Cheap Apartments for Rent in Greenville, IN from $400 (63 Rentals)

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High Peaks
2 Bedroom Apartments

High Peaks

9815 US-150Greenville, IN 47124

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.

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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.

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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.

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Foxtail Pointe
2 to 3 Bedroom Apartments

Foxtail Pointe

8810 Old Highway 60Sellersburg, IN 47172
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1743 Culbertson Ave
1 Bedroom Apartments

1743 Culbertson Ave

1743 Culbertson AveNew Albany, IN 47150
  • Utilities Included

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Greenville, IN Local Guide

Cheapest Available Greenville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Greenville, IN is a 1 Bed unit found at Yellowwood Terrace Affordable Senior Housing in the Clarksville neighborhood priced from $200. Foxtail Pointe in the Southern Indiana neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $573. Here is today’s list of the most affordable Greenville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$200
Foxtail Pointe3 Bdrm3BR,2BA$573
Brookview GlenStudioStudio,1BA$719
Flats of Greentree1 Bedroom1BR,1BA$795
Courtyard Apartments2.1A2BR,1BA$813
Huntley Ridge New AlbanyAspen1BR,1BA$830
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$849
Glenview Apartments1 Bedroom1BR,1BA$869
Townsquare Apartmentsgarden apartment1BR,1BA$875
Meadows at Green TreeThe Elm1BR,1BA$925

Best Value Apartments for Rent in Greenville, IN and Nearby

As of July 11, 2026 the best value apartment in the Greenville area is the $1.06 price per square foot 2BR/1.5BA Model at Lochwood in the in the New Albany neighborhood starting from $1,275. The second greatest value Greenville apartment is the The Arbor Model at Arbor Place Apartments starting at $1,150 with a $0.96 price per square foot in the New Albany neighborhood. Here is today’s list of the best values for Greenville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lochwood2BR/1.5BA2BR,1.5BA$1.06
Arbor Place ApartmentsThe Arbor2BR,1.5BA$0.96
Heritage Springs RentalsVillas of Heritage Springs Townhomes3BR,1.5BA$1.00
Plum Ridge ApartmentsTwo Bed2BR,2BA$1.05
Valley RidgeThree Bedroom Townhome3BR,1BA$1.02
Adelyn Apartments4229-72BR,2BA$1.03
Plaza Square Apartments2x12BR,1BA$1.00
The Monroe1 Bedroom and 1 Bathroom1BR,1BA$1.06
Courtyard Apartments1.1B1BR,1BA$1.07
Yellowwood Terrace Affordable Senior HousingStandard1BR,1BA$0.34

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.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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

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Frequently Asked Questions about Cheap Greenville Apartments

What is the Cheapest Studio apartment in Greenville?

Currently the most affordable Cheap Studio Apartment in Greenville is at Brookview Glen listed at $719.

How much is rent for a Cheap One Bedroom Greenville Apartment?

The lowest price for a Cheap One Bedroom Greenville Apartment is $200 at Yellowwood Terrace Affordable Senior Housing.

What is the lowest price for a Cheap Two Bedroom Greenville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Greenville is starting from $813 at Courtyard Apartments.

What is the most affordable Greenville Three Bedroom Apartment?

The best deal on a cheap Greenville Three Bedroom Apartment rental is at Foxtail Pointe and starts from $573.

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

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The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

Written by: Mike Heuer

Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Written by: Mike Heuer

Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Written by: Mike Heuer

Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

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Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky

Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.