Cheap Apartments for Rent in Greenwood, IL from $900 (24 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Greenwood, IL Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, IL is a 1 Bed unit found at Tan Oak Apartments priced from $999. Northfield Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,121. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tan Oak Apartments1 Bed 1 Bath1BR,1BA$999
Northfield CourtSummit1BR,1BA$1,121
Garden Quarter Apartments1 Bed, 1 bath1BR,1BA$1,199
The Paths of Walnut Ridge1 bed/1 bath1BR,1BA$1,225
Taylor Place2br 2ba2BR,2BA$1,325

Best Value Apartments for Rent in Greenwood, IL and Nearby

As of April 30, 2025 the best value apartment in the Greenwood area is the $1.49 price per square foot 2 Bedroom Model at The Church Street Apartments in the in the Park Place neighborhood starting from $2,000. The second greatest value Greenwood apartment is the Townhome Model at The Meadows Apartments Lakemoor starting at $2,008 with a $1.51 price per square foot in the Liberty Lakes - Freedom Series 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.
The Church Street Apartments2 Bedroom2BR,2BA$1.49
The Meadows Apartments LakemoorTownhome2BR,2.5BA$1.51
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.68
Timber Oaks (Patriot Oaks)2 Bedroom 1 Bathroom2BR,1BA$1.45
Taylor Place2br 2ba2BR,2BA$1.28
Northfield CourtSummit1BR,1BA$1.57
Garden Quarter Apartments1 Bed, 1 bath1BR,1BA$1.78
Tan Oak Apartments1 Bed 1 Bath1BR,1BA$1.54

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Pet Friendly Lifestyle

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Pet Friendliness Lifestyle Score

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Getting Around Greenwood, IL

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

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

How much is rent for a Cheap One Bedroom Greenwood Apartment?

The lowest price for a Cheap One Bedroom Greenwood Apartment is $999 at Tan Oak Apartments.

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 $1,199 at Tan Oak Apartments.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Taylor Place and starts from $1,505.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.

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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.

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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.