Homes & Apartments for Rent in 46143

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What to Know About

Life in Greenwood & Beyond

Greenwood shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Greenwood, IN

As of June 2026, Greenwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Greenwood's average rent is 1.5% ($19) lower than the Indiana average of $1,287 and 29.4% ($529) lower than the U.S. average of $1,797.

Average Rent
$1,268
Monthly ChangeMonth Over Month Change
Decreased3.3% ($43)
Yearly ChangeYear Over Year Change
Decreased17.6% ($271)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,063 Decreased4.5% ($50) Increased18.5% ($166)
2 Beds $1,246 Decreased4.5% ($59) Increased10.2% ($115)
3 Beds $1,571 Decreased5% ($82) Decreased13.5% ($246)
Nearby Cities Average Rent Avg. Rent vs. GreenwoodAverage Rent vs. Greenwood Avg. Days on MarketAverage Days on Market
Whiteland $1,606 Increased26.7% ($338) 27 days
Beech Grove $1,068 Decreased15.8% ($200) 36 days
Franklin $1,222 Decreased3.6% ($46) 29 days
Mooresville $1,097 Decreased13.5% ($171) 30 days
Indianapolis $1,219 Decreased3.9% ($49) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Greenwood Rental Market FAQs

Explore rental prices, market trends, and availability in Greenwood, IN.

The average rent in Greenwood, IN is $1,268 per month.
Homes in Greenwood typically rent for between $744 and $2,042 per month, with an average of $1,268 per month.
In Greenwood, the average rent for a 1-bedroom home is $1,063 per month, for a 2-bedroom home, $1,246 per month, and a 3-bedroom home is $1,571 per month.
The average rent in Greenwood is 29.4% ($529) lower than the national average of $1,797 per month.
The average rent in Greenwood has decreased by 3.3% ($43) in the last month and decreased by 17.6% ($271) over the past year.
The rental market in Greenwood, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Greenwood, IN, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 29 rental properties available in Greenwood, IN.
Based on the current averages, a household would need an annual income of $49,840 to comfortably afford a 2-bedroom home in Greenwood.
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