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Houses for Rent in Greenwood, IN

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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

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As of November 2026, Greenwood's rental market is balanced, with rentals spending about 31 days on the market, slower than in Indiana (27), and rents down 2.2% over the past year. Greenwood's average rent is 6.3% ($92) lower than the Indiana average of $1,452 and 33.2% ($676) lower than the U.S. average of $2,036.

Average Rent
$1,360
Monthly ChangeMonth Over Month Change
Decreased0.35% ($5)
Yearly ChangeYear Over Year Change
Decreased2.2% ($31)
Days on Market
31
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,012 Decreased0.36% ($4) Decreased2.6% ($27)
2 Beds $1,255 Decreased0.25% ($3) Decreased2.0% ($26)
3 Beds $1,853 Flat Increased0.7% ($13)
Nearby Cities Average Rent Avg. Rent vs. GreenwoodAverage Rent vs. Greenwood Days on Market
Whiteland $1,635 Increased20.2% ($275) 30 days
Bargersville $1,699 Increased24.9% ($339) 30 days
Beech Grove $1,186 Decreased12.8% ($174) 30 days
Camby $1,578 Increased16.0% ($218) 30 days
Franklin $1,313 Decreased3.5% ($47) 30 days
Based on rentals advertised on RentalSource in and around Greenwood.
Frequently Asked Questions
Greenwood Rental Market FAQs

Explore rental prices, market conditions, and affordability in Greenwood, IN.

The average rent in Greenwood, IN is $1,360 per month.
In Greenwood, the average rent is about $1,012 per month for a 1-bedroom house, $1,255 for a 2-bedroom house and about $1,853 for a 3-bedroom house.
The average rent in Greenwood is 33.2% ($676) lower than the national average of $2,036 per month.
The rental market in Greenwood, IN is currently balanced, with rentals spending about 31 days on the market, slower than in Indiana (27), and rents down 2.2% over the past year.
Based on the current averages, a household would need an annual income of $50,200 to comfortably afford a 2-bedroom house in Greenwood.
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