2-Bedroom Apartment Rent in Greenwood, AR
Median asking rent for a 2-bedroom apartment in Greenwood, Arkansas as of August 2026. That's +24% lower than the citywide median of $1,222 and +44% below the national 2-bedroom median of $1,655.
Income needed for a 2-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 2-bedroom at the current median rent.
Rent by apartment size in Greenwood
Compare Greenwood's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Arkansas
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Pine Bluff | $830 |
| 2 | Batesville | $860 |
| 3 | Morrilton | $870 |
| 4 | Russellville | $870 |
| 5 | Paragould | $900 |
| 6 | Searcy | $910 |
| 7 | Van Buren | $920 |
| 8 | Greenwood (this page) | $930 |
| 9 | Mountain Home | $950 |
| 10 | Fort Smith | $958 |
| 11 | Greenbrier | $990 |
| 12 | Jacksonville | $990 |
| 13 | Conway | $1,000 |
| 14 | Hot Springs | $1,000 |
| 15 | Prairie Grove | $1,010 |
Most expensive cities for a 2-bedroom in Arkansas
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Pea Ridge | $1,670 |
| 2 | Centerton | $1,390 |
| 3 | Farmington | $1,300 |
| 4 | Johnson | $1,265 |
| 5 | Bentonville | $1,260 |
| 6 | Bella Vista | $1,260 |
| 7 | Barling | $1,150 |
| 8 | Rogers | $1,140 |
| 9 | Fayetteville | $1,140 |
| 10 | Springdale | $1,100 |
| 11 | Gentry | $1,100 |
| 12 | Maumelle | $1,090 |
| 13 | Little Rock | $1,068 |
| 14 | Sherwood | $1,050 |
| 15 | North Little Rock | $1,043 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 2-bedroom rents than Greenwood.
| City | Distance | 2-Bedroom rent | vs Greenwood |
|---|---|---|---|
| Barling, AR | 10.7 mi | $1,150 | +$220 (+24%) |
| Fort Smith, AR | 15.8 mi | $958 | +$28 (+3%) |
| Van Buren, AR | 21.1 mi | $920 | $-10 (-1%) |
| Prairie Grove, AR | 51.9 mi | $1,010 | +$80 (+9%) |
| Farmington, AR | 58.1 mi | $1,300 | +$370 (+40%) |
| Johnson, AR | 58.6 mi | $1,265 | +$335 (+36%) |
| Fayetteville, AR | 61.1 mi | $1,140 | +$210 (+23%) |
| Springdale, AR | 68.4 mi | $1,100 | +$170 (+18%) |
| Siloam Springs, AR | 69.5 mi | $1,010 | +$80 (+9%) |
| Tahlequah, OK | 73.3 mi | $930 | — |
| Russellville, AR | 74.6 mi | $870 | $-60 (-6%) |
| Gentry, AR | 76.3 mi | $1,100 | +$170 (+18%) |
2-Bedroom rent in Greenwood — common questions
How much is a 2-bedroom apartment in Greenwood?
As of August 2026, the median 2-bedroom apartment rent in Greenwood, Arkansas is $930 per month. This is +24% below the citywide median of $1,222.
What income do you need to afford a 2-bedroom in Greenwood?
Using the standard 30% rent-to-income rule, you would need an annual income of about $37,200 ($3,100/month gross), which works out to roughly $17.88/hour at a full-time job.
Is Greenwood expensive for a 2-bedroom compared to the rest of the US?
Greenwood's 2-bedroom median of $930 is +44% below the national 2-bedroom median of $1,655. It ranks in the 2th percentile of US cities tracked.
How does Greenwood rank for 2-bedroom rent in Arkansas?
Among the 36 cities in Arkansas with 2-bedroom data, Greenwood ranks #8 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Greenwood?
Yes — nearby cities with cheaper 2-bedroom rents include Van Buren ($920), Russellville ($870).