Cheap Homes for Rent in Greenfield, IN from $800 (5 Rentals)

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Cheap Homes in Greenfield.

property at 906 W South St

906 W South St

GreenfieldIN46140

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

property at 4881 300W

4881 300W

New PalestineIN46163

Greenfield - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Greenfield, IN Local Guide

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 $620. Serenity Park Apartments in the Southeast Indianapolis neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here is today’s list of the most affordable Greenfield apartments for rent:

Apartment ListingModel NameBed/BathPriced From
LINCOLN PARK APARTMENTSStudioStudio,1BA$620
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$769
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$899

Best Value Apartments for Rent in Greenfield, IN

As of May 09, 2025 the best value apartment in the Greenfield area is the $1.33 price per square foot Forestwood Model at Redwood Greenfield in the starting from $1,724. The second greatest value Greenfield apartment is the The Estate Model at Washington Village Apartments starting at $1,410 with a $1.18 price per square foot in the Southeast Indianapolis neighborhood. Here is today’s list of the best values for Greenfield apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood GreenfieldForestwood2BR,2BA$1.33
Washington Village ApartmentsThe Estate3BR,2BA$1.18
The Life at Belhaven Place3 Bed 2 Bath3BR,2BA$1.18
Jefferson Place ApartmentsB2-U2BR,2BA$1.21
Country Lake Townhomes2 BR, 1.5 Bath townhome2BR,1.5BA$1.40
308 S State St308 S State St2BR,1BA$1.20
LINCOLN PARK APARTMENTSTwo Bedrooms One Bathroom2BR,1BA$0.85
CrosswindsEarhart2BR,1BA$1.36
Lake Marina Apartments1 Bedroom Townhouse1BR,1BA$1.40
Serenity Park Apartments1 Bedroom 1 Bath1BR,1BA$1.29

Quick Rent Budget Calculator

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Frequently Asked Questions about Greenfield

What type of rentals are currently available in Greenfield?

There are currently 61 Apartments for Rent in Greenfield, IN with pricing that ranges from $449 to $3,395. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Greenfield ranging from $850 to $2,700.

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 $850 to $2,700 with an average monthly rent of $1,538.

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 $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,635 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,875 and Four Bedroom Apartments start at $1,581.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.