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Viewing 1-6 of 6 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 August 2025, Greenwood's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Greenwood's average rent is 4.6% ($57) higher than the Indiana average of $1,247 and 27.2% ($486) lower than the U.S. average of $1,790.
Average Rent
$1,304
Monthly ChangeMonth Over Month Change
10.9% ($128)
Yearly ChangeYear Over Year Change
13.7% ($207)
Avg. Days on MarketAverage Days on Market
28
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,054 | 7.9% ($77) | 2.2% ($23) |
| 2 Beds | $1,243 | 0.8% ($10) | 11.2% ($156) |
| 3 Beds | $1,717 | 4.1% ($68) | 2.2% ($39) |
| Nearby Cities | Average Rent | Avg. Rent vs. GreenwoodAverage Rent vs. Greenwood | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Whiteland | $1,419 | 8.8% ($115) | 27 days |
| Bargersville | $1,357 | 4.1% ($53) | 24 days |
| Beech Grove | $1,073 | 17.7% ($231) | 36 days |
| Camby | $1,383 | 6.1% ($79) | 29 days |
| Franklin | $1,360 | 4.3% ($56) | 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 $1,304 per month.
Apartments in Greenwood typically rent for between $738 and $2,232 per month, with an average of $1,304 per month.
In Greenwood, the average rent for a 1-bedroom apartment is $1,054 per month, for a 2-bedroom apartment, $1,243 per month, and a 3-bedroom apartment is $1,717 per month.
The average rent in Greenwood is 27.2% ($486) lower than the national average of $1,790 per month.
The average rent in Greenwood has increased by 10.9% ($128) in the last month and decreased by 13.7% ($207) 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 25 rental properties available in Greenwood, IN.
Based on the current averages, a household would need an annual income of $49,720 to comfortably afford a 2-bedroom apartment in Greenwood.
