Louisiana offers a fascinating blend of rich culture and history mixed with French, African, and American influences. The state is home to New Orleans, famous for its Mardi Gras celebrations, jazz music, and Creole cuisine. Immerse yourself in the state's rich heritage with visits to iconic landmarks like the Whitney Plantation and the Preserve Louisiana, or take advantage of the educational opportunities available at universities like Louisiana State University, Tulane University, Southern University, and A&M College. A mix of industries drives Louisiana's economy, including petrochemical production, shipping, and tourism.

The excitement never stops, from fishing in the Gulf of Mexico to hiking the trails of Kisatchie National Forest. You can also cheer on the New Orleans Saints (NFL) and New Orleans Pelicans (NBA) or catch thrilling college sports games. Discover famous attractions like the French Quarter, the Houmas House Plantation, and the USS Kidd Museum. The theater scene is thriving in Louisiana, with the New Orleans Ballet Association and Louisiana Philharmonic Orchestra located there.

Embrace the Pelican State and discover why Louisiana is a southern gem that shines bright. With its vibrant spirit and rich history, Louisiana promises a truly unforgettable experience, making it a great place to live.

Rental Market Trends

Greenwood, LA

As of July 2025, Greenwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Greenwood's average rent is 41.9% ($519) lower than the Louisiana average of $1,239 and 59.4% ($1,055) lower than the U.S. average of $1,775.

Average Rent

$720

Monthly ChangeMonth Over Month Change

0.6% ($4)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$599	No change	No change
2 Beds	$695	No change	No change
3 Beds	$796	No change	No change

Nearby Cities	Average Rent	Avg. Rent vs. GreenwoodAverage Rent vs. Greenwood	Avg. Days on MarketAverage Days on Market
Keithville	$1,023	42.1% ($303)	35 days
Waskom	$728	1.1% ($8)	43 days
Shreveport	$974	35.3% ($254)	36 days
Bossier City	$735	2.1% ($15)	25 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, LA.

What is the average rent in Greenwood, LA?

The average rent in Greenwood, LA is $720 per month.

What is the rental price range for homes in Greenwood, LA?

Homes in Greenwood typically rent for between $600 and $1,035 per month, with an average of $720 per month.

What is the average rent for different bedroom sizes in Greenwood, LA?

In Greenwood, the average rent for a 1-bedroom home is $599 per month, for a 2-bedroom home, $695 per month, and a 3-bedroom home is $796 per month.

How do rent prices in Greenwood, LA compare with the national average?

The average rent in Greenwood is 59.4% ($1,055) lower than the national average of $1,775 per month.

How competitive is the rental market in Greenwood, LA?

The rental market in Greenwood, LA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Greenwood, LA?

In Greenwood, LA, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Greenwood, LA?

There is currently 1 rental property available in Greenwood, LA.

Can I afford to rent a home in Greenwood, LA?

Based on the current averages, a household would need an annual income of $27,800 to comfortably afford a 2-bedroom home in Greenwood.