Prices last verified
Average Rent in Greenwood 46142 & Rent Trends
Rent prices and market trends across 1 apartment community in Greenwood 46142, Greenwood, IN. Updated daily.
Market Average
$1,556/mo
Lowest Listed
$1,274/mo
as of Sep 29
Communities
1
tracked daily
Units Listed
38
as of Sep 29
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Greenwood 46142 vs Greenwood, IN Average
Greenwood 46142 is more expensive than the Greenwood, IN average by $99/mo (7%). The citywide average is $1,457/mo across all neighborhoods.
Is Rent Going Up or Down in Greenwood 46142?
As of September 2026, the average rent in Greenwood 46142 is $1,556 per month across 1 apartment community and 38 recently listed units.
The most affordable option is The Madison at Greenwood starting at $1,274/mo. By unit type, a studio averages $1,556/mo.
Prices range from $1,274 to $2,026 per month. The most common price point is the $1,400 range, where 14 units were listed.
Rent Price Distribution
Rent by Bedroom Type in Greenwood 46142
Rent Prices by Apartment in Greenwood 46142
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Madison at Greenwood | $1,274/mo | $1,556/mo | 38 | 4.4 |
Frequently Asked Questions About Rent in Greenwood 46142
What is the average rent in Greenwood 46142?
Is rent going up or down in Greenwood 46142?
What is the cheapest apartment in Greenwood 46142?
How many apartments are available in Greenwood 46142?
What salary do I need to live comfortably in Greenwood 46142?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$62,000/year
Based on the 30 percent rule, using our tracked average rent of $1,556/mo.
Comfortable income
$75,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,274/mo), you need to earn at least $51,000/year.
Median household income in Greenwood 46142 is $78,765 , about 5% above the comfortable-living threshold.
Cost of living in Greenwood 46142
Overall prices in Greenwood 46142 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 46142's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,556 |
| Utilities | $374 |
| Groceries | $512 |
| Transportation | $892 |
| Healthcare | $435 |
| Other goods and services | $696 |
| Estimated total | $4,465/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.
Google Search Trends for Greenwood 46142 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Greenwood 46142 Apartments
Browse all 1 communities with daily-updated pricing and availability.