
Cheap Apartments for Rent in Greenfield, IN from $400 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenfield.


632 S State St

2142 US-40

2142 US-40

501 Pratt St

LILA

Reflections I

Greenfield Village

129 Pratt 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.

Preserve on Blue Road Apartments

Washington Village Apartments

Greenfield Knoll Apartments

Greenfield Crossing Apartments

Grace Lane Apartments

1227 E 4th St

632 S State St

420 Indiana St

2142 W US Hwy 40
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.

Eastway Court Apartments

Bluestone

Prairie Meadows

Broadway Village Apartments

Spanish Oaks

Elmtree Park

Serenity Park Apartments

The Vineyards Apartment Homes

Harrison Point Apartments
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Bristol Square

Willow Glen East

Lake Marina Apartments

Warren Harbor Apartments

Benjamin Court

Cumberland Manor

Willowood East

Carriage House East

Teal Run Apartments
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.

Stonecrest Apartments

Knoll Ridge Townhomes

Country Lake Estates

Jefferson Place Apartments

Sugar Creek Apartments

Crosswinds

Cedar Ridge

Harrison Place Apartments

Gateway Crossing Apartments
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.

Iron Trail

Bavarian Village Apartments

The Life at Belhaven Place

Freeman Apartments
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 | $805 | $645 | $1,115 |
| Cheap Greenfield 1 Bedroom Apartments | $1,306 | $670 | $2,144 |
| Cheap Greenfield 2 Bedroom Apartments | $1,533 | $880 | $2,774 |
| Cheap Greenfield 3 Bedroom Apartments | $1,743 | $1,225 | $2,750 |
| Cheap Greenfield 4 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Top Apartments in Greenfield
See all Apartments in GreenfieldExplore Greenfield
Greenfield, IN Local Guide
- Greenfield Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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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. Spanish Oaks in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Greenfield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINCOLN PARK APARTMENTS | One Bedroom One Bathroom | 1BR,1BA | $470 |
| Spanish Oaks | Studio | Studio,1BA | $725 |
| The Vineyards Apartment Homes | Studio Classic | Studio,1BA | $799 |
| Bristol Square | 1 Bedroom Loft | 1BR,1BA | $860 |
| Lake Marina Apartments | The Runabout | 1BR,1BA | $899 |
| Bavarian Village Apartments | The Challis 1 BR 1 BA | 1BR,1BA | $913 |
| Warren Harbor Apartments | The York | 1BR,1BA | $925 |
| Eastway Court Apartments | The Denali | 1BR,1BA | $940 |
| Benjamin Court | One Bedroom One Bath | 1BR,1BA | $944 |
| Reflections I | 2x2 50%xv | 2BR,2BA | $949 |
Best Value Apartments for Rent in Greenfield, IN
As of January 25, 2026 the best value apartment in the Greenfield area is the $1.31 price per square foot 3x2 Model at Broadway Village Apartments in the starting from $1,589. The second greatest value Greenfield apartment is the 3 Bed 2 Bath Model at The Life at Belhaven Place starting at $1,425 with a $1.21 price per square foot in the Southeast Indianapolis 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. |
|---|---|---|---|
| Broadway Village Apartments | 3x2 | 3BR,2BA | $1.31 |
| The Life at Belhaven Place | 3 Bed 2 Bath | 3BR,2BA | $1.21 |
| Willow Glen East | 2x1.5 1111 TH | 2BR,1.5BA | $1.20 |
| Carriage House East | 3 Bedroom Townhome Empowerment | 3BR,1.5BA | $1.37 |
| Greenfield Knoll Apartments | 2 Bed/ 1.5 Bath TH | 2BR,1.5BA | $1.25 |
| Country Lake Townhomes | The Prince | 2BR,1.5BA | $1.35 |
| Warren Harbor Apartments | The Luxor | 2BR,2BA | $1.32 |
| LINCOLN PARK APARTMENTS | Two Bedrooms One Bathroom | 2BR,1BA | $0.89 |
| Bristol Square | 1 Bedroom Loft | 1BR,1.5BA | $1.06 |
| Cumberland Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.30 |
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 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 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 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 $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 Bristol Square and starts from $1,225.
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
Written by: Wendy Melton
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.
Articles, How-To's, and Tips

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.