
Cheap Apartments for Rent near Greenfield, IL from $347 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenfield.


Emerald Ridge

326 E Central St

Rocwood Apartments

Crossing at Northpointe Apartments

Godfrey Estates

Broadway Place

The Raymond Apartments

Whispering Lake Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

CARDINAL RIDGE

Bilava Village

Laborer's Home Development IV, For Age 62+

River Chase

New Eastlawn Apartments

Kensington Square Apartments

Paddock Village Apartments

The Groves Apartments and Townhomes

DES ARBOLES
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Surrey Court Apartments

The Reserve at Spanish Lake

Windham Chase Apartments

ReNew at Alton

Metro Apartments at Wood River

Metro Apartments At Bethalto

Victorian Village

Ash Grove

Cobblestone Place
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lotts Landing Senior Apartments

Morton Street Apartments

205 North St

1311 Willard St

1500 Jersey St

1007 W Corbin St

116 N 14th St

2951 Hillcrest Ave

205 N North St
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.

902 State St

Heatherton Estates

144 Victory Dr

146 S 10th St

406 S 3rd St

735 E College Ave

302 Cobb St

450 Hamilton Ave

306 Lampert 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.

820 Eighth St

913 Gold St

818 E 5th St

176 S Pence St
Greenfield, IL Local Guide

How much does it cost to rent an apartment in Greenfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenfield 1 Bedroom Apartments | $937 | $347 | $1,599 |
| Greenfield 2 Bedroom Apartments | $1,250 | $408 | $2,314 |
| Greenfield 3 Bedroom Apartments | $1,388 | $859 | $1,975 |
| Greenfield 4 Bedroom Apartments | $875 | $600 | $1,150 |
Browse Top Apartments in Greenfield
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Greenfield, IL Local Guide
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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 $485. Lotts Landing Senior Apartments in the Macoupin County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Greenfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $560 |
| 326 E Central St | 1 bed 1 bath | 1BR,1BA | $700 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Crossing at Northpointe Apartments | 1 BR - 1 BTH | 1BR,1BA | $725 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $752 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $800 |
| Whispering Lake Apartments | 2BR 1BA GARDEN | 2BR,1BA | $808 |
| Bilava Village | 1BD/1BA | 1BR,1BA | $825 |
| Laborer's Home Development IV, For Age 62+ | 1 BR | 1BR,1BA | $830 |
Best Value Apartments for Rent in Greenfield, IL and Nearby
As of August 27, 2026 the best value apartment in the Greenfield area is the $1.10 price per square foot 2 Bed 1.5 Bath Model at Victorian Village in the in the Paddock Forest neighborhood starting from $1,045. The second greatest value Greenfield apartment is the 2 Beds, 1 bath Model at Surrey Court Apartments starting at $970 with a $1.12 price per square foot in the Godfrey neighborhood. Here is today’s list of the best values for Greenfield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Victorian Village | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.10 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| Paddock Village Apartments | ACE | 2BR,1BA | $1.12 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $1.03 |
| Crossing at Northpointe Apartments | 1 BR - 1 BTH | 1BR,1BA | $1.08 |
| Lotts Landing Senior Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.87 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $1.13 |
| Jacksonville Affordable Housing | 1 Bedroom 60% | 1BR,1BA | $0.88 |
Don'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenfield, IL Rentals by Map
See the most popular apartments and homes in Greenfield, IL
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 $485 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 $540 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 Broadway Place and starts from $859.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.