
Cheap Apartments for Rent in Greenfield, IN from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenfield.


Reflections I

2142 W US Hwy 40, Unit 2

906 W South St

Preserve on Blue Road Apartments

Greenfield Knoll Apartments

Greenfield Crossing

Washington Village Apartments

Grace Lane Apartments

Total Monthly Price
306 S State St, Unit 1
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.

LILA

2142 W US Hwy 40

Eastway Court Apartments

22 Wilson St

Prairie Meadows

Bluestone

Randall Residence at Gateway Park

1014 E 7th St

Bavarian Village Apartments

Spanish Oaks
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.

Serenity Park Apartments

Willowood East

Stonecrest Apartments

Knoll Ridge Townhomes

The Vineyards Apartment Homes

Lake Marina Apartments

Carriage House East

Bristol Square

Benjamin Court

Cumberland Manor
Cash 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.

Willow Glen East

Harrison Point Apartments

Warren Harbor Apartments

Country Lake Estates

Gateway Crossing Apartments

Cedar Ridge

The Life at Belhaven Place

Crosswinds

Teal Run Apartments

Total Monthly Price
BroadAcre Apartments of McCordsville
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.

Iron Trail at the Hub

Harrison Place Apartments

Jefferson Place Apartments

McCord Square Apartments

Kensington Gardens

Country Lake Townhomes

Elmtree Park

4881 300W

140 Wilson Dr

Freeman Apartments
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.
Greenfield, IN Local Guide

How much does it cost to rent an apartment in Greenfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Greenfield Studio Apartments | $754 | $481 | $1,110 |
| Cheap Greenfield 1 Bedroom Apartments | $1,243 | $479 | $2,450 |
| Cheap Greenfield 2 Bedroom Apartments | $1,514 | $780 | $3,231 |
| Cheap Greenfield 3 Bedroom Apartments | $1,849 | $1,225 | $3,759 |
| Cheap Greenfield 4 Bedroom Apartments | $2,185 | $1,585 | $2,854 |
Browse Top Apartments in Greenfield
See all Apartments in GreenfieldExplore Greenfield
Greenfield, IN Local Guide
- Greenfield Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Greenfield Apartments for Rent
 The cheapest available apartment rental in Greenfield, IN is a Studio unit found at LINCOLN PARK APARTMENTS priced from $645. Elmtree Park in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Greenfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | Studio | Studio,1BA | $645 |
| Elmtree Park | Studio 1 Bath | Studio,1BA | $700 |
| Spanish Oaks | Studio | Studio,1BA | $775 |
| Willowood East | Studio | Studio,1BA | $795 |
| Stonecrest Apartments | 1 bedroom 1 bath #3 | 1BR,1BA | $840 |
| Knoll Ridge Townhomes | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Bavarian Village Apartments | The Challis 1 BR 1 BA | 1BR,1BA | $874 |
| The Vineyards Apartment Homes | Studio Classic | Studio,1BA | $889 |
| Lake Marina Apartments | The Runabout | 1BR,1BA | $899 |
| Carriage House East | 1 Bedroom Apartment – Hope | 1BR,1BA | $900 |
Best Value Apartments for Rent in Greenfield, IN
As of June 20, 2026 the best value apartment in the Greenfield area is the $1.28 price per square foot 4 Bed, 1.5 bath Townhome Model at Knoll Ridge Townhomes in the in the Southeast Indianapolis neighborhood starting from $1,600. The second greatest value Greenfield apartment is the 3 Bedroom Model at Jefferson Place Apartments starting at $1,550 with a $1.31 price per square foot in the Barrington Estates 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. |
|---|---|---|---|
| Knoll Ridge Townhomes | 4 Bed, 1.5 bath Townhome | 4BR,1.5BA | $1.28 |
| Jefferson Place Apartments | 3 Bedroom | 3BR,2BA | $1.31 |
| The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1.21 |
| Carriage House East | 3 Bedroom Townhome – Empowerment | 3BR,1.5BA | $1.32 |
| Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.35 |
| Teal Run Apartments | 2BR/1.0BA | 2BR,1BA | $1.38 |
| Serenity Park Apartments | NOW LEASING – NEW MANAGEMENT – APARTMENTS GOING... | 2BR,1BA | $1.16 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Reflections I | 1x1 60%ctv | 1BR,1BA | $1.32 |
| Warren Harbor Apartments | The York | 1BR,1BA | $1.34 |
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 ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
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.
Best Local Schools in Greenfield, IN
Greenfield-Central High School
Greenfield Central Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenfield, IN Rentals by Map
See the most popular apartments and homes in Greenfield, IN
Frequently Asked Questions about Cheap Greenfield Apartments
What is the Cheapest Studio apartment in Greenfield?
Currently the most affordable Cheap Studio Apartment in Greenfield is at LINCOLN PARK APARTMENTS listed at $645.
How much is rent for a Cheap One Bedroom Greenfield Apartment?
The lowest price for a Cheap One Bedroom Greenfield Apartment is $840 at Stonecrest 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 $969 at Serenity Park Apartments.
What is the most affordable Greenfield Three Bedroom Apartment?
The best deal on a cheap Greenfield Three Bedroom Apartment rental is at Crosswinds and starts from $1,354.
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.
Helpful Local Expert Guides

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.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
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Creative Ways Developers Reimagine Retail Spaces as Residential Units
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