
Cheap Homes for Rent in Greenfield, IN from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Greenfield.


570 US-52

18 Hough St

1014 E 7th St

10359 Chris Dr

6581 W Black Tail Way
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.

3026 Osceola Ln

3108 Pawnee Dr

334 W Staat St

318 N Harrison St

11961 Fairway Cir N Dr

658 Florence Dr
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.
Greenfield, IN Local Guide

How much does it cost to rent a home in Greenfield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenfield 2 Bedroom Homes for Rent | $1,029 | $1,029 | $1,029 |
| Greenfield 3 Bedroom Homes for Rent | $1,815 | $1,400 | $2,250 |
| Greenfield 4 Bedroom Homes for Rent | $2,335 | $1,925 | $3,550 |
| Greenfield 5 Bedroom Homes for Rent | $2,494 | $2,445 | $2,560 |
Browse Top Homes for Rent in Greenfield
Explore Greenfield
Greenfield, IN Local Guide
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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 |
| Willowood East | Studio | Studio,1BA | $735 |
| Spanish Oaks | Studio | Studio,1BA | $775 |
| Serenity Park Apartments | STOP SCROLLING — SERENITY PARK IS UNDER NEW MAN... | 1BR,1BA | $794 |
Best Value Apartments for Rent in Greenfield, IN
As of July 09, 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 |
| Reflections I | 2x2 50%x | 2BR,2BA | $1.19 |
| Teal Run Apartments | 2BR/1.0BA | 2BR,1BA | $1.38 |
| LINCOLN PARK APARTMENTS | Studio | Studio ,1BA | $0.81 |
| Warren Harbor Apartments | The York | 1BR,1BA | $1.34 |
| Serenity Park Apartments | STOP SCROLLING — SERENITY PARK IS UNDER NEW MAN... | 1BR,1BA | $1.33 |
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 Greenfield
What type of rentals are currently available in Greenfield?
There are currently 68 Apartments for Rent in Greenfield, IN with pricing that ranges from $479 to $3,999. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenfield ranging from $1,029 to $3,550.
What is the current price range for Rental Homes in Greenfield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Greenfield ranges from $1,029 to $3,550 with an average monthly rent of $1,904.
How much are larger Three and Four Bedroom Rentals in Greenfield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Greenfield range from $1,225 to $3,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,925 and Four Bedroom Apartments start at $1,600.
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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.