1-Bedroom Rent · August 2026

1-Bedroom Apartment Rent in Greenwood, AR

$710/mo

Median asking rent for a 1-bedroom apartment in Greenwood, Arkansas as of August 2026. That's +42% lower than the citywide median of $1,222 and +49% below the national 1-bedroom median of $1,395.

1-Bedroom median
$710
August 2026
vs city overall
-42%
$1,222 city median
vs national
-49%
$1,395 US median
Arkansas rank
#6
of 36 cities

Income needed for a 1-bedroom in Greenwood

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.

Annual income
$28,400
Monthly gross
$2,367
Hourly (full-time)
$13.65

Rent by apartment size in Greenwood

Compare Greenwood's median rent across every apartment size.

Studio
$700
1-Bedroom (current)
$710
2-Bedroom
$930
3-Bedroom
$1,260
4+ Bedroom
$1,530

Cheapest cities for a 1-bedroom in Arkansas

#City1-Bedroom rent
1Pine Bluff$567
2Batesville$660
3Morrilton$660
4Russellville$660
5Van Buren$700
6Greenwood (this page)$710
7Mountain Home$720
8Fort Smith$728
9Searcy$750
10Paragould$770
11Hot Springs$775
12Texarkana$820
13Prairie Grove$840
14Siloam Springs$840
15Jonesboro$857

Most expensive cities for a 1-bedroom in Arkansas

#City1-Bedroom rent
1Pea Ridge$1,390
2Centerton$1,160
3Farmington$1,080
4Bentonville$1,050
5Bella Vista$1,045
6Johnson$961
7Rogers$950
8Fayetteville$947
9Maumelle$940
10Little Rock$924
11Springdale$920
12Gentry$920
13Sherwood$910
14North Little Rock$900
15Ward$890

Nearby cities — 1-bedroom rent

Considering nearby alternatives? 2 of these cities have cheaper 1-bedroom rents than Greenwood.

CityDistance1-Bedroom rentvs Greenwood
Barling, AR10.7 mi$880+$170 (+24%)
Fort Smith, AR15.8 mi$728+$18 (+3%)
Van Buren, AR21.1 mi$700$-10 (-1%)
Prairie Grove, AR51.9 mi$840+$130 (+18%)
Farmington, AR58.1 mi$1,080+$370 (+52%)
Johnson, AR58.6 mi$961+$251 (+35%)
Fayetteville, AR61.1 mi$947+$237 (+33%)
Springdale, AR68.4 mi$920+$210 (+30%)
Siloam Springs, AR69.5 mi$840+$130 (+18%)
Tahlequah, OK73.3 mi$740+$30 (+4%)
Russellville, AR74.6 mi$660$-50 (-7%)
Gentry, AR76.3 mi$920+$210 (+30%)

1-Bedroom rent in Greenwood — common questions

How much is a 1-bedroom apartment in Greenwood?

As of August 2026, the median 1-bedroom apartment rent in Greenwood, Arkansas is $710 per month. This is +42% below the citywide median of $1,222.

What income do you need to afford a 1-bedroom in Greenwood?

Using the standard 30% rent-to-income rule, you would need an annual income of about $28,400 ($2,367/month gross), which works out to roughly $13.65/hour at a full-time job.

Is Greenwood expensive for a 1-bedroom compared to the rest of the US?

Greenwood's 1-bedroom median of $710 is +49% below the national 1-bedroom median of $1,395. It ranks in the 1th percentile of US cities tracked.

How does Greenwood rank for 1-bedroom rent in Arkansas?

Among the 36 cities in Arkansas with 1-bedroom data, Greenwood ranks #6 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Greenwood?

Yes — nearby cities with cheaper 1-bedroom rents include Van Buren ($700), Russellville ($660).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Greenwood, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.