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3 Bedroom Apartments for Rent in Greenwood, IN
37 Rentals Available

Look for 3 bedroom apartments near me

Are you looking to upgrade to a larger apartment? Are there certain requirements that you and your family need to be able to find the perfect apartment? Browse 3 bedroom apartments near you on RentCafe to find the one that fits your family. Filter by size, price, and amenities both inside and outside the apartment, and check reviews by verified residents, to make sure you are choosing the apartment that is perfect for you and your family.

Browse for 3 bedroom apartments near you, whether you want to stay in the same neighborhood or ZIP code, or in any city in the U.S. that you plan on moving to. We can help you find the one that is near all the essential places, such as stores, parks, schools and even your job, at the price that suits your budget. Your next home is waiting, let's find it!

Frequently Asked Questions

What is the price of a 3 bedroom apartment in Greenwood, IN?

The price range of a 3 bedroom apartment is between $945 and $2,295. Search 3 bedroom apartments in Greenwood, IN.

How many 3 bedroom apartments for rent are available in Greenwood, IN on RentCafe?

There are 37 3 bedroom rentals available on RentCafe. Prices and availability in Greenwood, IN were last updated on 19 May 2022.

What is the average size of a 3 bedroom apartment in Greenwood, IN?

The average Greenwood, IN 3 bedroom apartment size is 1,567 sq. ft.

What are the advantages of renting a 3 bedroom apartment in Greenwood, IN?

Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.

What are the downsides of renting a 3 bedroom apartment in Greenwood, IN?

A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs. You might be interested in studio apartments, 1 bedroom apartments or 2 bedroom apartments, or browse all RentCafe apartments for rent in Greenwood, IN.

Greenwood, IN Demographics

  • Total Population57,764
  • Female 27,867
    Male 29,897
  • Median Age35

A total population of 57,764 lives in Greenwood, IN, according to data published by the U.S. Census Bureau. Population statistics show that 29,897 of Greenwood’s residents are women and 27,867 are men. The median age of the population in Greenwood, IN is 35.

Average Rent in Greenwood, IN

  • Greenwood, IN Average Rental Price, April 2022 $1,094 /mo

Apartments for rent in Greenwood, IN have an average price of $1,094 per month.

Greenwood, IN Apartment Rent Ranges

Greenwood, IN Rent Trends

Average Rent Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Jul / 2021 Nov / 2021 Apr / 2022
Greenwood, IN $830 $880 $883 $871 $895 $913 $925 $1,034 $1,071 $1,094
National $1,367 $1,399 $1,407 $1,409 $1,399 $1,403 $1,412 $1,495 $1,591 $1,628

Compared to the average rent in the U.S. of $1,628, the rent in Greenwood, IN is $1,094 per month.

Greenwood, IN Households

  • Total Number of Households22,360
  • Family 14,515
    Non-family 7,845
  • Children 8,231
    No Children 14,129
  • Average People Per Household2.56
  • Median Household Income$63,474
  • Median Housing Costs Per Month$999

According to the U.S. Census, there are 22,360 households in Greenwood, IN. The Census estimates also show that 14,515 are family households and 7,845 are non-family households. Moreover, Greenwood has 8,231 households with children in Greenwood and 14,129 households without children. On average, about 2.56 people constitute a household in Greenwood, IN. The median income of a Greenwood household living in Greenwood is $63,474 per year. The housing costs per month are estimated around $999.

Greenwood, IN Education Statistics

According to U.S. Census Bureau estimates, the share of residents in Greenwood, IN that have no high school education is 2%, and the share of those who went to high school is 38%. 24% of residents have some college education, 7% have an Associate Degree, while 21% have a Bachelor Degree, and a share of 7% have a Graduate Degree.

Renting a 3 bedroom apartment in Greenwood, IN

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,528 Sq.Ft.. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Greenwood, IN, rents on 3 bedroom apartments go up to $2,500. 30 rental properties offer 3 bedroom units in Greenwood, IN to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Greenwood, IN

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $945 in Greenwood, IN, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Sweetgrass or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!