Apartments for Rent in Greenwood, AR

Prices and availability in Greenwood, AR were last updated on 13 Sep 2026.

The best apartment in Greenwood, AR is: 120 East Lincoln Street.

The average rent in Greenwood, AR is $688.

In Greenwood, 26% of the residents are renting compared to 74% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Greenwood's rentals, 57% are small-scale complexes with under 50 units, and 39% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Greenwood are about 30 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Greenwood are around 0% of rentals, while 1-bedroom floor plans represent 33% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 67% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.