3 Bedroom Apartments for Rent in Greenwood, MN (28 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Greenwood - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

Greenwood, MN Local Guide

Largest Available Greenwood and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Greenwood, MN is found at One West Drive in the Pinehurst neighborhood and is 1,933 square feet priced from $8,995. Tanager Creek Rental Townhomes in the Glen Lake neighborhood has the second largest 3 Bedroom, which is sized at 1,434 square feet and currently listed start at $2,699. Here is today’s list of the largest available 3 Bedroom units in Greenwood:

Apartment ListingModel NameSquare FootagePriced From
One West DriveBardwell1,933 Sq Ft$8,995
Tanager Creek Rental TownhomesWindsor1,434 Sq Ft$2,699
Saddlewood Park TownhomesWindsor1,434 Sq Ft$2,495
Springs at McKnight Lake3 BR Grand Overlook1,422 Sq Ft$2,406

Cheapest Available Greenwood and Nearby 3 Bedroom Apartments

As of May 18, 2025 the lowest priced 3 Bedroom apartment unit in Greenwood, MN is the 3 BR Grand Overlook Model starting from $2,406 at Springs at McKnight Lake in the Laketown Colonial Townhomes neighborhood. The second most affordable Greenwood 3 Bedroom is the Windsor Model at Saddlewood Park Townhomes starting at $2,495 in the Glen Lake neighborhood. The average price for all 3 Bedroom apartments in Greenwood is currently $4,208. Here is today’s list of the cheapest available 3 Bedroom options in Greenwood:

Apartment ListingModel NamePriced From
Springs at McKnight Lake3 BR Grand Overlook$2,406
Saddlewood Park TownhomesWindsor$2,495
Tanager Creek Rental TownhomesWindsor$2,699
One West DriveBardwell$8,995

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.

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Remember the 3 Rules of Real Estate:
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Explore Greenwood, MN Rentals by Map

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Getting Around Greenwood, MN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about 3 Bedroom Greenwood Apartments

What is the Cheapest apartment in Greenwood with 3 Bedroom?

Currently the most affordable 3 Bedroom in Greenwood is at Springs at McKnight Lake listed at $2,406.

How much is the average rent for a 3 Bedroom Greenwood Apartment?

The average rent for a 3 Bedroom Apartment in Greenwood is $4,208.

What is the largest available 3 Bedroom Greenwood Apartment for rent?

Today's apartment with the most square footage in Greenwood is a 1,933 square feet unit starting from $8,995 at One West Drive.

What is the average size for Greenwood 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Greenwood is currently 1,949 sq ft.

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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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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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.