Cheap Homes for Rent in Greenwood, MN from $1,100 (14 Rentals)

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Greenwood

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

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Greenwood, MN Local Guide

Cheapest Available Greenwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenwood, MN is a 1 Bed unit found at Christmas Lake Manor Apartments in the Pinehurst neighborhood priced from $1,080. Hunters Ridge in the Glen Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,085. Here is today’s list of the most affordable Greenwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1,080
Hunters RidgeCrystalStudio,1BA$1,085
Bay Pointe Apartments1BR / 1BA1BR,1BA$1,110
Wayzata Woods Apartments1 Bedroom 1 Bathroom1BR,1BA$1,213
Shadow Green ApartmentsMaple1BR,1BA$1,250

Best Value Apartments for Rent in Greenwood, MN and Nearby

As of April 13, 2025 the best value apartment in the Greenwood area is the $1.57 price per square foot Hawthorne Model at Saddlewood Park Townhomes in the in the Glen Lake neighborhood starting from $2,175. The second greatest value Greenwood apartment is the 1A Model at Lake Hazeltine Woods starting at $1,999 with a $1.64 price per square foot in the Laketown Colonial Townhomes 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.
Saddlewood Park TownhomesHawthorne2BR,1.5BA$1.57
Lake Hazeltine Woods1A1BR,1BA$1.64
Quail Ridge Apartments2 Bedroom2BR,2BA$1.65
Chanhassen Village2BR 1BA-U2BR,1BA$1.57
Powers Ridge Rental Condos1BR/1.0BA1BR,1BA$1.69
Wayzata Lake Apartments2BR/1.0BA2BR,1BA$1.66
Wayzata Woods Apartments1 Bedroom 1 Bathroom1BR,1BA$1.54
Shadow Green ApartmentsMaple1BR,1BA$1.60
Bay Pointe Apartments1BR / 1BA1BR,1BA$1.59
Christmas Lake Manor ApartmentsOne Bathroom/ One Bedroom1BR,1BA$1.55

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Frequently Asked Questions about Greenwood

What type of rentals are currently available in Greenwood?

There are currently 56 Apartments for Rent in Greenwood, MN with pricing that ranges from $1,080 to $9,395. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenwood ranging from $1,190 to $7,500.

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 $1,190 to $7,500 with an average monthly rent of $2,906.

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 $1,350 to $9,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $3,499.

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

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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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.