Greenwood renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Greenwood is about $1,957 per month. This puts it in the 80th percentile compared to the city average cost of rent, which is $1,670. Households in Greenwood have a median income of $7,072 per month so the average renter in Greenwood is spending roughly 28% of their earnings on housing.
Nationally, and in Greenwood, home values are the data point most closely correlated with the cost of rent. The median price of a home in Greenwood is $1,174,688 right now, which is lower than neighborhoods nearby, meaning that rents in Greenwood also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the northeastern parts of Greenwood while lower rent rates are often available in southern areas.
Nearby Neighborhoods
- Park Slope, Brooklyn, NY: more expensive rent prices
- Carroll Gardens, Brooklyn, NY: more expensive rent prices
- Red Hook, Brooklyn, NY: less expensive rent prices
- Sunset Park, Brooklyn, NY: less expensive rent prices
- Borough Park, Brooklyn, NY: less expensive rent prices
- Boerum Hill, Brooklyn, NY: more expensive rent prices
- Flatbush-Ditmas Park, Brooklyn, NY: less expensive rent prices
- Cobble Hill, Brooklyn, NY: more expensive rent prices
- Crown Heights, Brooklyn, NY: less expensive rent prices
- Prospect Lefferts Gardens, Brooklyn, NY: less expensive rent prices
Neighborhoods with Similar Populations
- Glen-Fallstaff, Baltimore, MD: less expensive rent prices
- Bull Run, Manassas, VA: less expensive rent prices
- Hyde Park-Brookwood-Southern Hills, Shreveport, LA: less expensive rent prices
- Central Arlington, Arlington, TX: less expensive rent prices
- Old Aurora, New Orleans, LA: less expensive rent prices
- Flat Rock Area, Flat Rock, MI: less expensive rent prices
- Baker-Zachary Area, Baker, LA: less expensive rent prices
- Encanto, San Diego, CA: less expensive rent prices
- Santa Anita, Santa Ana, CA: less expensive rent prices
- Garfield Park, Grand Rapids, MI: less expensive rent prices
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