Apartments for Rent in Greenwood, IN

1-20 of 26 rentals
Viewing 1-20 of 26 rentals in Greenwood
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 July 2025, Greenwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Greenwood's average rent is 6.9% ($87) lower than the Indiana average of $1,263 and 33.7% ($599) lower than the U.S. average of $1,775.

Average Rent
$1,176
Monthly ChangeMonth Over Month Change
Decreased23.6% ($363)
Yearly ChangeYear Over Year Change
Decreased23.1% ($353)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $977 Increased8.9% ($80) Decreased7.9% ($84)
2 Beds $1,233 Increased9% ($102) Decreased12.4% ($174)
3 Beds $1,649 Decreased9.2% ($168) Decreased7.9% ($142)
Nearby Cities Average Rent Avg. Rent vs. GreenwoodAverage Rent vs. Greenwood Avg. Days on MarketAverage Days on Market
Whiteland $1,419 Increased20.7% ($243) 27 days
Bargersville $1,357 Increased15.4% ($181) 24 days
Beech Grove $1,078 Decreased8.3% ($98) 36 days
Camby $1,383 Increased17.6% ($207) 29 days
Franklin $1,338 Increased13.8% ($162) 29 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 $1,176 per month.
Apartments in Greenwood typically rent for between $684 and $2,144 per month, with an average of $1,176 per month.
In Greenwood, the average rent for a 1-bedroom apartment is $977 per month, for a 2-bedroom apartment, $1,233 per month, and a 3-bedroom apartment is $1,649 per month.
The average rent in Greenwood is 33.7% ($599) lower than the national average of $1,775 per month.
The average rent in Greenwood has decreased by 23.6% ($363) in the last month and decreased by 23.1% ($353) 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 37 rental properties available in Greenwood, IN.
Based on the current averages, a household would need an annual income of $49,320 to comfortably afford a 2-bedroom apartment in Greenwood.
What's New on the Blog

Explore recent posts across our blog, which is curated for renters, landlords, and industry pros.

List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, Zumper and more to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful