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Cheap Apartments for Rent in Greenwood, IN

161 Rentals Available
Apartments Under $500 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000

Apartments Under $500

Apartments Under $600

  • 148
    Today

    23 North Rural Street, Indianapolis, IN 46201
    Income Restricted
    STUDIO $771
    1 BED $505
    2 BEDS $1,020
  • 291
    Today

    19 N. Oxford St., Indianapolis, IN 46201
    Income Restricted
    1 BED $525+
    2 BEDS $800

Apartments Under $700

  • 97
    Today

    315 Koehne Street, Indianapolis, IN 46222
    1 BED $691+
    2 BEDS $787

Apartments Under $800

  • 29
    Today

    1430 & 1420 Madison Ave., Indianapolis, IN 46225
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • 52
    Today

    800 Kings Mill Road, Greenwood, IN 46142
    STUDIO $752+
    1 BED $803+
    2 BEDS $924+

Apartments Under $900

  • 69
    Today

    3714 Bartlett Ave, Indianapolis, IN 46227
    STUDIO $825
    1 BED $955+
    2 BEDS Ask for Pricing
  • 85
    Today

    2760 Cherry Glen Way, Indianapolis, IN 46227
    STUDIO $849+
    1 BED $964+
    2 BEDS Ask for Pricing
  • 47
    Today

    8026 Mcfarland Court, Indianapolis, IN 46227
    STUDIO $869
    1 BED $994
    2 BEDS Ask for Pricing
  • 79
    Today

    4259 Burkhart Drive, Indianapolis, IN 46227
    1 BED $870+
    2 BEDS $999+
    3 BEDS $1,315

Apartments Under $1,000

  • 113
    Today

    4417 Linwood Ct, Indianapolis, IN 46201
    1 BED Ask for Pricing
    2 BEDS $927+
  • 142
    Today

    1366 N Arlington Ave, Indianapolis, IN 46219
    2 BEDS $940+
  • 25
    Today

    1039 Paz Drive North, Greenwood, IN 46142
    1 BED $958+
    2 BEDS $975+
    3 BEDS $1,270+
  • 24
    Top Rated for Location
    a kitchen with white cabinets and black appliances and a sink a bedroom with white walls and carpet and white closet doors
    4.0
    Today

    8020 Madison Avenue, Indianapolis, IN 46227
    Available
    1 BED $975
    2 BEDS $1,025+
    a kitchen with white cabinets and black appliances and a sink a bedroom with white walls and carpet and white closet doors a playground in a yard in front of an apartment building the stairway leading up to the second floor of the building
    Property reviews
    5/5 Anonymous on Jan 10, 2025

    Itsgreat and I love it god id good and I thank him

    5/5 Anonymous on Mar 1, 2024

    Friendly and helpful staff. Maintenance is very reliable.

  • 72
    1 day ago

    737 Lockefield Lane, Indianapolis, IN 46202
    1 BED $989
    2 BEDS $1,253
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  • 54
    Today

    115 S. High School Rd, Indianapolis, IN 46241
    1 BED $1,000
    2 BEDS Ask for Pricing
    3 BEDS $1,470
  • 37
    Today

    7980 Dunston Drive, Indianapolis, IN 46239
    STUDIO Ask for Pricing
    1 BED $1,024
    2 BEDS Ask for Pricing
  • 10
    Today

    820 Hospital Rd, Franklin, IN 46131
    STUDIO Ask for Pricing
    1 BED $1,049
    2 BEDS $1,149
  • Today

    921 Parliament Place, Greenwood, IN 46142
    1 BED $1,070
    2 BEDS $1,149+
    3 BEDS $1,490
  • 25
    Today

    6764 Lambert Street, Indianapolis, IN 46241
    Income Restricted
    1 BED $1,075
    2 BEDS $1,293
    3 BEDS $1,475
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  • 74
    Today

    4010 Mann Village Rd, Indianapolis, IN 46221
    Income Restricted
    1 BED $1,076
    2 BEDS $1,244
  • 98
    Today

    240 N. Warman Ave., Indianapolis, IN 46222
    1 BED $1,100
    2 BEDS $1,150
    3 BEDS $1,400
  • 96
    Today

    4100 Continental Court, Indianapoils, IN 46227
    1 BED Ask for Pricing
    2 BEDS $1,140+
    3 BEDS Ask for Pricing
  • 12
    Today

    902 Wallington Circle, Greenwood, IN 46143
    1 BED $1,190+
    2 BEDS $1,434+
    3 BEDS $1,668+
  • 100
    Today

    1015 Vesper Pl, Indianapolis, IN 46203
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS $1,570
4-21-city
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Popular searches Average rent Renters guide Demographics

Getting around in Greenwood, IN

8 /100
Car-Dependent
30 /100
Somewhat Bikeable
Walk Score®: 8, Bike Score®: 30

Frequently asked questions

What is the price of a cheap apartment in Greenwood, IN?

The price range of a cheap apartment is between $752 and $2,416.

How many cheap rentals are available in Greenwood, IN on RentCafe?

There are 82 cheap rentals available on RentCafe. Prices and availability in Greenwood, IN were last updated on 8 Jul 2025.

What is the average size of a cheap apartment in Greenwood, IN?

The average Greenwood, IN cheap apartment size is 886 sq. ft.

What are the advantages of renting a cheap apartment in Greenwood, IN?

Cheap apartments in Greenwood, IN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Greenwood, IN?

A cheap apartment in Greenwood, IN offers little storage space and fewer amenities compared to other apartments.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Greenwood, IN? With RentCafe, finding an affordable apartment in Greenwood, IN has never been easier. We feature 163 low-priced rentals directly from property managers, with rents lower than the Greenwood, IN average. What is a cheap rent in Greenwood, IN? The average apartment rent in Greenwood is $1,326 per month so any rental south of $1,060 would be considered cheap here. On RentCafe, Greenwood, IN rents go as low as $495/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!