Cheap Apartments for Rent in the Greenwood Neighborhood of Seattle, WA from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greenwood area of Seattle.

Horizon Greenwood

8801 Aurora Ave N, Unit Room 1

Tavin

OWL

Leilani Apartment Homes

The Sedges

749 N 105th St
Seattle's Best Affordable Neighborhoods
Learn about Seattle, WA and the best places to live with original content written by our Local Expert Sharon Stallings
Greenwood, Seattle, WA Local Guide

How much does it cost to rent an apartment in Greenwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Greenwood Studio Apartments | $1,759 | $795 | $5,000 |
Greenwood 1 Bedroom Apartments | $2,374 | $1,299 | $6,046 |
Greenwood 2 Bedroom Apartments | $3,112 | $1,099 | $8,530 |
Greenwood 3 Bedroom Apartments | $1,456 | $1,099 | $1,600 |
Greenwood 4 Bedroom Apartments | $1,299 | $1,099 | $1,499 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Greenwood Neighborhood of Seattle, WA.
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Cheapest Neighborhoods for Apartments in Greenwood, WA
Pricing Updated: 03/21/2025Current apartment rentals in the Greenwood, WA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Greenwood Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
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Cheapest Available Greenwood Apartments for Rent
 The cheapest available apartment rental in the Greenwood area of Seattle, WA is a Studio unit found at Horizon Phinney priced from $800. Horizon Greenwood has the second lowest priced unit, which is a Studio apartment currently listed from $920. Here are the most affordable Greenwood apartments for rent in Seattle, WA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Horizon Phinney | Studio A14-A19 | Studio,1BA | $800 |
Horizon Greenwood | 201 | Studio,1BA | $920 |
Midtown Flats | West Studio | Studio,1BA | $1,295 |
Monterey | STUDIO | Studio,1BA | $1,295 |
OWL | A2 MFTE - Studio | Studio,1BA | $1,334 |
Best Value Apartments for Rent in Greenwood, WA
As of March 21, 2025 the best value apartment in the Greenwood area is the $0.53 price per square foot 8801 Aurora Ave N Model at 8801 Aurora Ave N, Unit Room 1 in the in the North College Park neighborhood starting from $950. The second greatest value Greenwood apartment is the 2 Bedroom Model at Landon Apartments starting at $1,850 with a $1.97 price per square foot in the Ballard neighborhood. Here is today’s list of the best values for Greenwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
8801 Aurora Ave N, Unit Room 1 | 8801 Aurora Ave N | 5BR,3BA | $0.53 |
Landon Apartments | 2 Bedroom | 2BR,1BA | $1.97 |
Towers on Greenwood | A 03 | 2BR,2BA | $2.66 |
Jefferson Court | 2BDRM | 2BR,1BA | $2.15 |
The Kennedy Building | Plan B1A | 2BR,1BA | $2.81 |
Guinevere Apartment Homes | One Bedroom One Bath | 1BR,1BA | $2.67 |
EdgePoint Apartments | 1A | 1BR,1BA | $3.23 |
Zinnia | A1 | 1BR,1BA | $3.41 |
The Morrow | Studio | Studio ,1BA | $3.36 |
Monterey | STUDIO | Studio ,1BA | $2.91 |
Getting Around the Greenwood Neighborhood in Seattle, WA
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
81 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
55 / 100
Good Transit
Many nearby public transportation options
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 a cheap apartment in Greenwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greenwood is under $1,575.
What is the price of a cheap apartment in Greenwood?
The cheapest apartment in Greenwood is Lightbox which is listed at $1,499, while the average apartment in Greenwood costs $2,910.
What types of apartments are the cheapest in Greenwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 989 regular apartments in Greenwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Greenwood?
Cheap apartments in Greenwood have an average cost of $763 which is $2,147 cheaper than the average rent for all rentals in Greenwood.
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.

The 10 Best Affordable Neighborhoods in Seattle, WA
Written by: Sharon Stallings
I'm Sharon, your ApartmentHomeLiving.com Local Expert for Seattle, Washington. My husband, two children, and I moved to West Seattle in 1995.

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