How much does it cost to rent at Sandstone Apartments?

Rent at Sandstone Apartments in Greenwood, IN ranges from $995 to $1,744 per month as of October 14, 2026.

What is the average 1 bed rent at Sandstone Apartments?

The average 1 bed apartment at Sandstone Apartments costs $1,120/month, starting from $995.

What is the average 2 bed rent at Sandstone Apartments?

The average 2 bed apartment at Sandstone Apartments costs $1,271/month, starting from $1,120.

What is the average 3 bed rent at Sandstone Apartments?

The average 3 bed apartment at Sandstone Apartments costs $1,691/month, starting from $1,435.

Is Sandstone Apartments a good apartment complex?

Sandstone Apartments has a 4.1-star rating on Google based on 134 reviews.

Updated today at 9:36 a.m. ET

Sandstone Apartments

1039 N Paz Dr, Greenwood, IN 46142, USA

4.1 (134 reviews) Official Website (317) 888-4288

Live pricing, refreshed today at 9:36 a.m. ET

Units Listed

$995

Starting at

$1,340

Average

$1,744

Highest

$1.38

Per Sq Ft

How does this compare? View Greenwood 46142 rent trends

Beds

Pricing by Bedroom

1 Bed

$1,120

from $995 · 8 units

~767 sqft avg

2 Bed

$1,271

from $1,120 · 10 units

~928 sqft avg

3 Bed

$1,691

from $1,435 · 7 units

~1,262 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (8)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$1,187/mo

from 1 tracked lease; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,187

vs $1,340 current asking ($153 negotiation gap)

Recent Lease Activity

26 units tracked; 1 assumed leased, 25 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Very high availability

7 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Greenwood 46142

Neighborhood

Polo Run Apartments

$933 Auburn Place

$971 Westminster Apartments

$980

Sandstone Apartments

$995

BayShore Apartments

$1,000 Stonehedge Apartments

$1,099 Meridian Oaks Apartments

$1,160 Devonshire

$1,230 Park Madison Apartments

$1,250 The Madison at Greenwood

$1,274 Library Park Apartments

$1,399

Comparing 11 apartments in Greenwood 46142. Click any bar to view that building.

See Greenwood 46142 rent trends on the Greenwood, IN map Explore Greenwood, IN on the interactive map

Available Units

Sort

25 units

Select a unit to see its price history and link to the rental site.

1 Bed / 1 Bath Unit 180

$995/mo

750 ft² · $1.33/ft²

Starting base rent

Available: Contact for availability

Up $1 since Oct 14 (was $994)

1 Bed / 1 Bath Unit 152

$999/mo

750 ft² · $1.33/ft²

Starting base rent

Available: Nov 20, 2026

Up $3 since Oct 14 (was $996)

1 Bed / 1 Bath Unit 181

$1,005/mo

750 ft² · $1.34/ft²

Starting base rent

Available: Contact for availability

Down $19 since Oct 14 (was $1,024)

1 Bed / 1 Bath Unit 155

$1,025/mo

750 ft² · $1.37/ft²

Starting base rent

Available: Contact for availability

Up $1 since Oct 14 (was $1,024)

2 Bed / 1 Bath Unit 079

$1,120/mo

850 ft² · $1.32/ft²

Starting base rent

Available: Contact for availability

2 Bed / 1 Bath Unit 089

$1,132/mo

850 ft² · $1.33/ft²

Starting base rent

Available: Contact for availability

2 Bed / 1 Bath Unit 092

$1,132/mo

850 ft² · $1.33/ft²

Starting base rent

Available: Contact for availability

Down $12 since Oct 13 (was $1,144)

2 Bed / 1 Bath Unit 028

$1,167/mo

850 ft² · $1.37/ft²

Starting base rent

Available: Nov 18, 2026

2 Bed / 1 Bath Unit 085

$1,167/mo

850 ft² · $1.37/ft²

Starting base rent

Available: Contact for availability

2 Bed / 1 Bath Unit 017

$1,187/mo

850 ft² · $1.40/ft²

Starting base rent

Available: Oct 15, 2026

Unit						Details
180	1bd / 1ba	750	$995 Starting base rent	$1.33	--	Up $1 since Oct 14
152	1bd / 1ba	750	$999 Starting base rent	$1.33	Nov 20, 2026	Up $3 since Oct 14
181	1bd / 1ba	750	$1,005 Starting base rent	$1.34	--	Down $19 since Oct 14
155	1bd / 1ba	750	$1,025 Starting base rent	$1.37	--	Up $1 since Oct 14
079	2bd / 1ba	850	$1,120 Starting base rent	$1.32	--
089	2bd / 1ba	850	$1,132 Starting base rent	$1.33	--
092	2bd / 1ba	850	$1,132 Starting base rent	$1.33	--	Down $12 since Oct 13
028	2bd / 1ba	850	$1,167 Starting base rent	$1.37	Nov 18, 2026
085	2bd / 1ba	850	$1,167 Starting base rent	$1.37	--
017	2bd / 1ba	850	$1,187 Starting base rent	$1.40	Oct 15, 2026
099	2bd / 1ba	850	$1,187 Starting base rent	$1.40	Nov 14, 2026
55B	1bd / 1ba	784	$1,228 Starting base rent	$1.57	--
55D	1bd / 1ba	784	$1,228 Starting base rent	$1.57	--
35B	1bd / 1ba	784	$1,228 Starting base rent	$1.57	--
47E	1bd / 1ba	784	$1,248 Starting base rent	$1.59	--
072	3bd / 2ba	1,100	$1,435 Starting base rent	$1.30	Jan 1, 2027
45C	2bd / 2ba	1,111	$1,506 Starting base rent	$1.36	Nov 14, 2026	Up $2 since Oct 14
35E	2bd / 2ba	1,111	$1,555 Starting base rent	$1.40	--	Up $2 since Oct 14
75E	2bd / 2ba	1,111	$1,555 Starting base rent	$1.40	--	Up $2 since Oct 14
65B	3bd / 2ba	1,289	$1,724 Starting base rent	$1.34	--
65D	3bd / 2ba	1,289	$1,724 Starting base rent	$1.34	--
65C	3bd / 2ba	1,289	$1,724 Starting base rent	$1.34	--
65H	3bd / 2ba	1,289	$1,744 Starting base rent	$1.35	--
65G	3bd / 2ba	1,289	$1,744 Starting base rent	$1.35	Nov 20, 2026
65F	3bd / 2ba	1,289	$1,744 Starting base rent	$1.35	Oct 15, 2026

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Severe nighttime trains

Freight line 1,021 ft away · 8 trains/day

6 daytime, 2 overnight
Crossing 1,021 ft away. Horns expected day and night.
Operator: LIRC

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Greenwood, IN notes

No resident notes for this property yet.