
Cheap Homes for Rent in Greenwood, DE from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Greenwood.


745 Clarence St

115 NE Front St

11359 1st St

3370 Gun and Rod Club Rd
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

202 Market St

20929 Johnson Rd

672 N Bedford St

129 Church St

104 E Market St
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.

111 Williamsville Rd
Greenwood, DE Local Guide

How much does it cost to rent a home in Greenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenwood 2 Bedroom Homes for Rent | $1,674 | $1,295 | $2,300 |
| Greenwood 3 Bedroom Homes for Rent | $2,032 | $1,600 | $2,500 |
| Greenwood 4 Bedroom Homes for Rent | $2,787 | $2,300 | $3,400 |
Browse Top Homes for Rent in Greenwood
Explore Greenwood
Greenwood, DE Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Greenwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Greenwood, DE is a 1 Bed unit found at Riverview Gardens in the Savannah Overlook neighborhood priced from $670. Dunbarton Estates Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $776. Here is today’s list of the most affordable Greenwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverview Gardens | 1 Bed, 1 bath | 1BR,1BA | $670 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $776 |
| Riverwoods at Denton | 2 BR- Phase III | 2BR,1BA | $900 |
| Hollybrook Farms Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,062 |
| Cypress Grove | ATTAINABLE HOUSING at Cypress Grove (1BR/1BA) | 1BR,1BA | $1,140 |
Best Value Apartments for Rent in Greenwood, DE and Nearby
As of December 22, 2025 the best value apartment in the Greenwood area is the $1.43 price per square foot VO3 Model at Vincent Overlook in the in the Bay Front neighborhood starting from $2,795. The second greatest value Greenwood apartment is the Windstone 2 Model at Windstone starting at $2,395 with a $1.24 price per square foot in the Bay Front 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. |
|---|---|---|---|
| Vincent Overlook | VO3 | 3BR,2BA | $1.43 |
| Windstone | Windstone 2 | 3BR,2BA | $1.24 |
| Heron Bay | Heron Bay 1 | 3BR,2BA | $1.31 |
| Burton’s Crossing Townhomes | Three Bedroom Townhomes | 3BR,2.5BA | $1.12 |
| The Reserves At Belle Ayre | Three Bedroom | 3BR,2.5BA | $1.14 |
| Riverwoods at Denton | 2 BR- Phase III | 2BR,1BA | $0.78 |
| Melanie's Ridge | 2 Bedroom | 2BR,2BA | $1.39 |
| Riverview Gardens | 1 Bed, 1 bath | 1BR,1BA | $0.87 |
| Hollybrook Farms Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.43 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.05 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenwood, DE Rentals by Map
See the most popular apartments and homes in Greenwood, DE
Frequently Asked Questions about Greenwood
What type of rentals are currently available in Greenwood?
There are currently 49 Apartments for Rent in Greenwood, DE with pricing that ranges from $465 to $3,780. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $1,295 to $3,400.
What is the current price range for Rental Homes in Greenwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenwood ranges from $1,295 to $3,400 with an average monthly rent of $2,071.
How much are larger Three and Four Bedroom Rentals in Greenwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greenwood range from $843 to $3,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,109.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.