Cheap Apartments for Rent in Greenfield, IN from $400 (23 Rentals)

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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.

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, IN Local Guide

Cheapest Available Greenfield Apartments for Rent

 

The cheapest available apartment rental in Greenfield, IN is a 1 Bed unit found at LINCOLN PARK APARTMENTS priced from $470. Serenity Park Apartments in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here is today’s list of the most affordable Greenfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSOne Bedroom One Bathroom1BR,1BA$470
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Spanish OaksStudioStudio,1BA$799
Vineyards Apartments2 Bedroom 1 Bath Apartment2BR,1BA$866
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899

Best Value Apartments for Rent in Greenfield, IN

As of June 24, 2025 the best value apartment in the Greenfield area is the $1.33 price per square foot HARMONY Model at Sandalwood in the starting from $1,995. The second greatest value Greenfield apartment is the The Huntsman I Model at Gateway Crossing Apartments starting at $1,829 with a $1.36 price per square foot in the Admirals Landing 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.
SandalwoodHARMONY3BR,2BA$1.33
Gateway Crossing ApartmentsThe Huntsman I3BR,2BA$1.36
Redwood GreenfieldMeadowood2BR,2BA$1.38
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
CrosswindsWright3BR,1.5BA$1.33
Jefferson Place ApartmentsB1-U2BR,2BA$1.21
Country Lake TownhomesThe Prince2BR,1.5BA$1.40
308 S State St, Unit 308308 S State St2BR,1BA$1.15
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.89
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

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.

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Pet Friendly Lifestyle
Greenfield, IN

Ranked #157

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Greenfield, IN Rentals by Map

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Getting Around Greenfield, IN

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 $470 at LINCOLN PARK APARTMENTS.

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 $780 at LINCOLN PARK APARTMENTS.

What is the most affordable Greenfield Three Bedroom Apartment?

The best deal on a cheap Greenfield Three Bedroom Apartment rental is at The Life at Belhaven Place and starts from $1,387.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

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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.

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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.