$950 Per Month
- 3 Beds
- 1 Bath
- Greenwood, LA
7056 Winburn Dr, Greenwood, LA 71033
Nice brick home on massive lot!
Frequently Asked Questions
How much does it cost to rent a home in Greenwood, LA?
The median rent for a home in Greenwood, LA is $950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Greenwood, LA?
To comfortably afford the median rent in Greenwood, LA, a household needs to earn roughly $38,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $950 per month in Greenwood, LA, renters typically need to show $2,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Greenwood, LA?
In Greenwood, LA, the price-to-rent ratio is 22.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Greenwood, LA are best for renting a home?
The best neighborhood for renting in Greenwood, LA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Western Hills-Yarborough, Pines Road, Hyde Park-Brookwood-Southern Hills, Sunset Acre/Garden Valley/Morningside and Caddo Heights/South Highlands, each with its own character and price range.
