Cheap Apartments for Rent in Greenwood, IL from $1,000 (26 Rentals)

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

Showing Results 1-26, Page 1 of 1

Greenwood, IL Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, IL is a Studio unit found at Northfield Court priced from $1,008. Tan Oak Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northfield CourtOak TerraceStudio,1BA$1,008
Tan Oak Apartments1 Bed 1 Bath Remodeled1BR,1BA$1,049
Harbor View ApartmentsStandard1BR,1BA$1,100
Timber Oaks (Patriot Oaks)1 Bedroom 1 Bathroom1BR,1BA$1,215
Geneva Estates2 Bed 1 Bath Upper2BR,1BA$1,249
Authentix McHenryStudio Horizon CourtyardStudio,1BA$1,337
Prairie View (Patriot Prairie of Woodstock)2X12BR,1BA$1,375
The Paths of Walnut Ridge2BR/1BA2BR,1BA$1,490
Tuckaway Townhomes3 Bedroom Townhome3BR,2BA$1,593
The Meadows Apartments LakemoorLaurel1BR,1BA$1,606

Best Value Apartments for Rent in Greenwood, IL and Nearby

As of March 26, 2025 the best value apartment in the Greenwood area is the $1.14 price per square foot 3 Bedroom Townhome Model at Tuckaway Townhomes in the in the Lincoln Hills neighborhood starting from $1,593. The second greatest value Greenwood apartment is the 2 Beds, 2 baths Model at West Harbor Residences at Reva Bay starting at $1,850 with a $1.48 price per square foot in the Amber Shores 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.
Tuckaway Townhomes3 Bedroom Townhome3BR,2BA$1.14
West Harbor Residences at Reva Bay2 Beds, 2 baths2BR,2BA$1.48
Lake Breeze Estates2 Bed 2 Bath Upper 1 Car Attached Garage (5)2BR,2BA$1.54
Oakbrook Estates- Senior 55+ CommunityChampion Single Wide3BR,2BA$1.42
River PlaceResidence #5, 6, 7 and 8 (Plus Den)1BR,2BA$1.68
The Paths of Walnut Ridge2BR/1BA2BR,1BA$1.56
Geneva Estates2 Bed 1 Bath Upper2BR,1BA$1.67
Harbor View ApartmentsStandard1BR,1BA$1.67
Tan Oak Apartments1 Bed 1 Bath Remodeled1BR,1BA$1.61
Northfield CourtOak TerraceStudio ,1BA$1.71

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See the most popular apartments and homes in Greenwood, IL

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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

What is the Cheapest Studio apartment in Greenwood?

Currently the most affordable Cheap Studio Apartment in Greenwood is at Northfield Court listed at $1,008.

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

The lowest price for a Cheap One Bedroom Greenwood Apartment is $1,049 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 $1,187 at Northfield Court.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Northfield Court and starts from $1,490.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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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.

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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.

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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.