3-Bedroom Apartment Rent in Greenwood, AR
Median asking rent for a 3-bedroom apartment in Greenwood, Arkansas as of July 2026. That's +5% higher than the citywide median of $1,200 and +41% below the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in Arkansas
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Pine Bluff | $999 |
| 2 | Batesville | $1,140 |
| 3 | Johnson | $1,148 |
| 4 | Searcy | $1,180 |
| 5 | Russellville | $1,200 |
| 6 | Mountain Home | $1,230 |
| 7 | Van Buren | $1,250 |
| 8 | Greenwood (this page) | $1,260 |
| 9 | Paragould | $1,260 |
| 10 | Hot Springs | $1,265 |
| 11 | Texarkana | $1,280 |
| 12 | Fort Smith | $1,304 |
| 13 | Greenbrier | $1,310 |
| 14 | Jacksonville | $1,310 |
| 15 | Conway | $1,330 |
Most expensive cities for a 3-bedroom in Arkansas
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Pea Ridge | $2,340 |
| 2 | Centerton | $1,950 |
| 3 | Farmington | $1,820 |
| 4 | Bentonville | $1,765 |
| 5 | Bella Vista | $1,765 |
| 6 | Rogers | $1,605 |
| 7 | Fayetteville | $1,600 |
| 8 | Barling | $1,560 |
| 9 | Springdale | $1,545 |
| 10 | Maumelle | $1,450 |
| 11 | Siloam Springs | $1,430 |
| 12 | Prairie Grove | $1,430 |
| 13 | Little Rock | $1,423 |
| 14 | Sherwood | $1,400 |
| 15 | North Little Rock | $1,388 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 3-bedroom rents than Greenwood.
| City | Distance | 3-Bedroom rent | vs Greenwood |
|---|---|---|---|
| Barling, AR | 10.7 mi | $1,560 | +$300 (+24%) |
| Fort Smith, AR | 15.8 mi | $1,304 | +$44 (+3%) |
| Van Buren, AR | 21.1 mi | $1,250 | $-10 (-1%) |
| Prairie Grove, AR | 51.9 mi | $1,430 | +$170 (+13%) |
| Farmington, AR | 58.1 mi | $1,820 | +$560 (+44%) |
| Johnson, AR | 58.6 mi | $1,148 | $-112 (-9%) |
| Fayetteville, AR | 61.1 mi | $1,600 | +$340 (+27%) |
| Springdale, AR | 68.4 mi | $1,545 | +$285 (+23%) |
| Siloam Springs, AR | 69.5 mi | $1,430 | +$170 (+13%) |
| Tahlequah, OK | 73.3 mi | $1,190 | $-70 (-6%) |
| Russellville, AR | 74.6 mi | $1,200 | $-60 (-5%) |
| Rogers, AR | 78.2 mi | $1,605 | +$345 (+27%) |
3-Bedroom rent in Greenwood — common questions
How much is a 3-bedroom apartment in Greenwood?
As of July 2026, the median 3-bedroom apartment rent in Greenwood, Arkansas is $1,260 per month. This is +5% higher than the citywide median of $1,200.
What income do you need to afford a 3-bedroom in Greenwood?
Using the standard 30% rent-to-income rule, you would need an annual income of about $50,400 ($4,200/month gross), which works out to roughly $24.23/hour at a full-time job.
Is Greenwood expensive for a 3-bedroom compared to the rest of the US?
Greenwood's 3-bedroom median of $1,260 is +41% below the national 3-bedroom median of $2,130. It ranks in the 4th percentile of US cities tracked.
How does Greenwood rank for 3-bedroom rent in Arkansas?
Among the 34 cities in Arkansas with 3-bedroom data, Greenwood ranks #8 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Greenwood?
Yes — nearby cities with cheaper 3-bedroom rents include Van Buren ($1,250), Johnson ($1,148), Tahlequah ($1,190).