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Greenwood, AR Area Guide

Avg Rent

$682

Population

9,254

Renter Mix

27% Rent

Greenwood: A mining town rocketing with modern amenities

Historic Conveniences Golf

Founded in 1851, the city of Greenwood was named after Judge Alfred Burton Greenwood, who presided over 10 northwest Arkansas counties during his tenure. From the clock and bell tower on the town square to the Old Jail Museum, this historic coal miners’ town features a plethora of growing modern conveniences. Numerous dining options can be found along West Center Street. Follow this road to Route 71 and I-540, and you’ll discover cool shopping boutiques in nearby Fort Smith and Van Buren.

Residents of Greenwood enjoy concerts at the Greenwood Performing Arts Center, a round of golf with friends at Vache Grass Golf Course, and a stroll along the many walking/jogging trails that surround Greenwood Lake. Less than a two-hour drive away is the Ouachita National Forest.

Demographics

Median Household Income

$54,720

Average: $70,326

Education

1,774

Residents Have a Degree

Job Market

4,167

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

37 Years

Largest Age Group

10-19 Years

Approximately 15% of Residents

Under 20

29%

Over 65

15%

Housing Distribution

Greenwood has more homeowners than renters.

Renters
27%
Non-Renters
73%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
16%
Other Education
84%

Rent Trends

As of July 2026, the average apartment rent in Greenwood, AR is $682 for one bedroom, $743 for two bedrooms, and $698 for three bedrooms. Apartment rent in Greenwood has increased by 7.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$682/month
710 Sq Ft
House
$1,440/month
524 Sq Ft
See Rental Market Trends in Greenwood, AR

Learn More About Greenwood

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Somewhat Bikeable

Bikeability

20 / 100

Schools

Westwood Elementary School

Public

Grades PK-5

711 Students

East Pointe Elementary School

Public

Grades K-5

671 Students

East Hills Middle School

Public

Grades K-5

635 Students

Greenwood Junior High School

Public

Grades 6-8

611 Students

Greenwood Freshman Center

Public

Grades 6-12

298 Students

Greenwood High School

Public

Grades 9-12

1,132 Students

Greenwood Freshman Center

Public

Grades 6-12

298 Students

Points of Interest

Parks and Recreation

  • Janet Huckabee Arkansas River Valley Nature Center

Airports

  • Fort Smith Regional

Top Apartments in Greenwood

Houses for Rent in Greenwood

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.