The Drake | B3 | 1BR,1BA | $680 |
The Pointe on Fleur | 1x1 | 1BR,1BA | $685 |
Hampton House Apartments | Studio | Studio,1BA | $699 |
3309 University Ave | 0BR/1.0BA | Studio,1BA | $700 |
Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
Best Value Apartments for Rent in Greenwood, IA
As of March 28, 2025 the best value apartment in the Greenwood area is the $1.00 price per square foot Model A Model at The Elmhurst in the in the Downtown Des Moines neighborhood starting from $1,300. The second greatest value Greenwood apartment is the 2901 Grand Ave #307 Model at 2901 Grand Ave #307, Unit 307 starting at $1,360 with a $1.13 price per square foot in the Southwest Des Moines 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. |
---|---|---|---|
The Elmhurst | Model A | 2BR,2BA | $1.00 |
2901 Grand Ave #307, Unit 307 | 2901 Grand Ave #307 | 2BR,2BA | $1.13 |
2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
Ingersoll Towers | Riley | 2BR,2BA | $0.96 |
The Pointe on Fleur | 2x1b | 2BR,1BA | $0.90 |
The Griffin Building | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.18 |
High Street Brickstone | Two Bedroom | 2BR,2BA | $1.02 |
The 4220 Grand Apartments | Two Bedroom Large | 2BR,1.5BA | $0.97 |
Stockbridge Apartments | 1x1 670-700 | 1BR,1BA | $0.81 |
MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
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.
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Iowa and customized analysis for Central Des Moines. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Getting Around the Greenwood Neighborhood in Des Moines, IA
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
32 / 100
Some Transit
A few 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 $710.
What is the price of a cheap apartment in Greenwood?
The cheapest apartment in Greenwood is Stockbridge Apartments which is listed at $565, while the average apartment in Greenwood costs $1,973.
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 38 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 $561 which is $1,412 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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.