Cheap Homes for Rent in Turfway Park Neighborhood of Greenwood, IN from $1,500 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Turfway Park area of Greenwood.

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Turfway Park, Greenwood, IN Local Guide

Cheapest Available Turfway Park Apartments for Rent

 

The cheapest available apartment rental in the Turfway Park area of Indianapolis, IN is a 1 Bed unit found at Beechmill Apartments priced from $985. Waterford Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Turfway Park apartments for rent in Indianapolis, IN:

Apartment ListingModel NameBed/BathPriced From
Beechmill ApartmentsBeech1BR,1BA$985
Waterford Place ApartmentsThe Limerick1BR,1BA$995
Bayshore ApartmentsB Monterey Bay 1.1 Up1BR,1BA$1,000

Best Value Apartments for Rent in Turfway Park, IN

As of January 04, 2026 the best value apartment in the Turfway Park area is the $1.24 price per square foot 2 Bedroom 1.5 Bath Townhome Model at Mansfield Village Townhomes in the in the Winchester Village neighborhood starting from $1,650. The second greatest value Turfway Park apartment is the Forestwood Model at Redwood Greenwood starting at $1,980 with a $1.53 price per square foot in the Barton Lakes neighborhood. Here is today’s list of the best values for Turfway Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mansfield Village Townhomes2 Bedroom 1.5 Bath Townhome2BR,1.5BA$1.24
Redwood GreenwoodForestwood2BR,2BA$1.53
Devonshire ApartmentsThe Windsor Renovated3BR,2BA$1.42
Pinebrook Apartments2x22BR,2BA$1.39
Bayshore ApartmentsI Largo Bay 2.2 Up2BR,2BA$1.53
Honey CreekHive Renovated2BR,2BA$1.40
Copper Chase at Stones CrossingTungsten1BR,1BA$1.48
Stonehedge ApartmentsThe Terra1BR,1BA$1.57
Beechmill ApartmentsBeech1BR,1BA$1.52
Waterford Place ApartmentsThe Limerick1BR,1BA$1.53

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 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.

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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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Frequently Asked Questions about Turfway Park

What type of rentals are currently available in Turfway Park?

There are currently 28 Apartments for Rent in Turfway Park, IN with pricing that ranges from $775 to $7,210. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Turfway Park ranging from $1,560 to $3,750.

What is the current price range for Rental Homes in Turfway Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Turfway Park ranges from $1,560 to $3,750 with an average monthly rent of $2,328.

How much are larger Three and Four Bedroom Rentals in Turfway Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Turfway Park range from $1,390 to $7,210, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,560 to $2,209. Four Bedroom Single-Family rentals are also available starting from $1,680 and Four Bedroom Apartments start at $1,725.

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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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.

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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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!