Cheap Apartments for Rent in Greenfield, IL from $300 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Greenfield.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 205 North St

205 North St

RaymondIL62560

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Greenfield, IL Local Guide

Cheapest Available Greenfield Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenfield, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. Rocwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Greenfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$462
Rocwood Apartments1BR Units1BR,1BA$650
Morton Street Apartments1 bed one bath1BR,1BA$690
Whispering Lake Apartments1BR 1BA GARDEN1BR,1BA$745
Bilava Village1BD/1BA1BR,1BA$795

Best Value Apartments for Rent in Greenfield, IL and Nearby

As of July 30, 2025 the best value apartment in the Greenfield area is the $1.17 price per square foot CP Townhome 3BR Model at Cobblestone Place in the starting from $1,975. The second greatest value Greenfield apartment is the 2 x 2 Model at Greenway Chase starting at $1,210 with a $1.27 price per square foot in the Weatherby Place neighborhood. Here is today’s list of the best values for Greenfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cobblestone PlaceCP Townhome 3BR3BR,2.5BA$1.17
Greenway Chase2 x 22BR,2BA$1.27
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.07
Windham Chase2 BD/1B2BR,1BA$1.14
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
Broadway Place2 Beds, 1 bath2BR,1BA$1.34
River ChaseBrentwood1BR,1BA$1.28
Whispering Lake Apartments1BR 1BA GARDEN1BR,1BA$1.15
Rocwood Apartments1BR Units1BR,1BA$1.05
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.84

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Greenfield, IL Rentals by Map

View Map
Greenfield, IL Apartments Map
View Map
Greenfield, IL Rental Homes Map

Getting Around Greenfield, IL

Walk Score®

39 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Greenfield Apartments

How much is rent for a Cheap One Bedroom Greenfield Apartment?

The lowest price for a Cheap One Bedroom Greenfield Apartment is $462 at Jacksonville Affordable Housing.

What is the lowest price for a Cheap Two Bedroom Greenfield Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Greenfield is starting from $515 at Jacksonville Affordable Housing.

What is the most affordable Greenfield Three Bedroom Apartment?

The best deal on a cheap Greenfield Three Bedroom Apartment rental is at Rocwood Apartments and starts from $1,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.