Cheap Apartments for Rent in Greenwood, LA from $500 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Showing Results 1-41, Page 1 of 1

Greenwood, LA Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, LA is a 1 Bed unit found at South Pointe Apartments in the Westwood neighborhood priced from $550. HIDDEN COVE in the W Outlying Caddo Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
South Pointe ApartmentsChestnut1BR,1BA$550
HIDDEN COVE1 Bedroom, 1 Bath1BR,1BA$595
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$625
Lifestyle on Lakeshore1 Bed 1 Bath1BR,1BA$650
Salem VillageCalliope1BR,1BA$675
Riverdale1 Bedroom1BR,1BA$685
Lifestyle on Pines1 Bed 1 Bath1BR,1BA$730
Foxborough CoveC1BR,1BA$745
Nantucket HarborLexington1BR,1BA$760
Summer Pointe ApartmentsSunfish1BR,1BA$775

Best Value Apartments for Rent in Greenwood, LA and Nearby

As of March 26, 2025 the best value apartment in the Greenwood area is the $1.08 price per square foot 2/2 909 SQ FT Model at Aspen Apartments in the in the Southwood neighborhood starting from $980. The second greatest value Greenwood apartment is the 2BR/2.0BA Model at Colony Square starting at $875 with a $1.01 price per square foot in the Southwood 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.
Aspen Apartments2/2 909 SQ FT2BR,2BA$1.08
Colony Square2BR/2.0BA2BR,2BA$1.01
Lifestyle on Lakeshore2 Bed 1 Bath2BR,1BA$0.99
Nantucket HarborLexington1BR,1BA$1.05
Riverdale1 Bedroom1BR,1BA$0.95
Lifestyle on Pines1 Bed 1 Bath1BR,1BA$1.02
Foxborough CoveA1BR,1BA$1.08
Salem VillageCalliope1BR,1BA$1.02
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$0.95
South Pointe ApartmentsChestnut1BR,1BA$0.90

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Greenwood, LA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Greenwood, LA

View MapGreenwood, LA Apartments MapView MapGreenwood, LA Rental Homes Map

Getting Around Greenwood, LA

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 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 $550 at South Pointe 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 $695 at Lifestyle on Lakeshore.

What is the most affordable Greenwood Three Bedroom Apartment?

The best deal on a cheap Greenwood Three Bedroom Apartment rental is at Riverdale and starts from $895.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.