
Cheap Homes for Rent in Greencastle, IN from $400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Greencastle.


2000 Indianapolis Rd

259 N Main St

170 N Main St

1869 Forsythe Ln
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

60 W Morgan St

910 N Meridian St Rd

10301 Medallion Dr

25 W Collins St

655 N Graham St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

20 W Chestnut St
Greencastle, IN Local Guide

How much does it cost to rent a home in Greencastle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greencastle 2 Bedroom Homes for Rent | $1,097 | $425 | $1,650 |
| Greencastle 3 Bedroom Homes for Rent | $1,776 | $900 | $2,200 |
| Greencastle 4 Bedroom Homes for Rent | $2,428 | $1,950 | $2,650 |
| Greencastle 5 Bedroom Homes for Rent | $2,315 | $1,750 | $2,800 |
Browse Top Homes for Rent in Greencastle
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Greencastle, IN Local Guide
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Cheapest Available Greencastle Apartments for Rent and Nearby
 The cheapest available apartment rental in Greencastle, IN is a 1 Bed unit found at Harpers Crossing in the The Settlement - Designer neighborhood priced from $840. Stafford Pointe in the The Settlement - Designer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $860. Here is today’s list of the most affordable Greencastle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harpers Crossing | 1 bdr | 1BR,1BA | $840 |
| Stafford Pointe | 1 BR/ 1 BA | 1BR,1BA | $860 |
| Cloverdale Heights | 1 BR/ 1 BA (includes $30 water sewer trash) | 1BR,1BA | $890 |
| Waveland Place Apartments | 1BD/1BA | 1BR,1BA | $900 |
| The Landings | 1 Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Greencastle, IN and Nearby
As of May 05, 2026 the best value apartment in the Greencastle area is the $1.32 price per square foot 4BR/4.0BA Model at Ashton Apartments in the starting from $1,980. The second greatest value Greencastle apartment is the 3x2-80% Model at Townhomes on Main starting at $1,205 with a $0.81 price per square foot . Here is today’s list of the best values for Greencastle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ashton Apartments | 4BR/4.0BA | 4BR,4BA | $1.32 |
| Townhomes on Main | 3x2-80% | 3BR,2BA | $0.81 |
| Stafford Pointe | 3 BR/ 1.5 BA Townhouse | 3BR,1.5BA | $1.33 |
| Canyon Club at Perry Crossing | Todra (C2) | 2BR,2BA | $1.31 |
| Hillcrest Apartments | WAITLIST - Spacious 2-bedroom apartment home! | 2BR,1BA | $1.24 |
| Lakeside at Walnut Hills | 2 Bed 1 Bath | 2BR,1BA | $1.35 |
| LaCabreah Apartments | Dover | 1BR,1BA | $1.18 |
| The Landings | 1 Bedroom | 1BR,1BA | $1.22 |
| Waveland Place Apartments | 1BD/1BA | 1BR,1BA | $1.29 |
| Harpers Crossing | 1 bdr | 1BR,1BA | $1.24 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Greencastle, IN
Deer Meadow Primary School
Greencastle Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greencastle, IN Rentals by Map
See the most popular apartments and homes in Greencastle, IN
Frequently Asked Questions about Greencastle
What type of rentals are currently available in Greencastle?
There are currently 63 Apartments for Rent in Greencastle, IN with pricing that ranges from $486 to $3,784. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greencastle ranging from $425 to $2,800.
What is the current price range for Rental Homes in Greencastle?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greencastle ranges from $425 to $2,800 with an average monthly rent of $1,590.
How much are larger Three and Four Bedroom Rentals in Greencastle?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greencastle range from $486 to $3,784, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,159.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.