
Cheap Apartments for Rent in Greenville, IN from $497 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Greenville.


High Peaks

Yellowwood Terrace Affordable Senior Housing

Foxtail Pointe

Valley Ridge

Courtyard Apartments

Brookview Glen

335 S Shawnee Terrace

Knobs Pointe Apartments
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Elm Grove Apartments

Maple Grove Apartments

Stone Creek Apartments I & II

Locust Grove Apartments

Willow Grove Apartments

River Grove Apartments

Flats of Greentree

Gaslight Square Apartments

Huntley Ridge New Albany
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The Monroe

Townsquare Apartments

Willow Run

Glenview Apartments

Meadows at Green Tree

Arbor Place Apartments

The Breakwater

Total Monthly Price
Plaza Square Apartments

1307 E Market St
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Ashby Apartments

Klerner Lane Apartments

1737 Culbertson Ave

343 N 42nd St

Christ the King Apartments

112 Boston Ct

Kingsfield Luxury Apartments

2411-2415 Charlestown Rd

3417 Duncan St
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

4435 Parker Ave

655 S 35th St

Spring Manor Apartments

High Park Apartments

Lancaster Lofts

3911 Larkwood Ave

3232 W Muhammad Ali Blvd

3831 Horne Ave

Marvin Gardens on Main
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439 N 28th St

St. James Place Apartments
Greenville, IN Local Guide

How much does it cost to rent an apartment in Greenville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greenville Studio Apartments | $970 | $719 | $1,115 |
| Greenville 1 Bedroom Apartments | $971 | $200 | $1,625 |
| Greenville 2 Bedroom Apartments | $1,214 | $497 | $1,712 |
| Greenville 3 Bedroom Apartments | $1,347 | $806 | $1,649 |
Browse Top Apartments in Greenville
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Greenville, IN Local Guide
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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. Brookview Glen in the New Albany neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $719. Here is today’s list of the most affordable Greenville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,1BA | $200 |
| Brookview Glen | Studio | Studio,1BA | $719 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $739 |
| Elm Grove Apartments | Studio | 1BR,1BA | $765 |
| Valley Ridge | Two Bedroom Townhome | 2BR,1BA | $781 |
| Flats of Greentree | 1 Bedroom | 1BR,1BA | $795 |
| Huntley Ridge New Albany | Aspen | 1BR,1BA | $830 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $849 |
| Townsquare Apartments | garden apartment | 1BR,1BA | $875 |
| Willow Run | One Bed One Bath | 1BR,1BA | $889 |
Best Value Apartments for Rent in Greenville, IN and Nearby
As of August 26, 2026 the best value apartment in the Greenville area is the $0.89 price per square foot 3 Bedroom 2 Bath Model at Knobs Pointe Apartments in the in the New Albany neighborhood starting from $1,425. The second greatest value Greenville apartment is the 2BR/2.0BA Model at Lochwood starting at $1,365 with a $0.91 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Knobs Pointe Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $0.89 |
| Lochwood | 2BR/2.0BA | 2BR,2BA | $0.91 |
| Heritage Springs Rentals | Villas of Heritage Springs Townhomes | 3BR,1.5BA | $1.00 |
| Plum Ridge Apartments | Two Bed | 2BR,2BA | $1.01 |
| Valley Ridge | Three Bedroom Townhome | 3BR,1BA | $1.02 |
| Plaza Square Apartments | 2x1 | 2BR,1BA | $1.00 |
| Foxtail Pointe | 2 Bdrm B | 2BR,1BA | $0.99 |
| The Monroe | 1 Bedroom and 1 Bathroom | 1BR,1BA | $1.06 |
| Courtyard Apartments | 1.1B | 1BR,1BA | $1.07 |
| Yellowwood Terrace Affordable Senior Housing | Standard | 1BR,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.
Read ArticleThe 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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Greenville, IN Rentals by Map
See the most popular apartments and homes in Greenville, IN
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 $781 at Valley Ridge.
What is the most affordable Greenville Three Bedroom Apartment?
The best deal on a cheap Greenville Three Bedroom Apartment rental is at Heritage Springs Rentals and starts from $1,150.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.