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Greenwood, AR Condos for Rent

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  • /10

    $895 Per Month

    • 2 Beds
    • 2 Baths
    • 1,248 Sq Ft
    • Condo for Rent

    1060 Farley Cir, Greenwood, AR 72936

    * Move-In Special - $200 Off First Month's Rent (Offer Ends 6/30/26) *To schedule a showing, please visit: Welcome to Greenwood, AR, where you'll find the perfect blend of comfort and convenience in our Large 1248 sqft 2 Bedroom, 2 Bathroom, 1 Car Garage Duplex. This spacious duplex offers a generous layout with two bedrooms and two bathrooms, providing ample space for you to

    1060 Farley Cir, Greenwood, AR 72936
  • /6

    $600 Per Month

    • 1 Bed
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    340 W Dogwood St, Greenwood, AR 72936

    $55 Application Fee per tenant over the age of 18. We are looking for tenants with good rental references and who don't have charge offs with previous landlords.**Tenants are responsible for Electric ** 1st Floor Unit**Call ( 24/7 ) To talk with someone from our leasing team** **HUD NOT accepted

    340 W Dogwood St, Greenwood, AR 72936
  • /15

    $1,200 Per Month

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • Condo for Rent

    1075 Grinnel Cir Unit A, Greenwood, AR 72936

    1075 Grinnel Cir Unit A, Greenwood, AR 72936

Frequently Asked Questions

How much does it cost to rent a condo in Greenwood, AR?
The median rent for a condo in Greenwood, AR is $895 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Greenwood, AR?
To comfortably afford the median rent in Greenwood, AR, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Greenwood, AR, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Greenwood, AR?
In Greenwood, AR, the price-to-rent ratio is 14.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Greenwood, AR

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$895
Median 1 Bedroom Condo Rent
$600
Median 2 Bedroom Condo Rent
$895
Median 3 Bedroom Condo Rent
$1,200
How to Rent a Home