Cheap Homes for Rent in Greensburg, IN from $500 (9 Rentals)

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property at 202 E Taylor St

$525 - $645

1 Bedroom Rentals

Available Now

202 E Taylor St

ShelbyvilleIN46176

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.

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.

property at 4881 300W

$850 - $925

2 Bedroom Rentals

Available Now

4881 300W

New PalestineIN46163

Greensburg, IN Local Guide

Cheapest Available Greensburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greensburg, IN is a Studio unit found at The Crossings priced from $610. The Annex of Columbus has the second lowest priced unit, which is a 2 Beds apartment currently listed from $660. Here is today’s list of the most affordable Greensburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The CrossingsStudioStudio,1BA$610
The Annex of Columbus2 Bed 2 Bath2BR,2BA$660
Jerman Place1/11BR,1BA$750

Best Value Apartments for Rent in Greensburg, IN and Nearby

As of May 21, 2026 the best value apartment in the Greensburg area is the $1.20 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,937. The second greatest value Greensburg apartment is the 4BR Upstairs Model at Arbor at Water's Edge starting at $1,460 with a $1.01 price per square foot in the Downtown Columbus IN neighborhood. Here is today’s list of the best values for Greensburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Links at FranklinL33BR,2BA$1.20
Arbor at Water's Edge4BR Upstairs4BR,2BA$1.01
Townhomes at 28thThree Bedroom One Bath3BR,1BA$1.08
StonegateTwo Bedroom Two Bath2BR,2BA$1.26
Village In The WoodsTownhouse2BR,1.5BA$1.15
Williamsburg WayThe Richmond2BR,1BA$1.00
Water Dance Apartments2BR/1BA2BR,1BA$1.27
Jerman Place1/11BR,1BA$1.01
The Annex of Columbus2 Bed 2 Bath2BR,2BA$0.95
Bloomfield ApartmentsOne Bedroom1BR,1BA$1.25

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.

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Real 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.

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

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Frequently Asked Questions about Greensburg

What type of rentals are currently available in Greensburg?

There are currently 63 Apartments for Rent in Greensburg, IN with pricing that ranges from $565 to $2,473. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greensburg ranging from $525 to $8,995.

What is the current price range for Rental Homes in Greensburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Greensburg ranges from $525 to $8,995 with an average monthly rent of $3,172.

How much are larger Three and Four Bedroom Rentals in Greensburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Greensburg range from $1,200 to $2,473, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,460 to $6,995. Four Bedroom Single-Family rentals are also available starting from $2,675 and Four Bedroom Apartments start at $565.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.