Average Rent in Greenwood, IN
35 apartment buildings, 325 units. Daily asking prices with rent history for every building.
Browse apartments in Greenwood, INCheapest
$522/mo
Main Street Commons Apartments
Properties
35
tracked daily
Units
325
available now
Greenwood, IN Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 35 properties in Greenwood, IN.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Greenwood, IN Rent Prices
All 35 properties ranked by lowest available rent.
Main Street Commons Apartments
635 E Main St Apt 310, Greenwood, IN 46143, USA
Southport at Buck Creek
1451 E Southport Rd, Indianapolis, IN 46227, USA
Clearview
715 Clearview Dr, Greenwood, IN 46143, USA
Fountain Lake Villas
8960 S Keystone Ave, Indianapolis, IN 46227, USA
Polo Run Apartments
800 Kings Mill Rd, Greenwood, IN 46142, USA
Auburn Place
745 Wooddale Terrace, Greenwood, IN 46142, USA
Sandstone Apartments
1039 N Paz Dr, Greenwood, IN 46142, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Main Street Commons Apartments 635 E Main St Apt 310, Greenwood, IN 46143, USA | $522 | $700 | -- | 3.9 (14) | 2 |
| 2 | Southport at Buck Creek 1451 E Southport Rd, Indianapolis, IN 46227, USA | $821 as of Oct 6 | $1,251 | $0.90/ft² | 3.9 (441) | 30 |
| 3 | Clearview 715 Clearview Dr, Greenwood, IN 46143, USA | $855 | $953 | $2.20/ft² | 3.5 (55) | 2 |
| 4 | Fountain Lake Villas 8960 S Keystone Ave, Indianapolis, IN 46227, USA | $925 | $1,213 | -- | 3.8 (193) | 6 |
| 5 | Polo Run Apartments 800 Kings Mill Rd, Greenwood, IN 46142, USA | $930 | $977 | $1.72/ft² | 4 (934) | 9 |
| 6 | Auburn Place 745 Wooddale Terrace, Greenwood, IN 46142, USA | $971 | $1,121 | $1.25/ft² | 3 (129) | 13 |
| 7 | Sandstone Apartments 1039 N Paz Dr, Greenwood, IN 46142, USA | $994 | $1,340 | $1.38/ft² | 4.1 (134) | 25 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Main Street Commons Apartments
3.9 (14)635 E Main St Apt 310, Greenwood, IN 46143, USA
Southport at Buck Creek
3.9 (441)1451 E Southport Rd, Indianapolis, IN 46227, USA
Clearview
3.5 (55)715 Clearview Dr, Greenwood, IN 46143, USA
Fountain Lake Villas
3.8 (193)8960 S Keystone Ave, Indianapolis, IN 46227, USA
Polo Run Apartments
4 (934)800 Kings Mill Rd, Greenwood, IN 46142, USA
Auburn Place
3 (129)745 Wooddale Terrace, Greenwood, IN 46142, USA
By Area
Greenwood, IN neighborhoods
Tracked buildings across 4 named neighborhoods. Pick one to see its apartments.
Greenwood, IN Average Rent Prices 2026
The average rent in Greenwood, IN is $1,431 per month, based on 325 units across 35 apartment communities. Prices range from $522 at Main Street Commons Apartments to $2,804 at Redwood.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,161/mo | $855/mo | 7 |
| 1 Bed | $1,202/mo | $522/mo | 84 |
| 2 Bed | $1,502/mo | $878/mo | 172 |
| 3 Bed | $1,647/mo | $1,299/mo | 52 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Greenwood, IN, and what they pay
Tracked one-bedroom rent in Greenwood, IN averages $1,202/mo, with two-bedroom units averaging $1,502/mo. At the local median household income of $78,765, that works out to 22% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Greenwood, IN at $1,252/mo. The current tracked market average runs 14% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Greenwood, IN while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Greenwood, IN?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$57,000/year
Based on the 30 percent rule, using our tracked average rent of $1,431/mo.
Comfortable income
$69,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($522/mo), you need to earn at least $21,000/year.
Median household income in Greenwood, IN is $78,765 , about 15% above the comfortable-living threshold.
Cost of living in Greenwood, IN
Overall prices in Greenwood, IN runs below the national average by about 5% (BEA Regional Price Parity index 94.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Greenwood, IN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,431 |
| Utilities | $374 |
| Groceries | $512 |
| Transportation | $892 |
| Healthcare | $435 |
| Other goods and services | $696 |
| Estimated total | $4,340/mo |
Population
64,237
Median household income
$78,765
Census median rent
$1,252/mo
Census rent burden
26.3%
Median age
36.4
Mean commute
25 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in Indiana
How Greenwood, IN rent compares to other markets in the state.
| City | Avg Rent | vs Greenwood, IN | 30-Day Change | Properties |
|---|---|---|---|---|
| Fishers, IN | $1,926 | +35% | -0.6% | 14 |
| Indianapolis, IN | $1,600 | +12% | -9.5% | 11 |
| Terre Haute, IN | $1,131 | -21% | +6.2% | 11 |
| Carmel, IN | $1,674 | +17% | -2% | 10 |
| Kokomo, IN | $1,082 | -24% | -4.6% | 10 |
| Westfield, IN | $1,836 | +28% | -0.3% | 10 |
Frequently asked questions
What is the average rent in Greenwood, IN?
The average rent in Greenwood, IN is $1,431 per month, based on 325 units across 35 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the median rent in Greenwood, IN?
The median asking rent in Greenwood, IN is $1,412 per month, computed from 325 live listed units and refreshed daily. The average is $1,431/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Greenwood, IN?
The lowest available rent in Greenwood, IN starts at $522 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Greenwood, IN?
1-bedroom apartments in Greenwood, IN average $1,202/mo. The lowest listed 1-bedroom starts at $522/mo across 84 units tracked.
How much is a 2-bedroom apartment in Greenwood, IN?
2-bedroom apartments in Greenwood, IN average $1,502/mo. Units start from $878/mo across 172 units currently listed.
Rent Trends in Greenwood, IN
Track how apartment prices are changing over time.
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