Homes & Apartments for Rent in 72936

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What to Know About

Life in Greenwood & Beyond

Greenwood shares many of the great qualities that make Arkansas a desirable place to live.

Arkansas is where nature's beauty and culture's richness come together in perfect harmony. Embark on a journey through history by visiting iconic cultural landmarks like the Central High Museum and Visitor Center and the Mosaic Templars Cultural Center. And for those seeking education, Arkansas boasts top-tier universities like the University of Arkansas and Arkansas State University. In addition, Arkansas has a strong economy focusing on technology, tourism, and natural resources.

It's a place that caters to both nature lovers and sports lovers. Take a scenic hike in the Ozark National Forest and the Ouachita Mountains, attend live sporting events at Razorback Stadium, or explore the beauty of Bull Shoals Lake. Also, pay attention to famous attractions like the Crystal Bridges Museum of American Art, the William J. Clinton Presidential Library, or the historic Hot Springs National Park.

Prepare to be dazzled by the hidden gems of Arkansas and experience why it's a genuine diamond in the rough. From picturesque landscapes to bustling cities, this state has it all. Come and see why Arkansas is not just a great place to live but thrive and succeed.

Rental Market Trends

Greenwood, AR

As of September 2026, Greenwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Greenwood's average rent is 7.9% ($85) lower than the Arkansas average of $1,081 and 44.9% ($812) lower than the U.S. average of $1,808.

Average Rent
$996
Monthly ChangeMonth Over Month Change
Decreased7.9% ($85)
Yearly ChangeYear Over Year Change
Decreased16.3% ($194)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $748 Decreased6.3% ($50) Decreased8.8% ($72)
2 Beds $829 Decreased6.2% ($55) Decreased8.8% ($80)
3 Beds $1,177 Decreased0.6% ($7) Decreased3.3% ($40)
Nearby Cities Average Rent Avg. Rent vs. GreenwoodAverage Rent vs. Greenwood Avg. Days on MarketAverage Days on Market
Hackett $770 Decreased22.7% ($226) 36 days
Barling $1,062 Increased6.6% ($66) 37 days
Lavaca $615 Decreased38.3% ($381) 35 days
Charleston $1,181 Increased18.6% ($185) 36 days
Fort Smith $816 Decreased18.1% ($180) 37 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Greenwood Rental Market FAQs

Explore rental prices, market trends, and availability in Greenwood, AR.

The average rent in Greenwood, AR is $996 per month.
Homes in Greenwood typically rent for between $600 and $1,530 per month, with an average of $996 per month.
In Greenwood, the average rent for a 1-bedroom home is $748 per month, for a 2-bedroom home, $829 per month, and a 3-bedroom home is $1,177 per month.
The average rent in Greenwood is 44.9% ($812) lower than the national average of $1,808 per month.
The average rent in Greenwood has decreased by 7.9% ($85) in the last month and decreased by 16.3% ($194) over the past year.
The rental market in Greenwood, AR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Greenwood, AR, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 20 rental properties available in Greenwood, AR.
Based on the current averages, a household would need an annual income of $33,160 to comfortably afford a 2-bedroom home in Greenwood.
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